2 Bed Waterfront Home for Sale in Shipyard Villas
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For SaleMLS# 2025014119

$300,000

2 Bed Waterfront Home for Sale in Shipyard Villas

3347 N Key Drive 36, North Fort Myers, FL, 33903

2 beds2.5 baths1,112 sqft
BoatingCommunity PoolWaterfront

About this home

BOATER’S PARADISE TOWNHOME with SPECTACULAR WATER VIEWS . . . This 2-story FL Keys style townhome offers breathtaking water views and direct access to the Caloosahatchee River. The first floor’s open plan with new flooring features an eat-in kitchen with a pass-thru bar, a spacious dining/living area, a guest bathroom, and under-stairs storage. Sliding glass doors lead to a screened lanai overlooking tranquil water views and active local wildlife. Upstairs, the ensuite main bedroom includes dual reach-in closets, while the second bedroom is located on the opposite end of the hallway, separated by a full bathroom, a linen closet, and a laundry closet. The second floor and stairs are carpeted. Enjoy the community cabana with covered eating area, heated pool with sun deck, BBQ grill, and marina boat docks. The Shipyard Villas are situated on a 200' deep-water canal with close proximity to the Caloosahatchee River—perfect for navigating to the Gulf of Mexico or through the locks upriver to the Atlantic Ocean (boat docks are first-come, first-serve, accommodating boats up to 44’ x 14.5’ x 6’, with water and limited electricity available). This prime location is within walking distance to Marinatown and close to downtown Fort Myers, just minutes from shopping, dining, banking, and major highways (US 41, I-75). It’s also convenient to Fort Myers and Sanibel Island beaches and served by SWFL International Airport and Punta Gorda Airport. During season, a free trolley provides service to the revitalized river district of downtown Fort Myers. This townhome is partially furnished and has been pre-vetted by a mortgage company.

Property details

Type
Condominium
Year built
2003
Interior
1,112 sqft
Lot size
5,192.352 sqft
Acreage
0.12 acres
Garage
None
Days on market
239
Total association fees
$9,500/yr (~$792/mo)
CDD
None
Est. taxes (1.4%)
$4,200/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
Shutters
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
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

AssociationManagementInsuranceIrrigationWaterLegalAccountingMaintenanceGroundsMaintenanceStructureReserveFundTrashWater

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

Amenities

BoatDockMarinaBarbecuePicnicAreaPoolBoatSlipManagement

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
$270/sqft
Comp median
$240/sqft
Difference
+13%

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
4510 N Key Drive 204Jul 2026$225,0002/21,058$213
8150 Cleaves RoadNov 2025$302,5003/21,260$240
950 Moody Road 111Mar 2026$235,0002/21,225$192
421 Cross StreetAug 2026$339,0003/21,092$310
467 Stipe StreetApr 2026$350,0003/21,216$288
Average5 comps$290,300$249

Market trends, North Fort Myers

Median list
$275,000
Median $/sqft
$180
Median sold (90d)
$279,983
Avg days on market
91
Active listings
641
Median sold price · North Fort Myers
$275,000last 3 months8.3% vs $299,900 prior 3 months
Median closed price by month · North Fort Myers
0.7% MoM3.5% YoY
$240k$284k$329kJul ’25Aug ’26
$279,983Aug ’26 · 69 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.

The good, the trade-offs & the location

Pros
  • Built 2003 — post-2002 Florida wind codes (typically lower insurance)
  • Gulf access (Direct — no bridges)
  • Storm protection: Shutters
Consider
  • In a higher-risk flood zone (AE) — flood insurance likely required
  • No garage listed
  • Higher association fees (~$9,500/yr)
Location convenienceHigh
Hospital
4 mi
Cape Coral Hospital
Beach
14.8 mi
Fort Myers Beach
Airport
5.2 mi
Page Field (Fort Myers)
Shopping
3.3 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.