2 Bed 1 Bath Waterfront Condominium for Sale in PALMS AT WATERS EDGE, FL
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SoldMLS# 2025025207

$157,750

2 Bed 1 Bath Waterfront Condominium for Sale in PALMS AT WATERS EDGE, FL

3340 N Key Drive B1, North Fort Myers, FL, 33903

2 beds1 baths791 sqft
GatedClubhouseCommunity PoolWaterfront

About this home

Discover your dream waterfront condo! This beautifully remodeled 2-bedroom, 1-bath corner unit features an additional interior storage room for your convenience. Located in the desirable Palms at Waters Edge community in North Fort Myers, this home boasts an updated kitchen with solid surface countertops, stainless steel appliances, and modern cabinetry. The bathroom has also been upgraded, featuring a stylish vanity and a tile-surround shower. Fresh interior paint and new flooring throughout enhance the refreshed ambiance. Enjoy serene riverfront views while lounging by the water or relaxing in the community pool. Just minutes from Downtown Fort Myers, you'll have easy access to dining, nightlife, and year-round special events, whether by car or trolley. This condominium combines an excellent price, prime location, and a vibrant lifestyle. Don't miss out—schedule your showing today!

Property details

Type
Condominium
Year built
1974
Interior
791 sqft
Lot size
Not specified
Acreage
Not specified
Garage
None
Days on market
104
Total association fees
$6,420/yr (~$535/mo)
CDD
None
Est. taxes (1.4%)
$2,209/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
Impact Windows/Doors
Exposure
South
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

IrrigationWaterMaintenanceGroundsPestControlTrashWater

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

Amenities

ClubhouseBarbecuePicnicAreaPoolManagement

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
$199/sqft
Comp median
$175/sqft
Difference
+14%

Based on the $/sqft of 4 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
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
4510 N Key Drive 304Jul 2026$135,0002/2982$137
Average4 comps$154,750$174

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 $35,849 (19.9%) from the original list price.

May 22, 2026Sold$144,150
Feb 16, 2026Price reducedfrom $172,500$157,750
Dec 18, 2025Listed$179,999

The good, the trade-offs & the location

Pros
  • Waterfront
  • 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.