$275,000
2 Bed 2 Bath Waterfront Condominium for Sale in MARINA TERRACE CONDO, FL
2711 1st Street 402, Fort Myers, FL, 33916
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
What the association dues cover, per the MLS. Confirm the full schedule with the HOA.
Amenities
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.
Based on the $/sqft of 6 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.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 2711 1st Street 203 | Jun 2026 | $238,000 | 2/2 | 1,201 | $198 |
| 3000 Oasis Grand Boulevard | Sep 2025 | $275,000 | 2/2 | 1,249 | $220 |
| 3000 Oasis Grand Boulevard 2502 | May 2026 | $275,000 | 2/2 | 1,319 | $208 |
| 3000 Oasis Grand Boulevard 2702 | Jun 2026 | $239,900 | 2/2 | 1,319 | $182 |
| 3000 Oasis Grand Boulevard 3002 | Dec 2025 | $248,000 | 2/2 | 1,319 | $188 |
| 1958 Knight Street | Nov 2025 | $210,000 | 3/2 | 1,008 | $208 |
| Average | 6 comps | $247,650 | $201 |
Market trends — Fort Myers
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, 2026 | Sold | $265,000 |
| May 15, 2026 | Price reducedfrom $289,900 | $275,000 |
| Mar 13, 2026 | Listed | $289,900 |
The good, the trade-offs & the location
- Waterfront
- 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)
Straight-line distances to major SWFL amenities — approximate; actual drive times vary.
Nearby schools
Get more information on their programs, scores, and extracurriculars on each school's page · browse the full schools directory.
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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.