$106,000
2 Bed Condominium for Sale in Fort Myers
1560 Colonial Boulevard 235, Fort Myers, FL, 33907
About this home
Excellent investment opportunity in a prime Fort Myers location! This well-positioned condo at Colonial West offers immediate rental income with a tenant already in place, creating a seamless opportunity for investors looking to minimize vacancy and maximize cash flow. Conveniently located near US-41, Downtown Fort Myers, shopping, dining, medical facilities, and everyday conveniences, the property benefits from strong rental demand and central accessibility. Tenant is in place through August 2026 and would like to remain, providing added stability and continuity for the next owner. Whether you are expanding your portfolio or looking for a low-maintenance investment property in Southwest Florida, this is an opportunity worth considering.
Property details
- Type
- Condominium
- Year built
- 1972
- Interior
- 874 sqft
- Lot size
- 4,983.264 sqft
- Acreage
- 0.11 acres
- Garage
- None
- Days on market
- 107
- Total association fees
- $4,980/yr (~$415/mo)
- CDD
- None
- Est. taxes (1.4%)
- $1,484/yr
- Flood zone (area est.)
- No · Low risk (X)
- Storm protection
- None listed
- Exposure
- North
- 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
- 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.
Based on the $/sqft of 3 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.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 1560 Colonial Boulevard 234 | Aug 2026 | $92,900 | 1/1 | 708 | $131 |
| 1560 Colonial Boulevard 136 | Aug 2026 | $98,000 | 2/1 | 874 | $112 |
| 4790 S Cleveland Avenue 2105 | Jun 2026 | $117,500 | 2/2 | 801 | $147 |
| Average | 3 comps | $102,800 | $130 |
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 $14,000 (11.7%) from the original list price.
| Aug 11, 2026 | Price reducedfrom $109,000 | $106,000 |
| Apr 26, 2026 | Listed | $120,000 |
The good, the trade-offs & the location
- Lower flood risk (zone X)
- Built 1972 — pre-2002 construction may carry older wind codes and higher insurance
- 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.