2 Bed Waterfront Home for Sale in Tropic Terrace
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For SaleMLS# 2026036302

$65,000

2 Bed Waterfront Home for Sale in Tropic Terrace

1515 Tropic Terrace 1515, North Fort Myers, FL, 33903

2 beds1.5 baths930 sqft
BoatingClubhouseCommunity Pool55+Waterfront

About this home

Hidden gem priced to sell....Gulf Access condo. 2nd floor elevator access in a 55+ professionally managed community. This unit offers 2 bedrooms, 1.5 baths, open dining and living room, sliders to sunporch. Neutral tile thru out , freshly painted, custom blinds, new granite and backsplash. Newer appliances. Spacious mature grounds that leads to the heated Olympic sized pool area, clubhouse, community dock, boat ramp. Boating slip rentals on first come first serve basis. Close to downtown Fort Myers River District and downtown Cape Coral for shopping & dining needs. RSW and Punta Gorda airports 30 minutes away.

Property details

Type
Condominium
Year built
1968
Interior
930 sqft
Lot size
14,623.092 sqft
Acreage
0.34 acres
Garage
None
Days on market
1
Total association fees
$8,328/yr (~$694/mo)
CDD
None
Est. taxes (1.4%)
$910/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
None listed
Exposure
South
Waterfront
Yes
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
Public
Sewer
Assessment Paid
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

AssociationManagementCableTvLaundryMaintenanceGroundsSewerTrashWater

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

Amenities

BoatDockBoatRampClubhouseLaundryBarbecuePicnicAreaPoolStorageSidewalksTrashManagement

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
$70/sqft
Comp median
$59/sqft
Difference
+19%

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
1503 Tropic TerraceMay 2026$50,0002/1930$54
1423 Tropic TerraceMar 2026$65,0002/1930$70
1416 Tropic TerraceFeb 2026$55,0002/1936$59
Average3 comps$56,667$61

Market trends, Tropic Terrace

Median list
$122,000
Median $/sqft
$118
Median sold (90d)
$91,000
Avg days on market
116
Active listings
25
Median sold price · Tropic Terrace
$91,000last 3 months30% vs $70,000 prior 3 months

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

The good, the trade-offs & the location

Pros
  • Waterfront
Consider
  • Built 1968 — 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
2.5 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.