4551 Bay Beach LN, Fort Myers Beach, FL, 33931 | $585,900

Boating enthusiasts, it’s time to get excited! Direct Gulf access and maintenance-free living is found here! This is a tremendous opportunity to affordably own a 2nd floor, 2 bedroom, 2 bath condominium with 2 lanais and split-bedrooms on Fort Myers Beach. Hurricane protection includes impact glass (sliding doors) for lanais and hurricane shutters on exterior windows. Spectacular Gulf views with a private Boat Slip. The condo and boat slip (#49D) are being sold together. Boat slip is transferrable independently of condo after closing, if buyer so desires, to another resident of Royal Pelican. Exterior of building is being restored after Hurricane Ian and Seller has Paid special assessment in full. This property has it all! Sunbathe at either one of two community pools, walk or ride to the beach, or relax on one of your two private lanais and watch the boats, dolphins, manatees & soak up the beauty of SW Florida's coastal living. Professionally managed with on-site office hours. Amenities include clubhouse, private beach access, 2 pools, shuffleboard & a fishing pier. EBIA (Estero Bay Improvement Association) amenities are available to all residents to condo developments on Bay Beach Ln including Royal Pelican. EBIA amenities are now completed and open for enjoyment - including pickleball, tennis, bocce, walking path, & golf chipping and putting area. Boat ownership is part of a Cooperative with separate low fees. Once in a lifetime opportunity!

Features

  • Building Design: Mid Rise (4-7)
  • Heating: Central Electric
  • Cooling: Central Electric
  • Levels: 1
  • Amenities: BBQ - Picnic,Beach Access,Clubhouse,Community Pool,Community Room,Fishing Pier,Putting Green,Shuffleboard,Sidewalk,Tennis Court,Trash Chute,Vehicle Wash Area
  • Bedrooms: 2
  • Baths: 2 full
  • Complex: ROYAL PELICAN TOWNHOUSE
  • Development: ROYAL PELICAN TOWNHOUSE
  • Year Built: 1989
  • Approx Sq. Feet: 1,156
  • Est. Taxes: $5,282
  • Condo Fee: $3,100 Quarterly
  • Lot Desc: Zero Lot Line
  • View: Bay,Canal
  • Community Type: Boating
  • Water Front: Yes
  • Boat Access: Boat Slip,Dock Deeded
  • Pet Policy: Limits
  • MLS#: 225082848
  • Website: https://www.raveis.com
    /prop/225082848/4551baybeachln_fortmyersbeach_fl?source=qrflyer
Copyright © 2026  The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS organizations Copyright Southwest Florida MLS organizations. All rights reserved.
Courtesy of Premiere Plus Realty Co.

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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4551 Bay Beach LN, Fort Myers Beach, FL, 33931

$585,900

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $468,720 $468,720 $468,720
Term 360 months 360 months 180 months
Initial Interest Rate** 5.625% 5.990% 5.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.322% 6.156% 5.415%
Monthly Tax Payment $440 $440 $440
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,698 $2,807 $3,737
Total Monthly Payment $3,230 $3,339 $4,269

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.