$149,000
2 Bed Waterfront Home for Sale in Schooner Bay
3490 N Key Drive 209, North Fort Myers, FL, 33903
About this home
Welcome to Schooner Bay, a resort-style waterfront community nestled along the scenic Caloosahatchee River. This beautifully maintained condo offers two bedrooms, with the flexible first bedroom ideal for a den, office, or guest space. Enjoy breathtaking sunset views from the comfort of your den or while relaxing on the oversized lanai, featuring large impact-resistant sliding glass doors that bring in abundant natural light. The renovated kitchen is designed for both style and function, showcasing stainless steel appliances, generous cabinet storage, and ample counter space. The open layout allows room for bar stool seating overlooking the living area, perfect for casual dining or entertaining. Storage is plentiful throughout the home, including additional cabinetry in the dining area for easy access to dinnerware and essentials. Tile flooring throughout the main living spaces makes maintenance effortless. At the end of the day, retreat to the spacious primary bedroom featuring cozy carpeting, a walk-in closet, and an updated en-suite bathroom with a beautifully tiled porcelain shower. Residents of Schooner Bay enjoy a variety of amenities in what many call North Fort Myers’ hidden gem. Conveniently located near downtown Fort Myers, shopping, waterfront dining, and just a short drive to area beaches and islands, this home offers the perfect blend of comfort, convenience, and Florida waterfront living. Make this condo your home today!
Property details
- Type
- Condominium
- Year built
- 1977
- Interior
- 1,106 sqft
- Lot size
- 26,070.66 sqft
- Acreage
- 0.60 acres
- Garage
- None
- Days on market
- 25
- Total association fees
- $9,960/yr (~$830/mo)
- CDD
- None
- Est. taxes (1.4%)
- $2,086/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- None listed
- Exposure
- West
- 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
- No
- 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 6 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 |
|---|---|---|---|---|---|
| 3490 N Key Drive 514 | May 2026 | $130,000 | 2/2 | 1,106 | $118 |
| 3460 N Key Drive 416 | Oct 2025 | $143,750 | 1/2 | 1,106 | $130 |
| 4510 N Key Drive 104 | Oct 2025 | $170,000 | 2/2 | 982 | $173 |
| 4510 N Key Drive 304 | Jul 2026 | $135,000 | 2/2 | 982 | $137 |
| 3462 Hancock Bridge Parkway 254 | Jul 2026 | $150,000 | 2/2 | 1,152 | $130 |
| 1051 Palm Avenue 117 | Aug 2026 | $139,000 | 2/2 | 1,069 | $130 |
| Average | 6 comps | $144,625 | $136 |
Market trends, Schooner Bay
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 community medians from the MLS · see all listings. Indicative, not an appraisal.
The good, the trade-offs & the location
- Waterfront
- Built 1977 — pre-2002 construction may carry older wind codes and higher insurance
- In a higher-risk flood zone (AE) — flood insurance likely required
- No garage listed
- Higher association fees (~$9,960/yr)
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.