$200,000
3 Bed Waterfront Home for Sale in Fort Myers
3231 Cottonwood Bend 301, Fort Myers, FL, 33905
About this home
JUST REDUCED $24,500! NOW OFFERED AT $200,000! Don't miss this rare opportunity to own a fully updated, move-in ready lakefront villa in the highly desirable gated community of Cottonwood Bend at Verandah with NO mandatory golf or social membership. This spacious 3-bedroom, 2.5-bath end-unit villa offers over 1,700 square feet of beautifully updated living space, making it an exceptional value for buyers searching for a low-maintenance home, townhome-style floor plan, seasonal residence, or full-time Florida lifestyle. Beautifully renovated throughout, this light-filled home features luxury flooring, fresh interior paint, recessed lighting, designer fixtures, updated ceiling fans, and an open-concept layout perfect for everyday living and entertaining. The updated kitchen showcases granite countertops, stainless steel appliances, a gas range, breakfast bar, new kitchen sink and garbage disposal (2026), and a new dishwasher (2026). Additional improvements include a newer air conditioning system, new water heater, washer and dryer, and wired smoke and carbon monoxide detectors installed in 2025 for added peace of mind. The bathrooms have been tastefully renovated, including the guest bath (2023) and a beautifully remodeled primary bathroom (2026), allowing the next owner to move in without the expense of updating. Enjoy peaceful lake views from the private screened, tiled lanai where sliding glass doors seamlessly connect the living room, dining area, and kitchen, creating the perfect indoor-outdoor Florida lifestyle. Association fees include water and cable, adding tremendous value while simplifying monthly expenses. Located in the award-winning, gated, and pet-friendly Verandah community, residents enjoy miles of walking and biking trails, kayaking on the Orange River, pickleball, tennis, fitness center, community pool, dining, dog park, and year-round social activities. Unlike many homes in Verandah, this property requires NO mandatory golf or social membership, allowing you to enjoy the community's incredible amenities without additional membership costs. Conveniently located just minutes from Downtown Fort Myers, Gulf beaches, shopping, dining, I-75, and Southwest Florida International Airport, this is one of the best opportunities to own a fully updated lakefront home in Verandah at this price.
Property details
- Type
- Townhouse
- Year built
- 2006
- Interior
- 1,703 sqft
- Lot size
- 7,313.724 sqft
- Acreage
- 0.17 acres
- Garage
- 1 car
- Days on market
- 44
- Total association fees
- $9,777/yr (~$815/mo)
- CDD
- None
- Est. taxes (1.4%)
- $2,800/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
- 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 3 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 |
|---|---|---|---|---|---|
| 3231 Cottonwood Bend 303 | Mar 2026 | $195,000 | 3/2 | 1,867 | $104 |
| 3240 Cottonwood Bend 206 | Mar 2026 | $215,000 | 3/2 | 1,821 | $118 |
| 3211 Cottonwood Bend 705 | Jan 2026 | $200,000 | 3/2 | 1,867 | $107 |
| Average | 3 comps | $203,333 | $110 |
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 $24,500 (10.9%) from the original list price.
| Jul 30, 2026 | Price reducedfrom $224,500 | $200,000 |
| Jun 24, 2026 | Listed | $224,500 |
The good, the trade-offs & the location
- Built 2006 — post-2002 Florida wind codes (typically lower insurance)
- Waterfront
- In a higher-risk flood zone (AE) — flood insurance likely required
- Higher association fees (~$9,777/yr)
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.