Sands REPM

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197 Madison CT, FORT MYERS BEACH

Single Family Residence

Active

$975,000

2

Beds

2

Baths

1,008

Sqft

Est. $5,689/mo · Get pre-qualified

Home Type: Single Family ResidenceYear Built: 1992Sqft: 1,008Price/Sqft: $967Lot Size: 0.088 acres

Welcome to your fully renovated coastal retreat, perfectly suited as both a vacation home and an exceptional investment opportunity with a very strong rental history. This spacious property comfortably sleeps up to 12 guests and is located in a highly desirable *WEEKLY RENTAL* community with private beach access. Thoughtfully updated throughout, the home features a brand-new kitchen with quartz countertops, new appliances, and beautifully remodeled bathrooms with tiled walk-in showers and frameless glass doors. Additional living space on the lower level offers a versatile bonus room, while the upper-level screened porch and lower-level lanai provide inviting outdoor spaces to relax and entertain. Major improvements completed in 2025 include a brand-new heated pool, new Hardie board siding, a new privacy fence, and a new lower-level HVAC system. The pool equipment has been elevated to help protect against flooding, and both the pool equipment and HVAC are backed by 5-year manufacturer warranties. This property has a proven history of strong weekly rental income and is being offered with the opportunity to convey existing reservations. Whether you’re looking for a personal beach getaway or an income-producing property, this home offers the perfect combination of modern updates, coastal charm, and outstanding rental potential.

60 days on market · Listing updated July 7, 2026

Location

Facts & Features

Interior Features:
Den - Study, Guest Bath
Appliances:
Electric Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
Flooring:
Tile
Laundry:
Inside
Primary Bathroom:
Dual Sinks, Shower Only
Kitchen:
Kitchen Island
Dining Room:
Breakfast Bar, Eat-in Kitchen
Heating:
Central Electric
Cooling:
Ceiling Fan(s), Central Electric
Utilities:
Cable Available
Sewer:
Central
Water Source:
Central
Security:
Smoke Detector(s), Smoke Detectors
Exterior Features:
Screened Balcony, Outdoor Shower
Construction:
Elevated, Wood Frame, Stucco
Roof:
Metal, Shingle
Patio / Porch:
Patio
Fencing:
Fenced
View:
None/Other
Waterfront:
None
Direction Faces:
Southeast
Lot Features:
Regular
Irrigation:
None
Parking:
2+ Spaces, Driveway Paved
Pool:
In Ground, Concrete
Windows:
Double Hung
Community Features:
Beach Access, Boating, No Subdivision
Subdivision:
EUCALYPTUS PARK
Zoning:
TFC2
Annual Taxes:
$7,645
Pets Allowed:
No Approval Needed
Furnished:
Negotiable
Possession:
See Remarks, Subject To Tenant Rights
Listing Terms:
Buyer Finance/Cash, FHA, VA Loan

Price History

DateEventPrice
Jun 30, 2026Original list price$975,000

Reflects listing data on file, not a complete transaction history.

Listed by Jorge Barrera, Premiere Plus Realty Company

$975,000

197 Madison CT, FORT MYERS BEACH

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$5,689

est. monthly payment

Estimate only — actual payment depends on your lender, credit profile, and final loan terms.

The data relating to real estate for sale displayed on this Website comes in part from the Multiple Listing Service of the Bonita Springs-Estero Association of REALTORS®, Inc., under License No. BK3468074. Properties displayed on this Website include properties listed with brokerage firms other than Sands Real Estate & Property Management. Detailed information about such properties includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties listed with brokerage firms participating in the Bonita Springs-Estero Association of REALTORS® Multiple Listing Service, or contained in the database compilation of the Bonita Springs-Estero Association of REALTORS® Multiple Listing Service.