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  • Price cut: $16K (6/24)
    $379,000

    15220 Cape Sable Ln, Fort Myers, FL 33908

    3beds
    2,014sqft
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    Single Family Residence
    Built in 2000
    4,460 Square Feet Lot
    $-- Zestimate®
    $188/sqft
    $800/mo HOA

    What's special

    Private gated communityPrivate white sandy beach
    If you’ve been looking for something that truly feels like a Southwest Florida escape… this is it. Welcome to Waters Edge II... a private, gated community tucked right off Iona Road along the Caloosahatchee River, just minutes from where it opens into the Gulf. From here, you’re not just close to Sanibel, Captiva, and Fort Myers Beach… you’re living in the middle of it all. You’ll find a private, white sandy beach, marina, and 600-foot fishing pier with that “on a boat feeling” while viewing gorgeous sunsets, all right inside the community. It’s one of those hidden gems people find and never want to leave. When entering the villa, you’ll notice how tropical and private it feels surrounded by varied and colorful tropical plants including 3 varieties of palms. With southwestern exposure, you can enjoy those incredible Florida sunsets from your own lanai. The exterior was freshly painted in 2024, including the soffits. There are new gutters (2024), new roof (2023), new HVAC (2025) and all windows are protected with impact shutters by Storm Smart including electric roll downs covering the lanai and front door, clear Lexan on the arched windows and accordion style on the rest. All the big-ticket items are already taken care of. The layout is a true open-concept design, with the living room, dining area, and kitchen connected, yet; separate for easy, everyday living. The recessed triple sliding glass doors open completely to the screened lanai, giving you that seamless indoor-outdoor lifestyle Florida is known for. The kitchen has a unique, functional setup with a large island that combines the counter top, sink and dinette table all in one. It’s perfect for cooking or hosting. The light, stone-colored tile flooring throughout matches any décor except in the bedrooms where Brazilian Cherry hardwood floors add warmth and a more custom feel. The primary suite is spacious, and has direct access to the lanai. The bathroom features dual sinks, soaking tub, walk-in shower, skylight for natural light, and large walk-in closet. The second bedroom is also spacious with a sizable closet. Kitty corner to it is a nice-size bath with a white, tiled shower over a porcelain tub, sink and ample mirror. With guests in mind, these two rooms have a pull-out door extending across the hallway that adds privacy. A rosy, cozy third bedroom opposite the kitchen contains one of the long, arched windows. It can flex to an office instead if desired. Attached to the Villa is a two-car garage. There are two community pools—one just around the corner—plus tennis and pickleball courts with an active, welcoming community. The marina has wet and dry slips available for lease, boat launch and trailer storage. The beach, pier and pavilion to relax and take it all in are right there too. To top it off, this villa has never seen flooding from any of the storms.
    125 days
    |
    998
    |
    32
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Jackson Simison 239-848-7588,

    Royal Shell Real Estate, Inc.,

    Michael McMurray 239-850-7888,

    Royal Shell Real Estate, Inc.

    Source: Florida Gulf Coast MLS,MLS#: 2026012831MLS LogoOriginating MLS: Florida Gulf Coast

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Rooms
      • Room types: Screened Porch
      Heating
      • Central, Electric
      Cooling
      • Central Air, Ceiling Fan(s), Electric
      Appliances
      • Included: Dryer, Freezer, Disposal, Ice Maker, Microwave, Range, Refrigerator, RefrigeratorWithIce Maker, Washer
      • Laundry: Washer Hookup, Dryer Hookup, Inside, Laundry Tub
      Features
      • Breakfast Bar, Built-in Features, Bedroom on Main Level, Bathtub, Dual Sinks, Family/Dining Room, High Ceilings, Kitchen Island, Living/Dining Room, Main Level Primary, Pantry, Separate Shower, High Speed Internet, Split Bedrooms, Screened Porch
      • Flooring: Tile, Wood
      • Windows: Arched, Single Hung, Sliding, Shutters
      Interior area
      • Total structure area: 2,448
      • Total interior livable area: 2,014 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Attached, Garage, Garage Door Opener
      • Attached garage spaces: 2
      Features
      • Stories: 1
      • Patio & porch: Lanai, Porch, Screened
      • Exterior features: None, Shutters Electric, Shutters Manual
      • Has view: Yes
      • View description: Landscaped
      • Waterfront features: None
      Lot
      • Size: 4,460 Square Feet
      • Features: Rectangular Lot
      Details
      • Additional structures: Guest House Attached
      • Parcel number: 3645233000000.017A
      • Lease amount: $0
      • Zoning description: RM-2

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch,One Story
      • Property subtype: Single Family Residence
      • Attached to another structure: Yes
      Materials
      • Block, Concrete, Stucco
      • Roof: Tile
      Condition
      • Resale
      • Year built: 2000

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available, High Speed Internet Available

      Community & HOA

      Community
      • Features: Boat Facilities, Condo Hotel Community, Gated, Near Hotel/Motel, Tennis Court(s), Street Lights
      • Security: Smoke Detector(s)
      • Condo and coop fee: $0
      • Membership fee: $0
      • Subdivision: WATERS EDGE TWO AT PEPPERTREE POINTE
      HOA
      • Has HOA: Yes
      • Amenities included: Beach Rights, Boat Dock, Marina, Boat Ramp, Barbecue, Picnic Area, Pier, Boat Slip, Tennis Court(s), Management
      • Services included: Association Management, Insurance, Irrigation Water, Legal/Accounting, Maintenance Grounds, Pest Control, Recreation Facilities, Reserve Fund, Road Maintenance, Sewer, Street Lights, Security, Trash
      • HOA phone: 000-000-0000
      • Second HOA fee: $2,400 quarterly
      Location
      • Region: Fort Myers

      Financial & listing details

      • Price per square foot: $188/sqft
      • Tax assessed value: $297,564
      • Annual tax amount: $4,339
      • Date on market: 3/19/2026
      • Cumulative days on market: 125 days
      • Listing terms: All Financing Considered,Cash
      • Ownership: Single Family
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/17/2026Listing removed$2,400$1/sqft
        Source: Florida Gulf Coast MLS #2026029570 Report a problem
        7/13/2026Listed for rent$2,400$1/sqft
        Source: Florida Gulf Coast MLS #2026029570 Report a problem
        6/24/2026Price change$379,000-4.1%$188/sqft
        Source: Florida Gulf Coast MLS #2026012831 Report a problem
        6/1/2026Price change$395,000-2.5%$196/sqft
        Source: Florida Gulf Coast MLS #2026012831 Report a problem
        4/23/2026Price change$405,000-2.9%$201/sqft
        Source: Florida Gulf Coast MLS #2026012831 Report a problem
        3/19/2026Listed for sale$417,000+72.3%$207/sqft
        Source: Florida Gulf Coast MLS #2026012831 Report a problem
        7/28/2008Sold$242,000-10.3%$120/sqft
        Source: Public Record Report a problem
        12/14/2007Price change$269,900-18%$134/sqft
        Source: Century 21 #200753698 Report a problem
        12/1/2007Listed for sale$329,000+46.9%$163/sqft
        Source: Century 21 #200753698 Report a problem
        3/13/2003Sold$224,000+13.1%$111/sqft
        Source: Public Record Report a problem
        5/6/2002Sold$198,000$98/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,340 -6.8%$297,564 -4.4%
        2024$4,657 -2.1%$311,100 +10%
        2023$4,756 +14.4%$282,818 +10%
        2022$4,159 +17.5%$257,107 +10%
        2021$3,540 -0.4%$233,734 +1.2%
        2020$3,555 -1.1%$230,945 -0.3%
        2019$3,594 $231,753
        2018$3,594 -2.2%$231,753 -0.3%
        2017$3,674 +1.9%$232,560 +18.8%
        2016$3,604 +19%$195,761 +10.5%
        2015$3,027 $177,100 +4.5%
        2014$3,027 +3.9%$169,400 +9.9%
        2013$2,913 +16.9%$154,100 +7.2%
        2012$2,493 -9.5%$143,700 -8.1%
        2011$2,755 +6.7%$156,300 +10.1%
        2010$2,582 -27.3%$142,000 -31.6%
        2009$3,552 +16%$207,510 -9.8%
        2008$3,063 -2.9%$230,000 -14.2%
        2007$3,153 -2%$268,000 +11.2%
        2006$3,217 -7.5%$241,000 +20.5%
        2004$3,478 +4.3%$200,000 +22.7%
        2003$3,336 +1.2%$163,000
        2002$3,295 $163,000 +482.1%
        2000-- $28,000
        Find assessor info on the county website

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        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Iona

        Getting around

        10 / 100
        Car-Dependent
        38 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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