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What’s Your Captains Bay Home Worth?

What’s Your Captains Bay Home Worth?

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By Jesse McGreevy and Marc Comisar, McGreevy and Comisar, Domain Realty Group. Updated October 2026. More about Jesse McGreevy, Marc Comisar and our team on the McGreevy and Comisar about page.

What is your Captains Bay condo worth? This is McGreevy and Comisar’s valuation guide for the owners of the 93 condominiums of Captains Bay, three chapter 718 condominiums (Captains Bay South, North One and North Two) on Island Pines Way and Estero Boulevard inside the Bay Beach area of Fort Myers Beach, Florida. By the Lee County Property Appraiser’s taxing district, every Captains Bay parcel belongs to the Town of Fort Myers Beach on Estero Island, not to unincorporated Lee County. The page is built from Southwest Florida MLS closings and the county’s recorded sales, read floor plan by floor plan and date by date, and it keeps the two records apart. If you are deciding whether to sell, read it beside our guide to selling your Captains Bay condo; if you are also buying, read buying a home in Fort Myers Beach.

Here is the short answer. The Southwest Florida MLS recorded 11 Captains Bay closings in the 36 months to October 7, 2026, at a median of $475,000, from $315,000 to $615,000. That three-year median is not today’s price: the four closings of the last 12 months sold from $315,000 to $375,000, and all four were two-bedroom condos of 1,073 square feet on Island Pines Way. The county and the state spell the name Captain’s Bay; this is the Captains Bay in ZIP 33931, not a same-named place elsewhere in Florida. Our office is on South Tamiami Trail in Bonita Springs, and McGreevy and Comisar have been Top 1% Real Estate Agents Nationally Since 2008.

What Is My Captains Bay Condo in Fort Myers Beach Worth in 2026?

A Captains Bay condo in Fort Myers Beach is worth what the newest closings of its own floor plan brought, adjusted for condition, level, fees and insurance cost. The Southwest Florida MLS shows 11 closings in 36 months at a $475,000 median, and the four closings of the last 12 months sold from $315,000 to $375,000.

Data updated: October 2026 (Southwest Florida MLS closings through October 7, 2026; Lee County Property Appraiser roll file October 4, 2026)

The four Southwest Florida MLS windows

We pulled every closing the Southwest Florida MLS files under Captains Bay South and Captains Bay North, in four windows counted back from October 7, 2026, and matched each one to the county roll by street address. The first window with 10 or more closings leads, which here is 36 months with 11 closings. The two shorter windows carry a range and a full list of their closings below, not a median.

Window Closings Median sold price Range Median price per sq ft Median days on market Median sale-to-final-list
12 months 4 under 10 closings, listed below $315,000 to $375,000 listed below listed below listed below
24 months 6 under 10 closings, listed below $315,000 to $514,000 listed below listed below listed below
36 months (leads) 11 $475,000 $315,000 to $615,000 $383 88 93.8%
60 months 13 $475,000 $315,000 to $615,000 $434 42 93.8%

None of the 13 closings is a Sold Data Entry sale, which is a sale entered into the MLS after the fact, so the days on market and sale-to-list figures cover all of them.

What the last 12 months look like

Four Captains Bay condos closed through the Southwest Florida MLS in the 12 months to October 7, 2026: $315,000 in November 2025, $375,000 in January 2026 and $350,000 in both June and July 2026. All four are the 1,073 square foot two-bedroom, two-bath plan in the Captains Bay South buildings, and each appears in the full list of closings below.

The median of these 4 closings is $350,000, and the four sold for 87.7 to 96.9 percent of their final list prices. Two sold within 22 days and two took 229 and 586 days. A fifth closing sits just outside the window: a 1,095 square foot two-bedroom at 22748 Island Pines Way that closed for $340,000 on September 9, 2025.

Two groups of dates, one floor plan

The 11 closings of the last 36 months fall into two groups. Six closed between April 2024 and February 2025, from $475,000 to $615,000, and the median of these 6 closings is $504,500. Five closed between September 2025 and July 2026, from $315,000 to $375,000, and the median of these 5 closings is $350,000. The $475,000 median of the full window sits between the two groups and describes neither.

We draw no trend from groups this small, and the mix differs: the earlier group includes both Estero Boulevard sales and two three-bedroom plans, while all five later closings are two-bedrooms on Island Pines Way. What the record does show is the same 1,073 square foot plan closing at $600,000 in April 2024 and at $315,000 in November 2025. That is why a Captains Bay valuation starts from the date and the plan, not from the median.

Key Takeaways

These are the eight facts about Captains Bay condo values in Fort Myers Beach that matter most in October 2026, each drawn from the Southwest Florida MLS closings pulled on October 7, 2026 or from the Lee County Property Appraiser’s roll and qualified sales.

  • 11 MLS closings in 36 months at a $475,000 median, from $315,000 to $615,000.
  • The last 12 months are lower. Four closings from $315,000 to $375,000, all the 1,073 square foot two-bedroom plan; the median of these 4 closings is $350,000.
  • One plan dominates the record. The 1,073 square foot plan is 50 of the 93 condos and 8 of the 13 closings in 60 months, from $315,000 to $600,000.
  • The county series is separate. 15 qualified sales in 36 months at a $475,000 median, including four sales that never appeared in the MLS.
  • Three asking prices sit above the newest sales. The three active listings on October 7, 2026 ask $405,000 to $469,000, and one has been listed 605 days.
  • Just value is a tax figure. The median for the 93 unit parcels is $323,003, and it ran from 59 to 101 percent of price on 15 qualified sales.
  • Fee entries are unverified. Listing agents entered $6,096 to $10,644 a year on the 13 closings, a median of $9,948.
  • Flood is in every offer. The FEMA flood map indicates Zone AE at 11 feet at the five Island Pines Way points we tested.

Table of Contents

This guide to Captains Bay condo values runs from the short answer and our method through the sales record, the fee and insurance picture, a comparison with Royal Pelican and the rest of Fort Myers Beach, a net sheet and the questions owners ask most.

The Value and the Method: What Is My Captains Bay Condo in Fort Myers Beach Worth in 2026? · Why Value Your Captains Bay Condo With McGreevy and Comisar? · Get Your Free Captains Bay Home Valuation in 60 Seconds · Why Does an Online Estimate Miss Captains Bay Values in Fort Myers Beach? · How Do We Value a Captains Bay Condo in Fort Myers Beach?

The Record: What Did Captains Bay Homes in Fort Myers Beach Sell For in the Last Five Years? · What Is a Captains Bay Condo in Fort Myers Beach Worth by Building, Floor, Size and Position? · Are Captains Bay Condo Values in Fort Myers Beach Rising or Falling? · One Captains Bay Condo’s Public Record · What Moves a Captains Bay Condo’s Value Up or Down? · How Do Fees, Reserves, Assessments and Insurance Affect Captains Bay Condo Value? · Is the Property Appraiser’s Just Value What a Captains Bay Condo Will Sell For?

Comparisons: Captains Bay vs Royal Pelican: How Do the Records Compare? · How Do Captains Bay Values Compare With the Rest of Fort Myers Beach?

Next Steps: What Will You Net When You Sell Your Captains Bay Condo in Fort Myers Beach? · Want a Free In-Person Captains Bay Condo CMA? · What We Could Not Verify

Answers and Local Expertise: Frequently Asked Questions, Captains Bay Home Value Edition · What Captains Bay Condo Owners Say About Working With Us · Why Does a Fort Myers Beach Specialist Matter When You Value Your Home? · Thinking of Selling Your Captains Bay Condo? Start With the Right Number · Your Local Real Estate Experts · Sources and Authoritative References · Downloadable Documents

Why Value Your Captains Bay Condo With McGreevy and Comisar?

McGreevy and Comisar value Captains Bay condos from the closings of Captains Bay itself, by floor plan, building group and date, not from a Fort Myers Beach or ZIP-code average. We are a two-partner team, Top 1% Real Estate Agents Nationally Since 2008, and before we give a number we read the MLS, the county record and the flood map.

With our Domain Realty Group team we have sold over $2.5 billion in real estate, and McGreevy and Comisar alone over $900 million. In the 2026 RealTrends Verified rankings (Large Team category, 2025 sales data) McGreevy and Comisar recorded 241 transaction sides and $157.57 million in volume, fifth in Florida by sides, eleventh by volume and first in Bonita Springs. Before you interview agents, read our comparison of the best real estate agents in Fort Myers Beach, and read more about McGreevy and Comisar.

Honors and recognition:

  • Top 1% Real Estate Agents Nationally Since 2008
  • 5 Star Award for Customer Satisfaction for 21 Straight Years. Only 5 out of 21k+ Licensees (Gulfshore Life Magazine)
  • #1 Team in Southwest Florida since 2012
  • McGreevy and Comisar and their Domain Realty Group team have sold over $2.5 Billion in Real Estate
  • McGreevy and Comisar alone have over $900 million in Sales
  • Nationally Recognized Top Producing Realtors
  • Platinum Sales Production Award Winners

Talk to Jesse Before You Price Your Captains Bay Condo

Call Jesse direct at (239) 898-6072 and we will read your floor plan’s closings with you, or see how selling your Captains Bay condo works once you have the number. Thinking of buying the next place first? Call Marc at (239) 287-5873 or see how we help buyers on the Gulf coast. Our case rests on the public record we read for you and our results across Southwest Florida.

Get Your Free Captains Bay Home Valuation in 60 Seconds

To get a free Captains Bay condo valuation, enter your details in the valuation form on this page or call Jesse direct at (239) 898-6072. We reply the same day with a value range built from the closings of your floor plan and building group, then confirm it with a short in-person walk-through if you want one.

What we send you, and what we need

You receive a range, the closings we used with dates, street numbers, sizes and prices, the county sales the MLS never carried, and our adjustments. We need your street number (it tells us whether you are in South, North One or North Two), your bedroom count, your level, any renovation with its permit dates, and your latest association statement.

Why Does an Online Estimate Miss Captains Bay Values in Fort Myers Beach?

An online estimate misses Captains Bay values because a model blends three years of sales that fall into two price groups, treats three separate condominiums on two streets as one building, cannot see four county sales the MLS never carried, and never reads a level, a renovation or a fee statement. Treat any automated estimate as a starting question.

Three years of sales do not describe one year

A model that averages the 36-month record lands near $475,000. No Captains Bay condo has closed through the MLS above $375,000 since February 2025, and none closed below $475,000 before that. An average of two groups is a price at which nothing sold.

One name, three condominiums, two streets

Captains Bay South is 75 condos in five buildings on Island Pines Way. North One is a three-condo, two-story building at 6661 Estero Boulevard, and North Two is 15 condos at 6691 Estero Boulevard. Each has its own association and declaration, and the MLS files the two North condominiums under one label.

Two size measures, and four sales the MLS never saw

The county’s heated area and the MLS living area are different measures. One condo at 22748 Island Pines Way closed in May 2023 with 1,059 square feet of MLS living area, while the county roll gives the same condo 1,073 square feet of heated area. We never mix the two in one ratio. The county also recorded four qualified sales in the last 36 months that have no MLS closing, at $400,000, $430,000, $500,000 and $605,000, two of them in 2026.

A listing that has waited 605 days

On October 7, 2026 a 1,073 square foot condo at 22724 Island Pines Way was listed at $405,000 and had been on the market 605 days. The last four closings of that plan were $315,000 to $375,000. A model that weights asking prices reads that listing as support for a number the closings do not show.

How Do We Value a Captains Bay Condo in Fort Myers Beach?

We value a Captains Bay condo in four steps: choose the closings of its own floor plan and building group, weight them by date, adjust for level, condition, fees and flood-insurance cost, and test the result against what is for sale this week. The range starts from the closings and county records on this page.

Step one: the right comparables, from the right dates

We start with the first window that holds 10 closings, which for Captains Bay is 36 months and 11 closings. Because those 11 fall into two price groups, we lead with the newest group and use the older one only to check adjustments. Where a set is smaller than 10 we list the closings and write a median only as the median of these closings.

Step two: adjust for what Captains Bay buyers pay for

Buyers here pay for a floor plan, for condition, for documents that are in order and for a level and outlook they like, and they discount for a higher yearly cost. The record shows what a plan and a date are worth. It does not show what a level or a view adds, because the listing entries do not state them.

Step three: the date

The 12-month blocks of the last five years hold 4, 2, 5, 2 and 0 closings, too few to date a price by one block. We weight the closings of the last 13 months most heavily and read them against the county’s qualified sales for the same months.

Step four: the competition this week

On October 7, 2026 the Southwest Florida MLS showed 3 active Captains Bay listings and none pending, at $405,000, $439,900 and $469,000. A re-check of the MLS on October 29, 2026 found a fourth listing, a 1,239 square foot three-bedroom at 22736 Island Pines Way asking $459,000, the other three at unchanged prices, still none pending and no closing since October 7. Asking prices are not sold prices, but they are what your buyer is comparing. Request your free valuation with the valuation form, or read our guide to selling a Captains Bay condo.

A worked example: the 1,073 square foot plan

Fifty of the 93 Captains Bay condos are the 1,073 square foot two-bedroom, two-bath plan, ten in each South building, and it is the best like-for-like set the record holds. The level is read from the county roll’s unit label, which this page does not print.

Closed Street address Level Sold price Final list price Days on market Price per sq ft
2023-04-18 22724 Island Pines Way 2 $585,000 $649,900 37 $545
2023-05-03 22748 Island Pines Way 4 $475,000 $475,000 4 $449
2024-04-03 22736 Island Pines Way 1 $480,000 $499,000 22 $447
2024-04-29 22712 Island Pines Way 2 $600,000 $599,900 42 $559
2025-11-24 22712 Island Pines Way 3 $315,000 $325,000 4 $294
2026-01-22 22724 Island Pines Way 4 $375,000 $399,900 22 $349
2026-06-30 22736 Island Pines Way 2 $350,000 $389,999 229 $326
2026-07-31 22700 Island Pines Way 5 $350,000 $399,000 586 $326

The median of these 8 closings is $425,000, but the set is really two sets: four closings in 2023 and 2024 from $475,000 to $600,000, and four since November 2025 from $315,000 to $375,000. The May 2023 row’s price per square foot uses its 1,059 square feet of MLS living area. The county file adds one more sale of this plan that the MLS does not have, $430,000 at 22748 Island Pines Way on May 19, 2026. So the five most recent sales of the plan, across both records, run $315,000, $375,000, $430,000, $350,000 and $350,000. A valuation of a 1,073 square foot condo today starts inside that span, and condition and level decide where.

What Did Captains Bay Homes in Fort Myers Beach Sell For in the Last Five Years?

In the last five years the Southwest Florida MLS recorded 13 Captains Bay closings in Fort Myers Beach at a median of $475,000, from $315,000 to $615,000, the first of them on April 18, 2023. The Lee County record adds 17 qualified sales in the same 60 months. Every MLS closing is listed below.

Data updated: October 2026 (Southwest Florida MLS closings through October 7, 2026; Lee County Property Appraiser roll file October 4, 2026)

Every Captains Bay closing in 60 months, newest first

These are all 13 closings, as the Southwest Florida MLS recorded them on the October 7, 2026 pull. The first 11 are the 36-month window that leads. Street address only; this page never prints a unit number.

Closed Street address Sold price Final list price Living area, sq ft Price per sq ft Days on market Sale as share of final list
2026-07-31 22700 Island Pines Way $350,000 $399,000 1,073 $326 586 87.7%
2026-06-30 22736 Island Pines Way $350,000 $389,999 1,073 $326 229 89.7%
2026-01-22 22724 Island Pines Way $375,000 $399,900 1,073 $349 22 93.8%
2025-11-24 22712 Island Pines Way $315,000 $325,000 1,073 $294 4 96.9%
2025-09-09 22748 Island Pines Way $340,000 $375,000 1,095 $311 90 90.7%
2025-02-07 6661 Estero Blvd $514,000 $549,000 1,183 $434 111 93.6%
2024-08-06 6691 Estero Blvd $495,000 $529,000 1,059 $467 88 93.6%
2024-05-30 22724 Island Pines Way $615,000 $629,900 1,239 $496 7 97.6%
2024-05-06 22724 Island Pines Way $475,000 $495,000 1,239 $383 106 96.0%
2024-04-29 22712 Island Pines Way $600,000 $599,900 1,073 $559 42 100.0%
2024-04-03 22736 Island Pines Way $480,000 $499,000 1,073 $447 22 96.2%
2023-05-03 22748 Island Pines Way $475,000 $475,000 1,059 $449 4 100.0%
2023-04-18 22724 Island Pines Way $585,000 $649,900 1,073 $545 37 90.0%

What the list shows, without calling it a trend

We tracked every one of the 13 Captains Bay closings in the Southwest Florida MLS before writing a sentence about them. Four things stand out. Only 2 of the 13 closed at or above the final list price, and the 13 ran from 87.7 to 100.0 percent of it. Five closed within 30 days and four took more than 100, from 4 days to 586. Eleven of the 13 are in the five South buildings and each Estero Boulevard building has one. And the MLS holds no Captains Bay closing at all between October 8, 2021 and April 17, 2023, a stretch that includes Hurricane Ian.

What the Lee County record shows

The Lee County Property Appraiser’s qualified sales are a separate series from the MLS figures and are never averaged with them. The county counts only sales it codes as qualified arm’s-length transfers of improved parcels, matched by the Captain’s Bay legal descriptions, and its dates are recording dates.

Window Qualified sales Median price Range
12 months 6 $362,500, the median of these 6 sales $315,000 to $500,000
24 months 9 $375,000, the median of these 9 sales $315,000 to $508,000
36 months (leads) 15 $475,000 $315,000 to $615,000
60 months 17 $475,000 $315,000 to $615,000

All 11 MLS closings of the 36-month window match a county record at the same street number. Four county-qualified sales have no MLS closing: $430,000 at 22748 Island Pines Way on May 19, 2026, $500,000 at 6691 Estero Boulevard on March 31, 2026, $400,000 at 22700 Island Pines Way on August 15, 2025 and $605,000 at 6661 Estero Boulevard on April 3, 2024. We do not know why; a sale can be handled outside the MLS. One matched pair differs in price: at 6661 Estero Boulevard on February 7, 2025 the deed shows $508,000 and the MLS reported $514,000.

What Is a Captains Bay Condo in Fort Myers Beach Worth by Building, Floor, Size and Position?

The Captains Bay condo record in Fort Myers Beach can be split by floor plan and size, but not by building, level or view. Eight of the 13 MLS closings in 60 months are one 1,073 square foot plan, and no other plan has more than two. The tables below list what each plan sold for.

Data updated: October 2026 (Southwest Florida MLS closings through October 7, 2026; Lee County Property Appraiser roll file October 4, 2026)

By floor plan and size

The county roll’s heated areas sort the 93 condos into seven plans. Each row lists the MLS closings of the last 60 months and the county-qualified sales of the last 36 in separate columns, with the roll’s just value beside them.

Plan (county heated area) Condos on the roll Where MLS closings, 60 months County-qualified sales, 36 months Just value on the roll
1,073 sq ft, 2 bed, 2 bath 50 South, ten in each building 8, from $315,000 to $600,000 7, from $315,000 to $600,000 $309,352 to $356,481, median $321,459
1,239 sq ft, 3 bed, 2 bath 20 South, four in each building 2: $475,000 and $615,000, both May 2024 3: $400,000, $475,000, $615,000 $336,411 to $372,246, median $351,281
1,095 sq ft, 2 bed, 2 bath 5 South, one in each building, level 1 1: $340,000, September 2025 1: $340,000 $256,452 to $280,180
1,059 sq ft, 2 bed, 2 bath 10 North Two, 6691 Estero Blvd 1: $495,000, August 2024 2: $495,000 and $500,000 $304,801 to $336,411, median $304,801
1,230 sq ft, 2 bed, 2 bath 5 North Two, 6691 Estero Blvd None None $337,793 to $340,961
1,183 sq ft, 2 bed, 2 bath 2 North One, 6661 Estero Blvd 1: $514,000, February 2025 (deed $508,000) 2: $508,000 and $605,000 $375,009 and $413,932
1,352 sq ft, 3 bed, 2 bath 1 North One, 6661 Estero Blvd None None $396,752

Two readings are safe. The three-bedroom 1,239 square foot plan has three recorded sales in 36 months, spanning $400,000 to $615,000 across 15 months. And the Estero Boulevard condos have four county-qualified sales in 36 months, every one from $495,000 to $605,000, including a $500,000 sale at 6691 Estero Boulevard in March 2026, a year in which every South closing in the MLS was at $375,000 or below. Four sales cannot price a building group, but they are a reason not to value a North condo from South closings.

By building

Five South buildings of 15 condos each carry the same plan mix, which is why building matters less here than plan. The county’s year built is 1995 for 22736 and 22748 Island Pines Way and 1997 for 22700, 22712 and 22724; North One is 1994 and North Two 1997. In 60 months 22724 Island Pines Way has four MLS closings, 22712, 22736 and 22748 two each, and 22700 and the two Estero Boulevard buildings one each.

One to four closings per building support no building median and no building premium, and we publish neither. The roll’s median just values for the five South buildings run from $310,814 at 22700 to $323,003 at 22712 and 22724, within about $12,000 of each other.

By floor

The roll’s unit labels give a level from 1 to 5 in the South buildings, and the worked example above lists the eight 1,073 square foot closings with their levels. Level 2 holds both the highest price in the set, $600,000 in April 2024, and one of the lowest, $350,000 in June 2026, so in this record the date outweighs the level. The roll agrees that level is a small factor: the median just value of the ten 1,073 square foot condos on each level runs only from $317,884 on level 3 to $324,059 on level 5. Eight closings over five levels support no level premium, and we quote none.

By position and view

No Captains Bay building is Gulf-front. The roll flags the land under the 75 South unit parcels as on a lake and gives the 18 Estero Boulevard unit parcels no water flag, and it shows a pool on all 93 unit parcels, no boat dock and no seawall. A lake flag is not a view. The listing entries do not state an outlook, so we cannot split the record by view, and we adjust for it only after seeing the condo.

What is on the market against you today

Three Captains Bay condos were active on October 7, 2026, all on Island Pines Way, and none was pending.

Street address List price Living area, sq ft Bedrooms Asking price per sq ft Days on market
22736 Island Pines Way $469,000 1,239 3 $379 19
22748 Island Pines Way $439,900 1,239 3 $355 158
22724 Island Pines Way $405,000 1,073 2 $377 605

The 1,073 square foot listing asks $377 per square foot against $294 to $349 on the four closings of that plan in the last 12 months. The two three-bedroom listings ask $355 and $379 per square foot; the newest recorded sale of that plan is the county’s $400,000 in August 2025, which is $323 per heated square foot. Three listings against 4 closings in 12 months is 9.0 months of supply (4 closings a year is one third of a closing a month, and 3 divided by one third is 9). The fourth listing found on October 29, 2026 asks $370 per square foot and makes it 4 listings, or 12.0 months. That rests on small counts and is no forecast.

Are Captains Bay Condo Values in Fort Myers Beach Rising or Falling?

The Captains Bay condo record does not support a trend claim. Its 12-month blocks hold 4, 2, 5, 2 and 0 Southwest Florida MLS closings, every block under 10. What the list shows is two price groups: $475,000 to $615,000 through February 2025, and $315,000 to $375,000 from September 2025 through July 2026.

Data updated: October 2026 (Southwest Florida MLS closings through October 7, 2026; Lee County Property Appraiser roll file October 4, 2026)

Five 12-month blocks of MLS closings

No 12-month block reaches 10 closings, so the table gives counts and ranges and no medians.

12-month block Closings Sold prices Price per sq ft Days on market
Oct 8, 2025 to Oct 7, 2026 4 $315,000 to $375,000 $294 to $349 4 to 586
Oct 8, 2024 to Oct 7, 2025 2 $340,000 and $514,000 $311 and $434 90 and 111
Oct 8, 2023 to Oct 7, 2024 5 $475,000 to $615,000 $383 to $559 7 to 106
Oct 8, 2022 to Oct 7, 2023 2 $475,000 and $585,000 $449 and $545 4 and 37
Oct 8, 2021 to Oct 7, 2022 0 No closing recorded n/a n/a

The second block is the hinge: a $514,000 sale in February 2025 and a $340,000 sale in September 2025. They are different plans in different condominiums, so the pair marks where the two groups meet and measures nothing.

The county’s calendar-year record since 2013

The county’s qualified sales give a longer view, counted by calendar year and never averaged with the MLS. Only 2013 reaches 10 sales, and its median was $260,000.

Calendar year (to Oct 4, 2026 for 2026) County-qualified sales Range
2013 10 $213,000 to $302,000
2014 7 $225,000 to $345,000
2015 4 $282,000 to $312,000
2016 5 $285,000 to $325,000
2017 2 $307,000 and $315,000
2018 5 $305,000 to $360,000
2019 5 $336,000 to $420,000
2020 7 $330,000 to $380,000
2021 4 $340,000 to $393,000
2022 0 No qualified sale in the file
2023 2 $475,000 and $585,000
2024 6 $475,000 to $615,000
2025 4 $315,000 to $508,000
2026 5 $350,000 to $500,000

Read as ranges, the file shows no qualified sale above $420,000 from 2013 through 2021, none below $475,000 in 2023 and 2024, and a 2025 and 2026 that span from $315,000 to $508,000. The file holds no sale dated 2022, and the MLS shows none that year either. We treat the empty year as an empty row, not as a finding about demand.

Did the same condo sell for more the second time?

The same condo sold twice holds plan, building and level constant. Ten Captains Bay condos resold in the last 60 months with an earlier qualified sale in the county file.

Resale recorded Street address Plan, heated sq ft Earlier sale Earlier price Resale price Change Years between
2026-03-31 6691 Estero Blvd 1,059 2014-03-28 $345,000 $500,000 +44.9% 12.0
2026-01-06 22724 Island Pines Way 1,073 2013-09-06 $302,000 $375,000 +24.2% 12.3
2025-09-09 22748 Island Pines Way 1,095 2014-05-06 $225,000 $340,000 +51.1% 11.3
2025-08-15 22700 Island Pines Way 1,239 2006-03-22 $630,000 $400,000 -36.5% 19.4
2025-02-07 6661 Estero Blvd 1,183 2019-08-21 $420,000 $508,000 +21.0% 5.5
2024-04-29 22712 Island Pines Way 1,073 2005-04-14 $350,000 $600,000 +71.4% 19.0
2024-04-03 6661 Estero Blvd 1,183 2015-10-08 $282,000 $605,000 +114.5% 8.5
2024-03-13 22736 Island Pines Way 1,073 2016-11-29 $309,000 $480,000 +55.3% 7.3
2023-05-01 22748 Island Pines Way 1,073 2017-04-27 $307,000 $475,000 +54.7% 6.0
2023-04-18 22724 Island Pines Way 1,073 2020-12-31 $350,000 $585,000 +67.1% 2.3

Nine of the 10 sold higher and one sold lower, with a median change of +52.9 percent over a median of 9.9 years between sales. The one decline is a three-bedroom bought for $630,000 in March 2006 and resold for $400,000 in August 2025. Across the whole file, which reaches back to 2000 with thinner coverage before 2009, there are 51 such pairs: 42 sold higher and 9 lower, and 8 of the 9 declines were resales recorded between 2009 and 2014. The pairs include only condos that changed hands twice, and the file does not say what an owner renovated between sales. A repeat sale is not an index.

One Captains Bay Condo’s Public Record

One Captains Bay South condo at 22736 Island Pines Way, a 1,073 square foot two-bedroom, has four qualified sales in the Lee County file: $200,000 in 2001, $240,000 in 2012, $309,000 in 2016 and $480,000 in 2024. It is a public-record example drawn from the county file, and it shows how one condo’s price moved between owners.

Data updated: October 2026 (Southwest Florida MLS closings through October 7, 2026; Lee County Property Appraiser roll file October 4, 2026)

The four recorded sales

It is one of only two Captains Bay condos with four qualified sales in the file. The address is the building’s street number only.

Recorded sale date Price Change from the previous sale Years since the previous sale
2001-11-08 $200,000 First sale in the file n/a
2012-05-14 $240,000 +20.0% 10.5
2016-11-29 $309,000 +28.8% 4.5
2024-03-13 $480,000 +55.3% 7.3

What each step tells you

The first step was 20.0 percent over 10.5 years, the second 28.8 percent over 4.5 years and the third 55.3 percent over 7.3 years that include Hurricane Ian. End to end the price rose 140.0 percent over 22.3 years. The Southwest Florida MLS carries the last sale too: listed at a final price of $499,000, closed at $480,000 after 22 days on market, 96.2 percent of list. The MLS dates the closing April 3, 2024 and the county dates its record March 13, 2024, one reason we never merge the two.

The county’s just value for this condo is $341,449, about 71 percent of its 2024 price and the highest just value among the ten 1,073 square foot condos in its building, whose other nine run from $309,352 to $325,197. The roll values this condo above its twins, and the record does not say why.

What the chain cannot tell you

A chain does not show a renovation, a seller concession or the next sale. The $480,000 sale belongs to the earlier of the two price groups, and four closings of the same plan since November 2025 were $315,000 to $375,000. We use chains to check our comparable choices, not to set a price. To have yours read the same way, ask for a Captains Bay valuation and tell us your street number.

What Moves a Captains Bay Condo’s Value Up or Down?

A Captains Bay condo’s value moves with the date of the newest comparable sales, its floor plan and condominium, its condition and level, its yearly fees and insurance cost, and the listings it competes with. The record quantifies the date and the plan. The others are adjustments we make by inspection, not numbers the MLS can give us.

Data updated: October 2026 (Southwest Florida MLS closings through October 7, 2026; Lee County Property Appraiser roll file October 4, 2026)

The date, then the plan

The 1,073 square foot plan closed from $475,000 to $600,000 in 2023 and 2024 and from $315,000 to $375,000 since November 2025. The plan did not change; the date did. After the date comes the plan: 72 of the 93 condos are two-bedrooms and 21 are three-bedrooms, and the three recorded three-bedroom sales of the last 36 months ($400,000, $475,000 and $615,000) are too few to state what the third bedroom adds.

Which of the three condominiums you own in

South, North One and North Two have separate associations, declarations and budgets. The Town’s 2026 short-term rental opt-out list carries an entry for Captains Bay North Two at 6691 Estero Boulevard and none for South or North One, and the state’s condominium file dated October 3, 2026 shows North Two with a secondary status of Delinquent, which in that data means an annual fee not recorded as paid and is not a finding about the building. Buyers will see both and ask.

Condition and level

The same plan sold for $600,000 and for $315,000 within 19 months, and the MLS does not say which condo was renovated. We quote no percentage for condition or level; we price both by walking the condo and comparing it with the closing it most resembles.

Lake setting, no dock, no Gulf frontage

The roll’s lake flag covers the South parcels, and it shows no dock or seawall anywhere in Captains Bay. A buyer who wants a boat slip or a Gulf view is shopping elsewhere on Estero Island, so the comparison set is the other Bay Beach condominiums in the benchmark table below.

Days on market as a signal

Of the 13 closings, the five that sold within 30 days closed at a median of 96.9 percent of final list, the median of these 5 closings, and the two that took longest (229 and 586 days) closed at 89.7 and 87.7 percent. In this record a listing that waits ends up giving back more of its price.

How Do Fees, Reserves, Assessments and Insurance Affect Captains Bay Condo Value?

Fees, reserves and insurance change what a Captains Bay buyer can pay because they are a yearly cost on top of the price. Listing agents entered annual recurring fees of $6,096 to $10,644 on the 13 closings of the last 60 months, a median of $9,948, and none of it is verified against an association budget.

Data updated: October 2026 (Southwest Florida MLS closings through October 7, 2026; Lee County Property Appraiser roll file October 4, 2026)

What listing agents entered

Listing-entered annual recurring fees on 13 Southwest Florida MLS closings ranged from $6,096 to $10,644 (not verified; the association’s current budget and an estoppel certificate govern). Grouped by condominium and date, they read as follows.

Closings Annual recurring fees entered Entered fees as a share of the sold price
South, 2 closings in April and May 2023 $6,096 and $6,996 1.0% and 1.5%
South, 4 closings in April and May 2024 $9,936 to $9,948 1.6% to 2.1%
South, 5 closings from September 2025 to July 2026 $9,948 to $10,644 2.8% to 3.3%
North One, 1 closing in February 2025 $9,960, entered as $2,490 a quarter 1.9%
North Two, 1 closing in August 2024 $6,600, entered as $550 a month 1.3%

A listing entry is not a budget, so we do not call the step between the 2023 and 2024 entries an increase in the assessment; it is a reason to ask for the last three budgets. The arithmetic a buyer does is in the third column: an entry of $9,948 was 1.7 percent of a $600,000 price in April 2024 and 2.8 percent of a $350,000 price in July 2026. Application fees of $150 to $175 were entered on 9 of the 13 listings and no listing entered a transfer fee.

Reserves and the milestone calendar

A condominium building of three or more habitable stories must have a milestone inspection under section 553.899 by December 31 of the year it reaches 30 years, and its association a structural integrity reserve study under section 718.112(2)(g). We computed the years from the county’s year built, did not retrieve any certificate of occupancy, and state no building’s inspection or study status.

Building group County year built Year the building reaches 30 (computed) Reserve study rule applies (3 or more stories)
South, 22736 and 22748 Island Pines Way 1995 2025 Yes
South, 22700, 22712 and 22724 Island Pines Way 1997 2027 Yes
North Two, 6691 Estero Blvd 1997 2027 Yes
North One, 6661 Estero Blvd 1994 Not applicable, 2 stories on the roll No

For the two 1995 buildings the computed year has arrived, so a buyer will ask for the milestone summary. Where a summary or a reserve study applies, the buyer’s cancellation window under section 718.503 is 15 days after receiving the documents instead of 7, excluding weekends and legal holidays.

Special assessments

We found no published special assessment for any of the three associations, which is a statement about what we could find. A buyer deducts a levied or approved assessment from the price, so tell us before we price.

Flood and wind insurance

The FEMA flood map indicates Zone AE with a base flood elevation of 11 feet NAVD88 at the five points tested on Island Pines Way on October 7, 2026, on Lee County FIRM panel 12071C0567G, effective November 17, 2022, a Special Flood Hazard Area in evacuation zone A. The two Estero Boulevard buildings were not among the tested points. That is a map-based indication, not a flood determination for any condo.

We quote no premiums. The routes are the association’s master policy, your HO-6 policy, a flood policy and a wind mitigation inspection on state form OIR-B1-1802. The Town of Fort Myers Beach is a Class 5 community in the National Flood Insurance Program’s Community Rating System, a 25 percent discount effective April 1, 2026.

Property tax at the Town’s 2026 rate

Every Captains Bay parcel sits in the Town of Fort Myers Beach taxing district, whose 2026 applied millage is 13.3108 (13.4329 in 2025; Lee County Property Appraiser book printed October 9, 2026). On a $350,000 price that is $4,658.78 a year (350,000 times 13.3108 divided by 1,000), and on $475,000 it is $6,322.63, both before exemptions and non-ad valorem charges.

Is the Property Appraiser’s Just Value What a Captains Bay Condo Will Sell For?

No. The Lee County Property Appraiser’s just value is a tax figure, not a price. The median just value of the 93 Captains Bay unit parcels is $323,003, and on the 15 qualified sales of the last 36 months it ran at a median of 76 percent of the sale price, from 59 to 101 percent.

Data updated: October 2026 (Southwest Florida MLS closings through October 7, 2026; Lee County Property Appraiser roll file October 4, 2026)

The roll against the county’s own qualified sales

We matched each of the 15 qualified sales to the roll’s current just value for the same condo. The 7 sales recorded from March 2024 to February 2025 sold for $475,000 to $615,000, and just value was 59 to 81 percent of those prices. The 8 sales recorded from August 2025 to July 2026 sold for $315,000 to $500,000, and just value was 62 to 101 percent of those prices. The roll figure hardly moved between the two groups. The prices did.

One sale below the roll figure

The $315,000 closing at 22712 Island Pines Way on November 24, 2025 was below that condo’s just value of $317,884. It sold in 4 days at 96.9 percent of its final list price, so it was not a listing that sat. The roll is not a floor under a price.

Why the ratio is not a rule

The roll is set for a January 1 valuation date by mass appraisal, and it does not know a condo’s renovation, level or outlook: 12 of the fifty 1,073 square foot condos carry the identical just value of $323,003. We use the roll to confirm the parcel, the plan, the year built and the heated area, and as a cross-check, never to set a price.

Captains Bay vs Royal Pelican: How Do the Records Compare?

Captains Bay and Royal Pelican are both Bay Beach condominiums in Fort Myers Beach, and their records are close. Over 60 months the Southwest Florida MLS shows 13 Captains Bay closings at a $475,000 median against 19 Royal Pelican closings at $429,900, with the same median of 42 days on market in both.

Data updated: October 2026 (Southwest Florida MLS closings through October 7, 2026; Lee County Property Appraiser roll file October 4, 2026)

Side by side

Each record keeps its own window and series. A median appears only where the window holds 10 or more closings.

Question Captains Bay Royal Pelican
Parcels and units 96 parcels, 93 units in three condominiums 145 parcels, 144 units on the state record
Year built (county) 1994 to 1997 1986 to 1991
Water on the roll Lake flag on the South parcels; no dock or seawall Canal land on all 145 parcels; no dock flag
County median just value $323,003 $332,591
MLS, last 12 months 4 closings, $315,000 to $375,000 6 closings, $260,000 to $355,000
MLS, 36 months 11 closings, median $475,000 9 closings, $260,000 to $480,000
MLS, 60 months 13 closings, median $475,000, $434 per sq ft 19 closings, median $429,900, $354 per sq ft
Median days on market, 60 months 42 42
County-qualified sales, 60 months 17 sales, median $475,000 16 sales, median $465,000
Listing-entered annual recurring fees (not verified) $6,096 to $10,644 on 13 closings $6,100 to $12,400 on 19 closings
Active listings on October 7, 2026 3, from $405,000 to $469,000 4, from $305,000 to $399,900
FEMA zone at the tested points AE at 11 ft at five Island Pines Way points VE at 12 ft and AE at 11 ft
Statutory 30-year milestone year (computed) 2025 and 2027 for the buildings of 3 or more stories Already passed for buildings of 1986 to 1991

What the numbers say about the two buildings

On the 60-month window the two are within about 10 percent on price, and Captains Bay is higher per square foot ($434 against $354). In the last 12 months the two records overlap, $315,000 to $375,000 at Captains Bay and $260,000 to $355,000 at Royal Pelican, on 4 and 6 closings. Royal Pelican’s asking prices start $100,000 lower.

A buyer picks Captains Bay for 1994 to 1997 construction, a three-bedroom plan of 1,239 square feet and a smaller community, and accepts a thinner sales record and three sets of documents. The same buyer picks Royal Pelican for canal land, a lower entry price and more closings to compare. For a Captains Bay seller, Royal Pelican’s listings are part of the competition, and we price against both.

How Do Captains Bay Values Compare With the Rest of Fort Myers Beach?

Captains Bay sits in the middle of the Bay Beach condominium records in Fort Myers Beach. Its 36-month MLS median of $475,000 is close to Casa Marina and Harbour Pointe, above Hibiscus Pointe and Royal Pelican, and below Palm Harbor Club and Bella Lago. Windows differ by row, so compare each place with its own window.

Data updated: October 2026 (Southwest Florida MLS closings through October 7, 2026; Lee County Property Appraiser roll file October 4, 2026)

The benchmark table

Each row is copied from our Fort Myers Beach sibling table with the window that leads for that place, the first of 12, 24, 36 and 60 months holding 10 or more closings. The MLS and county columns are separate series.

Node Kind Residential parcels Year built MLS closings 12 mo MLS closings 60 mo MLS publish window MLS median $/sq ft (same window) Active+pending 2026-10-07 County-qualified (publish window)
Captains Bay condo 96 1994 to 1997 4 13 36 mo: n 11, median $475,000, range $315,000 to $615,000 383.0 3 36 mo: n 15, median $475,000
Royal Pelican condo 145 1986 to 1991 6 19 60 mo: n 19, median $429,900, range $260,000 to $635,000 354.0 4 60 mo: n 16, median $465,000
Bay Beach community 1755 1976 to 2023 61 334 12 mo: n 61, median $425,000, range $260,000 to $2,200,000 359.0 53 12 mo: n 53, median $410,000
Hibiscus Pointe condo 182 1992 to 1995 12 34 12 mo: n 12, median $375,000, range $270,000 to $440,000 320.0 4 12 mo: n 11, median $380,000
Casa Marina condo 146 1990 to 2001 2 23 36 mo: n 14, median $480,000, range $399,999 to $605,000 408.0 2 36 mo: n 16, median $477,500
Harbour Pointe condo 141 1982 to 1995 2 15 60 mo: n 15, median $470,000, range $270,000 to $850,000 400.0 5 60 mo: n 9, median $389,900
Palm Harbor Club condo 56 2000 to 2001 4 19 36 mo: n 12, median $642,500, range $465,000 to $1,100,000 379.0 1 60 mo: n 13, median $665,000
Bella Lago condo 60 2006 to 2006 1 15 60 mo: n 15, median $625,000, range $505,000 to $895,000 393.0 0 60 mo: n 11, median $525,000

The nearest in vintage are Hibiscus Pointe (1992 to 1995), Casa Marina (1990 to 2001) and Harbour Pointe (1982 to 1995). Casa Marina shares Captains Bay’s 36-month window, and the two medians are $5,000 apart. The newer Palm Harbor Club and Bella Lago sit well above. One caution applies to the Captains Bay row: its median blends two price groups, so the newest four closings ($315,000 to $375,000) sit closer to Hibiscus Pointe’s 12-month median of $375,000 than to its own.

Fort Myers Beach around it

For the 12 months to October 7, 2026 the Southwest Florida MLS recorded 397 closings in ZIP 33931 at a $510,000 median, $455 per square foot, 92 median days on market and 93.8 percent median sale-to-final-list. By joining MLS addresses to the county roll, condominiums had 238 closings at a $425,000 median and single-family homes 111 at $1,000,000 (98 of 2,064 sixty-month closings did not match an address and are excluded from the split). On October 7 the ZIP had 380 active and 27 pending listings at a median list price of $699,000, about 11.5 months of supply. For the town-wide picture, read our Fort Myers Beach home valuation page and our Fort Myers Beach guide.

What Will You Net When You Sell Your Captains Bay Condo in Fort Myers Beach?

A seller of a Captains Bay condo in Fort Myers Beach at $350,000, the price of both mid-2026 closings, would net about $325,975 before any mortgage payoff with buyer-agent compensation offered, and about $334,725 without. In Lee County the seller customarily pays the owner’s title policy and the deed stamps, and the contract controls.

The arithmetic at $350,000

The table is an illustration, not a quote. Commissions are negotiable and set in the listing agreement. It assumes 2.75 percent for the listing side and 2.5 percent for buyer-agent compensation when offered. The deed documentary stamp tax is $0.70 per $100 under section 201.02, and the owner’s title policy follows the Florida premium schedule of $575 plus $5.00 per $1,000 above $100,000.

Item Estimate Arithmetic
Sale price $350,000.00 Price of the June 30 and July 31, 2026 closings
Listing commission, 2.75% -$9,625.00 2.75% of $350,000
Buyer-agent compensation, 2.5%, if offered -$8,750.00 2.5% of $350,000
Deed documentary stamp tax -$2,450.00 3,500 units of $100 at $0.70
Owner’s title policy -$1,825.00 $575 plus $5.00 per $1,000 above $100,000
Title search and settlement -$1,200.00 Estimate
Municipal lien search -$175.00 Estimate
Estimated total costs, with buyer-agent compensation -$24,025.00 6.86% of price
Estimated net before payoff, with buyer-agent compensation $325,975.00 $350,000 minus $24,025
Estimated total costs, without buyer-agent compensation -$15,275.00 4.36% of price
Estimated net before payoff, without buyer-agent compensation $334,725.00 $350,000 minus $15,275

The same worksheet at $475,000

At $475,000, the 36-month median, the worksheet gives total costs of $32,087.50 with buyer-agent compensation (6.76 percent) and a net before payoff of $442,912.50, or costs of $20,212.50 (4.26 percent) and a net of $454,787.50 without it. The stamps are $3,325.00 and the title policy $2,450.00. An estoppel certificate is also a seller cost under Florida law, and we print no dollar figure for it. To see the worksheet for your condo, ask for a Captains Bay valuation; see also the Fort Myers Beach seller page and our guide to selling a Captains Bay condo.

Want a Free In-Person Captains Bay Condo CMA?

A free in-person comparative market analysis is a walk-through of your Captains Bay condo and a written value range built from the closings of its own floor plan and condominium, the county sales the MLS never carried, and your association documents. There is no cost and no obligation to list. Request it with the valuation form below.

What it includes, and confidentiality

We walk the condo, note condition, level and outlook, and read your latest association statement. You receive the range, the closings we used and a plan for pricing against the listings on the market that week. McGreevy and Comisar, Top 1% Real Estate Agents Nationally Since 2008, keep every valuation confidential. Call Jesse direct at (239) 898-6072, text or call. If you are also buying, read our guide to buying a home in Fort Myers Beach, see how we represent buyers and call Marc at (239) 287-5873.

What We Could Not Verify

This list gathers the places where this page says a fact about Captains Bay is not available, each with the document or route that would settle it, so that an owner, a buyer or our team can close the gap before a price is set.

  • Association budgets, fees and assessments. None was found for the three associations; the fees we print are listing-entered. Route: each association’s current budget and an estoppel certificate.
  • Rental and pet rules. Not published. Route: each condominium’s recorded declaration (Lee County Official Records Book 2576, Page 1724 for South; Book 2526, Page 2635 for North One; Book 2814, Page 2503 for North Two) and current rules, and the Town of Fort Myers Beach at 239-765-0202.
  • Milestone inspection and reserve study status. We computed statutory years from the county’s year built. Route: the association manager and the state’s reserve study reporting database.
  • Level, view and condition premiums. The MLS entries do not state them. Route: a walk-through of your condo.
  • Why four county sales have no MLS closing, and why one deed differs from the MLS price by $6,000. Route: the deeds and the listing agents.
  • Flood zone at 6661 and 6691 Estero Boulevard, and a flood determination for any condo. Our points were on Island Pines Way. Route: the FEMA Flood Map Service Center and an elevation certificate.
  • Insurance premiums. We quote no premiums. Route: a Florida insurance agent.

Frequently Asked Questions, Captains Bay Home Value Edition

These are the questions Captains Bay owners in Fort Myers Beach ask us most about what a condo is worth, answered from Southwest Florida MLS closings and Lee County records, with the window and the count stated beside every figure we give.

What is my Captains Bay condo worth?

It is worth what the newest closings of your floor plan brought, adjusted for condition, level, fees and insurance cost. The four MLS closings of the last 12 months sold from $315,000 to $375,000.

What is the median price of a Captains Bay condo?

The Southwest Florida MLS median is $475,000 on 11 closings in 36 months and on 13 in 60 months. The county’s separate series also shows $475,000, on 15 qualified sales in 36 months. The newest sales sit well below it.

What did Captains Bay condos sell for in the last 12 months?

Four closed through the MLS: $315,000 in November 2025, $375,000 in January 2026 and $350,000 in both June and July 2026. The median of these 4 closings is $350,000. The county adds two sales the MLS lacks, $500,000 and $430,000.

What is the price per square foot at Captains Bay?

The 36-month MLS median is $383 per square foot of living area on 11 closings, from $294 to $559. The four closings of the last 12 months ran from $294 to $349.

How long do Captains Bay condos take to sell?

The median was 88 days on market over 36 months, from 4 days to 586. Five of the 13 closings in 60 months sold within 30 days and four took more than 100.

What is the sale-to-list ratio at Captains Bay?

The median closing was 93.8 percent of the final list price over both 36 and 60 months. Across the 13 closings it ran from 87.7 to 100.0 percent, and only two closed at or above the final list price.

How many Captains Bay condos are for sale now?

On October 7, 2026 the Southwest Florida MLS showed 3 active listings and none pending, at $405,000, $439,900 and $469,000, all on Island Pines Way. A re-check of the MLS on October 29, 2026 found a fourth listing, a 1,239 square foot three-bedroom at 22736 Island Pines Way asking $459,000, the other three at unchanged prices, still none pending and no closing since October 7. For live listings with photos, use our team’s site, DomainRealtyGroup.com.

Which Captains Bay floor plan sells for the most?

The record is too thin to rank plans. The highest closing in 60 months is a 1,239 square foot three-bedroom at $615,000 in May 2024, but the same plan also recorded $475,000 and $400,000.

Is a condo in Captains Bay North worth more than one in Captains Bay South?

We cannot say from four sales. The four county-qualified sales on Estero Boulevard in 36 months ran from $495,000 to $605,000, above the newest South closings, but plans and dates differ. We value North condos from North sales.

Does the building change the value?

Not measurably. The five South buildings share one plan mix, and each has one to four closings in 60 months.

Does the floor or view add value, and by how much?

We quote no figure. Eight closings of the 1,073 square foot plan are spread over five levels, and level 2 holds both a $600,000 sale and a $350,000 sale. The listing entries do not state a view.

Why did the same Captains Bay floor plan sell for $600,000 and $315,000?

The date explains most of it: the plan closed at $600,000 in April 2024, and every Captains Bay closing after February 2025 was $375,000 or less. Condition and level can explain the rest, and the MLS does not record them.

Why is an online estimate of my Captains Bay condo different from what it sells for?

A model blends three years of sales that fall into two price groups, reads three condominiums as one building, cannot see four county sales that never reached the MLS, and may weight a listing that has waited 605 days.

Is the county’s just value what my condo is worth?

No. The median just value of the 93 unit parcels is $323,003, and it ran at a median of 76 percent of price on 15 qualified sales in 36 months, from 59 to 101 percent. It is a tax figure.

Has a Captains Bay condo sold below its just value?

Yes, once in the last 36 months. A condo at 22712 Island Pines Way closed for $315,000 on November 24, 2025, against a just value of $317,884. The other 14 qualified sales were above the roll figure.

Why does the county show sales the MLS does not?

A sale can be handled outside the MLS. Four county-qualified sales in 36 months have no MLS closing: $605,000, $400,000, $500,000 and $430,000. We read both records and keep them in separate columns.

What are the fees at Captains Bay, and do they change the value?

Listing agents entered annual recurring fees of $6,096 to $10,644 on 13 closings, a median of $9,948, not verified. A buyer weighs the yearly cost against the price, and an entry of $9,948 is 2.8 percent of a $350,000 price.

How do reserves and milestone inspections affect value?

A milestone year can bring repairs or reserve funding that a buyer prices in. By county year built, the two 1995 South buildings reached 30 in 2025, and three South buildings and North Two reach it in 2027. These are computed years, not a status.

Does the flood zone change what my condo is worth?

The FEMA map indicates Zone AE at 11 feet at the five Island Pines Way points we tested, so flood insurance is part of the yearly cost a buyer weighs. An elevation certificate helps a buyer price coverage.

Does Hurricane Ian history affect the value?

It can, through what was repaired and how. The National Hurricane Center reports 10 to 15 feet of surge above ground on Estero Island. No Captains Bay parcel shows a year built of 2023 or later on the roll, which does not record repairs.

What property tax will a buyer pay on a Captains Bay condo?

At the Town’s 2026 applied millage of 13.3108 (13.4329 in 2025), a $350,000 price carries $4,658.78 a year and $475,000 carries $6,322.63, before exemptions and non-ad valorem charges.

What will I net when I sell a Captains Bay condo?

At $350,000, about $325,975 before payoff with buyer-agent compensation and $334,725 without, using 2.75 and 2.5 percent commissions, deed stamps of $0.70 per $100 and the owner’s title policy. Commissions are negotiable.

Do I pay capital gains tax when I sell my Captains Bay condo?

A seller who owned and lived in a home as a main home for two of the last five years can exclude up to $250,000 of gain, or $500,000 for joint filers, under IRS rules. A second home or rental does not qualify automatically.

Who pays the documentary stamp tax and title policy in Lee County?

In Lee County the seller customarily pays the owner’s title policy and the deed documentary stamp tax of $0.70 per $100 under section 201.02. That is custom, not law, and the contract controls.

What must I give a Captains Bay buyer under Florida law?

Under section 718.503 a resale seller gives the buyer the declaration, bylaws, rules and financial information, and the buyer can cancel within 7 days of receipt, or 15 where a milestone summary or reserve study applies. Section 689.302 adds a flood disclosure.

Which association and declaration govern my Captains Bay unit?

Your street number decides. South covers 22700 to 22748 Island Pines Way (Official Records Book 2576, Page 1724), North One covers 6661 Estero Boulevard (Book 2526, Page 2635) and North Two covers 6691 Estero Boulevard (Book 2814, Page 2503).

What is an estoppel certificate, and who pays for it?

It is the association’s statement of what you owe and what has been approved, and Florida law caps the fee. We print no dollar figure. Who pays is set by the contract, and it is usually ordered early.

Can my buyer rent the condo?

Not known from the public record. Each condominium’s declaration and rules set lease terms, and the Town of Fort Myers Beach requires registration for short-term vacation rentals.

Do pet rules affect Captains Bay value?

Pet rules are not published for any of the three associations, and buyers with pets ask first, so put the current rules in your listing package.

Should I renovate before I sell?

Condition moves value, but the record cannot say by how much: the same 1,073 square foot plan closed from $315,000 to $600,000. We walk the condo and tell you which updates earn their cost before you spend.

How do I price when so few Captains Bay condos sell?

We list the closings, lead with the newest group, add the county sales the MLS lacks, pair like with like and price against the three listings a buyer can see that week.

Are MLS prices and county prices the same thing?

No. The county records qualified sales by recording date and uses heated area where the MLS uses living area. One Captains Bay sale shows $508,000 on the deed and $514,000 in the MLS.

How do Captains Bay values compare with Royal Pelican?

Over 60 months Captains Bay shows 13 closings at a $475,000 median and $434 per square foot against Royal Pelican’s 19 at $429,900 and $354. In the last 12 months Captains Bay closed from $315,000 to $375,000 and Royal Pelican from $260,000 to $355,000.

How do Captains Bay values compare with the rest of Fort Myers Beach?

Captains Bay’s 36-month median of $475,000 is above the $425,000 12-month median for ZIP 33931 condominiums, but its newest four closings, $315,000 to $375,000, are below it.

Is this the Captains Bay on Island Pines Way in Fort Myers Beach?

Yes. This page covers the 93 condominiums of Captains Bay South, North One and North Two on Island Pines Way and at 6661 and 6691 Estero Boulevard, ZIP 33931. The county spells it Captain’s Bay.

How do I get started?

Call Jesse direct at (239) 898-6072 or enter your street number and bedroom count in the valuation form. We send a range the same day. If you are also buying, read buying a home in Fort Myers Beach and call Marc at (239) 287-5873.

What Captains Bay Condo Owners Say About Working With Us

Jesse McGreevy is a top-reviewed Southwest Florida realtor and Marc Comisar is a top-reviewed Southwest Florida buyer’s agent; you can read every review on our Google Business Profile. These are a few, in the clients’ own words, from buyers, sellers and repeat clients.

A client of many years

★★★★★ “Jesse and his team at Domain have taken care of me, my family and my friends for many years. They have listed and sold our properties, facilitated the purchase of our properties and arranged for rentals.” Verified Google review

A seller on a listing that had waited

★★★★★ “We had been on the market for several months with no offers. When we signed with Marc our house was sold in 2 weeks. He has a unique system for selling homes.” Verified Google review

A buyer on the right fit

★★★★★ “Marc was great! He helped us find a place that matched our needs, without trying to upsell us into something too big. And he’s helped us settle into the area. 100% recommendation!” Verified Google review

Repeat clients on the team

★★★★★ “We love working with Marc and Jesse at Domain. The entire team is professional and top notch. They go above and beyond for their clients. Highly recommend” Verified Google review

Why Does a Fort Myers Beach Specialist Matter When You Value Your Home?

A Fort Myers Beach specialist knows which condominium, floor plan and date a comparable belongs to, which transfers the county counts as sales, what the flood map indicates street by street and what an association must disclose. A Captains Bay valuation that reflects all of it holds up through the appraisal.

What a general agent tends to miss

A general agent may price a Captains Bay South two-bedroom from the three-year median, quote the county’s just value as a price, or use an Estero Boulevard sale for an Island Pines Way condo. As Top 1% Real Estate Agents Nationally Since 2008, we build the valuation to avoid all three.

The Fort Myers Beach context we value with

Our Fort Myers Beach guide covers the island. If you are buying after you sell, read how we represent buyers and call Marc at (239) 287-5873.

If you are asking “what can I sell my Captains Bay condo for,” McGreevy and Comisar price from the closings of your own floor plan. We tracked every one of the 13 Captains Bay closings in the Southwest Florida MLS in the last 60 months and the 17 county-qualified sales beside them, and that record starts every valuation we send.

As the leaders of Domain Realty Group, our team has closed over $2.5 billion in real estate, and McGreevy and Comisar alone have over $900 million in personal sales. Only 4 Captains Bay condos closed through the MLS in the last 12 months, so if you are thinking about selling, call us first. When you are ready to list, read how we sell Captains Bay condos.

  • Top 1% Real Estate Agents Nationally Since 2008
  • 5 Star Award for Customer Satisfaction for 21 Straight Years. Only 5 out of 21k+ Licensees (Gulfshore Life Magazine)
  • #1 Team in Southwest Florida since 2012
  • McGreevy and Comisar and their Domain Realty Group team have sold over $2.5 Billion in Real Estate
  • McGreevy and Comisar alone have over $900 million in Sales
  • Nationally Recognized Top Producing Realtors
  • Platinum Sales Production Award Winners

What Is Your Captains Bay Condo Worth? Get a Free Valuation in 60 Seconds.

Enter your details in the valuation form for your free Captains Bay condo valuation, or talk to Jesse direct: Call Jesse direct at (239) 898-6072, text or call. Confidential conversations welcome.

Your Local Real Estate Experts

Jesse McGreevy and Marc Comisar lead Domain Realty Group from its office at 24031 S Tamiami Trl #101 in Bonita Springs and have represented buyers and sellers across Southwest Florida since 2008. Read more about McGreevy and Comisar, or call Jesse direct at (239) 898-6072 about your own condo.

  • Top 1% Real Estate Agents Nationally Since 2008

  • 5 Star Award for Customer Satisfaction for 21 Straight Years. Only 5 out of 21k+ Licensees (Gulfshore Life Magazine)

  • #1 Team in Southwest Florida since 2012

  • McGreevy and Comisar and their Domain Realty Group team have sold over $2.5 Billion in Real Estate

  • McGreevy and Comisar alone have over $900 million in Sales

  • Nationally Recognized Top Producing Realtors

  • Platinum Sales Production Award Winners

  • Jesse McGreevy: (239) 898-6072 ·

  • Marc Comisar: (239) 287-5873

  • Office: 24031 S Tamiami Trl #101, Bonita Springs, FL 34134

Jesse McGreevy (Sales Associate) and Marc Comisar (Broker Associate) are licensed Florida REALTORS® with Domain Realty; Florida real estate licensure is regulated by the Florida Real Estate Commission (FREC) within the Department of Business and Professional Regulation (DBPR). Florida license numbers: Jesse McGreevy SL3101296, Marc Comisar BK3060671.

Valuing a Captains Bay condo? Get a free valuation with the valuation form, or call Jesse direct at (239) 898-6072. Buying one? Call Marc at (239) 287-5873, or read our guide to buying a home in Fort Myers Beach.

Follow our Southwest Florida sales on Instagram, Facebook and YouTube.

McGreevy and Comisar lead Domain Realty Group, a full-service Southwest Florida real estate team. For condos for sale in Fort Myers Beach, search our team’s site, DomainRealtyGroup.com. Read more about McGreevy and Comisar, see how we represent buyers, or contact us.

Sources and Authoritative References

Every figure on this page traces to a primary source below or to the Southwest Florida MLS (pulled October 7, 2026) and the Lee County Property Appraiser sale file and roll of October 4, 2026. The links were checked on October 7, 2026.

Florida statutes and state records

  1. Section 718.503, Florida Statutes
  2. Section 718.112, Florida Statutes
  3. Section 718.116, Florida Statutes
  4. Section 553.899, Florida Statutes
  5. Section 201.02, Florida Statutes
  6. Section 509.032, Florida Statutes
  7. Section 689.302, Florida Statutes
  8. Section 627.351, Florida Statutes
  9. Section 627.715, Florida Statutes
  10. Florida DBPR condominium data extract
  11. Florida DBPR structural integrity reserve study reporting
  12. Florida DBPR public records
  13. Florida DBPR licensee search
  14. Florida Office of Insurance Regulation wind mitigation resources
  15. Citizens Property Insurance flood requirement
  16. Citizens notice on the revised wind mitigation form
  17. Florida DEP Hurricane Ian and Nicole report
  18. Florida DEP coastal construction control line layer

Town of Fort Myers Beach

  1. Town of Fort Myers Beach
  2. Short-Term Rentals
  3. Town directory
  4. Build Responsibly
  5. Fort Myers Beach Talk on the Town’s preliminary budget
  6. Ordinance 18-01
  7. Short-Term Rentals Code of Conduct
  8. 2026 condominium opt-out list
  9. Substantial improvement and substantial damage
  10. FEMA’s 50 percent rule
  11. Repair and improvement cost form
  12. National Flood Insurance Program
  13. Flood questions
  14. Elevation certificates
  15. About your tax bill
  16. Town of Fort Myers Beach code of ordinances

Lee County and the Property Appraiser

  1. Lee County Property Appraiser
  2. Property search
  3. 2025 taxing district millage book
  4. 2026 taxing district millage book, printed October 9, 2026
  5. 2025 DR-420 certification
  6. Property Appraiser flood zone map service
  7. Lee County adopted solid waste rates
  8. Lee County evacuation zones
  9. Lee County Property Appraiser, Transfer Code List

Flood, storms and federal data

  1. FEMA National Flood Hazard Layer
  2. FEMA Flood Map Service Center
  3. U.S. Census geocoder
  4. National Hurricane Center report on Hurricane Ian
  5. National Hurricane Center report on Hurricane Helene
  6. National Hurricane Center report on Hurricane Milton
  7. National Hurricane Center tropical cyclone reports
  8. National Weather Service Tampa Bay, Helene impact narratives
  9. National Weather Service Tampa Bay, Milton impact narratives
  10. U.S. Geological Survey high-water marks for Ian
  11. U.S. Fish and Wildlife Service CBRS property documentation
  12. WGCU on the Town’s flood rating
  13. WGCU on the unincorporated county’s flood discount
  1. Florida DOR, documentary stamp tax
  2. IRS Topic 701, Sale of your home
  3. Southwest Florida MLS, closed-sale and active-listing pull for Captains Bay South and North, October 7, 2026.
  4. Lee County Property Appraiser, parcel roll file of October 4, 2026 and qualified sales file: 96 Captains Bay parcels.
  5. Florida Division of Corporations filings for the three Captain’s Bay condominium associations (N93000001381, N93000001391, N93000000792).
  6. Lee County Official Records, declarations cited by the county roll: Book 2576, Page 1724; Book 2526, Page 2635; Book 2814, Page 2503.
  7. McGreevy and Comisar about page
  8. Jesse McGreevy
  9. Marc Comisar

Downloadable Documents

These official documents bear most directly on what a Captains Bay condo is worth and what its seller must deliver, each linked at the agency that issued it, from the Town of Fort Myers Beach to the Lee County Property Appraiser.

Document Issued by What it tells a valuation Link
2026 condominium opt-out list Town of Fort Myers Beach The list that carries the Captains Bay North Two entry View the list
Ordinance 18-01, Short-Term Rentals Regulation Town of Fort Myers Beach The registration rules a rental buyer will ask about View the ordinance
Hurricane Ian tropical cyclone report National Hurricane Center Storm surge on Fort Myers Beach View the report
Transfer Code List Lee County Property Appraiser How the county codes qualified sales View the code list

The Captains Bay declarations, budgets and rules are not posted publicly; they come with the document package at a sale.

Market data from Southwest Florida MLS, pulled October 2026. McGreevy and Comisar, value your Captains Bay condo with the #1 Team in Southwest Florida since 2012. Brokered by Domain Realty. Jesse McGreevy, FL Lic. SL3101296 · Marc Comisar, FL Lic. BK3060671.