$475,000
2 Bed Waterfront Home for Sale in Marina Bay, FL, $475,000
11957 Five Waters Circle, Fort Myers, FL, 33913
About this home
Thoughtfully designed and picturesque lake views set the stage for this beautifully appointed villa in the sought-after gated community of Marina Bay. Tastefully decorated with two bedrooms plus a den, a formal dining room, and an open-concept floor plan, the residence showcases designer finishes, custom wall molding, soaring tray ceilings, crown molding, and seamless indoor-outdoor living enhanced by an extended lanai with panoramic-screen, overlooking tranquil long lake views. The gourmet kitchen features quartz countertops, stainless steel appliances, stylish subway tile backsplash, abundant cabinetry, and breakfast bar seating. A formal dining room offers an exquisite for hosting elegant gatherings, while the versatile den provides exceptional flexibility as a home office, media room, or guest retreat. The private primary suite overlooks the lake and features two walk-in closets and an ensuite bath with dual vanities and a large shower. The spacious lanai offers tranquil long lake views with minimal visual obstruction, creating an exceptional outdoor living space for morning coffee, evening cocktails, or simply unwinding while enjoying Southwest Florida's beautiful weather. Marina Bay offers a resort-inspired lifestyle with a clubhouse, resort-style pool, lap pool, state-of-the-art fitness center, indoor sports court, tennis, pickleball, basketball, billiards, aerobics studio, playground, splash pad, and an active calendar of social events. Ideally located near Southwest Florida International Airport, Gulf Coast Town Center, Florida Gulf Coast University, Topgolf, exceptional shopping and dining, and the area's beautiful Gulf beaches, this home offers the perfect combination of luxury, convenience, and an exceptional location.
Property details
- Type
- Attached
- Year built
- 2015
- Interior
- 1,857 sqft
- Lot size
- 5,445 sqft
- Acreage
- 0.13 acres
- Garage
- 2 car
- Days on market
- 0
- Total association fees
- $4,716/yr (~$393/mo)
- CDD
- Yes
- Est. taxes (1.4%)
- $6,650/yr
- Flood zone (area est.)
- No · Low risk (X)
- Storm protection
- None listed
- Exposure
- Southeast
- 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
- Call, Conditional
- 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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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 |
|---|---|---|---|---|---|
| 10878 Dennington Road | Jul 2026 | $540,000 | 2/2 | 1,969 | $274 |
| 11899 Lakewood Preserve Place | Oct 2025 | $420,000 | 2/2 | 2,023 | $208 |
| 12027 Lakewood Preserve Place | Jan 2026 | $420,000 | 3/2 | 1,857 | $226 |
| Average | 3 comps | $460,000 | $236 |
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.
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.