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168 Chapel Street

Fort Myers Beach, FL, 33931

Active

$4,499,000

5

Bedrooms

7

Bathrooms

3,751 sqft

Living Area

2026

Year Built

200

Days on Market

Dock & Water AccessMLS

CanalAccessAcrossTheRoadWaterFrontage

Data sources: SFWMD AHED waterway polygons · FHWA National Bridge Inventory 2024 · Not provided by the MLS or listing broker.

Description

Exceptional new construction offering panoramic canal views and positioned on a weekly rental street with strong income potential. This elevated three-level residence features 5 bedrooms and 7 bathrooms and is thoughtfully designed to accommodate up to 20 guests, making it one of the few homes of its kind on the island. The home offers a short walk to the beach, canal access, and an oversized lot, blending luxury coastal living with flexibility for use as a primary residence, second home, or short-term rental. Outdoor living is maximized with a private pool and spa, an expansive rear deck capturing canal breezes, a garage-level tiki bar, and a rooftop deck with sweeping sunrise-to-sunset views. Inside, the open-concept layout features custom furnishings, designer coastal finishes, and a spacious great room ideal for entertaining. The gourmet kitchen includes ample bar seating and flows seamlessly into a large dining area. The main living level offers a built-in bunk room with en-suite bath, while the upper level features four king bedrooms, each with its own private bathroom, providing comfort and privacy for guests. For buyers under contract early, there is potential flexibility to create a main-floor primary suite. Offered fully furnished and rental ready, including furnishings, games, golf cart, ice machine, and more. With strong rental performance in comparable markets, and potential 1031 exchange. This property represents a rare opportunity to own a high-performing island home with exceptional lifestyle appeal.

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Location

Fort Myers Beach, FL, 33931

No price history available for this property.

Displayed by Blue Mar Real Estate Group Inc., Licensed Florida Real Estate Broker (DBPR CQ1018554) · [email protected]

Listing courtesy of Premiere Plus Realty Company via Florida Gulf Coast MLS

Last checked: 5 hours ago

Listing updated: August 23, 2026

© 2026 Florida Gulf Coast Association of REALTORS®, Inc. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of the Florida Gulf Coast Association of REALTORS®. Information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

FEMA Flood Zone AE
BFE: 11ft

Special Flood Hazard Area

View FEMA Flood Map →

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Estimate your monthly payment for this waterfront property

20%

$899,800 down

%
Principal & Interest$23,344/mo
Property Tax (est. ~1.2%, varies by county)$4,499/mo
Home Insurance (est.)$250/mo
Total Monthly Payment$28,093
Loan Amount: $3,599,200Rate: 6.75%
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$4,499,000Tour the dockSchedule a Showing