1 Bed Waterfront Home for Sale in Schooner Bay
1 / 50
▶ View Virtual Tour
SoldMLS# 2026010562

$135,000

1 Bed Waterfront Home for Sale in Schooner Bay

3490 N Key Drive 301, North Fort Myers, FL, 33903

1 beds1.5 baths840 sqft
Fitness CenterClubhouseCommunity PoolWaterfront

About this home

Peaceful gated community on Peninsula. This fully furnished 1 bedroom, 1.5 bath sits on North Fort Myers Caloosahatchee river. Association Dues includes Internet, Cable TV, Water, Trash, Pest Control. Resort like feel with amenities of Heated Pool, Pier, River Fishing, Pond, Clubhouse, Community Kitchen, Pool bathrooms with showers and new saunas, Fitness Center, Game Room with Billiards/Poker/Darts/Table Shuffleboard, Cornhole Area, Hobby Room, Library, Happy Hour Area, Barbecue Area, Picnic Areas, Bike Storage, Vehicle Wash Area, Lots of community events during high season. Large king size bed, end tables and dressers. Travertine dining table with chrome leather chairs. Italian leather L shape couch. Electric fireplace. Full size front load washer and dryer. Ample storage throughout, featuring three full-size bedroom closets, two hall closets, a dedicated patio storage closet, and expansive cabinetry in the kitchen. Close to many restaurants in Marina Town. The waterfront view is amazing on your screened in Lani. Watch and listen to the Dolphins. This unit in Schooner Bay has a private balcony so you don't see your neighbors and they don't see you. Amazing sunsets. A place for peace and serenity.

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
115
Total association fees
$8,760/yr (~$730/mo)
CDD
None
Est. taxes (1.4%)
$1,890/yr
Flood zone (area est.)
No · Low risk (X)
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

AssociationManagementCableTvInsuranceIrrigationWaterLegalAccountingMaintenanceGroundsMaintenanceStructurePestControlRecreationFacilitiesReserveFundRoadMaintenanceSewerStreetLightsSecurityTrashWater

What the association dues cover, per the MLS. Confirm the full schedule with the HOA.

Amenities

BilliardRoomBilliardsBikeStorageClubhouseFitnessCenterHobbyRoomLibraryBarbecuePicnicAreaPierPoolSaunaSidewalksTrashVehicleWashArea

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.

At marketThis home is priced in line with comparable recent sales.
This home
$161/sqft
Comp median
$161/sqft
Difference
0%

Based on the $/sqft of 4 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.

Seeing several homes? Build a tour and we'll route it for you.

Your notes on this home

Keep private notes on this home, what you love, what to ask about, saved to your account and shared with your agent.

Recently sold nearby

Closed comparable sales within ~1 mile in the last 12 months, similar price, size, beds/baths, and age.

AddressSoldSold priceBeds/BathsSq ft$/sqft
3460 N Key Drive 301Oct 2025$149,0001/1840$177
4510 N Key Drive 304Jul 2026$135,0002/2982$137
3340 N Key Drive B1May 2026$144,1502/1791$182
3326 N Key Drive 5Jul 2026$115,0002/1791$145
Average4 comps$135,788$160

Market trends, Schooner Bay

Median list
$350,000
Median $/sqft
$236
Median sold (90d)
$296,000
Avg days on market
84
Active listings
39
Median sold price · Schooner Bay
$296,000last 3 months15.4% vs $350,000 prior 3 months
Median closed price by month · Schooner Bay
53.8% MoM
$225k$379k$532kFeb ’26Jul ’26
$225,000Jul ’26 · 5 sales

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 $40,000 (25%) from the original list price.

Jul 21, 2026Sold$120,000
Jun 21, 2026Price reducedfrom $136,000$135,000
Apr 27, 2026Back on market
Mar 2, 2026Listed$160,000

The good, the trade-offs & the location

Pros
  • Lower flood risk (zone X)
  • Waterfront
Consider
  • Built 1977 — pre-2002 construction may carry older wind codes and higher insurance
  • No garage listed
Location convenienceHigh
Hospital
3.7 mi
Cape Coral Hospital
Beach
14.6 mi
Fort Myers Beach
Airport
5.2 mi
Page Field (Fort Myers)
Shopping
3.1 mi
Coralwood / Merchants Crossing (Cape)

Straight-line distances to major SWFL amenities, approximate; actual drive times vary.

Loading map…

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.