Aerial view of Cypress Terrace

Cypress Terrace
Homes for Sale in Fort Myers, FL

All 1,277 homes for sale in Fort Myers, FL · median $235,000 · 300 homes for sale in 33905 · Lee County homes for sale

Community in Fort Myers · Lee County · ZIP 33905
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True comps, carrying-cost math, and listings before the portals.

Built fromLive Florida Gulf Coast MLS data12 years of closingsUpdated twice daily
Live · Cypress Terrace Housing Pulse Florida Gulf Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Tempo
2
Sold · last 12 mo
10-yr average: about 1 a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Cypress Terrace is a small, fixed inventory pocket in Fort Myers — only 25 homes tracked in the current MLS snapshot, spanning original 1959 construction up through 2020 builds. That spread matters more than any single number here: a buyer touring this street sees homes that are functionally two different product types, one legacy-era and one modern, sitting on the same roll.

With just two closings in the tracking window, there is not enough transaction volume to draw a reliable price trend, and no price figure from this snapshot should be treated as a market signal. What we can say with confidence is structural: median living area runs around 2,216 square feet, and the median build year of 1962 tells you most of the stock predates recent code cycles, which puts systems age and renovation history — not square footage — at the center of any pricing conversation.

Nearby homes for sale

No active listings inside Cypress Terrace right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.

4355 Cypress LN
$1.20M · 0.1 mi away
3 bd · 2 ba · 2,265 sqft
4355 Cypress LN
Listed by Ideal Homes Realty LL
356 New York DR
$275K · 0.2 mi away
4 bd · 2 ba · 1,600 sqft
356 New York DR
Listed by Starlink Realty, Inc
100 FAIRVIEW AVE
$2.20M · 0.2 mi away
6 bd · 6 ba · 4,928 sqft
100 FAIRVIEW AVE
Listed by EXP Realty LLC
363 New York DR
$320K · 0.2 mi away
3 bd · 2 ba · 1,504 sqft
363 New York DR
Listed by Re/Max Sunshine
138 Riverview RD
$750K · 0.2 mi away
4 bd · 2 ba · 1,610 sqft
138 Riverview RD
Listed by ADDVANTAGE
4240 Riverview RD
$350K · 0.2 mi away
4 bd · 3 ba · 2,252 sqft
4240 Riverview RD
Listed by KW Florida Living

Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.

The 60-Second Overview

Cypress Terrace is a compact Fort Myers community where original 1960s-era homes sit alongside a smaller number of homes built decades later, so lot-by-lot condition varies more than typical for a subdivision this size.

Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.

Best for

  • A buyer comfortable evaluating each home individually on systems age and renovation history rather than relying on subdivision-wide trends
  • Someone targeting a smaller, low-inventory Fort Myers pocket and willing to move when the right original or updated home surfaces
  • An investor or renovator looking specifically at 1960s-era stock with upside tied to condition work rather than location premium

Probably not for

  • A buyer who wants on-site community amenities as part of the purchase decision
  • Someone who needs a deep, recent comparable-sales history to feel confident on price before writing an offer
  • A buyer expecting uniform home condition or era across the community rather than a mixed original-to-modern stock

The market around Cypress Terrace

Cypress Terrace is too small for its own price trend, so here is the market around it.

In ZIP 33905, 403 homes are on the market and 19% are under contract — a steady corner of Fort Myers.

Across Lee County, 9,645 homes are active and 2,286 pending (19% under contract).

In ZIP 33905 (Fort Myers), 1,103 homes closed in the last 12 months at a median of $320K ($201/sq ft), up 0.5% year over year, with a median 61 days on market. Right now 521 active and 108 pending listings — a buyer's market. See the live ZIP 33905 housing market and the Lee County market.

ZIP and county figures describe the wider market, not Cypress Terrace specifically. Momentum Research analysis of MLS records.

If we were buying in Cypress Terrace today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Cypress Terrace.

Best Buy
Buyers who want a smaller, lower-turnover Fort Myers community and are comfortable evaluating homes on a case-by-case basis.
Biggest Risk
With only two closings tracked, there is no reliable price trend to lean on, and per-lot condition varies more than the raw stats suggest.
Sweet Spot
A buyer or investor looking at a 1960s-era home with clear eyes on renovation scope, rather than expecting turnkey condition as the default.
Avoid If
Skip this one if you need on-site amenities or a data-rich comp set to validate pricing before you commit.

A split-era inventory in a thin market

The build-year range here — 1959 to 2020 — is unusually wide for a 25-home community, and the median sitting at 1962 confirms the bulk of the stock is original construction. That means the two questions that actually drive value are age of major systems (roof, HVAC, electrical panel) and whether a given home has been updated since its original build. A newer home on the same street is not competing on the same basis as a 1960s original, even if square footage lines up.

No community amenities were identified from current MLS listings, so whatever draws a buyer to Cypress Terrace is the lot, the structure, and the location itself rather than shared recreational infrastructure. With only two closings in the tracking window, pricing conclusions should be treated as provisional — this is a community where an agent needs to pull recent comparable sales directly rather than lean on a published trend line.

The location and the amenities are priced into every listing in Cypress Terrace. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

A 25-home community with a split build-era and almost no recent closing volume is exactly the kind of market where generic online estimates fall apart. We pull the actual comparable sales, walk the age-versus-condition math on each listing, and tell a buyer plainly whether a given home's price reflects an original structure or a meaningfully updated one — before an offer goes in, not after.

Cypress Terrace in 15 seconds.

Best forBuyers who want a smaller, lower-turnover Fort Myers community and are comfortable evaluating homes on a case-by-case basis.
Biggest advantageA wide build-year spread means motivated buyers can find either a period-original structure or a comparatively modern build within the same small footprint.
Biggest riskWith only two closings tracked, there is no reliable price trend to lean on, and per-lot condition varies more than the raw stats suggest.
Sweet spotA buyer or investor looking at a 1960s-era home with clear eyes on renovation scope, rather than expecting turnkey condition as the default.
Avoid ifSkip this one if you need on-site amenities or a data-rich comp set to validate pricing before you commit.

HOA, CDD & Fees

In short
  • HOA status not on record. Verify any dues before you offer
  • Any club/amenity membership is billed separately

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Cypress Terrace sales matched to your home.

What is your Cypress Terrace home worth?

Get a no-obligation home value based on real comparable sales in Cypress Terrace, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See all homes for sale in Fort Myers →

Real comps, not an automated estimate.
A buyer comfortable evaluating each home individually on systems age and renovation history rather than relying on subdivision-wide trendsExcellent fit
Someone targeting a smaller, low-inventory Fort Myers pocket and willing to move when the right original or updated home surfacesExcellent fit
An investor or renovator looking specifically at 1960s-era stock with upside tied to condition work rather than location premiumExcellent fit
A buyer who wants on-site community amenities as part of the purchase decisionProbably not
Someone who needs a deep, recent comparable-sales history to feel confident on price before writing an offerProbably not
A buyer expecting uniform home condition or era across the community rather than a mixed original-to-modern stockProbably not

Data sources & freshness

Under-contract sharesFlorida Gulf Coast MLS records, as of 2026-09-08
Historical depthClosed-sale records back to 2014 (13 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of Florida Gulf Coast MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

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The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Florida Gulf Coast MLS member average and 8 days faster, and we’ll price yours against live local comps.

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CallFree valuation →
Thinking of selling in Cypress Terrace? 2 recorded closings (window ending 2026-09-12). See the Lee County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.

Common questions about Cypress Terrace

Where is Cypress Terrace?

Cypress Terrace is a community in Fort Myers, Lee County, Florida, ZIP 33905.

Are there homes for sale in Cypress Terrace right now?

No active listings inside Cypress Terrace at the last feed refresh. The nearest homes for sale, with distances from the community, are shown on this page and refreshed nightly.

Does Cypress Terrace have an HOA or CDD?

No HOA is on record for Cypress Terrace in our data. Verify dues, what they cover, and any special assessment for a specific address before you offer.

Answers are generated from county property records, MLS feeds and the figures on this page, as of the page date; deemed reliable but not guaranteed.

Nearby Communities

Explore more neighborhoods near Cypress Terrace with Momentum Realty’s local guides.

CPCoral Park (Lee)0.2 mi away · 1 for saleAGAlabama Grove Terrace0.2 mi away · median $244K, 12 sales/12 moAGAlabama Grove0.2 mi away · 1 for saleRGRainbow Groves0.5 mi away · 2 for saleBMBroadview Manor0.5 mi awayRPRoyal Palm (Lee)0.6 mi awaySGSeminole Garden Apartments0.6 mi away · median $85K, 5 sales/12 moCRCarters Royal Palm Park0.6 mi away

Browse all neighborhood guides →

Talk to a Local Cypress Terrace Expert
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The real cost & risk here

Before the list price, the Florida math the portals skip. These are Lee County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.

$2,160/mo
Lee County typical true cost to own
$183/mo
Lee County typical home insurance
Check CDD
Confirm before you offer

County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.