2 Bed 2 Bath Waterfront Condominium for Sale in ADMIRALTY YACHT & RACQUET CLUB, FL
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SoldMLS# 2025020948

$129,000

2 Bed 2 Bath Waterfront Condominium for Sale in ADMIRALTY YACHT & RACQUET CLUB, FL

15448 Admiralty Circle 11, North Fort Myers, FL, 33917

2 beds2 baths1,146 sqft
TennisBoatingClubhouseCommunity PoolWaterfront

About this home

Discover Your Perfect Florida Escape — at an Incredible Price Point. Seller is offering $5,000 towards buyer's closing cost with the right offer and agreeable contract paid at closing of sale. Welcome to effortless waterfront living in this beautifully maintained 2-bedroom, 2-bath “turnkey” condo offering breath taking panoramic sunrise views over the river. Located in the highly desirable Admiralty Yacht & Racquet Club, this home is ideal for those seeking a warm, maintenance-free retreat for the winter season — or a year-round haven where every day feels like vacation. Step inside and enjoy vaulted ceilings, an inviting front porch/lanai, a bright eat-in kitchen, and an indoor laundry room for convenience. The spacious primary suite features a generous walk-in closet and private access to the large, screened lanai — perfect for morning coffee with a sunrise backdrop. Additional perks include a guest bedroom and bath, extra storage, and a covered carport. This active riverfront community offers resort-style living with amenities designed for relaxation and connection: a sparkling pool with sundeck, tennis courts, clubhouse, fishing pier, and marina. Best of all, you’re just minutes from restaurants, medical facilities, and a short drive to downtown Fort Myers, Cape Coral, and the world-famous beaches of Fort Myers and Sanibel Island. This property features many NEW items that include lanai windbreak panels, dishwasher, disposal, carpet in the primary bedroom and living room & a New HVAC system in 2021---Water heater is a 2017 Whether you're seeking a seasonal getaway, easy investment property, or stress-free vacation home you can simply lock and leave, this condo delivers exceptional value. At this price, it is currently the lowest-priced home in Admiralty Yacht Club — the opportunity you don’t want to miss.

Property details

Type
Condominium
Year built
1985
Interior
1,146 sqft
Lot size
10,058.004 sqft
Acreage
0.23 acres
Garage
None
Days on market
122
Total association fees
$10,032/yr (~$836/mo)
CDD
None
Est. taxes (1.4%)
$1,806/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
None listed
Exposure
Southeast
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
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

AssociationManagementInsuranceMaintenanceGroundsMaintenanceStructurePestControlReserveFundSewerTrashWater

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

Amenities

MarinaClubhousePierPoolTennisCourtsManagement

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.

Below marketThis home is priced below comparable recent sales — a potential value.
This home
$113/sqft
Comp median
$123/sqft
Difference
-8%

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
15481 Admiralty Circle 4Jul 2026$140,0003/21,336$105
15160 Riverbend Boulevard 403Nov 2025$125,0002/2954$131
15630 Crystal Lake Drive 103Oct 2025$130,0002/2968$134
5801 Crystal Lake Lane 101Feb 2026$129,0002/2968$133
15504 Crystal Lake DriveMay 2026$143,0002/21,021$140
7074 Nantucket Circle 8Mar 2026$117,0002/21,171$100
Average6 comps$130,667$124

Market trends — North Fort Myers

Median list
$274,900
Median $/sqft
$178
Median sold (90d)
$275,000
Avg days on market
94
Active listings
629
Median sold price · North Fort Myers
$276,000last 3 months4.8% vs $289,999 prior 3 months
Median closed price by month · North Fort Myers
5.8% MoM12.7% YoY
$240k$284k$329kJul ’25Jul ’26
$275,000Jul ’26 · 51 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 $34,900 (22.5%) from the original list price.

Apr 15, 2026Sold$120,000
Mar 10, 2026Price reducedfrom $139,900$129,000
Nov 23, 2025Listed$154,900

The good, the trade-offs & the location

Pros
  • Waterfront
Consider
  • Built 1985 — 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
  • Higher association fees (~$10,032/yr)
Location convenienceHigh
Hospital
7 mi
Cape Coral Hospital
Beach
17.4 mi
Fort Myers Beach
Airport
7.1 mi
Page Field (Fort Myers)
Shopping
6.1 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.