5 Bed SingleFamilyResidence for Sale in Banyan Bay
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SoldMLS# 2026025558

$505,900

5 Bed SingleFamilyResidence for Sale in Banyan Bay

8724 Banyan Bay Boulevard, Fort Myers, FL, 33908

5 beds3 baths3,166 sqft3 garage
GatedCommunity Pool

About this home

Welcome to Banyan Bay! This spacious 5-bedroom, 3-bathroom two-story home offers the perfect combination of comfort, functionality, and peace of mind with numerous recent updates throughout. Step inside to an inviting entry foyer and enjoy easy-maintenance marble, tile, and laminate flooring throughout the home. Designed with flexibility in mind, the floor plan features two separate living/family rooms plus a dedicated den/office space, providing plenty of room for work, relaxation, and entertaining. The heart of the home is the completely remodeled kitchen, updated in 2023 and thoughtfully designed with both style and function in mind. Features include a center island, breakfast bar, walk-in pantry, and newer appliances installed in 2023. The spacious primary suite serves as a private retreat, featuring an elegant tray ceiling and an en suite bath complete with dual sinks, a soaking tub, and a separate shower. Four additional bedrooms offer ample space for family and guests. Major improvements provide added value and peace of mind, including a new roof (2023), A/C system (2023), hot water heater (2023), exterior repainting (2026), and downstairs interior repainting (2023). Additional features include hurricane shutters, an ADT monitored alarm system, and convenient overhead garage storage. Residents of Banyan Bay enjoy access to a community pool and a highly desirable Fort Myers location close to shopping, dining, entertainment, schools, medical facilities, and Southwest Florida's beautiful beaches. Don't miss this opportunity to own a move-in-ready home in one of Fort Myers' most convenient locations!

Property details

Type
SingleFamilyResidence
Year built
2007
Interior
3,166 sqft
Lot size
7,492.32 sqft
Acreage
0.17 acres
Garage
3 car
Days on market
40
Total association fees
$3,200/yr (~$267/mo)
CDD
None
Est. taxes (1.4%)
$7,083/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
Shutters
Exposure
North
Waterfront
No
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

AssociationManagementIrrigationWaterLegalAccountingMaintenanceGroundsRecreationFacilitiesReserveFundRoadMaintenanceStreetLightsSecurityTrash

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.

Below marketThis home is priced below comparable recent sales, a potential value.
This home
$160/sqft
Comp median
$174/sqft
Difference
-8%

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
17051 TREMONT StreetNov 2025$490,0005/43,200$153
8591 Sumner AvenueDec 2025$450,0005/33,142$143
8850 Pigeon KeyDec 2025$587,5005/43,017$195
17088 Wrigley CircleJul 2026$620,0004/33,093$200
Average4 comps$536,875$173

Market trends, Fort Myers

Median list
$319,998
Median $/sqft
$209
Median sold (90d)
$330,000
Avg days on market
97
Active listings
2,471
Median sold price · Fort Myers
$330,000last 3 months1.5% vs $335,000 prior 3 months
Median closed price by month · Fort Myers
9.1% MoM5.3% YoY
$319k$349k$380kJul ’25Aug ’26
$347,450Aug ’26 · 372 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 $65,000 (12.1%) from the original list price.

Aug 25, 2026Sold$470,000
Jul 6, 2026Price reducedfrom $519,900$505,900
Jun 11, 2026Listed$535,000

The good, the trade-offs & the location

Pros
  • Built 2007 — post-2002 Florida wind codes (typically lower insurance)
  • Storm protection: Shutters
  • 3-car garage
Consider
  • In a higher-risk flood zone (AE) — flood insurance likely required
Location convenienceHigh
Hospital
2.5 mi
HealthPark Medical Center
Beach
4.1 mi
Fort Myers Beach
Airport
7.1 mi
Page Field (Fort Myers)
Shopping
4.9 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.