1 Bed Waterfront Home for Sale in Schooner Bay Columbia
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For SaleMLS# 2026037005

$185,000

1 Bed Waterfront Home for Sale in Schooner Bay Columbia

3490 N Key Drive 505, North Fort Myers, FL, 33903

1 beds2 baths1,106 sqft
GatedFitness CenterClubhouseCommunity PoolWaterfront

About this home

Come take a look at this wonderful furnished penthouse level view home at Columbia at Schooner Bay. This well maintained beauty has river views from the living room, dining room, kitchen and main bedroom suite. It's approx. 1106 Sq. ft. of well thought out living space with a huge 1 bedroom suite and an open den with a sleeper sofa for guests as well as a hall bath. The hall bath has been completely redone and the main suites bath has been updated with a new shower with sprayer faucet, stone look waterfall tile, shampoo niches, a fold down seat and heavy duty frameless glass doors. Beautiful, but not as beautiful as the large open living room and dining room with those river views. Step outside and enjoy the views from the balcony as well. Inside you'll find easy maintenance light wood look laminate floors everywhere except the kitchen and baths that are ceramic tile. The amenities here are amazing and the association has already completed and funded its Milestone inspection and Structural Integrity Reserve Study, the two items to look for when buying a condo. Now it's time to sit back and enjoy this resort style lifestyle that will make you question what took you so long to get here.

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
0
Total association fees
$9,960/yr (~$830/mo)
CDD
None
Est. taxes (1.4%)
$2,590/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
Assessment Paid
Sewer
Assessment Paid
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

AssociationManagementInsuranceInternetIrrigationWaterPestControlRecreationFacilitiesReserveFundRoadMaintenanceSewerStreetLightsSecurityTrashWater

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

Amenities

BilliardRoomBilliardsClubhouseFitnessCenterPoolShuffleboardCourtSaunaSidewalksTrash

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
$167/sqft
Comp median
$164/sqft
Difference
+2%

Based on the $/sqft of 9 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.

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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.

AddressSoldSold priceBeds/BathsSq ft$/sqft
3460 N Key Drive 416Oct 2025$143,7501/21,106$130
4510 N Key Drive 604Feb 2026$219,9002/2982$224
4510 N Key Drive 104Oct 2025$170,0002/2982$173
4510 N Key Drive 503Mar 2026$224,9002/2982$229
4510 N Key Drive 204Jul 2026$225,0002/21,058$213
3358 N Key Drive 2Aug 2026$175,0002/21,200$146
Average6 comps$193,092$186

Market trends, Schooner Bay

Median list
$249,950
Median $/sqft
$217
Median sold (90d)
$280,000
Avg days on market
108
Active listings
26
Median sold price · Schooner Bay
$280,000last 3 months12.5% vs $320,000 prior 3 months
Median closed price by month · Schooner Bay
61.5% MoM
$188k$360k$532kFeb ’26Jul ’26
$187,500Jul ’26 · 6 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.

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
  • Higher association fees (~$9,960/yr)
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.

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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.