2 Bed 2 Bath Waterfront Condominium for Sale in TERRACE IV, FL
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SoldMLS# 226004321

$236,000

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

16645 Lake Circle Drive 735, Fort Myers, FL, 33908

2 beds2 baths1,121 sqft
GatedBocceBeach AccessFitness CenterClubhouseCommunity PoolWaterfront

About this home

Ideally located near Gulf beaches, shopping, and medical facilities. This meticulously maintained residence offers an open, light-filled floor plan with peaceful lake views. Thoughtfully updated by the owners, recent enhancements include newer interior paint, ceiling fans, granite countertops and backsplash in the kitchen, granite vanities in the bathrooms, newer AC, and updated pantry shelving. The living room features sliding plantation shutters looking out to the beautiful lake view while the lanai features newer tile (as well as the front entry), newer no-see-um screens, and electric Storm Smart shutters that provide additional convenience and peace of mind. A spacious storage closet offers plenty of shelving and valuable extra space. Set within a pet-friendly community rich in amenities, this residence presents an exceptional opportunity to enjoy refined, relaxed Southwest Florida living.

Property details

Type
Condominium
Year built
2004
Interior
1,121 sqft
Lot size
Not specified
Acreage
Not specified
Garage
None
Days on market
4
Total association fees
$7,360/yr (~$613/mo)
CDD
None
Est. taxes (1.4%)
$3,304/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
Assessment Paid
Sewer
Assessment Paid
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

AssociationManagementCableTvInsuranceInternetIrrigationWaterLegalAccountingMaintenanceGroundsPestControlRecreationFacilitiesReserveFundRoadMaintenanceSewerStreetLightsTrashWater

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

Amenities

BeachRightsBocceCourtClubhouseFitnessCenterLibraryBarbecuePicnicAreaPierPoolPuttingGreensSpaHotTubSeeRemarksStorageTrails

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
$211/sqft
Comp median
$192/sqft
Difference
+10%

Based on the $/sqft of 5 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
16655 Lake Circle Drive 843Nov 2025$252,0002/21,232$205
16615 Lake Circle Drive 412Feb 2026$207,5002/21,232$168
16595 Lake Circle Drive 245May 2026$215,0002/21,121$192
16575 Lake Circle Drive 1136Jun 2026$220,0002/21,194$184
16605 Lake Circle Drive 337May 2026$265,0002/21,232$215
Average5 comps$231,900$193

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 $11,000 (4.7%) from the original list price.

May 8, 2026Sold$225,000
Feb 3, 2026Listed$236,000

The good, the trade-offs & the location

Pros
  • Built 2004 — 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
  • No garage listed
Location convenienceHigh
Hospital
3.1 mi
HealthPark Medical Center
Beach
3.5 mi
Fort Myers Beach
Airport
7.3 mi
Page Field (Fort Myers)
Shopping
5.4 mi
Bell Tower Shops

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.