2 Bed 2 Bath Condominium for Sale in TERRACE, FL
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SoldMLS# 2025009165

$270,000

2 Bed 2 Bath Condominium for Sale in TERRACE, FL

10361 Butterfly Palm Drive 727, Fort Myers, FL, 33966

2 beds2 baths1,232 sqft
GatedGolfPickleballTennisBocceFitness CenterClubhouseBasketballCommunity PoolOn-site Dining

About this home

Welcome to this inviting Brookside model, perfectly situated on the second floor to capture spectacular lake views. Located in the highly sought-after Heritage Palms Golf & Tennis Community, this home is offered turnkey—move right in and start enjoying the Florida lifestyle. The bright, open layout is filled with natural light, featuring a kitchen bay window and sliding glass doors that open to the lanai. The lanai is open on two sides, offering panoramic views of the lake, clubhouse, and lighted fountain—the perfect backdrop for serene mornings or relaxing evenings. Wake up to glowing sunrises and savor cooler afternoons on your private retreat. Updates include a new AC (March 2025) for peace of mind, and the combination of tile and carpet flooring has been recently cleaned and well maintained. Heritage Palms is a gated country club community offering bundled golf and tennis, three on-site dining venues, and an array of resort-style amenities. Ideally located near SWFL International Airport, pristine beaches, shopping, and dining, this community delivers both lifestyle and value.

Property details

Type
Condominium
Year built
2004
Interior
1,232 sqft
Lot size
10,794.168 sqft
Acreage
0.25 acres
Garage
None
Days on market
110
Total association fees
$14,243/yr (~$1,187/mo)
CDD
None
Est. taxes (1.4%)
$3,780/yr
Flood zone (area est.)
No · Low risk (X)
Storm protection
None listed
Exposure
Northwest
Waterfront
No
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
Public
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

CableTvGolfInsuranceInternetIrrigationWaterLegalAccountingMaintenanceGroundsMaintenanceStructurePestControlReserveFundRoadMaintenanceSewerStreetLightsSecurityTrashWater

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

Amenities

BasketballCourtBocceCourtClubhouseFitnessCenterGolfCourseLibraryBarbecuePicnicAreaPierPickleballParkPrivateMembershipPoolPuttingGreensRestaurantSpaHotTubTennisCourtsManagement

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.

At marketThis home is priced in line with comparable recent sales.
This home
$219/sqft
Comp median
$221/sqft
Difference
-1%

Based on the $/sqft of 19 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.

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Your notes on this home

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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
8056 Queen Palm Lane 644Jul 2026$254,0002/21,122$226
10381 Butterfly Palm Drive 945Oct 2025$310,0002/21,232$252
8066 Queen Palm Lane 535May 2026$248,0002/21,194$208
8066 Queen Palm Lane 525Aug 2025$245,0002/21,194$205
10391 Butterfly Palm Drive 1014Feb 2026$235,0002/21,122$209
10391 Butterfly Palm Drive 1012Jun 2026$255,0002/21,234$207
Average6 comps$257,833$218

Market trends — Fort Myers

Median list
$324,900
Median $/sqft
$213
Median sold (90d)
$335,000
Avg days on market
97
Active listings
2,590
Median sold price · Fort Myers
$332,000last 3 months0.6% vs $330,000 prior 3 months
Median closed price by month · Fort Myers
2.5% MoM3.7% YoY
$317k$348k$380kJul ’25Jul ’26
$316,750Jul ’26 · 226 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 $39,000 (13.5%) from the original list price.

Feb 2, 2026Sold$250,000
Dec 3, 2025Price reducedfrom $289,000$270,000
Sep 14, 2025Listed$289,000

The good, the trade-offs & the location

Pros
  • Built 2004 — post-2002 Florida wind codes (typically lower insurance)
  • Lower flood risk (zone X)
Consider
  • No garage listed
  • Higher association fees (~$14,243/yr)
Location convenienceHigh
Hospital
4.1 mi
Gulf Coast Medical Center
Beach
12.4 mi
Fort Myers Beach
Airport
2.3 mi
Page Field (Fort Myers)
Shopping
2.8 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.