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Fort Myers Beach Florida The Palms Of Bay Beach Condos Under Contract

Naples Florida Real Estate

The Palms Of Bay Beach Fort Myers Beach Real EstateThe Palms Of Bay Beach Fort Myers Beach

Condos For Sale6$450K - $729K
Sold ( Past 6 Months )4$499K - $695K
Last updated at 1:22am 06/05/2025

Pending with Contingencies
$519,900

MLS# 225020546

4203 Bay Beach Ln # 7, Fort Myers Beach, FL 33931

Condos - 1,029 ft² / 1,245 ft² - 1 Carport

2 Bed / 2 Baths

Built 1978

Rare to the market: Penthouse Condo With Expanded Lanai Welcome to PENTHOUSE perfection in this beautifully updated 2 bedroom, 2 bath penthouse condo boasting breathtaking Estero Bay views from the expansive screened lanai and panoramic sights of the Gulf of Mexico and Buccaneer Lagoon from the front. Inside, vibrant colors and diagonally placed tile flooring welcome you, highlighted by a stunning custom mosaic tile design at the entryway. The unit is being offered fully furnished with upscale décor—just bring your suitcase! (For those extra guests, that's a queen sleeper sofa in the living room!) There's no better place to enjoy the sparkling water views than from your spacious expanded screened lanai, which stretches the length of the unit. Only the penthouse units have this bonus feature! The sunny kitchen is a showstopper with granite countertops, soft-close cabinetry, a built-in wine cabinet, and a gorgeous wood-accented breakfast bar that must be seen to be appreciated. The spacious owner’s sanctuary offers direct access to the extended lanai—exclusive to penthouse units—and includes an en-suite bath and walk-in closet. Guests will love the bright and sunny southern exposure guest bedroom and the guest bath has been masterfully updated as well. Plantation shutters adorn most windows, and all windows and sliding doors are impact-resistant for peace of mind. Additionally, the south facing windows have electric shutters. A generously sized laundry room provides ample storage, and you'll enjoy the convenience of your under-building parking space. Located in the popular, south end Bay Beach community, The Palms amenities include resort-style pool, fitness room and a community social room. As a part of the Estero Bay Improvement Association (EBIA), residents also have access to a fishing pier, deeded beach access (with convenient parking area) and the Bay Beach Commons green space featuring pickleball courts, tennis courts, bocce ball courts, putting green, chipping green, driving cage and walking/biking paths. If you are a boater, there are boat docks available within the Bay Beach community available for purchase. From a Bay Beach dock, you could be boating in the open waters of the Gulf within approximately 15 minutes, or travel Estero Bay north for lunch at our numerous waterfront restaurants. Several marinas are nearby, offering boat rentals and dry stack storage. Nestled at the quiet south end of Fort Myers Beach, this community is within a short distance of the beach (and there is a convenient beach access parking lot) and shopping. Fort Myers, Bonita Springs, Estero and Naples are just a short drive away for more dining, shopping and entertainment options. Don’t miss this rare opportunity to own a slice of paradise with unmatched views and premium upgrades!

PROPERTY DETAILS:

Community Name: The Palms Of Bay Beach
Community Type: Boating
Amenities: Barbecue, Beach Access, Bike And Jog Path, Bike Storage, Bocce Court, Clubhouse, Park, Pool, Fitness Center, Fishing Pier, Pickleball, Putting Green, Shuffleboard Court, Sidewalk, Streetlight, Tennis Court(s), Trash Chute
Building Design: Traditional, Mid Rise (4-7)
Building Desc: Traditional
Living Area: 1,029 ft²
Total Area: 1,245 ft²
View: Bay, Lagoon, Landscaped Area, Partial Gulf, Water
Waterfront Desc: Bay, Seawall
Boat Access: Dock Lease, Dock Purchase
Unit Floor: 7
Total Floors: 7
Parking: 1 Assigned, Guest, Paved, Under Bldg Open, Attached Carport
Construction: Concrete Block, Stucco
Exterior Features: Dock Lease, Dock Purchase, Screened Lanai/Porch
Carport Spaces: 1
Roof: Built-Up
Private Pool: Community
Floor Description: Tile
Interior Features: Built-In Cabinets, Pantry, Smoke Detectors, Tray Ceiling(s), Walk-In Closet(s), Window Coverings
Pets: Limits
Units in Building: 56
On Site Since: 02/25/2025
Irrigation: Central
Water: Central
Equipment: Dishwasher, Disposal, Dryer, Range, Refrigerator/Icemaker, Smoke Detector, Washer
Floor Plan Type: Split Bedrooms
Furnished Desc: Turnkey
Maintenance: Cable, Insurance, Internet/WiFi Access, Irrigation Water, Lawn/Land Maintenance, Legal/Accounting, Pest Control Exterior, Reserve, Sewer, Trash Removal, Water
Min Days of Lease: 30
Leases Per Year: 12
Rear Exposure: N
Restrictions: Deeded, No Commercial
Lot Desc: Regular
Condo Fee: $3,100 Quarterly
Total Annual Recurring Fees: $12,400
Taxes: $3,681
Tax Year: 2024
Gulf Access Type: Bridge(s)/Water Indirect

THIS PROPERTY IS COURTESY OF:

Royal Shell Real Estate, Inc.

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Contact Us Looking to Sell Your Property? Contact our Area Specialist to get a free Comparative Market Analysis and maximize your property's exposure to thousand of potential buyers!

AREA SPECIALIST:


Oleg Mikhailov
Oleg Mikhailov

Area Specialist, REALTOR®
Broker Associate
GRI - Graduate Realtor Institute

Luxury of Naples Group at Premiere Plus Realty

Phone: (239) 280-1237

Websitehttps://www.realtyofnaples.com

Bio

Oleg Mikhailov has been a Naples resident since 1999 and is deeply familiar with the neighborhoods of Naples, Bonita Springs, and Marco Island. His extensive local knowledge allows him to expertly assist you in finding the perfect home for your family’s unique needs. With Oleg as your Real Estate Broker, you can trust that his dedication and expertise will make your experience seamless and enjoyable.

In addition to his real estate career, Oleg is an experienced engineer. This technical expertise enhances his ability to evaluate properties, providing valuable insights into a home’s structure and potential. His engineering background, combined with his work as a financial consultant for global real estate projects and business development programs, equips him with a rare skill set that ensures you’re getting the best advice and support in every transaction.

Outside of his professional career, Oleg was part of a professional auto racing team and has earned several international sports awards. His racing experience has honed his attention to detail and focus, qualities that translate directly to his work in real estate. His stress-free approach, paired with his guiding principle—a happy client is the most important thing—ensures that you’ll have a positive and rewarding experience.

Whether you’re buying or selling, Oleg Mikhailov is committed to making your real estate journey smooth, successful, and satisfying.

Broker Reciprocity LogoThis property is courtesy of Royal Shell Real Estate, Inc..

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