$399,000
2 Bed SingleFamilyResidence for Sale in Fort Myers
16890 Banyon Drive, Fort Myers, FL, 33908
About this home
Rare opportunity to own land with NO HOA and NO lot fees in the highly desirable Cottage Point area — just 5 minutes to the Sanibel Causeway, a few miles to Fort Myers Beach, and close to the popular Punta Rassa public boat launch. Properties offering this level of location, flexibility, and land ownership this close to the water are becoming increasingly rare. Perfect for boaters, investors, and coastal lifestyle buyers, this property offers the freedom to park boats, RVs, trailers, and recreational toys on your own land — with quick access to Gulf waters via nearby Punta Rassa boat launch, a major advantage in this sought-after beach corridor. This 2-bedroom + den, 1-bath home features a bright open living and dining area filled with natural light. Sliding glass doors lead to a covered front porch shaded by a beautiful mature tree, creating the perfect place to relax after a day on the water. Major improvements already completed include a newer roof, newer HVAC system, tankless water heater, and privacy fence, providing added value and peace of mind. Additional highlights include an oversized single-car garage with workshop space, an extended driveway with ample parking, and approximately 1,600 square feet of paved backyard space, ideal for entertaining, cookouts, or storing recreational equipment. Whether you're looking for a primary residence, seasonal retreat, or investment property near the beach, this opportunity delivers location, freedom, and long-term value. Well-priced opportunities this close to Sanibel and Fort Myers Beach rarely become available. Schedule your showing today — Text Me before it’s gone.
Property details
- Type
- SingleFamilyResidence
- Year built
- 1975
- Interior
- 1,008 sqft
- Lot size
- 6,534 sqft
- Acreage
- 0.15 acres
- Garage
- 1 car
- Days on market
- 161
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $5,586/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- None listed
- Exposure
- West
- Waterfront
- No
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- No
- Spa
- No
- Natural gas
- No
- Water
- Public
- Sewer
- Public Sewer
- New construction
- No
- Pets
- Yes
- County
- Lee
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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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 |
|---|---|---|---|---|---|
| 15497 Copra Lane | Oct 2025 | $300,000 | 2/2 | 1,208 | $248 |
| 18048 San Carlos Boulevard 148 | Apr 2026 | $310,000 | 2/2 | 1,101 | $282 |
| Average | 2 comps | $305,000 | $265 |
Market trends, Cottage Point
Live community medians from the MLS · see all listings. Indicative, not an appraisal.
Price & status history
Up $49,100 (14%) from the original list price.
| Aug 12, 2026 | Price increasedfrom $345,000 | $399,000 |
| Mar 6, 2026 | Listed | $349,900 |
The good, the trade-offs & the location
- Built 1975 — pre-2002 construction may carry older wind codes and higher insurance
- In a higher-risk flood zone (AE) — flood insurance likely required
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.