Gateway Villas, 500 Estero Blvd #494

2
Beds
2
Baths
949
SqFt
$854
$/SqFt
Sold - Aug 22, 2025
High-End Condo
Built in 1979
Gulf, Gulf and Bay View
Waterfront
High Rise (8+)
Screened Lanai/Porch
Sold unfurnished and without appliances.. 2 bed/2 bath DIRECT GULF FRONT Condo with a combination of a great northend beach location, popular floorplan, favorable rental rules, and owners are allowed pets. Gateway Villas on the northend of Fort Myers Beach has been a popular building with a gated entrance to the parking lot and lots of parking. INVESTORS - the building allows 7 days minimun rentals. This 4th floor unit had some damage and drywall was replaced as needed and electrical switches were replace wherever the drywall was replaced. The kitchen cabinets were recently removed and the cast iron plumbing in the kitchen was replaced. ALL new IMPACT sliders and windows; new air conditioner; and new water heater. Unit will be SOLD UPDATED - The kitchen will have white shaker cabinets, quartz countertops and backsplash, and the "drop down" ceiling is removed. The two bathrooms feature white shaker vanities, quartz countertops, marble tiled showers with shampoo inserts and glass shower doors. New interior doors and new tile on the balconies. Recessed lighting in the livingroom. Decorative ceiling beams in the bedrooms. New Flooring throughout. It will look like the photos of the recently renovated unit (attached). The corner unit is light and bright with extra windows and TWO balconies - one overlooks the beach and ocean; the other overlooks the bay and beach. This 2 bed / 2 bath unit will make a great personal residence or provide a sizable investment income. The building has 46 units over 8 floors. The building is in the final stages of repair and will feel brand new with new waterproof electirical room, refurbished pool area, new elevators (2 elevators), new roof (2023), and new landscaping. Maintenance fees of $781 per month include internet, unit water, building insurance and professional mgmt, and an on site maintenance manager. Some photos show pre-IAN and others show a recent remodel of the same type of unit. ALL ASSESSMENTS PAID INCLUDING $87,909 which was paid May 30 2025.
MLS Number: 225039451
Updated: 394 Days ago
Page Views: 0

Features

Bedrooms
  • Bedrooms: 2
Bathrooms
  • Bathrooms: 2
  • Half Bathrooms: No info
Exterior and Lot Features
  • Exterior Features: Screened Lanai/Porch, Outdoor Shower
  • View: Gulf, Gulf and Bay
Interior, Heating and Cooling
  • Interior Features: Foyer
  • Equipment / Appliances: None
  • Heating Description: Central Electric
  • Cooling Description: Central Electric
Building and Construction
  • Floor Description: Tile
  • Windows/Treatment: No info
  • Construction Type: No info
  • Year Built: 1979
  • Style: High Rise (8+)
Waterfront and Water Access
  • Waterfront Frontage: Yes
School Information
    Other Property Info
    • Garage: No info
    • Pets Allowed: Limits
    Taxes, Fees & More
    • Maintenance Includes: Insurance, Internet/WiFi Access, Lawn/Land Maintenance, Legal/Accounting, Manager, Sewer, Trash Removal, Water
    • Taxes: 3012
    • Security Information: Gated Community
    • Parking Description: 1 Assigned, Guest
    • Total Floors in Building: 1
    • Total Units in Building: 46

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    Price History

    Current
    $810K
    High
    $899K
    Low
    $810K
    Total Change
    -9.9%
    $910K$855K$799KApr 25May 25May 25Aug 25
    Date
    Event
    Price
    Change
    Price Per
    08/22/2025
    Sold
    $810K
    0%
    $854 ft2
    $9,187 m2
    05/01/2025
    Price Reduced
    $810K
    -4.59%
    $854 ft2
    $9,187 m2
    05/01/2025
    Price Reduced
    $849K
    -5.56%
    $895 ft2
    $9,630 m2
    04/17/2025
    Listed
    $899K
     
    $947 ft2
    $10,197 m2
    08/22/2025
    $810K
    Event
    Sold
    Change
    0%
    Price Per
    $854 ft2
    $9,187 m2
    05/01/2025
    $810K
    Event
    Price Reduced
    Change
    -4.59%
    Price Per
    $854 ft2
    $9,187 m2
    05/01/2025
    $849K
    Event
    Price Reduced
    Change
    -5.56%
    Price Per
    $895 ft2
    $9,630 m2
    04/17/2025
    $899K
    Event
    Listed
    Price Per
    $947 ft2
    $10,197 m2
    Price per square foot and days on website are not provided values and are calculated by Subdivisions.
    Listed by Denise ChambreKeller Williams Realty Fort Myers and the Islands • Buyer Agency Compensation .

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    Scores

    Walk Score®
    Car-Dependent. Most errands require a car
    32

    100
    Bike Score®
    Bikeable. Some bike infrastructure
    58

    100
    Sound Score®
    Bearable noise
    82

    100
    Airport Score
    Close to airports. Noticeable airport activity
    0

    100
    Traffic Score
    Congested area. Frequent traffic delays
    26

    100
    Local Score
    Limited local amenities nearby
    0

    100
    Community Snapshot
    3 – 3 BR
    Bedrooms
    $2.2M – $2.2M
    Price Tier
    631 - 1,725
    SqFt Range
    1979
    Year Build
    1
    Total Floors

    Subdivision Amenities

    Beach Access
    Bike Storage
    Common Laundry
    Pool
    Private Membership
    Shuffleboard Court
    Sidewalk
    Streetlight
    Trash Chute
    Barbecue
    Beach - Private
    Beach Access
    Common Laundry

    Fort Myers Beach
    High-End
    High-End Homes & Condos