1 Bed Condominium for Sale in The Residence
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For SaleMLS# 224086821

$152,000

1 Bed Condominium for Sale in The Residence

4122 Residence Drive 120, Fort Myers, FL, 33901

1 beds1 baths697 sqft
GatedFitness CenterClubhouse

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

AssociationManagementCableTvInsuranceInternetLegalAccountingPestControlSewerStreetLightsTrashWater

What the association dues cover, per the MLS. Confirm the full schedule with the HOA.

Amenities

BilliardRoomBilliardsBikeStorageClubhouseFitnessCenterBarbecuePicnicAreaSeeRemarksSidewalksTrailsManagement

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.

Above marketThis home is priced above comparable recent sales.
This home
$218/sqft
Comp median
$152/sqft
Difference
+43%

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.

AddressSoldSold priceBeds/BathsSq ft$/sqft
4790 S Cleveland Avenue 2105Jun 2026$117,5002/2801$147
3421 Winkler Avenue 407Sep 2025$122,0002/2860$142
2022 Maple AvenueSep 2025$128,0002/1844$152
2816 Central AvenueDec 2025$130,0002/1720$181
2215 South StreetAug 2026$189,0002/1864$219
Average5 comps$137,300$168

Market trends, Fort Myers

Median list
$319,998
Median $/sqft
$209
Median sold (90d)
$330,000
Avg days on market
97
Active listings
2,471
Median sold price · Fort Myers
$330,000last 3 months1.5% vs $335,000 prior 3 months
Median closed price by month · Fort Myers
9.1% MoM5.3% YoY
$319k$349k$380kJul ’25Aug ’26
$347,450Aug ’26 · 372 sales

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, 2025Price reducedfrom $169,000$152,000
Nov 1, 2024Listed$169,000

The good, the trade-offs & the location

Pros
  • Built 2005 — post-2002 Florida wind codes (typically lower insurance)
  • Lower flood risk (zone X)
  • Storm protection: Impact Windows/Doors
Consider
  • No garage listed
Location convenienceHigh
Hospital
3.9 mi
Gulf Coast Medical Center
Beach
11.6 mi
Fort Myers Beach
Airport
1 mi
Page Field (Fort Myers)
Shopping
0.4 mi
Edison Mall (Fort Myers)

Straight-line distances to major SWFL amenities, approximate; actual drive times vary.

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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.