$120,000
3 Bed Waterfront Home for Sale in Arbor Lakes Condo
15020 Arbor Lakes Drive 101, North Fort Myers, FL, 33917
About this home
Enjoy living the SW Florida lifestyle in this updated light and bright 1st floor end unit condo. This lakeview home features 3 bedrooms and 2 baths with approximately 1,200 square feet of living space under air conditioning. The home boasts an updated open kitchen featuring new stainless steel appliances, newly remodeled bathrooms, newer AC system, marble tile flooring in the living and dining areas, laminate wood floors in the bedrooms and all freshly painted. Relax and enjoy sipping your favorite beverage or reading a book as you take in the views of the lake in your screened and covered lanai. The building was freshly painted and the grounds received a major renovation. Community amenities include 3 heated swimming pools, pickle-ball, tennis, bocce ball court, shuffleboard, catch and release fishing and a clubhouse overlooking the big lake. Gulf access boat docks for rent depending on availability. Low HOA fees. Ideally located close to shopping, dining and the entertainment of downtown Fort Myers, 10 minutes to I-75 and just a short drive to some of SW Florida’s finest beaches! This is not a 55 and over community, all are welcome. Perfect to call home, a seasonal residence or an investment property.
Property details
- Type
- Condominium
- Year built
- 1994
- Interior
- 1,106 sqft
- Lot size
- 4,852.584 sqft
- Acreage
- 0.11 acres
- Garage
- None
- Days on market
- 0
- Total association fees
- $6,000/yr (~$500/mo)
- CDD
- None
- Est. taxes (1.4%)
- $1,680/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- None listed
- Exposure
- East
- 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 4 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 |
|---|---|---|---|---|---|
| 5735 Foxlake Drive 1 | Sep 2025 | $115,000 | 3/2 | 1,105 | $104 |
| 15630 Crystal Lake Drive 103 | Oct 2025 | $130,000 | 2/2 | 968 | $134 |
| 5801 Crystal Lake Lane 101 | Feb 2026 | $129,000 | 2/2 | 968 | $133 |
| 15160 Riverbend Boulevard 403 | Nov 2025 | $125,000 | 2/2 | 954 | $131 |
| Average | 4 comps | $124,750 | $126 |
Market trends, North 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.
The good, the trade-offs & the location
- Waterfront
- Built 1994 — pre-2002 construction may carry older wind codes and higher insurance
- In a higher-risk flood zone (AE) — flood insurance likely required
- No garage listed
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.