$449,999
3 Bed 2 Bath Pool Waterfront SingleFamilyResidence for Sale in WATERWAY ESTATES, FL
4340 S Canal Circle, North Fort Myers, FL, 33903
About this home
2.65% Assumable Loan + Direct Gulf Access + Heated Pool! This is more than a home—it’s a lifestyle. Tucked away at the silent end of a cul-de-sac, this charming 3-bedroom, 2-bath canal-front pool home offers the cheapest price per square foot for direct water access in Waterway Estates—hands down. With a heated private pool, new 2023 roof, and direct Gulf access just 120 seconds from the Caloosahatchee River, this is a rare opportunity you won’t find again. Even better, the seller is offering the option to include a 38’ Gulfstar Motor Cruiser (2 cabins, 2 heads, with a tub, tax-exempt)—the ultimate waterfront lifestyle package. Inside, you’ll find a spacious great room floor plan with cathedral ceilings, tile flooring throughout, and abundant natural light. The kitchen and dining areas flow seamlessly into the living space, while the primary suite features dual sinks and private access to the screened lanai overlooking the pool and water. Step outside and enjoy your own private retreat with a covered patio, private dock, and concrete seawall—perfect for boating, fishing, or watching spectacular sunsets over the canal. With no HOA fees, a 1-car garage plus extra parking, central heating and cooling, and available community boat storage, this home blends everyday comfort with true Florida freedom. Ideally located near shopping, dining, and Downtown Fort Myers, this move-in ready home is perfect as a full-time residence, seasonal escape, or investment opportunity.
Property details
- Type
- SingleFamilyResidence
- Year built
- 1962
- Interior
- 1,635 sqft
- Lot size
- 7,579.44 sqft
- Acreage
- 0.17 acres
- Garage
- 1 car
- Days on market
- 44
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $6,300/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- None listed
- Exposure
- East
- Waterfront
- Yes
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- Yes
- Spa
- No
- Natural gas
- No
- Water
- Assessment Paid
- Sewer
- Assessment Paid
- New construction
- No
- Pets
- Yes
- County
- Lee
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 7 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 |
|---|---|---|---|---|---|
| 1691 Lakeside Terrace | Feb 2026 | $480,000 | 3/2 | 1,450 | $331 |
| 4530 W Coral Circle | Nov 2025 | $554,900 | 3/2 | 1,579 | $351 |
| 4632 Gulf Avenue | Jul 2026 | $420,000 | 3/2 | 1,800 | $233 |
| 2303 SE 3rd Street | Dec 2025 | $344,500 | 3/2 | 1,497 | $230 |
| 2216 SE 8th Terrace | Feb 2026 | $345,000 | 3/2 | 1,692 | $204 |
| 2129 SE 6th Lane | Feb 2026 | $340,000 | 4/2 | 1,650 | $206 |
| Average | 6 comps | $414,067 | $259 |
Market trends — Waterway Estates
Live community medians from the MLS · see all listings. Indicative, not an appraisal.
Price & status history
Down $15,000 (3.3%) from the original list price.
| Mar 27, 2026 | Sold | $435,000 |
| Sep 23, 2025 | Price reducedfrom $450,000 | $449,999 |
| Sep 23, 2025 | Listed | $450,000 |
The good, the trade-offs & the location
- Private pool
- Waterfront
- Built 1962 — pre-2002 construction may carry older wind codes and higher insurance
- In a higher-risk flood zone (AE) — flood insurance likely required
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.