Aerial view of Mangrove Bay Condo

Mangrove Bay Condo
Homes for Sale in North Fort Myers, FL

Community in North Fort Myers · Lee County · ZIP 33903
Median sale $232K
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True comps, carrying-cost math, and listings before the portals.

Built fromLive fgc data12 years of closingsUpdated twice daily
Live · Mangrove Bay Condo Housing Pulse fgc + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$232K
Median sold · 12 mo
$153/sf
Sold $/sqft · 12 mo
peak $153 in 2026
94.4%
Sale vs ask
Lee median: 93.3%
Tempo
28days
Median DOM · closed
28 days at the 2026 low
4
Sold · last 12 mo
10-yr average: about 2 a year
Ownership and context
75%
Cash buyers · Mangrove Bay Condo
3 of 4 sales, 12 mo ending July 2026
Track record · 12 years of records
1,520sqft
Median sold home size
12-mo windows, closed sales
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Four closings is a thin enough sample that a single unit can swing the numbers, so treat the mid-$232K median and the $152.91 price-per-square-foot figure as a directional read rather than a precise line. What both numbers do confirm is that pricing here is condition- and size-driven rather than tied to a shared amenity package, since MLS data doesn't show one attached to these listings.

A median 27.5 days on market says these units are not sitting, but with so few closings behind it, one quick sale and one slow one could move that number substantially in either direction next quarter. Buyers and sellers should both price off the most recent comparable unit, not the trailing average.

The 60-Second Overview

Mangrove Bay Condo market snapshot (as of July 29, 2026): the median sale price is about $232K ($153 per sq ft over the trailing 12 months of closed sales), and a median 28 days on market for closed sales.

Mangrove Bay Condo is a small-volume market inside North Fort Myers, Lee County, where recent MLS activity has been light enough that each closing carries real weight in the numbers.

Best for

  • A buyer focused on unit-level value in North Fort Myers rather than community amenities
  • A buyer working with a budget near the current mid-$232K median and willing to verify pricing unit by unit
  • An investor comfortable underwriting a low-volume condo market with limited recent closing data

Probably not for

  • A buyer who wants an on-site amenity package such as a pool or clubhouse as part of the purchase decision
  • A buyer who needs a large, well-established sales history to benchmark price with confidence
  • A buyer expecting a fast, high-volume resale market with many comparable listings

Windows contain 0 to 4 sales each (4 in the current window); every figure carries its sample size, and thin markets swing on single closings. 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. Deemed reliable but not guaranteed.

Homes sold per 12-mo window
0242014201620182020202220242026
0 to 4 a year; 4 in the current window.

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.

$2,123/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.

How much local inventory is already under contract

0% of homes for sale in ZIP 33903 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-07-18).

Housing distress & ownership in Mangrove Bay Condo, North Fort Myers

Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.

Active inventory in distress
0.0%
0 of 8 listings

Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Deemed reliable but not guaranteed.

If we were buying in Mangrove Bay Condo 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 Mangrove Bay Condo.

Best Buy
A buyer targeting a specific unit type in North Fort Myers rather than shopping the community broadly.
Biggest Risk
The closings count is too small to treat the median price or price-per-square-foot as a stable benchmark.
Sweet Spot
Buyers comfortable evaluating a unit on its own condition and comps rather than leaning on community-wide averages.
Avoid If
You are prioritizing a community with an established amenity package, since none is identified in current listings.

What the numbers can and can't tell you

With only four closings in the current window, the $232,500 median price and $152.91 per square foot are useful as a starting reference point, not a forecast. A buyer evaluating a specific unit should ask how it compares directly to the most recent one or two sales rather than assuming the median applies evenly across the community.

No community amenities are identified in current MLS listings for Mangrove Bay Condo, which means value here is likely tied to the unit itself — condition, layout, and any water or exterior views — rather than a shared clubhouse, pool, or recreational package. Anyone comparing this community to a larger amenity-driven condo development should factor that difference into the price-per-square-foot comparison.

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

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a low-volume market like this one, the difference between a fair offer and an overpay often comes down to knowing which of the four recent closings is actually comparable to the unit in question. We pull the underlying listing detail, not just the median, before advising on price.

Mangrove Bay Condo in 15 seconds.

Best forA buyer targeting a specific unit type in North Fort Myers rather than shopping the community broadly.
Biggest advantagePricing here has moved with reasonable speed, based on the current median days-on-market figure.
Biggest riskThe closings count is too small to treat the median price or price-per-square-foot as a stable benchmark.
Sweet spotBuyers comfortable evaluating a unit on its own condition and comps rather than leaning on community-wide averages.
Avoid ifYou are prioritizing a community with an established amenity package, since none is identified in current listings.

HOA, CDD & Fees

In short
  • Mandatory HOA — confirm current dues
  • 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 Mangrove Bay Condo sales matched to your home.

What is your Mangrove Bay Condo home worth?

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Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Mangrove Bay Condo?
The median sale price in Mangrove Bay Condo was $232K over the 12 months ending July 29, 2026 (4 closed sales, fgc).
How long do homes in Mangrove Bay Condo take to sell?
Homes that closed in the 12 months ending July 29, 2026 took a median 28 days on market (4 sales, fgc).
Do cash buyers compete in Mangrove Bay Condo?
Cash buyers took 75% of Mangrove Bay Condo sales in the 12 months ending July 2026 (3 of 4 closings, fgc).
Who is the best real estate agent for Mangrove Bay Condo?
The best agent for Mangrove Bay Condo is one who actively works North Fort Myers and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Mangrove Bay Condo.
How do I find a top North Fort Myers real estate agent who knows Mangrove Bay Condo?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Mangrove Bay Condo and the wider North Fort Myers area.
Can Momentum Realty connect me with an agent for Mangrove Bay Condo?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Mangrove Bay Condo purchase or sale - no call center and no pressure.
A buyer focused on unit-level value in North Fort Myers rather than community amenitiesExcellent fit
A buyer working with a budget near the current mid-$232K median and willing to verify pricing unit by unitExcellent fit
An investor comfortable underwriting a low-volume condo market with limited recent closing dataExcellent fit
A buyer who wants an on-site amenity package such as a pool or clubhouse as part of the purchase decisionProbably not
A buyer who needs a large, well-established sales history to benchmark price with confidenceProbably not
A buyer expecting a fast, high-volume resale market with many comparable listingsProbably not

Data sources & freshness

Community market statsfgc closed sales, 12-month windows ending July 29, 2026
Under-contract sharesfgc records, as of 2026-07-18
Historical depthClosed-sale records back to 2014 (27 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 fgc 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 fgc member average and 8 days faster, and we’ll price yours against live your area comps.

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More North Fort Myers & Fort Myers & Lee County guides

Compare before you commit - every guide covers pricing, HOA/CDD, insurance posture, and fit. Browse all of Fort Myers & Lee County or the full Neighborhood Finder.

Thinking of selling in Mangrove Bay Condo? 4 recorded closings; median 27 days on market (window ending 2026-07-29). 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.
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