2 Bed Waterfront Home for Sale in Alta Mar
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For SaleMLS# 2026027480

$240,000

2 Bed Waterfront Home for Sale in Alta Mar

2825 Palm Beach Boulevard 203, Fort Myers, FL, 33916

2 beds2.5 baths1,003 sqft1 garage
Fitness CenterClubhouseCommunity PoolWaterfront

About this home

Nestled along the banks of Billy’s Creek in the heart of Fort Myers’ vibrant downtown river district, this beautifully maintained and turnkey furnished condo at 2825 Palm Beach Boulevard, Unit 203, offers an exceptional opportunity for buyers seeking comfort, convenience, and value in today’s market. Priced at just $240,000, this 2-bedroom, 2.5-bath unit in the gated ALTAMAR Condominiums stands out as one of the best values available in the area—offering a rare combination of location, furnishings, water views, and amenities at a highly competitive price point. Located on the second floor with elevator access, this spacious residence features a well-designed split floorplan with two private bedroom suites, each boasting large walk-in closets and their own en-suite bathrooms. A thoughtfully placed half bath is available for guests, while the in-unit washer and dryer add a level of convenience often sought but rarely found in properties at this price. The open living and dining area, accentuated by large sliding glass doors leading to the balcony, creates a welcoming atmosphere for relaxing or entertaining, all with a subtle backdrop of water views and the calming sights and sounds of Southwest Florida nature. Alta Mar Condominiums offers a wide array of resort-style amenities designed to enhance the quality of everyday living. Residents enjoy a heated riverfront pool and spa, a fully equipped fitness center, a cozy library, and a beautifully furnished community room. Additional highlights include an on-site kayak launch, assigned garage and guest parking, on-site property management, and beautiful sunsets along the river. With the downtown Fort Myers trolley stop conveniently located right outside the building, exploring the historic River District’s restaurants, shops, galleries, and live music venues is effortless and enjoyable. Beyond downtown, this location offers easy access to the best of Southwest Florida. Spend the day on the sugar-sand shores of Fort Myers Beach or explore the shell-covered coastline of Sanibel and Captiva Islands. The nearby public boat ramp and marina options make it simple to get out on the water for boating, fishing, or sunset cruising. For commuters or snowbirds, the location is equally appealing—just a short drive from I-75 and Southwest Florida International Airport. With a price point well below comparable riverfront properties and a furniture package included, Unit 203 stands out as one of the most compelling values currently available in the downtown Fort Myers area. Combining thoughtful design, desirable amenities, and a location that captures the essence of Florida’s waterfront lifestyle, this condo offers a turnkey solution for full-time residents, seasonal visitors, or investors looking to take advantage of favorable market conditions. Come enjoy Alta Mar and Southwest Florida!

Property details

Type
Condominium
Year built
2006
Interior
1,003 sqft
Lot size
44,365.86 sqft
Acreage
1.02 acres
Garage
1 car
Days on market
59
Total association fees
$11,873/yr (~$989/mo)
CDD
None
Est. taxes (1.4%)
$3,360/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
Impact Windows/Doors
Exposure
West
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

AssociationManagementCableTvInsuranceInternetIrrigationWaterLegalAccountingMaintenanceGroundsMaintenanceStructurePestControlRecreationFacilitiesReserveFundSewerSecurityWater

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

Amenities

BikeStorageClubhouseFitnessCenterLibraryBarbecuePicnicAreaPoolSpaHotTubStorageTrash

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
$239/sqft
Comp median
$221/sqft
Difference
+8%

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.

AddressSoldSold priceBeds/BathsSq ft$/sqft
2825 Palm Beach Boulevard 316Jul 2026$200,0002/21,003$199
2885 Palm Beach Boulevard 505May 2026$219,9992/2835$263
2885 Palm Beach Boulevard 105Apr 2026$225,0002/2835$269
2743 1st Street 110Apr 2026$210,0001/1885$237
2711 1st Street 402Jul 2026$265,0002/21,201$221
2711 1st Street 203Jun 2026$238,0002/21,201$198
Average6 comps$226,333$231

Market trends, Alta Mar

Median list
$242,500
Median $/sqft
$242
Median sold (90d)
$200,000
Avg days on market
84
Active listings
10
Median sold price · Alta Mar
$200,000last 3 monthsnot enough sold data to compare

Live community medians from the MLS · see all listings. Indicative, not an appraisal.

The good, the trade-offs & the location

Pros
  • Built 2006 — post-2002 Florida wind codes (typically lower insurance)
  • Waterfront
  • Storm protection: Impact Windows/Doors
Consider
  • In a higher-risk flood zone (AE) — flood insurance likely required
  • Higher association fees (~$11,873/yr)
Location convenienceHigh
Hospital
5.6 mi
Cape Coral Hospital
Beach
15 mi
Fort Myers Beach
Airport
4.6 mi
Page Field (Fort Myers)
Shopping
3.7 mi
Edison Mall (Fort Myers)

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.