$385,000
2 Bed Waterfront Home for Sale in Marina Bay
12029 Five Waters Circle, Fort Myers, FL, 33913
About this home
This stunning two-bedroom, two-bath villa with a den is located at 12029 Five Waters Cir in the gated community of Marina Bay, Fort Myers. Set on one of the most serene lots, it offers tranquil water views and a peaceful, resort-like atmosphere. Spanning approximately 1,857 square feet and built in 2015, the home boasts soaring 10-foot ceilings with crown molding, a raised tray ceiling in the primary bedroom, 2026 central air conditioning , and multiple walk-in closets. Enjoy Marina Bay’s premium amenities, including a resort-style pool with beach entry, lap pool, clubhouse with fitness center, tennis and pickleball courts, basketball court, playground, and more—all in a secure, Mediterranean-inspired neighborhood.
Property details
- Type
- Attached
- Year built
- 2015
- Interior
- 1,857 sqft
- Lot size
- 4,748.04 sqft
- Acreage
- 0.11 acres
- Garage
- 2 car
- Days on market
- 144
- Total association fees
- $4,788/yr (~$399/mo)
- CDD
- Yes
- Est. taxes (1.4%)
- $5,390/yr
- Flood zone (area est.)
- No · Low risk (X)
- Storm protection
- None listed
- Exposure
- Northeast
- 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
- Yes
- 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 3 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.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 12027 Lakewood Preserve Place | Jan 2026 | $420,000 | 3/2 | 1,857 | $226 |
| 11899 Lakewood Preserve Place | Oct 2025 | $420,000 | 2/2 | 2,023 | $208 |
| 10486 Winged Elm Lane | Sep 2025 | $344,000 | 3/2 | 1,667 | $206 |
| Average | 3 comps | $394,667 | $213 |
Market trends, Fort Myers
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 $30,000 (7.2%) from the original list price.
| Jul 11, 2026 | Price reducedfrom $399,000 | $385,000 |
| Mar 25, 2026 | Listed | $415,000 |
The good, the trade-offs & the location
- Built 2015 — post-2002 Florida wind codes (typically lower insurance)
- Lower flood risk (zone X)
- Waterfront
- 2-car garage
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.