$245,900
3 Bed SingleFamilyResidence for Sale in Fort Myers
50 Palm Tree Terrace, Fort Myers, FL, 33905
About this home
Beautiful 3-Bedroom, 2-Bathroom corner-lot home located on a quiet cul-de-sac in the heart of Fort Myers. This charming property offers the perfect starter home opportunity-well-maintained, bright, and priced to sell quickly. Enjoy an unbeatable location just minutes from Downtown Fort Myers, local beaches, shops, dining, and major commuter routes. Whether you're a first-time buyer or looking for a great investment, this home delivers exceptional value in one of the area's most convenient and desirable neighborhoods.
Property details
- Type
- SingleFamilyResidence
- Year built
- 1974
- Interior
- 1,332 sqft
- Lot size
- 12,240.36 sqft
- Acreage
- 0.28 acres
- Garage
- 2 car
- Days on market
- 4
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $3,443/yr
- Flood zone (area est.)
- Yes · High risk (VE)
- Storm protection
- Shutters
- Exposure
- West
- Waterfront
- No
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- No
- Spa
- No
- Natural gas
- No
- Water
- Public
- Sewer
- Public Sewer
- New construction
- No
- Pets
- Yes
- County
- Lee
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 5 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.
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Your notes on this home
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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 |
|---|---|---|---|---|---|
| 4546 Tennessee Way | Dec 2025 | $200,000 | 2/1 | 1,252 | $160 |
| 4402 Armeda Avenue | Mar 2026 | $284,900 | 3/2 | 1,361 | $209 |
| 4637 Elvas Avenue | May 2026 | $270,000 | 4/2 | 1,387 | $195 |
| 4117 Woodside Avenue | Feb 2026 | $297,000 | 3/2 | 1,438 | $207 |
| 3806 Edgewood Avenue | Dec 2025 | $285,000 | 3/2 | 1,425 | $200 |
| Average | 5 comps | $267,380 | $194 |
Market trends, 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 $45,900 (18.7%) from the original list price.
| Apr 29, 2026 | Sold | $200,000 |
| Apr 2, 2026 | Listed | $245,900 |
The good, the trade-offs & the location
- Storm protection: Shutters
- 2-car garage
- Built 1974 — pre-2002 construction may carry older wind codes and higher insurance
- In a higher-risk flood zone (VE) — flood insurance likely required
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.