Momentum Housing Data · Home Values · Lee County
Buying here? See Island Reef Club homes for sale and the Island Reef Club community guide (Fort Myers Beach).
Island Reef Club (Fort Myers Beach, FL): 3 recorded closings in the 12 months ending 2026-07-29, a 4-year price record, and the year-by-year record — every number from recorded MLS closings, none from an estimate model.
In the current window, sellers accepted a median 88.7% of original asking; the median sale took 62 days (window ending 2026-07-29).
| Year | Median sold | Median $/sqft | Median DOM | Sold ÷ original ask | Sales |
|---|---|---|---|---|---|
| 2026 | $510,000 | $404 | 62 | 88.7% | 3 |
| 2020 | $410,000 | $325 | 8 | 93.7% | 3 |
| 2019 | $389,500 | $309 | 118 | 83.0% | 4 |
| 2016 | $335,000 | $266 | 24 | 93.5% | 5 |
Over the recorded series, Island Reef Club’s median sold price moved from $335,000 (2016) to $510,000 (12 months ending 2026-07-29) — +52% over that span, with every year’s figure from recorded closings, not a model.
What actually trades here: 100% condominium, with a median of 1,261 sq ft and a median price per square foot of $404 in the current window.
At Island Reef Club’s $510,000 median and Lee County’s adopted 15.97 mills (FY2025-26), a home assessed at that price carries roughly $8,140 a year in property tax before exemptions, or about $7,480 with the full Florida homestead exemption — a buyer’s first-year figure; a long-time owner’s Save Our Homes cap can be far lower, which is one reason resale taxes jump at closing. Municipal and special-district millage varies inside the county; see the Lee County tax page.
Cash bought 33% of recorded Island Reef Club sales in the window ending 2026-07 (1 of 3) — a fact worth knowing before assuming every buyer needs an appraisal to close. The table above is the closed-sale record to price a Island Reef Club home against; asking prices are an opening position, recorded closings are the value.
We don’t publish algorithm guesses for specific homes — they can’t see condition, upgrades, or your lot. A local agent will prepare a records-based valuation from the same closed-sale data on this page, adjusted for your home. Free, no obligation.
By submitting, you agree Momentum Realty may contact you by phone, text, or email about your inquiry. Consent is not a condition of any purchase. Message/data rates may apply. Reply STOP to opt out. See our disclosures.
Communities buyers shopping Island Reef Club are also weighing (same ZIP), each on its own recorded 12-month closings. A median well above the neighbors is a ceiling to price against; well below is where the value argument lives.
| Community | Median sold | Median $/sqft | Median DOM | Sales |
|---|---|---|---|---|
| Palm Harbor Club | $535,000 | $346 | 169 | 4 |
| Carlos Pointe | $460,000 | $493 | 26 | 5 |
| Leonardo Arms Beach Club | $444,000 | $477 | 73 | 5 |
| Lovers Key Beach Club And Resort | $435,000 | $644 | 105 | 7 |
More Island Reef Club: full community guide & homes for sale · choosing an agent here · should you sell now (statewide data) · what selling costs · cash offer vs. listing
Listing information provided by the Florida Gulf Coast Multiple Listing Service, Inc. Information is deemed reliable but not guaranteed by the MLS to be accurate. Compiled from recorded MLS closings; deemed reliable but not guaranteed. Figures are medians for the stated windows and change as new sales record; individual homes vary widely. No automated valuation for any specific property appears on this page. Equal Housing Opportunity. © 2026 Move With Momentum LLC — brokerage licensed in FL and GA. Disclosures
Content on this page is compiled from public records, MLS data, and automated data sources, and may contain errors or be out of date. It is provided for general information only and is not a representation about any specific property, community, builder, or association. Verify all information independently before relying on it.