3 Bed Waterfront Home for Sale in Waterway Estates
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For SaleMLS# 2026038957

$565,000

3 Bed Waterfront Home for Sale in Waterway Estates

4557 Gulf Avenue, North Fort Myers, FL, 33903

3 beds2 baths2,021 sqft2 garage
GatedBoatingWaterfront

About this home

Experience unmatched coastal living in this beautifully renovated direct-access waterfront home, complete with premium modern updates and inviting, fully curated living spaces. Built with the enduring solid construction of a Michigan home and upgraded for contemporary luxury, this residence delivers an exceptional split-bedroom layout spanning over 2,000 square feet of thoughtfully styled interiors. Step inside to bright, designer-inspired living and dining spaces appointed with comfortable, elegant furnishings perfect for both relaxed everyday living and lively entertaining. At the heart of the home, the expansive chef’s island kitchen boasts abundant custom cabinetry, sleek surfaces, and seamless connection to the main great room. The private primary retreat is positioned at the rear of the home, offering peaceful water views directly overlooking the canal. This tranquil suite features a generous walk-in closet and a beautifully updated en-suite bath. Across the home, a dedicated guest wing hosts two generously sized bedrooms and a full bath, providing ideal privacy and comfort for visiting friends and family. Upgrades extend throughout the property, featuring a durable new roof installed in 2023 and an oversized, attached two-car garage upgraded with tile flooring and a clean epoxy-coated finish, complete with a dedicated laundry area. Out back, your private waterfront oasis awaits with an intimate covered outdoor living space set just steps from your deep-water dock. Complete with a concrete seawall, cantilever dock, and a covered boat lift with a wraparound walkway, boater friendly safe harbor boasts zero bridges and direct access to Little Lake Michigan with Gulf Access via the Caloosahatchee River. Located just minutes from Downtown Fort Myers via trolley, water taxi, or rideshare, this move-in-ready home offers the quintessential Southwest Florida lifestyle from day one.

Property details

Type
SingleFamilyResidence
Year built
1977
Interior
2,021 sqft
Lot size
8,929.8 sqft
Acreage
0.20 acres
Garage
2 car
Days on market
0
Total association fees
None
CDD
None
Est. taxes (1.4%)
$7,910/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
Shutters
Exposure
West
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

Amenities

BilliardRoomBilliardsSeeRemarks

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
$280/sqft
Comp median
$224/sqft
Difference
+25%

Based on the $/sqft of 7 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
4558 Vinewood CircleMay 2026$487,0003/21,837$265
1661 Swan TerraceAug 2026$599,9003/22,008$299
1724 Lakeside TerraceDec 2025$440,0003/21,960$224
12761 Seaside Key CourtJan 2026$505,0003/21,983$255
13050 Sail Away StreetJul 2026$440,0003/22,002$220
13081 Silver Thorn LoopJan 2026$440,0004/32,032$217
Average6 comps$485,317$247

Market trends, Waterway Estates

Median list
$367,500
Median $/sqft
$264
Median sold (90d)
$425,000
Avg days on market
145
Active listings
14
Median sold price · Waterway Estates
$425,000last 3 months11.8% vs $380,000 prior 3 months

Live community medians from the MLS · see all listings. Indicative, not an appraisal.

The good, the trade-offs & the location

Pros
  • Waterfront
  • Storm protection: Shutters
  • 2-car garage
Consider
  • Built 1977 — 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
2.2 mi
Cape Coral Hospital
Beach
13.6 mi
Fort Myers Beach
Airport
5.1 mi
Page Field (Fort Myers)
Shopping
1.8 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.