$152,000
1 Bed Condominium for Sale in The Residence
4122 Residence Drive 120, Fort Myers, FL, 33901
About this home
Spacious 3rd-Floor Condo with High Ceilings & Peaceful Green Views! Welcome to this bright, airy, and beautifully maintained 1-bedroom open-concept condo. Located on the 3rd floor, this unit boasts impressive high ceilings that create a grand, spacious feel, along with a large bathroom and an expansive screened-in lanai offering a tranquil view over a lush green backyard. Location & Lifestyle Highlights: Exceptional Walkability: Just steps away from the Edison Mall, diverse dining options, coffee shops, and premium shopping. Convenient Transit: Situated right near a primary bus station, making it effortless to catch a ride to surrounding towns and beautiful local beaches. Minutes from the Historic River District: Stroll down the charming, brick-lined streets of Downtown Fort Myers to explore vibrant art galleries, unique antique shops, the local Convention Center, and River District Park. "Vine & Dine" Downtown: Savor exceptional dining and entertainment at the many trendy restaurants and bars downtown has to offer. Historic McGregor Boulevard: Just moments from Southwest Florida’s most famous palm-lined street, home to the historic Thomas Edison & Henry Ford Winter Estates. End your day at the waterfront Pinchers Restaurant, enjoying dinner with marina and river views as the boats cruise by. Investor Alert: This turnkey unit is an investor's delight! Currently rented annually, it offers immediate, steady residual income to seamlessly add to your real estate portfolio.
Property details
- Type
- Condominium
- Year built
- 2005
- Interior
- 697 sqft
- Lot size
- 8,450.64 sqft
- Acreage
- 0.19 acres
- Garage
- None
- Days on market
- 603
- Total association fees
- $5,440/yr (~$453/mo)
- CDD
- None
- Est. taxes (1.4%)
- $2,128/yr
- Flood zone (area est.)
- No · Low risk (X)
- Storm protection
- Impact Windows/Doors
- Exposure
- North
- Waterfront
- No
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- No
- Spa
- No
- Natural gas
- No
- Water
- Assessment Paid
- Sewer
- Public Sewer
- New construction
- No
- Pets
- Call, Conditional
- County
- Lee
Total association fees sums the core association dues the MLS feed provides (HOA, condo/master association, and land lease), normalized to a yearly figure. These are separate from and additional to specialty charges, mandatory club or food-and-beverage minimums, special assessments, and rec-lease fees, which the IDX feed does not carry. Always confirm the full fee schedule with the HOA or listing agent.
Maintenance included in the fee
What the association dues cover, per the MLS. Confirm the full schedule with the HOA.
Amenities
Flood risk shown is an area-level estimate and can differ from a specific unit's actual FEMA designation (which varies by structure and elevation). Look up this address on the FEMA Flood Map and verify with a licensed insurance agent before relying on it.
Based on the $/sqft of 5 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.
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Recently sold nearby
Closed comparable sales within ~1 mile in the last 12 months, similar price, size, beds/baths, and age.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 4790 S Cleveland Avenue 2105 | Jun 2026 | $117,500 | 2/2 | 801 | $147 |
| 3421 Winkler Avenue 407 | Sep 2025 | $122,000 | 2/2 | 860 | $142 |
| 2022 Maple Avenue | Sep 2025 | $128,000 | 2/1 | 844 | $152 |
| 2816 Central Avenue | Dec 2025 | $130,000 | 2/1 | 720 | $181 |
| 2215 South Street | Aug 2026 | $189,000 | 2/1 | 864 | $219 |
| Average | 5 comps | $137,300 | $168 |
Market trends, Fort Myers
Median of closed MLS sales each month over the available window. Months with too few sales are omitted; the range extends automatically as more sales close.
Live area medians from the MLS · see all listings. Indicative, not an appraisal.
Price & status history
Down $17,000 (10.1%) from the original list price.
| Oct 14, 2025 | Price reducedfrom $169,000 | $152,000 |
| Nov 1, 2024 | Listed | $169,000 |
The good, the trade-offs & the location
- Built 2005 — post-2002 Florida wind codes (typically lower insurance)
- Lower flood risk (zone X)
- Storm protection: Impact Windows/Doors
- No garage listed
Straight-line distances to major SWFL amenities, approximate; actual drive times vary.
Nearby schools
Get more information on their programs, scores, and extracurriculars on each school's page · browse the full schools directory.
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Listing information is provided in part by the Florida Gulf Coast Multiple Listing Service (MLS) through its Broker Reciprocity / Internet Data Exchange (IDX) program. Properties displayed may be listed by brokerages other than SWFL Relocation Team. Data is deemed reliable but is not guaranteed accurate by the MLS or this brokerage and should be independently verified. Fees, flood zones, taxes, square footage, and school assignments are estimates from the feed and must be confirmed. © 2026 SWFL Relocation Team. All rights reserved.