$239,900
3 Bed Waterfront Home for Sale in Fort Myers
5490 Governors Drive, Fort Myers, FL, 33907
About this home
Beautifully Updated Home in Gated Governors Island Community! Welcome to 5490 Governors Drive, a charming 3-bedroom single story villa perfectly situated on a quiet cul-de-sac in a desirable gated community with a sparkling community pool. Step inside to find stylish vinyl plank flooring throughout, newer interior paint, and oversized baseboards that add a modern touch. This home also features accordion style shutters for hurricanes! Enjoy Florida living at its best with both a screened-in lanai and an open lanai, ideal for relaxing or entertaining guests. The home also includes accordion hurricane shutters for added peace of mind. This well-maintained property combines comfort, style, and convenience — all within a beautifully kept community setting close to Bell Tower shops, shopping, dining, and the beaches of Fort Myers. Don’t miss your chance to make this move-in-ready home yours! Schedule a showing today!
Property details
- Type
- Attached
- Year built
- 1987
- Interior
- 1,305 sqft
- Lot size
- 3,463.02 sqft
- Acreage
- 0.08 acres
- Garage
- 1 car
- Days on market
- 118
- Total association fees
- $6,660/yr (~$555/mo)
- CDD
- None
- Est. taxes (1.4%)
- $3,359/yr
- Flood zone (area est.)
- No · Low risk (X)
- Storm protection
- Shutters
- Exposure
- Southeast
- 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
- 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
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 4 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.
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Your notes on this home
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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 |
|---|---|---|---|---|---|
| 5404 Ashton Circle | Dec 2025 | $240,000 | 3/2 | 1,361 | $176 |
| 13044 Tall Pine Circle | Feb 2026 | $250,000 | 2/2 | 1,474 | $170 |
| 8607 Chatham Street | Jan 2026 | $270,000 | 2/2 | 1,200 | $225 |
| 13190 Oakmont Drive 6 | Jun 2026 | $225,000 | 2/2 | 1,332 | $169 |
| Average | 4 comps | $246,250 | $185 |
Market trends, Fort Myers
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.
Price & status history
Down $69,900 (24.1%) from the original list price.
| Mar 26, 2026 | Sold | $220,000 |
| Feb 19, 2026 | Price reducedfrom $254,900 | $239,900 |
| Oct 31, 2025 | Listed | $289,900 |
The good, the trade-offs & the location
- Lower flood risk (zone X)
- Waterfront
- Storm protection: Shutters
- Built 1987 — pre-2002 construction may carry older wind codes and higher insurance
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.