$109,900
1 Bed Waterfront Home for Sale in Schooner Bay
3490 N Key Drive 309, North Fort Myers, FL, 33903
About this home
Imagine a life where every day feels like a vacation. Whether you're seeking a permanent residence or a seasonal getaway, this waterfront condominium promises a serene escape from the hustle and bustle of everyday life. This vibrant community fosters connections, making it easy to meet neighbors and create lasting friendships. Enjoy regular social gatherings in the community room, participate in organized activities, or simply take a leisurely stroll along the riverfront. Short walk to Sunset Harbor Marina where you can enjoy 4 waterfront restaurants, Coffee shop, and get a massage and haircut while you are there. Little over This condominium isn’t /just a home, it’s a lifestyle. It is my understanding that there are strong financials, Milestone study complete, hour drive to Ft Myers Beach. Walk over the Caloosahatchee bridge and enjoy all that downtown Ft Myers has to offer. Just a 5 minute drive to the historic homes of Thomas Edison and Harry Ford. Milestone and wind damage work has started. There is a month to month tenant in the property until the end of August. Monthly fees include Internet, Cable, Water, and Sewer
Property details
- Type
- Condominium
- Year built
- 1977
- Interior
- 1,106 sqft
- Lot size
- 26,070.66 sqft
- Acreage
- 0.60 acres
- Garage
- None
- Days on market
- 204
- Total association fees
- $9,336/yr (~$778/mo)
- CDD
- None
- Est. taxes (1.4%)
- $1,539/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- None listed
- Exposure
- East
- Waterfront
- Yes
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- No
- Spa
- No
- Natural gas
- No
- Water
- Public
- Sewer
- Public Sewer
- New construction
- No
- Pets
- No
- County
- Lee
Total association fees sums the core association dues the MLS feed provides (HOA, condo/master association, and land lease), normalized to a yearly figure. These are separate from and additional to specialty charges, mandatory club or food-and-beverage minimums, special assessments, and rec-lease fees, which the IDX feed does not carry. Always confirm the full fee schedule with the HOA or listing agent.
Maintenance included in the fee
What the association dues cover, per the MLS. Confirm the full schedule with the HOA.
Amenities
Flood risk shown is an area-level estimate and can differ from a specific unit's actual FEMA designation (which varies by structure and elevation). Look up this address on the FEMA Flood Map and verify with a licensed insurance agent before relying on it.
Based on the $/sqft of 5 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.
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Recently sold nearby
Closed comparable sales within ~1 mile in the last 12 months, similar price, size, beds/baths, and age.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 3490 N Key Drive 514 | May 2026 | $130,000 | 2/2 | 1,106 | $118 |
| 4510 N Key Drive 304 | Jul 2026 | $135,000 | 2/2 | 982 | $137 |
| 3490 N Key Drive 307 | Nov 2025 | $125,000 | 2/2 | 1,106 | $113 |
| 1165 Palm Avenue 5C | Dec 2025 | $119,999 | 2/1 | 927 | $129 |
| 137 Standish Circle | Aug 2025 | $95,000 | 2/1 | 1,224 | $78 |
| Average | 5 comps | $121,000 | $115 |
Market trends, Schooner Bay
Live community medians from the MLS · see all listings. Indicative, not an appraisal.
Price & status history
Down $51,900 (34.6%) from the original list price.
| Dec 23, 2025 | Sold | $98,000 |
| Nov 6, 2025 | Price reducedfrom $114,999 | $109,900 |
| Apr 29, 2025 | Listed | $149,900 |
The good, the trade-offs & the location
- Waterfront
- Built 1977 — pre-2002 construction may carry older wind codes and higher insurance
- In a higher-risk flood zone (AE) — flood insurance likely required
- No garage listed
- Higher association fees (~$9,336/yr)
Straight-line distances to major SWFL amenities, approximate; actual drive times vary.
Nearby schools
Get more information on their programs, scores, and extracurriculars on each school's page · browse the full schools directory.
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Listing information is provided in part by the Florida Gulf Coast Multiple Listing Service (MLS) through its Broker Reciprocity / Internet Data Exchange (IDX) program. Properties displayed may be listed by brokerages other than SWFL Relocation Team. Data is deemed reliable but is not guaranteed accurate by the MLS or this brokerage and should be independently verified. Fees, flood zones, taxes, square footage, and school assignments are estimates from the feed and must be confirmed. © 2026 SWFL Relocation Team. All rights reserved.