4 Bed Waterfront Home for Sale in Fort Myers
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For SaleMLS# 2026029383

$819,000

4 Bed Waterfront Home for Sale in Fort Myers

405 Prather Drive, Fort Myers, FL, 33919

4 beds2 baths2,031 sqft2 garage
GatedPlaygroundBoatingWaterfront

About this home

Beautifully remodeled 4-bedroom, 2-bath waterfront residence offering the ultimate Florida boating lifestyle with direct Gulf access in the highly sought after Mcgregor Isles. Designed for both everyday living and effortless entertaining, this exceptional home has been thoughtfully updated and maintained with meticulous attention to detail. Step inside to an open-concept floor plan featuring Cortec luxury vinyl flooring and tile throughout. The stunning chef's kitchen is the heart of the home, showcasing elegant quartz countertops, an oversized island, stainless steel appliances, a beverage refrigerator, abundant cabinetry, and a spacious layout that flows seamlessly into the living and dining areas.The primary suite features a custom built-in storage system and a custom closet by California Closets. The spa-inspired primary bath offers a soaking tub and separate shower with dual shower heads. Outdoor living is equally impressive with an oversized screened lanai that extends your living space and provides the perfect setting for relaxing or entertaining while overlooking the tranquil canal. The professionally-designed tropical landscaping creates a private resort-like atmosphere, enhancing the home's exceptional curb appeal and is equipped with an automatic irrigation system on a private well. Boaters will appreciate the waterfront amenities, including direct Gulf access, 2 boat lifts (10,000lb AND a 7,500lb), and a dedicated exterior storage area for fishing and boating gear. The fully renovated garage features epoxy flooring and custom shelving. Additional updates and features include hurricane shutters, a whole-home water filtration system, a new water heater, a new washer and dryer, a whole-home security system, and the peace of mind that the home has NEVER FLOODED during any storms. This move-in ready waterfront gem combines luxury, functionality, and an unbeatable boating location in the heart of Ft Myers, making it the perfect place to enjoy the very best of Southwest Florida waterfront living.

Property details

Type
SingleFamilyResidence
Year built
1968
Interior
2,031 sqft
Lot size
11,804.76 sqft
Acreage
0.27 acres
Garage
2 car
Days on market
3
Total association fees
$150/yr (~$13/mo)
CDD
None
Est. taxes (1.4%)
$11,466/yr
Flood zone (area est.)
Yes · High risk (AE)
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

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

RoadMaintenanceTrash

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

Amenities

Playground

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
$403/sqft
Comp median
$342/sqft
Difference
+18%

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.

AddressSoldSold priceBeds/BathsSq ft$/sqft
9513 Mariners Cove LaneFeb 2026$725,0003/21,986$365
12991 Beacon Cove LaneNov 2025$640,0003/21,976$324
4476 Windjammer LaneSep 2025$615,0003/22,024$304
5631 Shaddelee LaneOct 2025$660,0003/31,834$360
Average4 comps$660,000$338

Market trends, McGregor Isles

Median list
$437,450
Median $/sqft
$268
Median sold (90d)
$550,000
Avg days on market
69
Active listings
14
Median sold price · McGregor Isles
$550,000last 3 monthsnot enough sold data to compare

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

The good, the trade-offs & the location

Pros
  • Waterfront
  • 2-car garage
Consider
  • Built 1968 — 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
3.1 mi
HealthPark Medical Center
Beach
7.8 mi
Fort Myers Beach
Airport
3.6 mi
Page Field (Fort Myers)
Shopping
2.7 mi
Bell Tower Shops

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.