$229,000
2 Bed Waterfront Home for Sale in Fort Myers
2885 Palm Beach Boulevard Building A 507, Fort Myers, FL, 33916
About this home
Enjoy waterfront living at an unbeatable value! Welcome to Unit 507 at 2885 Palm Beach Blvd — a fantastic opportunity for boaters and anyone seeking direct Gulf access. This well-positioned condo offers access to a private boat dock available on a first-come, first-served basis, making it easy to get out on the water whenever the mood strikes. Located along the Caloosahatchee River, you’ll have direct Gulf access with no bridges, perfect for cruising, fishing, or sunset rides. Inside, the unit provides comfortable living with great natural light and the potential to make it your own. Whether you're looking for a seasonal getaway, investment property, or full-time residence, this is one of the most affordable ways to enjoy true waterfront boating lifestyle in the area. Conveniently located near downtown Fort Myers, dining, shopping, and entertainment, this property combines location, lifestyle, and value. Don’t miss your chance to own a slice of Florida waterfront living—schedule your showing today! New plank floors installed 12/25. Water heater 10/25. A/C 7/18. Dishwasher/microwave/ stove 2/25. Hurricane Impact Sliders and windows. Largest unit. Murphy bed in spare bedroom/ office.
Property details
- Type
- Condominium
- Year built
- 1987
- Interior
- 938 sqft
- Lot size
- 8,546.472 sqft
- Acreage
- 0.20 acres
- Garage
- None
- Days on market
- 114
- Total association fees
- $7,100/yr (~$592/mo)
- CDD
- None
- Est. taxes (1.4%)
- $3,206/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
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.
Seeing several homes? Build a tour and we'll route it for you.
Your notes on this home
Keep private notes on this home, what you love, what to ask about, saved to your account and shared with your agent.
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 |
|---|---|---|---|---|---|
| 2885 Palm Beach Boulevard 105 | Apr 2026 | $225,000 | 2/2 | 835 | $269 |
| 2885 Palm Beach Boulevard 505 | May 2026 | $219,999 | 2/2 | 835 | $263 |
| 1958 Knight Street | Nov 2025 | $210,000 | 3/2 | 1,008 | $208 |
| Average | 3 comps | $218,333 | $247 |
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 $16,000 (6.5%) from the original list price.
| Jun 26, 2026 | Price reducedfrom $230,000 | $229,000 |
| May 1, 2026 | Listed | $245,000 |
The good, the trade-offs & the location
- Waterfront
- Storm protection: Impact Windows/Doors
- Built 1987 — 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
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.
Similar homes nearby
$249,900
MLS# 2260232634510 N Key Drive 406, North Fort Myers, FL, 33903
$190,000
MLS# 20260035883324 N Key Drive 8, North Fort Myers, FL, 33903
$210,000
MLS# 20260127924510 N Key Drive 102, North Fort Myers, FL, 33903
$229,900
MLS# 20250255773000 Oasis Grand Boulevard 1206, Fort Myers, FL, 33916
$254,900
MLS# 225035206135 Standish Circle, North Fort Myers, FL, 33903
$224,900
MLS# 202603498437 Channel Lane, Fort Myers, FL, 33905
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.