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Perched high above the shoreline, this stunning penthouse corner residence at The Palms of Bay Beach offers a rare wrap-around lanai and truly panoramic views of both the Bay and the Gulf—allowing you to enjoy breathtaking sunrises and unforgettable sunsets from the comfort of home. Inside, the spacious three-bedroom layout features walk-in closets in every bedroom and two well-appointed baths. The expansive kitchen is designed for both function and style, showcasing KitchenAid appliances, a Bosch dishwasher (installed 2024), and a separate dry bar complete with a standalone ice maker and wine refrigerator—perfect for entertaining.
Recent upgrades add tremendous value and peace of mind, including updated flooring in 2025, new carpet in all three bedrooms (2025), hurricane shutters replaced in 2023 with a 5-year warranty, new toilets in both bathrooms, and a hot water tank replaced in 2025. The primary suite is enhanced with darkening shades and updated bath countertops for a refined, restful retreat. Comfort is further elevated by a rooftop-mounted Trane A/C system—providing quieter operation than traditional exterior closet units. An additional private storage closet located directly on the lanai offers convenient space for beach gear and extra belongings, completing this exceptional coastal penthouse.
Property Details
Price: $725,000
Sq Ft: 1,499
($484 per
sqft)
Bedrooms: 3
Bathrooms: 2
City: Fort Myers Beach
County: Lee
Type: Condo
Development: The Palms Of Bay Beach
Virtual Tour/Floorplan:
View
Year Built: 1977
Listing Number: 226000991
Status Code: A-Active
Taxes: $6,144.72
Tax Year: 2025
Garage:
Furnishings: Turnkey
Pets Allowed: With Approval
Interior Features:
Pantry
Smoke Detectors
Window Coverings
Amenities:
Barbecue
Beach Access
Bike Storage
Bocce Court
Clubhouse
Pool
Community Room
Spa/ Hot Tub
Internet Access
Pickleball
Sidewalk
Tennis Court(s)
Trash Chute
Underground Utility
Car Wash Area
Financial Information:
Taxes: $6,144.72
Tax Year: 2025
Association Fee: $15,912.00
Condo Fee: $1,325.00
Condo Fee Frequency: Monthly
Exterior Features:
Screened Lanai/ Porch
Storage
Equipment:
Dishwasher
Disposal
Dryer
Ice Maker - Stand Alone
Microwave
Range
Refrigerator/ Icemaker
Washer
Wine Cooler
View:
Y
Waterfront Description:
Bay
Additional Information:
Building Description: Penthouse, Mid Rise (4-7)
Building Design: Mid Rise (4-7 Floors)
Community Type: Boating
MLS Area: The Palms Of Bay Beach
Total Square Footage: 1,516
Total Floors: 1
Water: Central
Construction: Concrete Block, Stucco
Date Listed: 2026-02-04 00:00:00
Pool Description: Community
Furnished: Turnkey
Windows: Window Coverings
Parking: 1 Assigned, Under Bldg Open, Attached Carport
Flooring: Carpet, Vinyl
Roof: Roof Over
Heating: Central Electric
Cooling: Ceiling Fan(S), Central Electric
Storm Protection: Impact Resistant Doors, Impact Resistant Windows, Shutters Electric
Security: Smoke Detector(S)
Laundry: Laundry In Residence
Irrigation: Central
Pets: With Approval
Restrictions: Deeded, No Commercial
Maintenance: Cable, Internet/ Wi Fi Access, Irrigation Water, Lawn/ Land Maintenance, Legal/ Accounting, Pest Control Exterior, Rec Facilities, Repairs, Reserve, Trash Removal
Rear Exposure: Se
Lot Desc.: Zero Lot Line
Amenities: Barbecue, Beach Access, Bike Storage, Bocce Court, Clubhouse, Pool, Community Room, Spa/ Hot Tub, Internet Access, Pickleball, Sidewalk, Tennis Court(S), Trash Chute, Underground Utility, Car Wash Area
Map of 4203 Bay Beach Ln #7H, Fort Myers Beach, FL 33931
Listing Courtesy Of: John R. Wood Properties
mfechter@johnrwood.com