Aerial view of Waterway Cove

Waterway Cove
Homes for Sale in North Fort Myers, FL

All 347 homes for sale in North Fort Myers, FL · median $154,900 · 382 homes for sale in 33917 · Lee County homes for sale

Community in North Fort Myers · Lee County · ZIP 33917
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True comps, carrying-cost math, and listings before the portals.

Built fromLive Florida Gulf Coast MLS data11 years of closingsUpdated twice daily

Last 30 days in Waterway Cove: 1 new listing (median asking $875,000). As of October 2, 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.

Live · Waterway Cove 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
0 · 0
For sale · pending
live counts, refreshed twice daily
Jon Brooks, founder of Momentum Realty
Jon's Current Read

There is no active MLS pricing data for Waterway Cove at this snapshot, which is itself useful information: it tells you the community is not currently generating enough listing volume to establish a market read. That is common in smaller or lower-turnover pockets of North Fort Myers, and it means anyone pricing a sale or an offer here right now has to lean on comparable communities nearby rather than Waterway Cove's own recent activity.

For a seller, thin listing inventory can work in your favor if you are the only option buyers can look at, but it also means there is no fresh comp trail to justify your number, so an appraisal-ready pricing strategy matters more than usual. For a buyer, the absence of listings simply means patience and a standing search alert are the tools that matter here, not urgency.

Nearby homes for sale

No active listings inside Waterway CoveHomes for Sale in North 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.

15361 River Cove CT
$875K · 0.0 mi away
3 bd · 3 ba · 2,436 sqft
15361 River Cove CT
Listed by EXP Realty LLC
15411 River Vista DR 202
$270K · 0.1 mi away
2 bd · 2 ba · 1,456 sqft
15411 River Vista DR 202
Listed by Vision One Realty Group, Inc.
15256 Riverbend BLVD 202
$235K · 0.1 mi away
2 bd · 2 ba · 1,429 sqft
15256 Riverbend BLVD 202
Listed by Experience Real Estate Group
15256 Riverbend BLVD 105
$200K · 0.1 mi away
2 bd · 2 ba · 1,429 sqft
15256 Riverbend BLVD 105
Listed by Blue Line Realty of SWFL
15371 River Vista DR 801
$345K · 0.1 mi away
3 bd · 2 ba · 1,644 sqft
15371 River Vista DR 801
Listed by KW Florida Living
15371 River Vista DR 803
$319K · 0.1 mi away
3 bd · 2 ba · 1,644 sqft
15371 River Vista DR 803
Listed by Coldwell Banker Realty

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

The 60-Second Overview

Waterway Cove sits in North Fort Myers, within Lee County, an area generally defined by its proximity to the Caloosahatchee River corridor and the broader North Fort Myers residential grid rather than by a distinct amenity package of its own.

Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.

Best for

  • A buyer targeting the North Fort Myers area generally who is comfortable acting quickly once a listing appears
  • A buyer working with a broker to source off-market or pre-list opportunities rather than browsing active inventory
  • A seller willing to price based on nearby comparable communities given the lack of recent local sales data

Probably not for

  • A buyer who wants to compare multiple active listings within the community before deciding
  • A buyer relying on a documented amenity package as part of the decision
  • A seller expecting a fast, comp-driven pricing strategy without additional market research

The market around Waterway Cove

Waterway Cove is too small for its own price trend, so here is the market around it.

In ZIP 33917, 485 homes are on the market and 19% are under contract — a steady corner of North Fort Myers.

Across Lee County, 7,579 homes are active and 1,646 pending (18% under contract).

In ZIP 33917 (North Fort Myers), 809 homes closed in the last 12 months at a median of $315K ($182/sq ft), down 2.3% year over year, with a median 63 days on market. Right now 352 active and 80 pending listings — a buyer's market. See the live ZIP 33917 housing market and the Lee County market.

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

If we were buying in Waterway Cove 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 Cove.

Best Buy
Buyers and sellers who want a specific home in this pocket of North Fort Myers rather than a documented market trend.
Biggest Risk
With no recent comps, pricing either a sale or an offer requires extra diligence and cannot rely on Waterway Cove's own sales history.
Sweet Spot
Works best for a patient buyer with a flexible timeline and a broker actively monitoring the feed for new inventory.
Avoid If
Avoid if you need a documented price trend or amenity list to make your decision before a listing even appears.

A Community Without a Current Market Footprint

As of this snapshot, no community amenities are identified from current MLS listings for Waterway Cove, and there is no active pricing or days-on-market data to describe. That does not mean the community lacks structure or character on the ground; it means the MLS feed we rely on for this report has nothing currently listed or recently closed that we can point to with confidence.

In practice, this is a community better evaluated property-by-property than by neighborhood-level trend. Anyone seriously considering Waterway Cove should expect the diligence to center on the individual home, its lot, and its condition rather than on a community amenity set or a documented price pattern, since none of that is currently visible in the data.

“

The location and the amenities are priced into every listing in Waterway Cove. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

When a community has no current listing activity to analyze, the value of a broker shifts from interpreting stats to sourcing opportunity: watching for a new listing the moment it hits, pulling comps from adjacent North Fort Myers pockets, and helping a seller build a defensible price without a local trend line to lean on. That is the work we do on communities like Waterway Cove.

Waterway Cove in 15 seconds.

Best forBuyers and sellers who want a specific home in this pocket of North Fort Myers rather than a documented market trend.
Biggest advantageLow current competition means a well-priced listing here can stand out simply by being the only option available.
Biggest riskWith no recent comps, pricing either a sale or an offer requires extra diligence and cannot rely on Waterway Cove's own sales history.
Sweet spotWorks best for a patient buyer with a flexible timeline and a broker actively monitoring the feed for new inventory.
Avoid ifAvoid if you need a documented price trend or amenity list to make your decision before a listing even appears.

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the Waterway Cove homeowners association, its management company or its developer, and we cannot help with dues, gate access, violations, amenity bookings or association documents. To reach the association, check your closing package, the recorded declaration at the county clerk, or search the association’s name at sunbiz.org for its registered agent. Call or message us to buy or sell a home in Waterway Cove.
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 Cove sales matched to your home.

What is your Waterway Cove home worth?

Get a no-obligation home value based on real comparable sales in Waterway Cove, 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 North Fort Myers →

Real comps, not an automated estimate.
A buyer targeting the North Fort Myers area generally who is comfortable acting quickly once a listing appearsExcellent fit
A buyer working with a broker to source off-market or pre-list opportunities rather than browsing active inventoryExcellent fit
A seller willing to price based on nearby comparable communities given the lack of recent local sales dataExcellent fit
A buyer who wants to compare multiple active listings within the community before decidingProbably not
A buyer relying on a documented amenity package as part of the decisionProbably not
A seller expecting a fast, comp-driven pricing strategy without additional market researchProbably not

Data sources & freshness

Live listingsFlorida Gulf Coast MLS, refreshed twice daily (last: September 17, 2026)
Under-contract sharesFlorida Gulf Coast MLS records, as of 2026-09-20
Historical depthClosed-sale records back to 2015 (2 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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Common questions about Waterway Cove

Where is Waterway Cove?

Waterway Cove is a community in North Fort Myers, Lee County, Florida, ZIP 33917.

Are there homes for sale in Waterway Cove right now?

No active listings inside Waterway Cove 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 Cove have an HOA or CDD?

No HOA is on record for Waterway Cove 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 Cove with Momentum Realty’s local guides.

Palm Lakes (Lee)0.1 mi away · median $124K, 4 sales/12 moVillage Of Indian Creek0.1 mi away · 3 for saleYachtsmans Cove0.2 mi away · median $204K, 4 sales/12 moRiverbend (Lee)0.2 mi away · median $256K, 14 sales/12 moSawmill Villas Condo0.3 mi away · median $105K, 3 sales/12 moIndian Creek Golf Villas0.3 mi away · 1 for saleFort Myers Estates0.3 mi away · 1 for saleFoxmoor Lakes0.3 mi away · median $143K, 11 sales/12 mo

Browse all neighborhood guides →

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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.

$2,184/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.