4 Bed 2 Bath Waterfront SingleFamilyResidence for Sale in CORAL BAY, FL
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SoldMLS# 225055529

$409,999

4 Bed 2 Bath Waterfront SingleFamilyResidence for Sale in CORAL BAY, FL

16827 Elkhorn Coral Drive, North Fort Myers, FL, 33903

4 beds2 baths2,034 sqft3 garage
GatedPickleballTennisBocceFitness CenterClubhousePlaygroundCommunity PoolWaterfront

About this home

Under Construction - Coral Bay is D.R. Horton’s newest single family, gated community in North Ft. Myers, FL! Explore our Delray Plan at 2034 Sf of living Space. This luxurious 4-bedroom, 2-bathroom 2 car garage home delivers all the modern amenities for comfortable living. The open and spacious kitchen boasts 42-inch cabinets, solid surface Quartz countertops and large island perfect for entertaining, stainless appliances, and light shaker style cabinets. All Impact windows are included. The primary ensuite includes solid surface quartz countertops, dual vanity and a walk-in shower with 18” wall tile, additional linen closet, expansive walk in closet, and private water closet. Other features include, 6”x24” plank ceramic tile throughout the main living area, 8ft doors, nearly 10ft ceilings and the latest in Smart Home technology. Enjoy living in this gated, single family home community, conveniently located to I-75, downtown Ft. Myers River District, quaint downtown Punta Gorda, shopping, boating, medical care and so much more. The amenity center is scheduled to open soon, and will include a clubhouse with fitness facility, resort style pool, bocce, pickleball, and tennis courts, splash pad and tot lot.

Property details

Type
SingleFamilyResidence
Year built
2025
Interior
2,034 sqft
Lot size
6,098.4 sqft
Acreage
0.14 acres
Garage
3 car
Days on market
78
Total association fees
$1,551/yr (~$129/mo)
CDD
None
Est. taxes (1.4%)
$5,740/yr
Flood zone (area est.)
No · Low risk (X)
Storm protection
Impact Windows/Doors, 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
No
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

AssociationManagementInsuranceIrrigationWaterLegalAccountingRecreationFacilitiesRoadMaintenanceStreetLights

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

Amenities

BocceCourtClubhouseFitnessCenterPlaygroundPickleballPoolSidewalksTennisCourtsManagement

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
$202/sqft
Comp median
$179/sqft
Difference
+13%

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
16819 Elkhorn Coral DriveApr 2026$365,0003/22,034$179
16805 Elkhorn Coral DriveAug 2025$391,7303/22,221$176
16867 Elkhorn Coral DriveFeb 2026$390,0003/22,034$192
16881 Elkhorn Coral DriveMay 2026$440,9993/22,221$199
3249 Baravaldo CircleMar 2026$359,0004/22,032$177
Average5 comps$389,346$185

Market trends — North Fort Myers

Median list
$273,200
Median $/sqft
$178
Median sold (90d)
$276,000
Avg days on market
94
Active listings
626
Median sold price · North Fort Myers
$275,500last 3 months5% vs $290,000 prior 3 months
Median closed price by month · North Fort Myers
7.1% MoM14.1% YoY
$240k$284k$329kJul ’25Jul ’26
$278,450Jul ’26 · 52 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.

Price & status history

Down $42,485 (9.9%) from the original list price.

Sep 29, 2025Sold$385,000
Aug 21, 2025Price reducedfrom $427,485$409,999
Jun 12, 2025Listed$427,485

The good, the trade-offs & the location

Pros
  • Built 2025 — post-2002 Florida wind codes (typically lower insurance)
  • Lower flood risk (zone X)
  • Waterfront
  • Storm protection: Impact Windows/Doors, Shutters
  • 3-car garage
Location convenienceHigh
Hospital
5.6 mi
Cape Coral Hospital
Beach
17.9 mi
Fort Myers Beach
Airport
9 mi
Page Field (Fort Myers)
Shopping
4.4 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.