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Waterway Estates

Waterway Estates

Neighborhood in North Fort Myers, Florida

Lee County 33903

$481,589 Average Value
$230 Average Price per Sq Ft
80 Homes For Sale

Waterfront living across from downtown Fort Myers

The Waterway Estates neighborhood offers canal views and lakeside living across the river from downtown Fort Myers. Though located near a major city, life here moves at a slower pace. The area especially appeals to those “looking for that type of boating, relaxed atmosphere,” explains Kayla Boyd-Jones of RE/MAX Trend, a Realtor living in Fort Myers and selling properties in Waterway Estates.

Community amenities, El Rio Golf Club and county parks

How residents of the Waterway Estates neighborhood spend their free time depends on the subdivision in which they live. For those living in Moody River Estates, outdoor options like tennis, water aerobics and pickleball are steps away from home. Regardless of subdivision, locals can practice their swing at El Rio Golf Club, a course centered between Moody River Estates and Waterway Estates, or stop by one of the many parks located within a two-mile radius of the neighborhood, including Waterway Park and Kurt Donaldson Community Park. When choosing a green space, there’s no need to worry about quality. “All of our county parks that you see on the map are kept up with and utilized,” Boyd-Jones says.

Many Waterway Estates head down to the Rio Golf Course driving range to practice their swing.
Many Waterway Estates head down to the Rio Golf Course driving range to practice their swing.
Waterway Park offers residents a green space with playground and more.
Waterway Park offers residents a green space with playground and more.
Waterway Estates Park can be found in the heart of the neighborhood offers sports courts.
Waterway Estates Park can be found in the heart of the neighborhood offers sports courts.
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Condos and houses in Moody River Estates and Waterway Estates

The neighborhood has two main subdivisions, both offering waterfront single-family homes and amenity-rich condos. In the homeowners association of Moody River Estates, homes feature stucco finishes and tile roofs, and each property is steps from a picturesque lake. Palm trees act as a barrier between houses, and a wide sidewalk connects to community amenities. In the namesake subdivision of Waterway Estates, ranch-style homes with uniform property sizes line a narrow canal. “There are a lot of vacation homes, but there are usually lease restrictions,” Boyd-Jones says. While two-bedroom condo units in Moody River Estates start around $325,000, waterfront homes in the community over 2,500 square feet reach nearly $700,000. Three-bedroom houses in the Waterway Estates subdivision begin around $360,000 and reach up to $1 million for homes over 4,000 square feet.

Waterway Estates residents enjoy maintaining and decorating their front yards.
Waterway Estates residents enjoy maintaining and decorating their front yards.
Larger contemporary style homes are seen around Waterway Estates.
Larger contemporary style homes are seen around Waterway Estates.
Many waterfront single family homes can be found in Waterway Estates.
Many waterfront single family homes can be found in Waterway Estates.
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Access to nightly and annual events in the City of Palms

Homeowners in Moody River Estates benefit from private events and parties, but all residents in the Waterway Estates neighborhood gain access to the countless events happening in Fort Myers. Whether looking for orchestra performances, live theater events or farmers markets, downtown Fort Myers features a full calendar of events to attend throughout the year. Some of the most popular annual activities include the boat parade, concert series and international film festival.

Stores and restaurants on both sides of the Caloosahatchee River

Whether grabbing ingredients for dinner or looking for a spot to dine for lunch, residents benefit from the neighborhood’s convenient proximity to retailers on both sides of the river. Publix Super Market at Orange Grove Center sits across the Hancock Bridge Parkway, near El Rio Golf Club, and national retailers like Target, Five Below and Lowe’s Home Improvement are less than 5 miles away at Del Prado Crossing. For restaurants, spots like Brooke’s Restaurant & Lounge and Ristorante Fabio can be reached in about a mile, and downtown Fort Myers includes top-rated dining options less than 5 miles away, including Ford’s Garage Fort Myers and Izzy’s Fish & Oyster.

Waterway Estates residents over to the Publix Supermarket for their grocery needs.
Waterway Estates residents over to the Publix Supermarket for their grocery needs.
Sunset Harbor Village offer a Water Walk to enjoy after a nice meal.
Sunset Harbor Village offer a Water Walk to enjoy after a nice meal.
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Walkable elementary and A-rated high school in Lee County

Part of Lee County Public Schools, the neighborhood gains access to a walkable elementary school and a top-rated high school. Students start their education at Hancock Creek Elementary, a B-graded school, according to Niche. From here, students transition to Caloosa Middle, a B-minus-graded school, before attending North Fort Myers High, an A-graded school ranked as the third-best public high school in the county. At North Fort Myers High, students can participate in the Center for the Arts and Media to pursue a specialized education in subjects like dance, visual arts and orchestra.

Cleveland Avenue and Interstate 75

With the Hancock Bridge Parkway flanking the neighborhood, residents can easily reach Cleveland Avenue—a highway connecting right to downtown Fort Myers by car and bus. Ramps to Interstate 75 are less than 10 miles away for long-distance travel, and the Southwest Florida International Airport is less than 20 miles southeast.

Hospitals to the north, east and west

The neighborhood has multiple medical facilities in three directions. Cape Coral Hospital is less than 3 miles east, and Lee Memorial Hospital is less than 10 miles west. Additionally, the Veterans Affairs Clinic at Cape Coral is less than 5 miles north.

Alicia Swain
Written By
Alicia Swain
Daniele Giuseppe Del Gaudio
Photography Contributed By
Daniele Giuseppe Del Gaudio
Grace Kim
Video By
Grace Kim

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Interested in learning more about homes in this area? Reach out to Kelly Snyder, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Southwest Florida International

32 min drive

Bus

Orange Grove Blvd & Inlet Dr-Nb

Bus

Orange Grve Blvd & Lakeview Blvd

Bus

Orange Grove Blvd & St Clair Ave-Nb

Bus

Orange Grove Blvd & Golf Club Dr-Nb

Crime and Safety

1 - Low Crime, 10 - High Crime Waterway Estates US
Homicide 2 4
Sexual Assault 3 4
Assault with Weapon 2 4
Robbery 2 4
Burglary 4 4
Motor Vehicle Theft 3 4
Larceny 4 4
Crime Score 3 4

Source: WhatIsMyCrimeRisk.com

Demographics and Home Trends

Home Trends

Median Price (12 Mo)
$413,750
Median Single Family Price
$520,000
Median 2 Bedroom Price
$224,500
Average Price Per Sq Ft
$230
Number of Homes for Sale
80
Last 12 months Home Sales
119
Months of Supply
8.10
Median List Price
$450,000
Median Discount From 1st List Price
7%
Median Home Sale Price YoY Change
-1%

Home Facts

Number of Homes in Neighborhood
1,311
Median Year Built
1979
Avg. Single Family Home Size Sq Ft
2,217
Above the national average
1,935
Average 2 Bedroom Size Sq Ft
1,448
Average 1 Bedroom Size Sq Ft
592
Median Lot Size Sq Ft
10,018

Open Houses

  • Friday, May 2
    1 - 3pm

    1721 Marina Terrace, North Fort Myers, FL 33903

    $525,000

    • 4 Beds
    • 2 Baths
    • 1,675 Sq Ft
    • 1721 Marina Terrace

    Sailboat Access Pool Home just minutes from open water! High and dry! No flooding here! This stunning 4-bedroom, 2-bathroom pool home in Waterway Estates is located on a quiet and private cul-de-sac with direct sailboat access to the Gulf in just minutes. Inside, the home features newer flooring, modern tilework, tall baseboards and casings, fresh paint, updated doors and hardware, and upgraded

    Tiffany Packard Miloff Aubuchon Realty Group

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Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Interested in learning more about homes in this area? Reach out to Kelly Snyder, an experienced agent in this neighborhood.

Average Home Value




Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Owners

Demographics

Total Population
2,961
Median Age
55
Population Density
4 ppl/acre
Population under 18
16.2%
Below the national average
23.8%
Population over 65
34.2%
Above the national average
19.1%

Finances

Median Household Income
$84,426
Above the national average
$71,702
Average Household Income
$118,281

Education and Workforce

High School Graduates
92.5%
College Graduates
38.9%
On par with the national average
34.1%
Advanced Degrees
17.1%
% Population in Labor Force
59.4%
Below the national average
65.1%

Weather

Annual Precipitation
57''
Average Winter Low Temperature
55°F
Average Summer High Temperature
92°F
Annual Snowfall
0''

Area Factors

Somewhat Bikeable

Bike Score®

41 / 100

Car-Dependent

Walk Score®

16 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Waterway Estates
Kelly Snyder
Schooner Bay Realty, Inc.
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