$165,000
2 Bed Waterfront Home for Sale in Palms At Waters Edge
3324 N Key Drive 5, North Fort Myers, FL, 33903
About this home
Enjoy the natural light that fills this lovely corner unit, featuring abundant windows and a warm, inviting atmosphere. Relax on the second-floor balcony with new hurrican sliders and soak in picturesque river views. Furniture may remain at the buyer’s request. This meticulously maintained 2-bedroom, 1-bath condo offers an ideal blend of comfort, convenience, and serene waterfront living. Recent upgrades include a new roof and hurricane-impact windows (2023), providing added peace of mind. Start your mornings on the private balcony with a cup of coffee, or cool off with a swim in the community pool overlooking the Caloosahatchee River. The Palms at Water’s Edge features exceptional amenities such as a picnic and barbecue area, clubhouse, and beautifully landscaped grounds. Spend your evenings unwinding along the seawall while taking in stunning seasonal sunsets. Perfectly situated near Downtown Fort Myers, residents enjoy easy access—via the complimentary seasonal trolley—to the vibrant River District, home to more than 60 restaurants, shops, galleries, and theaters. The nearby Sunset Harbour Marina, with its four waterfront dining options, is just a short stroll away. Don’t miss this opportunity to own a beautifully maintained condo with captivating river views—your ideal Southwest Florida lifestyle awaits!
Property details
- Type
- Condominium
- Year built
- 1974
- Interior
- 791 sqft
- Lot size
- Not specified
- Acreage
- Not specified
- Garage
- None
- Days on market
- 303
- Total association fees
- $6,358/yr (~$530/mo)
- CDD
- None
- Est. taxes (1.4%)
- $2,310/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- 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
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 3 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 |
|---|---|---|---|---|---|
| 3330 N Key Drive F6 | Jun 2026 | $165,000 | 2/1 | 791 | $209 |
| 3460 N Key Drive 301 | Oct 2025 | $149,000 | 1/1 | 840 | $177 |
| 4510 N Key Drive 104 | Oct 2025 | $170,000 | 2/2 | 982 | $173 |
| Average | 3 comps | $161,333 | $186 |
Market trends, North 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 $9,900 (5.7%) from the original list price.
| Aug 29, 2026 | Price reducedfrom $174,900 | $165,000 |
| Nov 1, 2025 | Listed | $174,900 |
The good, the trade-offs & the location
- Waterfront
- Storm protection: Impact Windows/Doors
- Built 1974 — 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
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.