4 Bed Waterfront Home for Sale in Waterway Estates, FL
1 / 20
▶ View Virtual Tour
For SaleMLS# 2026032227

$315,000

4 Bed Waterfront Home for Sale in Waterway Estates, FL

4339 S Bay Circle, North Fort Myers, FL, 33903

4 beds3 baths1,775 sqft2 garage
BoatingWaterfront

About this home

Welcome to this charming home in the boating community of Waterway Estates. This 4 bedroom, 3 bath home offers 1,775 square feet of living space on a quiet cul-de-sac lot, with direct Gulf access and no bridges standing between you and the open water. Step inside to a comfortable split-bedroom floorplan designed for both privacy and everyday livability. The additional bedrooms provide flexible space for family, guests, or a home office, while the primary suite includes its own walk-in shower bath. Step outside to the backyard, where there's plenty of room for a pool and outdoor entertaining, along with a concrete dock and davit on a 31–80-foot-wide canal with just a 15-minute idle ride to the river. Located within 10 minutes of downtown Fort Myers, grocery stores, schools, and places of worship, and notably, this home did not flood during Hurricane Ian. Whether you're looking for a fix-and-flip project or a home to make your own, this property offers a rare combination of waterfront access and opportunity. Come see for yourself.

Property details

Type
SingleFamilyResidence
Year built
1974
Interior
1,775 sqft
Lot size
7,274.52 sqft
Acreage
0.17 acres
Garage
2 car
Days on market
0
Total association fees
None
CDD
None
Est. taxes (1.4%)
$4,410/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
None listed
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

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.

Below marketThis home is priced below comparable recent sales — a potential value.
This home
$177/sqft
Comp median
$192/sqft
Difference
-8%

Based on the $/sqft of 9 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.

AddressSoldSold priceBeds/BathsSq ft$/sqft
4301 Orange Grove BoulevardJan 2026$260,0003/21,641$158
4225 Glasgow CourtAug 2025$365,0003/21,901$192
4226 Yarmouth CourtJun 2026$385,0003/21,868$206
1654 Mansville TerraceJul 2026$272,0003/21,802$151
4145 Prestwick CourtSep 2025$375,0003/21,916$196
2313 SE 8th TerraceApr 2026$355,0003/21,903$187
Average6 comps$335,333$182

Market trends — Waterway Estates

Median list
$415,000
Median $/sqft
$263
Median sold (90d)
$461,000
Avg days on market
111
Active listings
19
Median sold price · Waterway Estates
$461,000last 3 months88.2% vs $245,000 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
  • 2-car garage
Consider
  • Built 1974 — 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 mi
Cape Coral Hospital
Beach
13.3 mi
Fort Myers Beach
Airport
4.9 mi
Page Field (Fort Myers)
Shopping
1.7 mi
Coralwood / Merchants Crossing (Cape)

Straight-line distances to major SWFL amenities — approximate; actual drive times vary.

Loading map…

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.