$154,900
1 Bed Waterfront Home for Sale in Fort Myers
7031 Armadillo Way, Fort Myers, FL, 33967
About this home
Opportunity awaits. This property has just had a huge price improvement. You have to check out this peaceful waterfront retreat offering a spacious 1 bedroom, 1 bath home that offers lots of natural light from lots of sliders and windows with a private dock just outside your back door. Whether you want to take your boat out for a great day of fishing or enjoying amazing wildlife right from your patio, this space has it all. This beautifully updated home sits on a serene lakeside setting surrounded by three picturesque lakes and offers breathtaking water views. A large pergola deck provides the perfect place to enjoy sunsets or relax by the water. The interior features a modern open-concept design with new tile flooring throughout and many other upgrades that include new windows (2025), updated electrical and plumbing (2025), and a new roof (2022) for added peace of mind. The kitchen has a tasteful design with newer wood cabinetry and granite countertops as well as newer stainless-steel appliances (2024). The kitchen has a dining nook and bar area for entertaining friends and family. The home offers an indoor laundry area plus a small office/storage space away from the living area. The home also includes a secured storage space outside attached to the home and private parking. As part of Granada Lakes, you’ll enjoy an active senior lifestyle with community gatherings, social events, clubhouse access for gatherings, and a huge, heated pool overlooking the surrounding lakes that are accessible for fishing or small boating. The community is located just minutes near beaches, golf courses, kayaking, shopping, dining, Interstate 75 and the International Airport. This home offers the perfect balance of peaceful seclusion and vibrant community living. With an incredibly low HOA fee of just $108.33 per month, covering water, sewer, and lawn maintenance, this home provides affordable, maintenance-free lakeside living. This move-in ready home is designed for rest, relaxation, and socializing. There is also a storage area at the back of the community for additional parking, boat and rv storage. Call today for your private showing or to learn more about this fantastic opportunity.
Property details
- Type
- ManufacturedHome
- Year built
- 1987
- Interior
- 750 sqft
- Lot size
- 2,265.12 sqft
- Acreage
- 0.05 acres
- Garage
- None
- Days on market
- 299
- Total association fees
- $1,296/yr (~$108/mo)
- CDD
- None
- Est. taxes (1.4%)
- $2,169/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- None listed
- Exposure
- North
- 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
- Call, Conditional
- 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.
We rate a home against recently SOLD homes within ~1 mile that match on size, beds/baths, and age. This home doesn't have enough close comparables in the last 12 months for a reliable read, ask Rick for a personalized CMA.
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Your notes on this home
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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 |
|---|---|---|---|---|---|
| 7225 Buchanan Road | Dec 2025 | $148,000 | 2/1 | 806 | $184 |
| 17421 Birchwood Lane 3 | Feb 2026 | $128,000 | 2/2 | 869 | $147 |
| Average | 2 comps | $138,000 | $166 |
Market trends, Fort Myers
Median of closed MLS sales each month over the available window. Months with too few sales are omitted; the range extends automatically as more sales close.
Live area medians from the MLS · see all listings. Indicative, not an appraisal.
Price & status history
Down $25,000 (13.9%) from the original list price.
| Aug 4, 2026 | Price reducedfrom $164,900 | $154,900 |
| Oct 9, 2025 | Listed | $179,900 |
The good, the trade-offs & the location
- Waterfront
- Built 1987 — 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
- 55+ age-restricted community
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.