Aerial view of Waterway Bay

Waterway Bay
Homes for Sale in Fort Myers, FL

All 1,277 homes for sale in Fort Myers, FL · median $235,000 · 579 homes for sale in 33908 · Lee County homes for sale

Community in Fort Myers · Lee County · ZIP 33908
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True comps, carrying-cost math, and listings before the portals.

Built fromLive Florida Gulf Coast MLS data12 years of closingsUpdated twice daily

Nearby homes for sale

No active listings inside Waterway Bay 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.

6053 Montego Bay LOOP
$750K · 0.0 mi away
5 bd · 3 ba · 2,530 sqft
6053 Montego Bay LOOP
Listed by William Raveis Real Estate
6062 Waterway Bay DR
$350K · 0.1 mi away
2 bd · 2 ba · 1,478 sqft
6062 Waterway Bay DR
Listed by EXP Realty LLC
6101 Lake Front DR
$163K · 0.2 mi away
2 bd · 2 ba · 814 sqft
6101 Lake Front DR
Listed by DomainRealty.com LLC
6085 Lake Front DR
$198K · 0.2 mi away
3 bd · 3 ba · 1,157 sqft
6085 Lake Front DR
Listed by Serhant-Naples
6081 Lake Front DR
$160K · 0.2 mi away
2 bd · 2 ba · 814 sqft
6081 Lake Front DR
Listed by Elite Edge Fl Realty
17220 Terraverde CIR 9
$160K · 0.2 mi away
2 bd · 2 ba · 1,060 sqft
17220 Terraverde CIR 9
Listed by Realty One Group MVP

Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.

Live · Waterway Bay Housing Pulse Florida Gulf Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Tempo
2
Sold · last 12 mo
10-yr average: about 2 a year

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, 729 homes are on the market and 16% are under contract — a slower corner of Fort Myers.

Across Lee County, 9,645 homes are active and 2,286 pending (19% under contract).

ZIP and county figures describe the wider market, not Waterway Bay specifically. Momentum Research analysis of MLS records.

If we were buying in Waterway Bay today, this is the order of operations we would run for our clients.

1

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.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

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.

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.

Jon Brooks · Founder, Momentum Realty

HOA, CDD & Fees

In short
  • 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.

The takeaway

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.

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 →

Real comps, not an automated estimate.

Data sources & freshness

Under-contract sharesFlorida Gulf Coast MLS records, as of 2026-09-08
Historical depthClosed-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 →

What’s your home worth in your area?

A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.

By submitting, you agree that EAB RE INVESTMENTS LLC (Momentum Realty) and its agents may call, email, and text you about your inquiry, which may involve automated means and prerecorded or artificial voices. You do not need to consent as a condition of buying any property, goods, or services. To opt out, reply STOP at any time or reply HELP for assistance. You can also click the unsubscribe link in emails. Message and data rates may apply. Message frequency may vary. See our Privacy Policy and SMS Terms.or call (904) 351-6461
CallFree valuation →
Thinking of selling in Waterway Bay? 2 recorded closings (window ending 2026-09-12). See the Lee County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.

Common questions about Waterway Bay

Where is Waterway Bay?

Waterway Bay is a community in Fort Myers, Lee County, Florida, ZIP 33908.

Are there homes for sale in Waterway Bay right now?

No active listings inside Waterway Bay at the last feed refresh. The nearest homes for sale, with distances from the community, are shown on this page and refreshed nightly.

Does Waterway Bay have an HOA or CDD?

No HOA is on record for Waterway Bay in our data. Verify dues, what they cover, and any special assessment for a specific address before you offer.

Answers are generated from county property records, MLS feeds and the figures on this page, as of the page date; deemed reliable but not guaranteed.

Nearby Communities

Explore more neighborhoods near Waterway Bay with Momentum Realty’s local guides.

IPIsland Park Woods0.2 mi away · 5 for saleTLTimber Lake0.2 mi away · median $422K, 4 sales/12 moTCTerraverde Country Club0.3 mi away · median $153K, 11 sales/12 moHHHidden Harbor (Lee)0.3 mi away · median $1.87M, 8 sales/12 moAOAmerica Outdoors Condo Association Inc0.3 mi away · median $85K, 4 sales/12 moRWRoyal Woods0.4 mi away · median $174K, 26 sales/12 moNGNewport Glen0.4 mi away · median $150K, 15 sales/12 mo

Browse all neighborhood guides →

Talk to a Local Waterway Bay Expert
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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.

$2,160/mo
Lee County typical true cost to own
$183/mo
Lee County typical home insurance
Check CDD
Confirm before you offer

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.