Waterway Bay
Homes for Sale in Fort Myers, FL
All 1,292 homes for sale in Fort Myers, FL · median $236,400 · 622 homes for sale in 33908 · Lee County homes for sale
True comps, carrying-cost math, and listings before the portals.
Nearby homes for sale
No active listings inside Waterway BayHomes for Sale in Fort Myers, FL right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.
Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.
As of October 2026, the MLS records 26 closed sales in Waterway Bay in Fort Myers, FL since 2014, the most recent in February 2026. Across Fort Myers as a whole, 12 homes closed in the last 12 months at a median of $345,000, 64 median days on market, with 1,907 homes for sale today. At that median and Lee County's FY2025-26 rate of 15.97 mills, annual property tax runs about $5,510 ($4,840 with the full homestead exemption).
| Location | Fort Myers, Lee County, FL · ZIP 33908 |
|---|---|
| Homes in the community | 19 (FL DOR 2025 assessment roll) |
| Years built | 1989–2020 (median 1998) |
| Typical living area | 2,643 sq ft (median) |
| Owner-occupied (homestead) share | 65% |
Data as of September 20, 2026. Listing information provided by the Florida Gulf Coast Multiple Listing Service, Inc. Information is deemed reliable but not guaranteed by the MLS to be accurate; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Waterway Bay key facts,” movewithmomentum.com/neighborhoods/waterway-bay, data as of September 20, 2026.
The market around Waterway Bay
Waterway Bay is too small for its own price trend, so here is the market around it.
In ZIP 33908, 701 homes are on the market and 14% are under contract — a slower corner of Fort Myers.
Across Lee County, 7,579 homes are active and 1,646 pending (18% under contract).
ZIP and county figures describe the wider market, not Waterway Bay specifically. Momentum Research analysis of MLS records.
The Waterway Bay buying strategy.
If we were buying in Waterway Bay today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Waterway Bay.
A closer look at the Waterway Bay market
The housing stock is 19 homes built between 1989 and 2020, and 65% of parcels are homesteaded — the owner-occupancy proxy in the Florida DOR assessment roll.
The location and the amenities are priced into every listing in Waterway Bay. The deal is won or lost on condition, the comps, and the renovation math.
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Waterway Bay buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Waterway Bay sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Waterway Bay, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Waterway Bay home worth?
Get a no-obligation home value based on real comparable sales in Waterway Bay, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
See all homes for sale in Fort Myers →
The real cost & risk here
Before the list price, the Florida math the portals skip. These are Lee County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Lee County scorecard.
County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.
Frequently Asked Questions
How many homes are in Waterway Bay?
What share of Waterway Bay is owner-occupied?
When were the homes in Waterway Bay built?
Who is the best real estate agent for Waterway Bay?
How do I find a top Fort Myers real estate agent who knows Waterway Bay?
Can Momentum Realty connect me with an agent for Waterway Bay?
Where is Waterway Bay, and what county is it in?
Data sources & freshness
| Housing stock & ownership | Florida DOR assessment roll (street-list match (1 streets, ZIP 33908)) |
| Under-contract shares | Florida Gulf Coast MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2014 (26 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of Florida Gulf Coast MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Florida Gulf Coast MLS member average and 8 days faster, and we’ll price yours against live local comps.
Looking to buy here? Search homes for sale →
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See how Waterway Bay fits the bigger picture — live prices, inventory, and Momentum Scores:
Nearby Communities
Explore more neighborhoods near Waterway Bay with Momentum Realty’s local guides.