$479,900
3 Bed Pool Home for Sale in Banyan Cove
8860 Banyan Cove Circle, Fort Myers, FL, 33919
About this home
**MAJOR PRICE IMPROVEMENT – RENOVATED SOUTH FORT MYERS POOL HOME WITH SIGNIFICANT INSURANCE-RELATED IMPROVEMENTS!** Welcome to **8860 Banyan Cove Circle**, a beautifully updated **3-bedroom, 2-bath pool home** offering nearly **2,000 sq. ft. of living space** on an approximately **0.27-acre lot** in an established South Fort Myers community with low HOA fees. Major improvements include a **newer roof, impact-resistant windows, updated kitchen, updated interior and exterior paint, newer A/C and ductwork, resurfaced swimming pool, pool heater, and extensive property improvements.** A major added benefit: the seller completed elevation and property improvements that resulted in the **current flood insurance policy being cancelled and the premium refunded.** Homeowners insurance is currently approximately **$2,900/year**, providing documented insurance savings for the current owner. Buyers should confirm their individual insurance and lender requirements. Enjoy a private screened pool, spacious yard, 2-car garage and a convenient location near McGregor Boulevard, shopping, restaurants, medical facilities, downtown Fort Myers, RSW Airport and Southwest Florida beaches. **Major upgrades already completed — priced to sell and ready for its next owner.**
Property details
- Type
- SingleFamilyResidence
- Year built
- 1988
- Interior
- 2,019 sqft
- Lot size
- 11,543.4 sqft
- Acreage
- 0.27 acres
- Garage
- 2 car
- Days on market
- 92
- Total association fees
- $565/yr (~$47/mo)
- CDD
- None
- Est. taxes (1.4%)
- $6,719/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- Impact Windows/Doors
- Exposure
- East
- Waterfront
- No
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- Yes
- Spa
- No
- Natural gas
- No
- Water
- Public
- Sewer
- Public Sewer
- New construction
- No
- Pets
- Yes
- 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.
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 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.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 12331 McGregor Boulevard | Aug 2025 | $460,000 | 3/2 | 1,970 | $234 |
| 683 Astarias Circle | Nov 2025 | $510,000 | 4/2 | 2,209 | $231 |
| 700 Astarias Circle | Aug 2026 | $450,000 | 3/2 | 1,953 | $230 |
| Average | 3 comps | $473,333 | $232 |
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 $39,600 (7.6%) from the original list price.
| Aug 18, 2026 | Price reducedfrom $499,000 | $479,900 |
| Aug 18, 2026 | Back on market | |
| Feb 19, 2026 | Listed | $519,500 |
The good, the trade-offs & the location
- Private pool
- Storm protection: Impact Windows/Doors
- 2-car garage
- Built 1988 — 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.