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.
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.
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.
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.
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.
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.
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.
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.
Jerry Niesman
KW PEACE RIVER PARTNERS
(239) 291-4189
130 Total Sales
2 in Waterway Estates
$121K - $380K Price Range
Judith Ann New
RE/MAX Realty Team
(239) 208-0061
51 Total Sales
1 in Waterway Estates
$142,000 Price
Penny Lehmann
Coldwell Banker Realty
(239) 341-5269
179 Total Sales
2 in Waterway Estates
$318K - $455K Price Range
Mark Borg
Downing Frye Realty Inc.
(239) 610-5483
60 Total Sales
1 in Waterway Estates
$310,000 Price
Maureen Gobbi
RE/MAX Trend
(239) 291-4359
83 Total Sales
2 in Waterway Estates
$600K - $1.1M Price Range
Heather Hitz PA Realtor
RE/MAX Realty Group
(239) 788-0735
61 Total Sales
2 in Waterway Estates
$88K - $659K Price Range
On average, homes in Waterway Estates, North Fort Myers sell after 122 days on the market compared to the national average of 52 days. The median sale price for homes in Waterway Estates, North Fort Myers over the last 12 months is $348,000, down 17% from the median home sale price over the previous 12 months.
Bike Score®
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.
Old Florida charm meets modern coastal living and high rise condos
A Cape Coral neighborhood with schools, parks and plenty of retail options
Historic Fort Myers neighborhood close to downtown and Lee Memorial Hospital
Midcentury homes between Caloosahatchee River and historic Fort Myers Country Club
