2 Bed 2 Bath Waterfront Condominium for Sale in TERRACE, FL
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SoldMLS# 225035214

$315,000

2 Bed 2 Bath Waterfront Condominium for Sale in TERRACE, FL

10480 Washingtonia Palm Way 1112, Fort Myers, FL, 33966

2 beds2 baths1,232 sqft
GatedGolfPickleballTennisBocceFitness CenterBasketballPlaygroundCommunity PoolOn-site DiningWaterfront

About this home

This convenient Heritage Palms first floor condo is offered turnkey and ready to enjoy! The lanai is open on two sides and offers wide views of the lake, fishing dock and golf course. The décor is classic and flows throughout with a tropical color palette. The Brookside model allows an abundance of natural light with a bay window in the kitchen and sliding glass doors from the living room to the lanai. Kitchen updated with new stove, microwave and dishwasher in 2019. Refrigerator in 2023. Refaced cabinets with a counter height quartz countertop complete the kitchen remodel. Both baths updated as well. Ceramic tile grout has been cleaned, painted and sealed with a transferable 10-year warranty. The hot water heater was replaced in 2024. New copper line set under the building in 2024 ensures the condo is cooling properly. Condo’s location is within walking distance of the main clubhouse and activity center. Rental income to buyer for Jan/Feb 2026 rental, if closing this year. Heritage Palms is a rare find in SWFL with bundled golf and tennis within a gated country club and three restaurant venues. Close to SWFL airport, beaches, shopping and restaurants.

Property details

Type
Condominium
Year built
2002
Interior
1,232 sqft
Lot size
10,815.948 sqft
Acreage
0.25 acres
Garage
None
Days on market
193
Total association fees
$13,852/yr (~$1,154/mo)
CDD
None
Est. taxes (1.4%)
$4,410/yr
Flood zone (area est.)
No · Low risk (X)
Storm protection
None listed
Exposure
North
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

CableTvGolfInsuranceInternetIrrigationWaterLegalAccountingMaintenanceGroundsMaintenanceStructurePestControlRecreationFacilitiesReserveFundRoadMaintenanceSewerStreetLightsSecurityTrashWater

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

Amenities

BasketballCourtBocceCourtFitnessCenterGolfCourseLibraryBarbecuePicnicAreaPierPlaygroundPickleballParkPrivateMembershipPoolPuttingGreensRestaurantSpaHotTubSidewalksTennisCourtsVehicleWashAreaManagement

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
$256/sqft
Comp median
$243/sqft
Difference
+5%

Based on the $/sqft of 13 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
10470 Washingtonia Palm Way 1221Aug 2025$330,0002/21,408$234
10460 Washingtonia Palm Way 1332Apr 2026$325,0002/21,149$283
10381 Butterfly Palm Drive 945Oct 2025$310,0002/21,232$252
10461 Washingtonia Palm Way 3423Sep 2025$319,0002/21,232$259
10371 Butterfly Palm Drive 828Jan 2026$317,0002/21,400$226
8076 Queen Palm Lane 445Aug 2025$275,0002/21,234$223
Average6 comps$312,667$246

Market trends — Fort Myers

Median list
$324,900
Median $/sqft
$213
Median sold (90d)
$335,000
Avg days on market
97
Active listings
2,590
Median sold price · Fort Myers
$332,000last 3 months0.6% vs $330,000 prior 3 months
Median closed price by month · Fort Myers
2.5% MoM3.7% YoY
$317k$348k$380kJul ’25Jul ’26
$316,750Jul ’26 · 226 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 $19,900 (6.2%) from the original list price.

Dec 2, 2025Sold$300,000
Oct 9, 2025Price reducedfrom $319,900$315,000
Apr 5, 2025Listed$319,900

The good, the trade-offs & the location

Pros
  • Built 2002 — post-2002 Florida wind codes (typically lower insurance)
  • Lower flood risk (zone X)
  • Waterfront
Consider
  • No garage listed
  • Higher association fees (~$13,852/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
2.9 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.