3 Bed Waterfront Home for Sale in Lehigh Acres
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For SaleMLS# 2026037599

$200,000

3 Bed Waterfront Home for Sale in Lehigh Acres

480 Valley Drive, Lehigh Acres, FL, 33936

3 beds1.5 baths924 sqft2 garage
GatedBoatingWaterfront

About this home

Attention Investors and first time buyers! Located in central Lehigh Acres with a beautiful canal in the back , this oversized 3-bedroom, 1.5-bath home offers city water and sewer, a recently fenced yard, and a functional open-concept layout. The interior features fresh vinyl flooring. The primary bedroom includes a private bath and walk-in closet. The kitchen, dining, and living areas flow together, with a convenient hallway laundry area. Enjoy additional living and entertaining space, accessible through sliding doors. The oversized lot features mature landscaping and offers ample outdoor space for a variety of uses, subject to applicable restrictions and approvals. Situated on a quiet side street near Alabama Ave and Palm Blvd, the property is conveniently located near shopping, dining, schools, churches, and other everyday services. An opportunity for investors or buyers seeking a home with a spacious lot and convenient location.

Property details

Type
SingleFamilyResidence
Year built
1978
Interior
924 sqft
Lot size
12,632.4 sqft
Acreage
0.29 acres
Garage
2 car
Days on market
0
Total association fees
None
CDD
None
Est. taxes (1.4%)
$2,800/yr
Flood zone (area est.)
No · Low risk (X)
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
Yes
County
Lee

Maintenance included in the fee

Other

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

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
$216/sqft
Comp median
$185/sqft
Difference
+17%

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
908 Hudson AvenueApr 2026$170,0002/21,102$154
801 Perry AvenueApr 2026$214,0002/1926$231
17 Illinois RoadSep 2026$195,0002/11,052$185
Average3 comps$193,000$190

Market trends, Lehigh Acres

Median list
$319,999
Median $/sqft
$204
Median sold (90d)
$305,000
Avg days on market
77
Active listings
1,581
Median sold price · Lehigh Acres
$305,000last 3 months0.3% vs $304,000 prior 3 months
Median closed price by month · Lehigh Acres
4.1% MoM9.7% YoY
$289k$307k$324kJul ’25Sep ’26
$289,000Sep ’26 · 35 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
  • Lower flood risk (zone X)
  • Waterfront
  • 2-car garage
Consider
  • Built 1978 — pre-2002 construction may carry older wind codes and higher insurance
Location convenienceHigh
Hospital
2.4 mi
Lehigh Regional Medical Center
Beach
19.9 mi
Lovers Key State Park
Airport
7.9 mi
RSW Intl (Fort Myers)
Shopping
11.4 mi
Gulf Coast Town Center

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.