2 Bed Condominium for Sale in North Fort Myers
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For SaleMLS# 2026029722

$167,500

2 Bed Condominium for Sale in North Fort Myers

3340 N Key Drive 7, North Fort Myers, FL, 33903

2 beds1 baths791 sqft
ClubhouseCommunity Pool

About this home

Experience the best of Southwest Florida waterfront living at Palms at Waters Edge, a beautifully maintained riverfront community in North Fort Myers. This updated 2-bedroom, 1-bath second-floor condo offers 791 square feet of comfortable living space with an open-concept design perfect for year-round living or a seasonal retreat. Inside, you'll find new luxury vinyl plank flooring, impact-resistant windows and glass, and a bright, airy floor plan. The galley-style kitchen features a convenient breakfast bar overlooking the living and dining areas, creating an inviting space for entertaining. Step out onto your private balcony overlooking the beautifully landscaped courtyard, where you can relax and enjoy peaceful garden views. Palms at Waters Edge offers exceptional amenities, including a waterfront resort-style pool, BBQ and picnic area with gas grills and outdoor seating, community room, and fitness center. Residents also enjoy one of the community's most distinctive features—a concrete riverfront boardwalk along the Caloosahatchee River, perfect for morning walks, dolphin watching, and taking in breathtaking views of the Historic Fort Myers River District across the water. Conveniently located just minutes from Marina Town, a popular waterfront destination known for its marina-side dining, entertainment, and vibrant atmosphere, the community also provides easy access to the shops, restaurants, galleries, and nightlife of the Downtown Fort Myers Historic River District. Whether you're in the mood for casual waterfront dining, live entertainment, boutique shopping, or an upscale fine dining experience, you'll find it all nearby. Don't miss this opportunity to own an affordable piece of paradise in one of North Fort Myers' most desirable waterfront communities.

Property details

Type
Condominium
Year built
1974
Interior
791 sqft
Lot size
3,942.18 sqft
Acreage
0.09 acres
Garage
None
Days on market
51
Total association fees
$6,300/yr (~$525/mo)
CDD
None
Est. taxes (1.4%)
$2,345/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
Impact Windows/Doors
Exposure
South
Waterfront
No
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
Assessment Paid
Sewer
Assessment Paid
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

IrrigationWaterMaintenanceGroundsRoadMaintenanceSewerStreetLightsTrashWater

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

Amenities

ClubhouseBarbecuePicnicAreaPoolSidewalksManagement

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
$212/sqft
Comp median
$180/sqft
Difference
+18%

Based on the $/sqft of 4 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
3340 N Key Drive B1May 2026$144,1502/1791$182
3330 N Key Drive F6Jun 2026$165,0002/1791$209
3460 N Key Drive 301Oct 2025$149,0001/1840$177
4510 N Key Drive 104Oct 2025$170,0002/2982$173
Average4 comps$157,038$185

Market trends, North Fort Myers

Median list
$275,000
Median $/sqft
$180
Median sold (90d)
$275,000
Avg days on market
90
Active listings
637
Median sold price · North Fort Myers
$275,000last 3 months7.6% vs $297,500 prior 3 months
Median closed price by month · North Fort Myers
2.4% MoM5.2% YoY
$240k$284k$329kJul ’25Aug ’26
$275,000Aug ’26 · 79 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.

The good, the trade-offs & the location

Pros
  • Storm protection: Impact Windows/Doors
Consider
  • Built 1974 — 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
Location convenienceHigh
Hospital
4 mi
Cape Coral Hospital
Beach
14.8 mi
Fort Myers Beach
Airport
5.2 mi
Page Field (Fort Myers)
Shopping
3.4 mi
Coralwood / Merchants Crossing (Cape)

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.