3 Bed SingleFamilyResidence for Sale in Waterway Estates
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For SaleMLS# 2026021451

$284,000

3 Bed SingleFamilyResidence for Sale in Waterway Estates

1763 Inlet Drive, North Fort Myers, FL, 33903

3 beds2 baths1,704 sqft1 garage
Gated

About this home

This Mid Century Modern home has been remodeled and updated. It is located in the Waterway Estates neighborhood one block from a new planned marina development and suffered zero storm damage. The home has never been flooded and features an open floor plan with 3 bedrooms, 2 baths, sunroom, laundry room, metallic epoxy floors & one and half car garage. The huge kitchen has multi tone cabinets, double oven, farm sink, stainless appliances and the original "Westinghouse" chrome knob cooktop. Gutted in 2015 down to the studs, remodel included new drywall, electrical with 200 amp panel, plumbing, duct work, insulation, kitchen, bathrooms, floors & top of the line PGT wingard impact windows. This home receives the best wind mitigation discount and is very energy efficient. In 2023 improvements include new roof, ac unit, hot water heater, brick paver driveway, incoming water main replaced and the sewer main was re-lined with an epoxy coating system. The large back lawn is fenced and very private. Pad with 110 jet spa is included for your relaxation. Schedule your appointment now as this home is truly special and will only appreciate in value.

Property details

Type
SingleFamilyResidence
Year built
1962
Interior
1,704 sqft
Lot size
8,886.24 sqft
Acreage
0.20 acres
Garage
1 car
Days on market
75
Total association fees
None
CDD
None
Est. taxes (1.4%)
$3,976/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
Impact Windows/Doors
Exposure
South
Waterfront
No
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
Yes
Natural gas
No
Water
Assessment Paid
Sewer
Assessment Unpaid
New construction
No
Pets
Yes
County
Lee

Amenities

SeeRemarks

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.

Below marketThis home is priced below comparable recent sales, a potential value.
This home
$167/sqft
Comp median
$192/sqft
Difference
-13%

Based on the $/sqft of 8 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
4301 Orange Grove BoulevardJan 2026$260,0003/21,641$158
4291 Orange Grove BoulevardAug 2026$309,9003/21,576$197
1654 Mansville TerraceJul 2026$272,0003/21,802$151
2313 SE 8th TerraceApr 2026$355,0003/21,903$187
2219 SE 8th StreetMay 2026$290,0003/21,659$175
2216 SE 8th TerraceFeb 2026$345,0003/21,692$204
Average6 comps$305,317$179

Market trends, Waterway Estates

Median list
$375,000
Median $/sqft
$268
Median sold (90d)
$430,000
Avg days on market
138
Active listings
15
Median sold price · Waterway Estates
$430,000last 3 months13.2% vs $380,000 prior 3 months

Live community medians from the MLS · see all listings. Indicative, not an appraisal.

Price & status history

Down $15,000 (5%) from the original list price.

Aug 13, 2026Price reducedfrom $299,000$284,000
May 30, 2026Listed$299,000

The good, the trade-offs & the location

Pros
  • Storm protection: Impact Windows/Doors
Consider
  • Built 1962 — pre-2002 construction may carry older wind codes and higher insurance
  • In a higher-risk flood zone (AE) — flood insurance likely required
Location convenienceHigh
Hospital
2.1 mi
Cape Coral Hospital
Beach
13.2 mi
Fort Myers Beach
Airport
4.8 mi
Page Field (Fort Myers)
Shopping
1.9 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.