240 Tropical Shore Way
Fort Myers Beach, FL 33931
3 bd 3 ba 1,344 sqft Built 1987 Lot 7,701 sqft single_family
Most recent sale
$1,341,500
Apr 29, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 29, 2022 | Sold | $1,341,500 | MLS #222018417 |
| Mar 12, 2022 | Price changed | $1,499,000 | MLS #222018417 |
| Mar 11, 2022 | Listed | $1,150,000 | MLS #222018417 |
| Apr 4, 1997 | Sold | $225,000 | Public Record |
| Apr 19, 1991 | Sold | $185,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2023 | $10 | $473,566 | $473,576 | $6,840 |
| 2020 | $92,560 | $408,100 | $500,660 | $7,620 |
| 2019 | $151,493 | $408,100 | $559,593 | $8,539 |
| 2017 | $228,880 | $338,800 | $567,680 | $7,957 |
| 2016 | $216,190 | $338,800 | $554,990 | $7,651 |
| 2015 | $148,183 | $344,914 | $493,097 | $7,043 |
| 2014 | — | — | $446,198 | $6,470 |
| 2013 | — | — | $429,698 | $6,184 |
| 2012 | — | — | $295,258 | $4,747 |
| 2011 | — | — | $336,472 | $5,732 |
| 2010 | — | — | $392,791 | $6,617 |
| 2009 | — | — | $458,800 | $7,614 |
| 2008 | — | — | $507,800 | $7,828 |
Property facts
Year built
1987
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,344 sqft
Lot size
7,701 sqft
ZIP code
33931
City
Fort Myers Beach
Street
Tropical Shore Way
Coordinates
26.45251, -81.94191
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$8,049
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 240 Tropical Shore Way last sell?
240 Tropical Shore Way most recently sold on Apr 29, 2022 for $1,341,500.
What is the current tax assessment for 240 Tropical Shore Way?
The most recent total assessment for 240 Tropical Shore Way (year 2023) is $473,576 with $6,840 in property tax.
How does 240 Tropical Shore Way's assessment compare to its last sale price?
The current assessment is 64.7% below the last sale price of $1,341,500.
When was 240 Tropical Shore Way built?
240 Tropical Shore Way was built in 1987.
How does 240 Tropical Shore Way compare to others on Tropical Shore Way?
We track 8 other properties on Tropical Shore Way. Browse the list under "Other properties on Tropical Shore Way" to compare beds, baths, and sale history.
What are the property facts for 240 Tropical Shore Way?
240 Tropical Shore Way is a 3 bed, 3 bath, 1,344 sqft, 7,701 sqft lot single_family.
Is 240 Tropical Shore Way a flip candidate?
No — 240 Tropical Shore Way does not appear in our flips dataset.
Is 240 Tropical Shore Way a tax-appeal candidate?
No — 240 Tropical Shore Way is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-2.2%
Implied 1-yr
-8.6%
2026 Q3
$682.6K
2026 Q4
$665.5K
ZIP 33931 — Median Price History + Forecast
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