$138,000
2 Bed Waterfront Home for Sale in North Fort Myers
536 Pangola Drive, North Fort Myers, FL, 33903
About this home
Affordable, move-in ready, and packed with amenities—Experience the best of the Florida lifestyle in this beautifully semi-updated 2-bedroom, 2-bath villa featuring an expansive screened lanai—as well as a private backyard area with shaded privacy. Located in a welcoming 55+ community. Recent improvements include a new roof (2021), A/C and water heater (2021), appliances (2022), luxury vinyl plank flooring, fresh interior paint, and semi-updated bathrooms. For added peace of mind, this home is not located in a flood zone and has experienced no water intrusion during the past three hurricanes. Situated on a quiet cul-de-sac with no through traffic, the property also features a covered carport. Enjoy maintenance-free living with an HOA that covers landscaping, exterior insurance, water, sewer, cable TV, and trash service.Community amenities include: Heated swimming pool, Private Gulf Access boat ramp and dock, Walking and biking paths, Community clubhouse, & Shuffleboard courts. Boating enthusiasts will appreciate the community's private Gulf Access boat ramp and dock, with boat slips available for lease for just $100 per year (based on availability) plus a one-time $250 fee.
Property details
- Type
- Attached
- Year built
- 1971
- Interior
- 1,151 sqft
- Lot size
- 3,280.068 sqft
- Acreage
- 0.08 acres
- Garage
- None
- Days on market
- 230
- Total association fees
- $6,132/yr (~$511/mo)
- CDD
- None
- Est. taxes (1.4%)
- $1,932/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- None listed
- Exposure
- Northeast
- 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
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 4 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 |
|---|---|---|---|---|---|
| 1707 Golf Club Drive 3 | Oct 2025 | $108,000 | 2/2 | 1,129 | $96 |
| 986 Tropical Palm Avenue | May 2026 | $110,000 | 3/1 | 1,320 | $83 |
| 2063 W Lakeview Boulevard B2 | Mar 2026 | $106,499 | 2/2 | 1,222 | $87 |
| 1196 Pine Lake Drive | Jan 2026 | $130,000 | 2/1 | 1,007 | $129 |
| Average | 4 comps | $113,625 | $99 |
Market trends, Tropic Terrace
Live community medians from the MLS · see all listings. Indicative, not an appraisal.
Price & status history
Down $43,000 (23.8%) from the original list price.
| Jul 7, 2026 | Price reducedfrom $144,900 | $138,000 |
| May 24, 2026 | Back on market | |
| Nov 14, 2025 | Listed | $181,000 |
The good, the trade-offs & the location
- Waterfront
- Built 1971 — 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
- 55+ age-restricted community
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.