2 Bed Waterfront Home for Sale in Terrace
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For SaleMLS# 2026037106

$359,000

2 Bed Waterfront Home for Sale in Terrace

10391 Butterfly Palm Drive 1021, Fort Myers, FL, 33966

2 beds2 baths1,408 sqft
GatedGolfPickleballTennisBocceFitness CenterClubhouseBasketballPlaygroundCommunity PoolOn-site DiningWaterfront

About this home

Introducing the Coveted Colonade at Heritage Palms Finally, the colonnade you have been waiting for is here. This stunning property offers amazing views of the 38-acre lake with an East exposure. The clubhouse and golf courses are within sight, yet there are no carts obstructing the view from your property. You will love sitting on your lanai and watching the activity while enjoying your favorite beverage. Situated on the second floor, this unit boasts the convenience of an elevator and large storage area. The end unit features 2 bedrooms plus a den, making for easy living. Inside, you will find tile floors in the living area, granite counters, a newer refrigerator, tile on the lanai, and much more. High impact glass on all windows and doors provides peace of mind and added security. This home is being sold TURNKEY, so all you need to do is bring your golf clubs and start enjoying the lifestyle at Heritage Palms. Heritage Palms is an award-winning community with 36 holes of bundled golf. The clubhouse and fitness centers have recently been updated, and the new OASIS provides a special place for gatherings with friends. In addition to golf, residents can enjoy tennis, bocce ball, concerts, restaurants, swimming pools, a fitness center, and more. Don't miss out on the opportunity to make this property your own and experience all that Heritage Palms has to offer. You will love it here, so act now and start living the dream.

Property details

Type
Condominium
Year built
2004
Interior
1,408 sqft
Lot size
Not specified
Acreage
Not specified
Garage
None
Days on market
0
Total association fees
$13,835/yr (~$1,153/mo)
CDD
None
Est. taxes (1.4%)
$5,026/yr
Flood zone (area est.)
No · Low risk (X)
Storm protection
Impact Windows/Doors
Exposure
East
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

AssociationManagementCableTvGolfInsuranceInternetIrrigationWaterLegalAccountingMaintenanceGroundsPestControlRecreationFacilitiesReserveFundRoadMaintenanceSewerStreetLightsSecurityTrashWater

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

Amenities

BasketballCourtBocceCourtClubhouseFitnessCenterGolfCourseLibraryBarbecuePicnicAreaPierPlaygroundPickleballPoolPuttingGreensRestaurantSpaHotTubStorageSidewalksTennisCourtsManagement

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.

At marketThis home is priced in line with comparable recent sales.
This home
$255/sqft
Comp median
$251/sqft
Difference
+2%

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
10381 Butterfly Palm Drive 945Oct 2025$310,0002/21,232$252
10371 Butterfly Palm Drive 828Jan 2026$317,0002/21,400$226
10461 Washingtonia Palm Way 3423Sep 2025$319,0002/21,232$259
8067 Queen Palm Lane 625Dec 2025$338,0002/21,333$254
8086 Queen Palm Lane 328Apr 2026$325,0002/21,410$230
10275 Bismark Palm Way 1111Mar 2026$350,0002/21,408$249
Average6 comps$326,500$245

Market trends, Fort Myers

Median list
$319,998
Median $/sqft
$209
Median sold (90d)
$330,000
Avg days on market
97
Active listings
2,471
Median sold price · Fort Myers
$330,000last 3 months1.5% vs $335,000 prior 3 months
Median closed price by month · Fort Myers
9.1% MoM5.3% YoY
$319k$349k$380kJul ’25Aug ’26
$347,450Aug ’26 · 372 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.

The good, the trade-offs & the location

Pros
  • Built 2004 — post-2002 Florida wind codes (typically lower insurance)
  • Lower flood risk (zone X)
  • Waterfront
  • Storm protection: Impact Windows/Doors
Consider
  • No garage listed
  • Higher association fees (~$13,835/yr)
Location convenienceHigh
Hospital
4 mi
Gulf Coast Medical Center
Beach
12.3 mi
Fort Myers Beach
Airport
2.3 mi
Page Field (Fort Myers)
Shopping
2.8 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.