4 Bed Waterfront Home for Sale in Banyan Bay, FL, $394,000
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For SaleMLS# 2026033029

$394,000

4 Bed Waterfront Home for Sale in Banyan Bay, FL, $394,000

8641 Banyan Bay Boulevard, Fort Myers, FL, 33908

4 beds2 baths1,998 sqft2 garage
GatedCommunity PoolWaterfront

About this home

3 Bedroom + Den ( 4th bed ) home is a true standout located on a desirable SOUTHERN rear exposure with tranquil LAKE views that fill the home with natural light. No city taxes, and no hidden CDD fees! The home is ideally situated in a prime location near the beaches, combining convenience with an exceptional Florida lifestyle. This home shows beautifully with custom Levolor blinds on thw windows and includes a gourmet kitchen with 42-inch cabinetry, ideal for both everyday living and entertaining. Recent updates include luxury vinyl flooring installed in August 2024 in all bedrooms, adding style, durability, and low maintenance appeal. An additional highlight is the seller’s commitment to install a fence- making the property ideal for children and pets. The community offers exceptionally low association fees, which include irrigation water, lawn and land maintenance, on-site management, master association fees, recreational facilities, reserve funding, street lighting, street maintenance, community pool access, and gated entry. Sellers can offer a transferable flood policy! However, water has never intruded inside the home with any of the past Storms. This property delivers outstanding value, peace of mind, and a prime location near Fort Myers beaches, making it a rare opportunity in today’s market. - Flood Policy of $2,942 is transferable.

Property details

Type
SingleFamilyResidence
Year built
2013
Interior
1,998 sqft
Lot size
6,621.12 sqft
Acreage
0.15 acres
Garage
2 car
Days on market
0
Total association fees
$3,200/yr (~$267/mo)
CDD
None
Est. taxes (1.4%)
$5,516/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
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

AssociationManagementLegalAccountingMaintenanceGroundsRecreationFacilitiesRoadMaintenance

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

Amenities

PoolManagement

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
$197/sqft
Comp median
$184/sqft
Difference
+7%

Based on the $/sqft of 5 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.

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Your notes on this home

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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
8717 Banyan Bay BoulevardMay 2026$400,0003/21,941$206
8613 Big Mangrove DriveApr 2026$410,0003/21,947$211
16304 Crown Arbor Way 202Jun 2026$375,0003/22,040$184
16520 Crownsbury Way 202Dec 2025$363,0003/22,040$178
16600 Crownsbury Way 201Feb 2026$375,0003/22,040$184
Average5 comps$384,600$193

Market trends — Fort Myers

Median list
$322,380
Median $/sqft
$211
Median sold (90d)
$335,000
Avg days on market
96
Active listings
2,529
Median sold price · Fort Myers
$334,900last 3 months3% vs $325,000 prior 3 months
Median closed price by month · Fort Myers
6.1% MoM9.1% YoY
$300k$340k$380kJul ’25Aug ’26
$300,000Aug ’26 · 13 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
  • Built 2013 — post-2002 Florida wind codes (typically lower insurance)
  • Waterfront
  • 2-car garage
Consider
  • In a higher-risk flood zone (AE) — flood insurance likely required
Location convenienceHigh
Hospital
2.4 mi
HealthPark Medical Center
Beach
4.3 mi
Fort Myers Beach
Airport
7 mi
Page Field (Fort Myers)
Shopping
4.8 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.