2 Bed Condominium for Sale in Terrace Iv
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For SaleMLS# 2026009545

$300,000

2 Bed Condominium for Sale in Terrace Iv

16615 Lake Circle Drive 447, Fort Myers, FL, 33908

2 beds2 baths1,154 sqft
Beach AccessFitness CenterClubhouse

About this home

This lovely 4th floor, 2/BR, 2/BA, with carport residence offers spectacular lake view right from your screened-in lanai to enjoy beautiful sunsets and wildlife year round! Unit offers tile flooring throughout, granite counter tops against updated white cabinetry, stylish hardware and updated faucets in kitchen and both ensuites! Custom paint throughout and updated modern lighting in dining & kitchen bar area are just a few of the updated features that enhances its attractiveness! Gated community, close to beaches and islands with resort style pool, BBQ area with beautiful surroundings and a walk/riding path around the lake is perfect for the active lifestyle! Whether you are thinking of full-time living, or a winter retreat, don't wait any longer, call today - You can afford to dwell well!

Property details

Type
Condominium
Year built
2004
Interior
1,154 sqft
Lot size
10,293.228 sqft
Acreage
0.24 acres
Garage
None
Days on market
181
Total association fees
$7,360/yr (~$613/mo)
CDD
None
Est. taxes (1.4%)
$4,200/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
Impact Windows/Doors
Exposure
West
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

AssociationManagementCableTvInternetLegalAccountingMaintenanceGroundsPestControlReserveFundSewerStreetLightsSecurityTrashWater

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

Amenities

BeachRightsClubhouseFitnessCenterBarbecuePicnicAreaPierSpaHotTubSidewalksManagement

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
$260/sqft
Comp median
$243/sqft
Difference
+7%

Based on the $/sqft of 8 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
16605 Lake Circle Drive 337May 2026$265,0002/21,232$215
16655 Lake Circle Drive 845Jun 2026$275,0002/21,194$230
16635 Lake Circle Drive 627Apr 2026$295,0002/21,232$239
16655 Lake Circle Drive 843Nov 2025$252,0002/21,232$205
37 Ronald DriveApr 2026$260,0002/21,056$246
16080 Siesta DriveApr 2026$336,0003/21,344$250
Average6 comps$280,500$231

Market trends, Fort Myers

Median list
$319,998
Median $/sqft
$209
Median sold (90d)
$330,000
Avg days on market
98
Active listings
2,493
Median sold price · Fort Myers
$330,000last 3 months1.5% vs $335,000 prior 3 months
Median closed price by month · Fort Myers
6.3% MoM2.6% YoY
$319k$349k$380kJul ’25Aug ’26
$338,500Aug ’26 · 354 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 $32,500 (9.8%) from the original list price.

Aug 27, 2026Price reducedfrom $332,500$300,000
Feb 27, 2026Listed$332,500

The good, the trade-offs & the location

Pros
  • Built 2004 — post-2002 Florida wind codes (typically lower insurance)
  • Storm protection: Impact Windows/Doors
Consider
  • In a higher-risk flood zone (AE) — flood insurance likely required
  • No garage listed
Location convenienceHigh
Hospital
3.2 mi
HealthPark Medical Center
Beach
3.4 mi
Fort Myers Beach
Airport
7.4 mi
Page Field (Fort Myers)
Shopping
5.4 mi
Bell Tower Shops

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.