$149,000
1 Bed 1.5 Bath Waterfront Condominium for Sale in SCHOONER BAY, FL
3460 N Key Drive 301, North Fort Myers, FL, 33903
About this home
Welcome to your Riverfront Paradise! Discover this hidden gem in the gated community of Schooner Bay, perfectly situated along the Caloosahatchee River. This 1-bedroom, 1.5-bathroom condo offers breathtaking river views that you can enjoy from your private screened lanai, complete with an extra storage closet. Watch fireworks, sailboats, and more—all from the comfort of your home! HOA fees include FLOOD INSURANCE, WATER, cable, internet and Community Features You'll Love: Fishing Pier, Fitness Center, Resort-Style Pool, Billiards and More! Recent Upgrades Inside the Unit: Tankless water heater, new electrical panel, breakers, switches, outlets, and whole-house surge protection with transferable warranty. Master bathroom exhaust fan (2023) and lanai fan (2023) Samsung Smart microwave and stove (2022), New rollers on both sliding glass doors Exterior Updates Include: New roof (2022) & Pool resurfaced (2023) Don’t wait—make this riverfront retreat your own!
Property details
- Type
- Condominium
- Year built
- 1977
- Interior
- 840 sqft
- Lot size
- 25,839.792 sqft
- Acreage
- 0.59 acres
- Garage
- None
- Days on market
- 236
- Total association fees
- $9,339/yr (~$778/mo)
- CDD
- None
- Est. taxes (1.4%)
- $2,086/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 4 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 |
|---|---|---|---|---|---|
| 4510 N Key Drive 104 | Oct 2025 | $170,000 | 2/2 | 982 | $173 |
| 4510 N Key Drive 304 | Jul 2026 | $135,000 | 2/2 | 982 | $137 |
| 3340 N Key Drive B1 | May 2026 | $144,150 | 2/1 | 791 | $182 |
| 3330 N Key Drive F6 | Jun 2026 | $165,000 | 2/1 | 791 | $209 |
| Average | 4 comps | $153,538 | $175 |
Market trends — Schooner Bay
Live community medians from the MLS · see all listings. Indicative, not an appraisal.
Price & status history
Down $60,900 (29%) from the original list price.
| Oct 27, 2025 | Sold | $149,000 |
| Aug 6, 2025 | Price reducedfrom $179,000 | $149,000 |
| Jan 6, 2025 | Listed | $209,900 |
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 (~$9,339/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.