2 Bed Waterfront Home for Sale in Tropic Terrace
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SoldMLS# 2025020916

$69,900

2 Bed Waterfront Home for Sale in Tropic Terrace

1423 Tropic Terrace, North Fort Myers, FL, 33903

2 beds1.5 baths930 sqft
GatedBoatingClubhouseCommunity Pool55+Waterfront

About this home

Tropic Terrace reflects old time Florida charm with it's beautiful, peaceful grounds yet is in walking distance, via your private gate, to Publix and restaurants. Conveniently located near the intersection of Orange Grove Boulevard and Hancock Bridge Parkway, it is just 5 minutes to the River District in downtown Ft. Myers. The club house features a large lanai with meeting, game and kitchenette areas inside. The large pool and shuffleboard courts are just a few steps away. The community is Gulf Access with its own boat ramp and slips for your boat! Enjoy the views from your lovely 2 bedroom, 1 and a 1/2 bath condo which features an enclosed sunroom, walk in closet and plenty of friendly neighbors! This partially furnished condo has just been professionally deep cleaned including carpet and tile, so it is ready for you and your touches. It is the lowest priced Condo in Tropic Terrace so call your Realtor today for a showing!

Property details

Type
Condominium
Year built
1967
Interior
930 sqft
Lot size
13,869.504 sqft
Acreage
0.32 acres
Garage
None
Days on market
83
Total association fees
$8,268/yr (~$689/mo)
CDD
None
Est. taxes (1.4%)
$979/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
None listed
Exposure
West
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
No
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

AssociationManagementIrrigationWaterLaundryMaintenanceGroundsPestControlRecreationFacilitiesRoadMaintenanceSewerStreetLightsTrash

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

Amenities

BoatDockBoatRampClubhouseLaundryPoolShuffleboardCourtTrashManagement

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.

Below marketThis home is priced below comparable recent sales, a potential value.
This home
$75/sqft
Comp median
$86/sqft
Difference
-13%

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.

AddressSoldSold priceBeds/BathsSq ft$/sqft
1416 Tropic TerraceFeb 2026$55,0002/1936$59
1421 Tropic TerraceJul 2026$81,5002/2953$86
1100 Pondella Road 206Apr 2026$85,0002/2811$105
Average3 comps$73,833$83

Market trends, Tropic Terrace

Median list
$130,000
Median $/sqft
$119
Median sold (90d)
$110,000
Avg days on market
90
Active listings
24
Median sold price · Tropic Terrace
$95,750last 3 months36.8% vs $70,000 prior 3 months

Live community medians from the MLS · see all listings. Indicative, not an appraisal.

Price & status history

Down $4,900 (7%) from the original list price.

Mar 6, 2026Sold$65,000
Nov 19, 2025Listed$69,900

The good, the trade-offs & the location

Pros
  • Waterfront
Consider
  • Built 1967 — 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
Location convenienceHigh
Hospital
2.4 mi
Cape Coral Hospital
Beach
14.2 mi
Fort Myers Beach
Airport
5.6 mi
Page Field (Fort Myers)
Shopping
1.7 mi
Coralwood / Merchants Crossing (Cape)

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.