2 Bed 2 Bath Waterfront Condominium for Sale in MARINA TERRACE CONDO, FL
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SoldMLS# 226010875

$275,000

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

2711 1st Street 402, Fort Myers, FL, 33916

2 beds2 baths1,201 sqft
GatedBoatingFitness CenterClubhouseCommunity PoolWaterfront

About this home

Welcome to Marina Terrace, one of Downtown Fort Myers’ best kept waterfront secrets where riverfront living, boating convenience, and walkable city lifestyle come together. This beautifully positioned 4th-floor residence offers sweeping views of the Caloosahatchee River, where each evening ends with spectacular Southwest Florida sunsets and mornings begin with boats passing quietly along the water. From the comfort of your lanai, watch dolphins play in the river or simply enjoy the peaceful rhythm of waterfront living. What truly sets this property apart is something incredibly rare in downtown Fort Myers: your own deeded boat slip with direct Gulf access. Step out to the dock, untie the lines, and spend the day exploring Sanibel, Captiva, or cruising the Caloosahatchee River. For boating enthusiasts, this is an opportunity that rarely becomes available. Inside, the 2-bedroom, 2-bath split floor plan offers over 1,201 square feet of comfortable living space with thoughtful updates including new kitchen countertops, a newer A/C system, water heater, a kitchen water softener system, and an automatic hurricane shutter on the lanai for convenience and peace of mind. Marina Terrace is a boutique riverfront community with only 20 residences, creating a quiet and private atmosphere rarely found this close to the city center. Residents enjoy a gated entry, elevator access, indoor heated pool, fitness room, and covered parking. The community’s newly rebuilt composite docks and pilings have restored the waterfront amenities, ensuring years of enjoyment ahead. Location is another standout feature. From your front door, it’s just a short walk to Downtown Fort Myers’ vibrant River District, where you’ll find waterfront restaurants, live music, art galleries, theaters, boutique shopping, and year-round events. Whether you're searching for a primary residence, winter retreat, or boater’s escape, this property delivers a rare combination of waterfront views, private boat access, and downtown convenience. Come experience the lifestyle that makes this property truly special.

Property details

Type
Condominium
Year built
1981
Interior
1,201 sqft
Lot size
6,098.4 sqft
Acreage
0.14 acres
Garage
None
Days on market
85
Total association fees
$11,560/yr (~$963/mo)
CDD
None
Est. taxes (1.4%)
$3,850/yr
Flood zone (area est.)
Yes · High risk (AE)
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

AssociationManagementInsuranceIrrigationWaterLegalAccountingMaintenanceGroundsPestControlSewerStreetLightsTrashWater

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

Amenities

BoatDockBilliardRoomBilliardsBoatRampBikeStorageClubhouseFitnessCenterBarbecuePicnicAreaPierPoolStorageTrashManagement

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
$229/sqft
Comp median
$203/sqft
Difference
+13%

Based on the $/sqft of 6 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
2711 1st Street 203Jun 2026$238,0002/21,201$198
3000 Oasis Grand BoulevardSep 2025$275,0002/21,249$220
3000 Oasis Grand Boulevard 2502May 2026$275,0002/21,319$208
3000 Oasis Grand Boulevard 2702Jun 2026$239,9002/21,319$182
3000 Oasis Grand Boulevard 3002Dec 2025$248,0002/21,319$188
1958 Knight StreetNov 2025$210,0003/21,008$208
Average6 comps$247,650$201

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 $24,900 (8.6%) from the original list price.

Jul 2, 2026Sold$265,000
May 15, 2026Price reducedfrom $289,900$275,000
Mar 13, 2026Listed$289,900

The good, the trade-offs & the location

Pros
  • Waterfront
Consider
  • Built 1981 — 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
  • Higher association fees (~$11,560/yr)
Location convenienceHigh
Hospital
5.4 mi
Cape Coral Hospital
Beach
14.8 mi
Fort Myers Beach
Airport
4.5 mi
Page Field (Fort Myers)
Shopping
3.5 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.