2 Bed Waterfront Home for Sale in North Fort Myers
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For SaleMLS# 2026038065

$139,900

2 Bed Waterfront Home for Sale in North Fort Myers

842 Pangola Drive, North Fort Myers, FL, 33903

2 beds2 baths1,151 sqft
GatedBoatingClubhouseCommunity Pool55+Waterfront

About this home

Welcome to 842 Pangola Dr., a spacious 2-bedroom, 2-bathroom condo offering approximately 1,151 square feet of living space in the 55+ Tropic Terrace Garden community. This unfurnished condo presents a wonderful opportunity to create a home that truly reflects your personal style, with a spacious layout and a blank canvas ready for your ideas and finishing touches. Whether you're looking for a full-time residence, a seasonal Florida getaway, or a low-maintenance place to enjoy the Southwest Florida lifestyle, this condo is worth a look. The generous living area provides plenty of room to arrange comfortable living and dining spaces, while the two-bedroom, two-bathroom layout offers flexibility for guests, hobbies, an office, or whatever fits your lifestyle. Bring your decorating ideas, choose your own furnishings, and create a comfortable Florida retreat tailored to your taste. One of the highlights of Tropic Terrace Garden is the community's Olympic-size heated swimming pool, providing a great place to relax, swim, socialize, and enjoy the Florida sunshine throughout the year. The community offers a relaxed setting where residents can enjoy the convenience of condo living while taking advantage of desirable amenities. For those who enjoy boating and being on the water, this community offers an additional opportunity that is especially appealing to Southwest Florida enthusiasts. A private Gulf-access boat ramp and docks are available for an additional cost when available. This provides the potential to make boating and waterfront recreation an even bigger part of your Florida lifestyle. Another attractive feature is the low HOA fee, helping provide the benefits of community living without a high monthly association expense. With the combination of a spacious floor plan, desirable community amenities, boating access, and a 55+ environment, this property offers an excellent opportunity to create your own Southwest Florida home. If you're looking for a condo with room to personalize rather than paying a premium for someone else's furnishings and décor, 842 Pangola Dr. may be the opportunity you've been waiting for. Bring your vision and turn this spacious condo into your own Florida retreat. Come see the possibilities and imagine what you can create at Tropic Terrace Garden!

Property details

Type
Attached
Year built
1971
Interior
1,151 sqft
Lot size
3,510.936 sqft
Acreage
0.08 acres
Garage
None
Days on market
0
Total association fees
$6,132/yr (~$511/mo)
CDD
None
Est. taxes (1.4%)
$1,959/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
None listed
Exposure
North
Waterfront
Yes
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
Assessment Paid
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

InsuranceInternetLegalAccountingMaintenanceGroundsPestControlRecreationFacilitiesReserveFundRoadMaintenanceStreetLightsTrashWater

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

Amenities

BoatDockBoatRampClubhouseBarbecuePicnicAreaPoolShuffleboardCourtSidewalksTrailsManagement

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
$122/sqft
Comp median
$114/sqft
Difference
+7%

Based on the $/sqft of 9 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
531 Pangola DriveAug 2026$130,0002/21,151$113
986 Tropical Palm AvenueMay 2026$110,0003/11,320$83
1707 Golf Club Drive 3Oct 2025$108,0002/21,129$96
1196 Pine Lake DriveJan 2026$130,0002/11,007$129
950 Hancock Creek South Boulevard 124Jun 2026$150,0002/2978$153
2063 W Lakeview Boulevard B2Mar 2026$106,4992/21,222$87
Average6 comps$122,417$110

Market trends, Tropic Terrace

Median list
$122,000
Median $/sqft
$113
Median sold (90d)
$100,500
Avg days on market
114
Active listings
25
Median sold price · Tropic Terrace
$100,500last 3 months11.7% vs $90,000 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 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
Location convenienceHigh
Hospital
2.6 mi
Cape Coral Hospital
Beach
14.4 mi
Fort Myers Beach
Airport
5.8 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.