$128,000
1 Bed Waterfront Home for Sale in Schooner Bay
3490 N Key Drive 403, North Fort Myers, FL, 33903
About this home
Discover the Florida dream lifestyle in this 1-bedroom waterfront condo at Schooner Bay, North Fort Myers’ hidden gem along the beautiful Caloosahatchee River. Enjoy calming river views and the peaceful sound of trees whispering in the breeze. Spend your days relaxing at the community pool and spa, staying active in the fitness center, or enjoying breathtaking sunsets from the fishing pier. The community also features shuffleboard courts, a mature landscaped courtyard with gazebo, and so much more. Located just minutes from downtown Fort Myers, with easy access to shopping, dining, and entertainment. This condo has provided years of serenity and enjoyment to its current owner. Now it’s ready for you to make it your own. Add your personal touch and start living the waterfront lifestyle you’ve always dreamed of!
Property details
- Type
- Condominium
- Year built
- 1977
- Interior
- 840 sqft
- Lot size
- 26,070.66 sqft
- Acreage
- 0.60 acres
- Garage
- None
- Days on market
- 222
- Total association fees
- $9,336/yr (~$778/mo)
- CDD
- None
- Est. taxes (1.4%)
- $1,792/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- None listed
- Exposure
- West
- 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 |
|---|---|---|---|---|---|
| 3490 N Key Drive 301 | Jul 2026 | $120,000 | 1/1 | 840 | $143 |
| 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 |
| 3326 N Key Drive 5 | Jul 2026 | $115,000 | 2/1 | 791 | $145 |
| Average | 4 comps | $128,538 | $152 |
Market trends, Schooner Bay
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 community medians from the MLS · see all listings. Indicative, not an appraisal.
Price & status history
Down $10,000 (7.2%) from the original list price.
| Apr 29, 2026 | Price reducedfrom $138,000 | $128,000 |
| Oct 30, 2025 | Listed | $138,000 |
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.