3 Bed Waterfront Home for Sale in Gramac
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For SaleMLS# 2026034831

$159,000

3 Bed Waterfront Home for Sale in Gramac

1235 Gramac Drive, North Fort Myers, FL, 33917

3 beds1 baths1,050 sqft
GatedBoatingWaterfront

About this home

3 bedroom, 1 bath concrete block home on a spacious canal lot in North Fort Myers, offered strictly as-is following storm damage. The property sustained significant roof, ceiling, and interior damage and will require a full gut renovation or rebuild — cash offers only. Sold with all contents/debris in place; buyer to verify all information, permits, and rebuild feasibility independently. Great opportunity for investors, contractors, or builders looking to renovate or start fresh on a block-construction footprint in a growing area of North Fort Myers. Canal Lot and location in a cute neighborhood carry the value here — bring your​​‌​​​​‌​​‌‌​​‌​​​‌‌‌​​‌​​‌‌​​​‌​‌​​​‌​​ vision.

Property details

Type
SingleFamilyResidence
Year built
1960
Interior
1,050 sqft
Lot size
13,982.76 sqft
Acreage
0.32 acres
Garage
None
Days on market
0
Total association fees
None
CDD
None
Est. taxes (1.4%)
$2,226/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
None listed
Exposure
South
Waterfront
Yes
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
Well
Sewer
Public Sewer
New construction
No
Pets
Yes
County
Lee

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
$151/sqft
Comp median
$133/sqft
Difference
+14%

Based on the $/sqft of 13 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
14505 Plymouth BendApr 2026$143,0002/21,140$125
150 Brooks RoadJun 2026$159,9002/21,160$138
14715 Patrick Henry RoadApr 2026$125,0002/21,168$107
5502 Ben Franklin LaneJul 2026$130,0002/21,128$115
210 Cobblestone LaneJan 2026$140,0002/21,056$133
5560 Sir Walter WayJan 2026$119,5002/21,064$112
Average6 comps$136,233$122

Market trends, North Fort Myers

Median list
$279,000
Median $/sqft
$182
Median sold (90d)
$270,000
Avg days on market
88
Active listings
639
Median sold price · North Fort Myers
$270,500last 3 months8.3% vs $295,000 prior 3 months
Median closed price by month · North Fort Myers
52.1% MoM51.9% YoY
$140k$234k$329kJul ’25Aug ’26
$139,500Aug ’26 · 22 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
  • Waterfront
Consider
  • Built 1960 — 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
Location convenienceHigh
Hospital
5.4 mi
Cape Coral Hospital
Beach
16.3 mi
Fort Myers Beach
Airport
6.3 mi
Page Field (Fort Myers)
Shopping
4.6 mi
Coralwood / Merchants Crossing (Cape)

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.