Fort Myers Beach

On its way to becoming a true year-round vacation rental destination, Fort Myers Beach offers a steady stream of bookings and a range of real estate options for buyers willing to pay a little more for reliable returns.

Overview

Located on the Gulf of Mexico in southwest Florida, just 15 miles south of Fort Myers, Fort Myers Beach is a hotspot for windsurfing, parasailing, and kayaking, as well as sunbathing on the sugar-soft beach. Although this area used to be highly seasonal, its gorgeous sandy shores and Caribbean vibe now boom with families, couples, retirees, seasonal residents, and beach bums almost year-round, with bookings slowing only in the fall.


Insider tip

Real estate in Fort Myers Beach ranges from single-family beach cottages to high-rise oceanview condos. Investors wanting to buy a house should look bayside, while the large condo towers on the more expensive gulf-facing side of the island are a top choice for guests. Investors entering this area would do well to consider the south end of Fort Myers Beach, near Lovers Key (and the surrounding area), as well as Bonita Springs and Bonita Beach. Proximity to shopping is a big draw for guests here. If you go the condo route, double-check the HOA fee to make sure it doesn’t cut too deeply into your profits.

Learn more and compare Fort Myers Beach with other top markets in our insider's guide to the best places to buy a vacation rental. 


Market size

6,500+ rental units

Median annual rental revenue

$35,330

Median home price

$419,400

Cap rate

5.6%

*This document is for information and illustrative purposes only. It is not intended to provide “investment advice” or a “recommendation” regarding a course of action. The discussion is general in nature and has not taken into account your personal financial position or objectives. You should consult a licensed financial advisor or other professional to discuss your specific situation.

Estimated rental income figures and home sale prices are based on historical averages; for any specific property, the actual revenue, purchase price, and cap rate may differ materially from estimated amounts and depend on a wide range of factors outside Vacasa's knowledge or control, such as the property's condition, layout, and furnishings; expenses associated with the acquisition and ownership of the property (such as property taxes, utility fees, HOA fees, insurance fees, and mortgage-related expenses); rental calendar availability; existing and future regulations; current and future economic, social, and political trends and conditions; and weather and environmental factors. These estimates do not take into account the potential impact of state income taxes.

Vacasa makes no representations or warranties, express or implied, about the accuracy of this document. Furthermore, Vacasa has no obligation to update, modify or amend this document or to otherwise notify users in the event that any opinion, assumption, forecast or estimate set forth herein changes or subsequently becomes inaccurate. Therefore, you should not place undue reliance on statements in this document.