Momentum Housing Data · Home Values · Lee County
Buying here? See Tropic Terrace Gardens Condo homes for sale and the Tropic Terrace Gardens Condo community guide (North Fort Myers).
Tropic Terrace Gardens Condo (North Fort Myers, FL): 3 recorded closings in the 12 months ending 2026-09-20, a 7-year price record, and the year-by-year record — every number from recorded MLS closings, none from an estimate model.
In the current window, sellers accepted a median 92.3% of original asking; the median sale took 19 days (window ending 2026-09-20).
| Year | Median sold | Median $/sqft | Median DOM | Sold ÷ original ask | Sales |
|---|---|---|---|---|---|
| 2026 | $150,000 | $113 | 19 | 92.3% | 3 |
| 2024 | $210,000 | $146 | 33 | 95.5% | 3 |
| 2023 | $190,000 | $146 | 9 | 98.3% | 5 |
| 2020 | $124,000 | $86 | 0 | 92.4% | 5 |
| 2018 | $124,500 | $87 | 11 | 100.0% | 3 |
| 2017 | $89,000 | $62 | 42 | 90.6% | 4 |
| 2016 | $88,000 | $61 | 3 | 93.5% | 5 |
Over the recorded series, Tropic Terrace Gardens Condo’s median sold price moved from $88,000 (2016) to $150,000 (12 months ending 2026-09-20) — +70% over that span, with every year’s figure from recorded closings, not a model.
The recorded series starts in 2016 at $88,000. Against the 2024 peak of $210,000, the current median stands at -29%. Annual sales volume here has ranged from 0 to 5 closings a year (10-yr average 2.8). With roughly 2.8 closings a year, Tropic Terrace Gardens Condo’s medians move in steps, not curves — a handful of unusual sales can swing a year, which is why the sales count sits next to every figure above.
From the live MLS feed as of 2026-10-01: The homes listed or recently sold were built between 1971 and 1971 (median 1971); 3 of 3 listed or recently sold homes report an HOA, median $511/mo; none of the 3 geocoded listed or recently sold homes sits in a FEMA special flood hazard zone (median elevation 9 ft). See the current Tropic Terrace Gardens Condo listings →
At Tropic Terrace Gardens Condo’s $150,000 median and Lee County’s adopted 15.97 mills (FY2025-26), a home assessed at that price carries roughly $2,400 a year in property tax before exemptions, or about $1,730 with the full Florida homestead exemption — a buyer’s first-year figure; a long-time owner’s Save Our Homes cap can be far lower, which is one reason resale taxes jump at closing. Municipal and special-district millage varies inside the county; see the Lee County tax page.
Current asking prices run a median $144,950 against the $150,000 recorded sold median (-3%) — the gap between what sellers hope and what the record shows. Demand check: 33% of Tropic Terrace Gardens Condo’s listings are under contract, against 16% for ZIP 33903 and 18% for Lee County as a whole — the community is absorbing faster than its surroundings.
Asking prices here currently sit -3% under the recorded sold median — sellers are pricing to move, and the closed record above is the number a buyer's appraiser will see.
We don’t publish algorithm guesses for specific homes — they can’t see condition, upgrades, or your lot. A local agent will prepare a records-based valuation from the same closed-sale data on this page, adjusted for your home. Free, no obligation.
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Communities buyers shopping Tropic Terrace Gardens Condo are also weighing (nearest by map distance), each on its own recorded 12-month closings. A median well above the neighbors is a ceiling to price against; well below is where the value argument lives.
| Community | Median sold | Median $/sqft | Median DOM | Sales |
|---|---|---|---|---|
| Tropic Terrace | $52,500 | $64 | 265 | 8 |
| Palm Island | $332,500 | $193 | 114 | 8 |
| Tropic Isles | $194,000 | $189 | 58 | 9 |
| Ridgeway | $305,000 | $242 | 54 | 3 |
More Tropic Terrace Gardens Condo: full community guide & homes for sale · choosing an agent here · should you sell now (statewide data) · what selling costs · cash offer vs. listing
Listing information provided by the Florida Gulf Coast Multiple Listing Service, Inc. Information is deemed reliable but not guaranteed by the MLS to be accurate. Compiled from recorded MLS closings; deemed reliable but not guaranteed. Figures are medians for the stated windows and change as new sales record; individual homes vary widely. No automated valuation for any specific property appears on this page. Equal Housing Opportunity. © 2026 Move With Momentum LLC — brokerage licensed in FL and GA. Disclosures
Content on this page is compiled from public records, MLS data, and automated data sources, and may contain errors or be out of date. It is provided for general information only and is not a representation about any specific property, community, builder, or association. Verify all information independently before relying on it.