2 Bed Waterfront Home for Sale in Schooner Bay
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For SaleMLS# 2026036258

$245,000

2 Bed Waterfront Home for Sale in Schooner Bay

3490 N Key Drive 212, North Fort Myers, FL, 33903

2 beds2 baths1,106 sqft
GatedFitness CenterClubhouseCommunity PoolWaterfront

About this home

Carefree Waterfront Living at Schooner Bay — Fully Renovated & Move-In Ready Wake up to river views and end your day with unforgettable sunsets over the Caloosahatchee. This fully renovated, furnished unit at Schooner Bay blends resort-style ease with smart, worry-free ownership — everything here has already been done for you. Step inside to a flexible formal dining area that flows into a bright great room and out to your private lanai. The kitchen is a showstopper: soft-close upgraded cabinetry, quartz countertops, under- and in-cabinet lighting, and brand-new appliances (2025) with comfortable counter seating. New hydro-cork plank flooring runs throughout, complemented by stylish shiplap accents in the living space and bedrooms. The main suite overlooks the lake and fountain, with a barn-door walk-in closet and an updated private bath. The second bedroom offers a wide closet and its own lanai access — ideal for guests or a home office. Peace of mind, built in: A/C (2021), water heater (2016), microwave (2025), and dishwasher (2026) are all recently updated, so major systems are handled for years to come. A deeded carport with storage keeps your vehicle protected and your gear organized. Financially sound and future-ready: Schooner Bay has already completed and funded its Milestone Inspection and Structural Integrity Reserve Study (SIRS) — the two items buyers are most cautious about in today's condo market — giving you confidence there are no looming surprises. Association dues cover water, sewer, cable, internet, insurance, flood insurance, reserves, and grounds/building maintenance, making monthly budgeting simple and predictable. Live the lifestyle: Enjoy a heated pool and waterfall lake view, billiards/game room, fitness center with separate men's and women's saunas, a large community room, shuffleboard and a quiet gathering space — all just steps from your door. You're only 6 minutes from the Fort Myers River District for dining, shopping, and entertainment, with a free seasonal trolley connecting North Fort Myers to Downtown daily. This is truly carefree Florida living — beautifully updated, financially secure, and ready for its next owner.

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
0
Total association fees
$9,960/yr (~$830/mo)
CDD
None
Est. taxes (1.4%)
$3,430/yr
Flood zone (area est.)
No · Low risk (X)
Storm protection
Impact Windows/Doors
Exposure
South
Waterfront
Yes
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
Assessment Paid
Sewer
Assessment Paid
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

CableTv

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

Amenities

BilliardRoomBilliardsClubhouseFitnessCenterPoolShuffleboardCourtSaunaSidewalksManagement

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.

At marketThis home is priced in line with comparable recent sales.
This home
$222/sqft
Comp median
$224/sqft
Difference
-1%

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.

AddressSoldSold priceBeds/BathsSq ft$/sqft
4510 N Key Drive 604Feb 2026$219,9002/2982$224
4510 N Key Drive 503Mar 2026$224,9002/2982$229
4510 N Key Drive 204Jul 2026$225,0002/21,058$213
Average3 comps$223,267$222

Market trends, Schooner Bay

Median list
$250,000
Median $/sqft
$222
Median sold (90d)
$280,000
Avg days on market
111
Active listings
25
Median sold price · Schooner Bay
$268,500last 3 months21% vs $340,000 prior 3 months
Median closed price by month · Schooner Bay
61.5% MoM
$188k$360k$532kFeb ’26Jul ’26
$187,500Jul ’26 · 6 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 community medians from the MLS · see all listings. Indicative, not an appraisal.

The good, the trade-offs & the location

Pros
  • Lower flood risk (zone X)
  • Waterfront
  • Storm protection: Impact Windows/Doors
Consider
  • Built 1977 — pre-2002 construction may carry older wind codes and higher insurance
  • No garage listed
  • Higher association fees (~$9,960/yr)
Location convenienceHigh
Hospital
3.7 mi
Cape Coral Hospital
Beach
14.6 mi
Fort Myers Beach
Airport
5.2 mi
Page Field (Fort Myers)
Shopping
3.1 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.