2 Bed Waterfront Home for Sale in Terrace, FL, $285,000
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For SaleMLS# 226024412

$285,000

2 Bed Waterfront Home for Sale in Terrace, FL, $285,000

10361 Butterfly Palm Drive 712, Fort Myers, FL, 33966

2 beds2 baths1,149 sqft
GatedGolfPickleballTennisBocceFitness CenterClubhouseBasketballCommunity PoolWaterfront

About this home

Turnkey and ready to go. This 2-bed, 2-bath condo at Terrace VII at Lakeside Greens in Heritage Greens comes fully furnished — bring a suitcase and start living. First-floor unit, 1,149 square feet, with a split-bedroom layout that keeps the primary suite private. Both bedrooms and the eat-in kitchen open toward a screened lanai with golf course and lake views out back (east exposure, so you get the morning light). Impact-resistant windows throughout, laminate and tile floors, in-residence laundry, and a detached carport space. The real draw is the community. Ownership here includes bundled golf — no separate membership to chase. Add attended fitness, tennis, pickleball, bocce, a putting green, community pool, and a full social calendar behind the gates. Built in 2004, concrete block, tile roof. A few numbers worth knowing up front: master HOA runs $8,891/year, condo fee is $1,327/quarter, and there's a one-time $7,500 club fee plus a $500 annual food & beverage minimum. Leasing is allowed with a 28-day minimum.

Property details

Type
Condominium
Year built
2004
Interior
1,149 sqft
Lot size
10,794.168 sqft
Acreage
0.25 acres
Garage
None
Days on market
0
Total association fees
$14,199/yr (~$1,183/mo)
CDD
None
Est. taxes (1.4%)
$3,990/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

CableTvGolfInternetLegalAccountingMaintenanceGroundsPestControlReserveFundSecurityWater

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

Amenities

BasketballCourtBocceCourtClubhouseFitnessCenterGolfCourseLibraryPickleballPoolPuttingGreensSidewalksTennisCourtsManagement

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
$248/sqft
Comp median
$223/sqft
Difference
+11%

Based on the $/sqft of 20 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
10361 Butterfly Palm Drive 727Feb 2026$250,0002/21,232$203
8056 Queen Palm Lane 644Jul 2026$254,0002/21,122$226
10381 Butterfly Palm Drive 945Oct 2025$310,0002/21,232$252
8066 Queen Palm Lane 535May 2026$248,0002/21,194$208
8066 Queen Palm Lane 525Aug 2025$245,0002/21,194$205
10391 Butterfly Palm Drive 1012Jun 2026$255,0002/21,234$207
Average6 comps$260,333$217

Market trends — Fort Myers

Median list
$324,900
Median $/sqft
$211
Median sold (90d)
$335,000
Avg days on market
96
Active listings
2,545
Median sold price · Fort Myers
$334,950last 3 months1.7% vs $329,500 prior 3 months
Median closed price by month · Fort Myers
0.8% MoM0.5% YoY
$325k$353k$380kJul ’25Jul ’26
$327,500Jul ’26 · 326 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 (~$14,199/yr)
Location convenienceHigh
Hospital
4.1 mi
Gulf Coast Medical Center
Beach
12.4 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.