2 Bed Waterfront Home for Sale in Morse Shores
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SoldMLS# 2025018804

$299,900

2 Bed Waterfront Home for Sale in Morse Shores

289 Coral Drive, Fort Myers, FL, 33905

2 beds2 baths1,166 sqft
GatedBoatingWaterfront

About this home

Welcome to your Gulf access retreat in the Morse Shores community of Fort Myers! This updated 2-bedroom, 2-bath home sits on a direct-access canal just minutes to the Caloosahatchee River—no bridges. Cruise upriver to Lake Okeechobee and the east coast, or head south toward Fort Myers Beach, Sanibel, Captiva, and the Gulf. The home features a remodeled kitchen with newer appliances, updated baths, and a convenient in-home washer and dryer. Exterior highlights include a circular driveway, carport, and detached utility/work shed for storage or hobbies. Centrally located with quick access to I-75, shopping, and dining. Great opportunity for a homeowner who wants to enjoy boating access or for investors—use as-is, rent, or consider building new. The possibilities are endless!

Property details

Type
SingleFamilyResidence
Year built
1957
Interior
1,166 sqft
Lot size
11,499.84 sqft
Acreage
0.26 acres
Garage
None
Days on market
15
Total association fees
None
CDD
None
Est. taxes (1.4%)
$4,199/yr
Flood zone (area est.)
No · Low risk (X)
Storm protection
None listed
Exposure
North
Waterfront
Yes
Gulf access
Yes
Gulf access type
Direct — no bridges
Pool
No
Spa
No
Natural gas
No
Water
Public
Sewer
Public Sewer
New construction
No
Pets
Yes
County
Lee

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.

Above marketThis home is priced above comparable recent sales.
This home
$257/sqft
Comp median
$213/sqft
Difference
+21%

Based on the $/sqft of 5 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.

AddressSoldSold priceBeds/BathsSq ft$/sqft
235 Maine AvenueMar 2026$230,0003/21,092$211
261 Kingston DriveOct 2025$250,0003/11,084$231
31 Channel LaneApr 2026$235,0002/2990$237
355 Kingston DriveJan 2026$242,5003/11,224$198
339 Shoreland DriveDec 2025$260,0002/21,221$213
Average5 comps$243,500$218

Market trends, Fort Myers

Median list
$320,000
Median $/sqft
$210
Median sold (90d)
$330,000
Avg days on market
96
Active listings
2,474
Median sold price · Fort Myers
$334,950last 3 months0% vs $335,000 prior 3 months
Median closed price by month · Fort Myers
4.5% MoM0% YoY
$319k$349k$380kJul ’25Sep ’26
$350,000Sep ’26 · 77 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 area medians from the MLS · see all listings. Indicative, not an appraisal.

Price & status history

Down $2,900 (1%) from the original list price.

Dec 23, 2025Sold$297,000
Nov 20, 2025Back on market
Nov 7, 2025Listed$299,900

The good, the trade-offs & the location

Pros
  • Lower flood risk (zone X)
  • Gulf access (Direct — no bridges)
Consider
  • Built 1957 — pre-2002 construction may carry older wind codes and higher insurance
  • No garage listed
Location convenienceHigh
Hospital
9.5 mi
Cape Coral Hospital
Beach
18.7 mi
Fort Myers Beach
Airport
8 mi
Page Field (Fort Myers)
Shopping
7.4 mi
Edison Mall (Fort Myers)

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.