Florida
Fort Myers Beach
131 Bay Mar Drive DR

$990,000

131 Bay Mar Drive DR, Fort Myers Beach, FL 33931

3 beds |
4 baths |
2,644 sqft

Single-Family Home
Built in 1973
7,492sqft lot
2 car garage
$374/sqft
Listed 4 days ago

Property Description

Coastal Living Meets High Income Gross Income Potential – 131 Bay Mar Drive, Fort Myers Beach, FL Welcome to your slice of paradise on Fort Myers Beach! Ideally located mid-island on the serene and sought-after Bay Mar Drive, this versatile 3-bedroom, 4-bath home offers the ultimate beach lifestyle with a short walk to the white sands via nearby Hercules Drive beach access. Whether you’re looking for a full-time residence, vacation retreat, or income-producing property, this home delivers. The grandfathered legal non-conforming ground floor apartment provides a rare opportunity for rental income or multigenerational living. The 800 sq. ft. apartment features epoxy floors, kitchenette and its own separate entrance. Upstairs, enjoy a spacious open layout featuring new carpet, fresh paint, and a new 2023 roof for peace of mind. Step outside to soak in the Florida sunshine with a private pool and spa, expansive wrap-around balcony, and a rooftop deck perfect for entertaining or stargazing. This mid-island gem offers the best of both worlds—just 2 miles south of the new Margaritaville Resort and the lively downtown scene. A short walk to your Deeded Beach Access at Anchorage St. or park nearby at Hercules Dr. For a change of pace enjoy a leisurely drive south to eclectic Bonita Springs or upscale Naples for world-class dining, shopping, and entertainment. Now is your chance to be a part of the rebuild and renaissance of Fort Myers Beach—where opportunity meets tropical tranquility. Don’t miss this rare offering. Paradise is calling

Listing Status:: Active
Date Added:: June 21, 2025 at 05:00AM
Listing Office:: Premiere Plus Realty Company : (239) 732-7837
MLS ID:: 225055507

General: PantrySmoke Detectors
Appliances: Electric CooktopDishwasherDisposalDryerMicrowaveRangeRefrigerator/FreezerWasher
Dining: Breakfast BarDining - Family
Laundry: Washer/Dryer HookupLaundry in Residence
Flooring: Carpet
A/C: Ceiling Fan(s)Central Electric
Heating: Central Electric

This listing courtesy of Premiere Plus Realty Company

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

Fort Myers Beach Elementary School

2751 Oak St, Fort Myers Beach, FL, 33931

Grades KG-5

0.87 miles away

Lexington Middle School

16351 Summerlin Rd, Fort Myers, FL, 33908

Grades 6-8

3.92 miles away

Island Park High School

16520 S Tamiami Trl Ste 190, Fort Myers, FL, 33908

Grades 9-12

5.93 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.