3 Bed Pool Home for Sale in Old Pelican Bay
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For SaleMLS# 2026037597

$939,990

3 Bed Pool Home for Sale in Old Pelican Bay

12220 Siesta Drive, Fort Myers Beach, FL, 33931

3 beds3.5 baths2,884 sqft2 garage
GatedBoatingWaterfront

About this home

Owner financing available! Two deeded boat slips, exceptional Gulf access, and a very compelling pricing make this Key West-style single-family residence in gated Old Pelican Bay a rare opportunity near Fort Myers Beach. Enjoy the beach lifestyle just minutes from the sand, while avoiding the congestion, bridge crossings, and premium pricing often associated with island property. Seller financing adds even more appeal in a location where new construction now starts at approximately four times this property’s asking price! Also worth noting: A very similar residence directly across the street sold for considerably more, offering a strong nearby point of comparison. For boaters, the pairing of two deeded slips is a major advantage: a 40-foot slip with an existing boat lift, plus an additional 25-foot slip. With one of the shortest boating runs to open Gulf waters in the region, this location is especially well suited for those who want to spend more time on the water. At the property, uninterrupted mangrove scenery creates a private natural backdrop with beautiful sunset vistas, especially from the primary suite. The boat slips provide the access, while the home overlooks peaceful mangrove views and privacy. This is a true single-family residence, not a duplex or shared-wall property, giving it the independence, privacy, and lasting appeal of a detached home. The exceptionally well-maintained gated neighborhood offers modest HOA fees and a low-maintenance lifestyle ideal for easy full-time living, seasonal use, or effortless arrivals and departures. The home features a heated saltwater pool and spa beneath a two-story screened enclosure, with the pool resurfaced and a high-end marble pool deck added. The first level includes an inviting bar and adjoining bonus space opening directly to the pool area, creating an easy setting for entertaining. The second floor offers an open layout with a distinctive kitchen, large island, wine cooler, and a 22-foot-wide balcony overlooking the pool and mangroves. The entire third floor is reserved for the private primary suite, complete with an impressive bathroom and its own terrace for taking in the sunsets. A private elevator serves all floors for added convenience. Recent improvements include a brand-new metal roof, top-of-the-line AC systems, the resurfaced pool, and the marble pool deck. As Old Pelican Bay continues to grow in desirability, this property offers a chance to secure a premium location at a fraction of nearby new-construction pricing, with owner financing available to help make the opportunity even more attainable. View the virtual tour for larger-format photos, detailed floorplans, and an immersive 3D walkthrough of the full layout. Easy to see—schedule your showing today!

Property details

Type
SingleFamilyResidence
Year built
2003
Interior
2,884 sqft
Lot size
6,120.18 sqft
Acreage
0.14 acres
Garage
2 car
Days on market
0
Total association fees
$4,928/yr (~$411/mo)
CDD
None
Est. taxes (1.4%)
$13,160/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
None listed
Exposure
North
Waterfront
Yes
Gulf access
No
Gulf access type
N/A
Pool
Yes
Spa
Yes
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

AssociationManagementLegalAccountingMaintenanceGroundsPestControlReserveFund

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

Amenities

BoatDockSeeRemarksManagement

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.

Above marketThis home is priced above comparable recent sales.
This home
$326/sqft
Comp median
$262/sqft
Difference
+24%

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
16230 Bentwood Palms DriveDec 2025$785,0004/22,729$288
16025 Waterleaf LaneFeb 2026$725,0003/32,782$261
16013 Waterleaf LaneMay 2026$800,0003/33,055$262
Average3 comps$770,000$270

Market trends, Fort Myers Beach

Median list
$722,500
Median $/sqft
$615
Median sold (90d)
$474,500
Avg days on market
125
Active listings
386
Median sold price · Fort Myers Beach
$474,500last 3 months12.1% vs $540,000 prior 3 months
Median closed price by month · Fort Myers Beach
61.3% MoM41.6% YoY
$442k$596k$750kJul ’25Sep ’26
$750,000Sep ’26 · 3 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.

The good, the trade-offs & the location

Pros
  • Built 2003 — post-2002 Florida wind codes (typically lower insurance)
  • Private pool
  • Waterfront
  • 2-car garage
Consider
  • In a higher-risk flood zone (AE) — flood insurance likely required
Location convenienceHigh
Hospital
5.2 mi
HealthPark Medical Center
Beach
1.9 mi
Fort Myers Beach
Airport
9.4 mi
Page Field (Fort Myers)
Shopping
7.5 mi
Bell Tower Shops

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.