$148,400
3 Bed 1 Bath SingleFamilyResidence for Sale in TROPIC ISLES, FL
986 Tropical Palm Avenue, North Fort Myers, FL, 33903
About this home
Investor special in the desirable Tropic Isles area of North Fort Myers! This 3-bedroom, 1-bath single-family home offers approximately 1,320 sqft of living space and sits on a spacious lot. The property is structurally in place but in need of updates, making it a perfect opportunity for a fix-and-flip or rental investment. Features include a functional layout, carport parking, and a sizeable backyard with room for improvements or added value. Conveniently located just minutes from Downtown Fort Myers, Cape Coral, shopping, dining, and major roadways, this property offers strong upside potential in a growing area. Property is being sold as-is.
Property details
- Type
- SingleFamilyResidence
- Year built
- 1959
- Interior
- 1,320 sqft
- Lot size
- 8,363.52 sqft
- Acreage
- 0.19 acres
- Garage
- None
- Days on market
- 13
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $2,078/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- None listed
- Exposure
- North
- 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
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 |
|---|---|---|---|---|---|
| 934 Orange Blossom Lane | Oct 2025 | $179,000 | 3/1 | 1,130 | $158 |
| 1075 Hancock Creek South Boulevard 103 | Sep 2025 | $135,000 | 2/2 | 1,199 | $113 |
| 1040 Hancock Creek South Boulevard 101 | Jun 2026 | $142,500 | 2/2 | 1,199 | $119 |
| Average | 3 comps | $152,167 | $130 |
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 $38,400 (25.9%) from the original list price.
| May 14, 2026 | Sold | $110,000 |
| Mar 19, 2026 | Listed | $148,400 |
The good, the trade-offs & the location
- Built 1959 — 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.