$440,999
3 Bed 2 Bath Waterfront SingleFamilyResidence for Sale in CORAL BAY, FL
16881 Elkhorn Coral Drive, North Fort Myers, FL, 33903
About this home
Discover the Shelby floorplan, a beautifully designed new construction home in the sought-after Coral Bay community. This thoughtfully crafted single-story home features three bedrooms plus a den, two and a half bathrooms, and 2,221 square feet of living space, all set on a scenic lakefront lot with peaceful water views. The home showcases impact glass windows and doors throughout and include a rare 32-foot-deep garage, ideal for oversized vehicles or extra storage. The open layout is perfect for both everyday living and entertaining, with tranquil backyard views that create a relaxing retreat. Additional highlights include stainless steel kitchen appliances, 8ft doors, quartz counter tops, tile floors in the main areas, brick pavers on the driveway and lanai, and the latest Smart Home technology. Coral Bay includes impressive community amenities such as pickleball and bocce ball courts, a resort-style pool with splash pad for the kids, a modern clubhouse and a playground. North Ft. Myers is a growing area, close to schools, shopping, dining, downtown River District, medical facilities and other Florida attractions. Estimated completion April 2026. Finishings may vary - images are representational only of the model home based in that community.
Property details
- Type
- SingleFamilyResidence
- Year built
- 2026
- Interior
- 2,221 sqft
- Lot size
- 6,098.4 sqft
- Acreage
- 0.14 acres
- Garage
- 2 car
- Days on market
- 40
- Total association fees
- $1,551/yr (~$129/mo)
- CDD
- None
- Est. taxes (1.4%)
- $6,174/yr
- Flood zone (area est.)
- No · Low risk (X)
- Storm protection
- Shutters
- 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
- Yes
- 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.
Seeing several homes? Build a tour and we'll route it for you.
Your notes on this home
Keep private notes on this home — what you love, what to ask about — saved to your account and shared with your agent.
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 |
|---|---|---|---|---|---|
| 16867 Elkhorn Coral Drive | Feb 2026 | $390,000 | 3/2 | 2,034 | $192 |
| 16827 Elkhorn Coral Drive | Sep 2025 | $385,000 | 4/2 | 2,034 | $189 |
| 16805 Elkhorn Coral Drive | Aug 2025 | $391,730 | 3/2 | 2,221 | $176 |
| Average | 3 comps | $388,910 | $186 |
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.
Price & status history
Down $34,016 (7.2%) from the original list price.
| May 15, 2026 | Sold | $440,999 |
| Apr 3, 2026 | Price reducedfrom $449,999 | $440,999 |
| Feb 25, 2026 | Listed | $475,015 |
The good, the trade-offs & the location
- Built 2026 — post-2002 Florida wind codes (typically lower insurance)
- New construction
- Lower flood risk (zone X)
- Waterfront
- Storm protection: Shutters
- 2-car garage
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.
Similar homes nearby
$369,000
MLS# 2026019739916 NW 3rd Avenue, Cape Coral, FL, 33993
$465,000
MLS# 2260246774139 NE 9th Avenue, Cape Coral, FL, 33909
$446,999
MLS# 22601178516913 Elkhorn Coral Drive, North Fort Myers, FL, 33903
$434,999
MLS# 22601181516925 Elkhorn Coral Drive, North Fort Myers, FL, 33903
$369,000
MLS# 2250699661806 NE 21st Place, Cape Coral, FL, 33909
$484,999
MLS# 22602155331 NE 8TH Terrace, Cape Coral, FL, 33909
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.