3 Bed Waterfront Home for Sale in Fort Myers
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SoldMLS# 2025019872

$245,000

3 Bed Waterfront Home for Sale in Fort Myers

4520 E Riverside Drive, Fort Myers, FL, 33905

3 beds2 baths1,916 sqft2 garage
GatedBoatingWaterfront

About this home

Direct access at a discount! .35 acres of opportunity can be found 4520 E Riverside Drive. Gutted clean and ready for a fresh new look, this house and lot is limited only to your imagination. A great in-tact seawall, solid concrete dock, and less than a 2-minute ride into open waters says boaters will love the potential here. Just on the corner of an HOA and fee free private boating community. Plus, you're just up the road from downtown Fort Myers dining and shopping alike. Working with a 3-bedroom 2-bathroom split bedroom layout, close to 2000 sqft and more than enough room for screened in lanai / pool, the options are endless to set up your dream home. For those waiting and waiting for the perfect home to appear, DON'T. You can create yours right here just as you like it, at a fraction of the cost.

Property details

Type
SingleFamilyResidence
Year built
1979
Interior
1,916 sqft
Lot size
15,246 sqft
Acreage
0.35 acres
Garage
2 car
Days on market
25
Total association fees
None
CDD
None
Est. taxes (1.4%)
$3,430/yr
Flood zone (area est.)
Yes · High risk (VE)
Storm protection
None listed
Exposure
South
Waterfront
Yes
Gulf access
Yes
Gulf access type
Direct — no bridges
Pool
No
Spa
No
Natural gas
No
Water
Assessment Paid
Sewer
Assessment Paid
New construction
No
Pets
Yes
County
Lee

Amenities

PierSeeRemarksStorage

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
$128/sqft
Comp median
$139/sqft
Difference
-8%

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.

AddressSoldSold priceBeds/BathsSq ft$/sqft
330 Shore DriveAug 2025$300,0003/21,736$173
6740 Blake Pledger CourtJun 2026$260,0003/22,076$125
3516 E Riverside DriveFeb 2026$225,0004/31,830$123
4547 Orange Tree CourtSep 2025$295,0003/21,942$152
Average4 comps$270,000$143

Market trends, Fort Myers

Median list
$324,900
Median $/sqft
$211
Median sold (90d)
$330,000
Avg days on market
97
Active listings
2,537
Median sold price · Fort Myers
$332,000last 3 months2.2% vs $325,000 prior 3 months
Median closed price by month · Fort Myers
5.1% MoM1.5% YoY
$319k$349k$380kJul ’25Aug ’26
$335,000Aug ’26 · 150 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 area medians from the MLS · see all listings. Indicative, not an appraisal.

Price & status history

Down $35,000 (14.3%) from the original list price.

Jan 5, 2026Sold$210,000
Nov 11, 2025Listed$245,000

The good, the trade-offs & the location

Pros
  • Gulf access (Direct — no bridges)
  • 2-car garage
Consider
  • Built 1979 — pre-2002 construction may carry older wind codes and higher insurance
  • In a higher-risk flood zone (VE) — flood insurance likely required
Location convenienceHigh
Hospital
8.3 mi
Cape Coral Hospital
Beach
17.7 mi
Fort Myers Beach
Airport
7 mi
Page Field (Fort Myers)
Shopping
6.3 mi
Edison Mall (Fort Myers)

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.