3 Bed Waterfront Home for Sale in Old Pelican Bay
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For SaleMLS# 2026025498

$1,275,000

3 Bed Waterfront Home for Sale in Old Pelican Bay

12205 Siesta Drive, Fort Myers Beach, FL, 33931

3 beds3 baths2,367 sqft2 garage
GatedBoatingWaterfront

About this home

Welcome to 12205 Siesta Drive, the ultimate boating and fishing community located on an oversized southern exposure 1.5-lot parcel in the secure, gated enclave of Old Pelican Bay in Fort Myers Beach, the Boater & Fisherman's Paradise. With it's bonus rooms, the home offers over 2300 sq ft of living space under air. This property features one of the deepest, quickest Gulf-access canal locations in Southwest Florida with zero bridge restrictions. Fire up the engines and be in the Gulf in minutes, or head to the Keys and Bahamas. Walk down your private path and step onto your boat. Your private end-unit dock slip features a raised pedestal for dedicated electric and water, easily accommodating a deep-draft yacht up to 48 feet or a heavy-duty lift. Located on the naturally deep East canal, you will never face shallow water or expensive dredging bills. Built to support a marine lifestyle, this oversized 1.5-lot parcel offers plenty of room to add a custom pool and spa, with utility hookups in place. An enclosed, lockable storage shed comes equipped with a dedicated electrical subpanel—perfect for stashing rods, tackle, nets, and diving gear. Tough mechanical upgrades keep maintenance low, including a durable metal roof, private elevator, dual-zone AC, and a central vacuum system. Inside, find refined details including 9-foot ceilings, 3rd-floor cathedral ceilings, crown molding, plantation shutters, and gorgeous, rich maple cabinetry. Over $135k in upgrades and generous credits includes a huge $27,000 cash credit to the buyer at closing. This covers a brand-new appliance package ($6k), new flooring/carpet ($5k), and new 2nd-floor PGT hurricane windows ($16k). Combined with existing 3rd-floor impact glass and motorized storm shutters, the home is built like a fortress. Outside, beautiful Areca palms, Ficus hedges, and a custom 12V landscape lighting system create a magnificent private nighttime oasis. Spend your time on the water, not doing yard work. A weekly landscape crew handles all lawn cutting and edging. Low HOA fees ($429/month) cover your complete lawn care and the community's state-of-the-art security gate, complete with a license plate reader and contractor call-in office.

Property details

Type
SingleFamilyResidence
Year built
2001
Interior
2,367 sqft
Lot size
9,387.18 sqft
Acreage
0.22 acres
Garage
2 car
Days on market
61
Total association fees
$5,148/yr (~$429/mo)
CDD
None
Est. taxes (1.4%)
$17,850/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
Impact Windows/Doors, Shutters
Exposure
West
Waterfront
Yes
Gulf access
Yes
Gulf access type
Direct — no bridges
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

LegalAccountingMaintenanceGroundsReserveFundSecurity

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

Amenities

SeeRemarksManagement

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
$539/sqft
Comp median
$497/sqft
Difference
+8%

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
18195 Cutlass DriveJul 2026$1,095,0004/32,534$432
270 Delmar AvenueFeb 2026$1,448,5004/32,389$606
16170 Bentwood Palms DriveJan 2026$1,175,0004/22,363$497
Average3 comps$1,239,500$512

Market trends, Fort Myers Beach

Median list
$749,000
Median $/sqft
$621
Median sold (90d)
$474,000
Avg days on market
129
Active listings
399
Median sold price · Fort Myers Beach
$472,000last 3 months12.8% vs $541,000 prior 3 months
Median closed price by month · Fort Myers Beach
22.5% MoM36.9% YoY
$442k$595k$749kJul ’25Aug ’26
$465,000Aug ’26 · 25 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
  • Gulf access (Direct — no bridges)
  • Storm protection: Impact Windows/Doors, Shutters
  • 2-car garage
Consider
  • Built 2001 — pre-2002 construction may carry older wind codes and higher insurance
  • 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
7.4 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.