$289,000
2 Bed 2 Bath Waterfront Condominium for Sale in PALAZZO, FL
10720 Palazzo Way 402, Fort Myers, FL, 33913
About this home
Turnkey Tivoli model, 4th floor condo in Palazzo at Pelican Preserve featuring stunning golf and lake views. This highly desirable floor plan offers an open concept layout that lives like a single family home, providing both space and comfort with staggered tile throughout. The kitchen is equipped with quartz countertops with a one level design, white shaker cabinets, and GE appliances. Impact-resistant doors and windows with window coverings are installed throughout. Enjoy the screened lanai with upgraded tile flooring and peaceful golf and lake views, along with added privacy on both sides. The primary suite features a beautiful king size bed set, a walk-in closet, and an ensuite bath with a large walk-in glass shower and spacious vanity. The guest bedroom features 2 twin size beds, and the guest bath offers a tub/shower combination. Additional features include an interior laundry area with washer and dryer, a 2025 hot water heater, and a well maintained A/C system serviced twice per year. Residents of the Palazzo neighborhood have access to a private community pool. Located within Pelican Preserve, a premier 55+ community, this property is close to Southwest Florida International Airport, shopping, dining, and area beaches. Move-in ready and ideal for enjoying the Southwest Florida lifestyle.
Property details
- Type
- Condominium
- Year built
- 2019
- Interior
- 1,242 sqft
- Lot size
- 11,456.28 sqft
- Acreage
- 0.26 acres
- Garage
- None
- Days on market
- 22
- Total association fees
- $12,220/yr (~$1,018/mo)
- CDD
- None
- Est. taxes (1.4%)
- $4,046/yr
- Flood zone (area est.)
- No · Low risk (X)
- Storm protection
- Impact Windows/Doors
- Exposure
- Northeast
- 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
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 7 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.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 10720 Palazzo Way 302 | Oct 2025 | $280,000 | 2/2 | 1,242 | $225 |
| 10720 Palazzo Way 302 | Jun 2026 | $264,000 | 2/2 | 1,242 | $213 |
| 10720 Palazzo Way 405 | Aug 2025 | $310,000 | 2/2 | 1,242 | $250 |
| 10720 Palazzo Way 206 | Dec 2025 | $305,000 | 3/2 | 1,406 | $217 |
| 10740 Palazzo Way 201 | Dec 2025 | $275,000 | 3/2 | 1,390 | $198 |
| 10751 Palazzo Way 402 | Apr 2026 | $295,000 | 2/2 | 1,242 | $238 |
| Average | 6 comps | $288,167 | $224 |
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 $9,000 (3.1%) from the original list price.
| Jun 18, 2026 | Sold | $280,000 |
| Apr 22, 2026 | Listed | $289,000 |
The good, the trade-offs & the location
- Built 2019 — post-2002 Florida wind codes (typically lower insurance)
- Lower flood risk (zone X)
- Waterfront
- Storm protection: Impact Windows/Doors
- No garage listed
- Higher association fees (~$12,220/yr)
- 55+ age-restricted community
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.