$57,000
1 Bed Waterfront Home Sold in Tropic Terrace
1418 Tropic Terrace, North Fort Myers, FL, 33903
About this home
Welcome to your serene oasis at 1418 Tropic Terrace, nestled in the vibrant 55+ community in North Ft Myers. This charming, 1 bedroom 1 bath home offers the perfect blend of comfort and convenience, ideally located in the heart of North Fort Myers, close to shopping, restaurants, downtown and medical offices. The stunning beaches of Fort Myers and Sanibel Island only 20 miles away. Enjoy the sunsets in your very own Florida Room or invite a friend for a fun game of shuffleboard. This community provides a boat dock and boat ramp giving you a short run to the Caloosahatchee River. The well-equipped kitchen features ample cabinet space, and a cozy breakfast nook, perfect for leisurely morning meals. This active adult community is a wonderful Florida lifestyle, featuring a range of amenities, including a swimming pool, clubhouse, and various recreational activities, fostering a friendly and engaging environment. Experience the best of Florida living at Tropic Terrace where your perfect retirement haven awaits!
Property details
- Type
- Condominium
- Year built
- 1967
- Interior
- 706 sqft
- Lot size
- 13,869.504 sqft
- Acreage
- 0.32 acres
- Garage
- None
- Days on market
- 590
- Total association fees
- $6,408/yr (~$534/mo)
- CDD
- None
- Est. taxes (1.4%)
- $798/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- None listed
- Exposure
- South
- Waterfront
- Yes
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- No
- Spa
- No
- Natural gas
- No
- Water
- Public
- Sewer
- Public Sewer
- New construction
- No
- Pets
- No
- 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.
We rate a home against recently SOLD homes within ~1 mile that match on size, beds/baths, and age. This home doesn't have enough close comparables in the last 12 months for a reliable read, ask Rick for a personalized CMA.
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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 |
|---|---|---|---|---|---|
| 4728 Orange Grove Boulevard 14 | Aug 2026 | $55,000 | 1/1 | 592 | $93 |
| Average | 1 comps | $55,000 | $93 |
Market trends, Tropic Terrace
Live community medians from the MLS · see all listings. Indicative, not an appraisal.
Price & status history
Down $55,000 (52.4%) from the original list price.
| Aug 20, 2026 | Sold | $50,000 |
| Jun 14, 2026 | Price reducedfrom $62,000 | $57,000 |
| Dec 23, 2024 | Listed | $105,000 |
The good, the trade-offs & the location
- Waterfront
- Built 1967 — pre-2002 construction may carry older wind codes and higher insurance
- In a higher-risk flood zone (AE) — flood insurance likely required
- No garage listed
- 55+ age-restricted community
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.
Similar communities
Matched by amenities, price tier, and location to Tropic Terrace.
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.