Palm Island
Homes for Sale in North Fort Myers, FL

Palm Island market snapshot (as of November 11, 2026): the median sale price is about $302K ($178 per sq ft over the trailing 12 months of closed sales), a median 58 days on market for closed sales, and 7.2 months of supply, a buyer-leaning market.

In ZIP 33903 (North Fort Myers), 126 homes closed in the last 12 months at a median of $336K ($201/sq ft), up 11.4% year over year, with a median 71 days on market. Right now 190 active and 30 pending listings put supply at about 18.1 months — a buyer's market. See the live ZIP 33903 housing market and the Lee County market.

County records show 9 qualified sales in Palm Island across 2024–2025 (7 in 2024, 2 in 2025), median $335,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.

Palm Island is a community of 181 homes in North Fort Myers, Lee County, built between 1991 and 2005 (median 2003.0), with a median living area of about 2,684 square feet. 70% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Palm Island is a North Fort Myers community of 223 homes built primarily in the 1990s and early 2000s, offering larger-than-typical living space at a moderate per-square-foot price with no identified community amenities.

The defining number in Palm Island is the size-to-price ratio: a median 2,684 square feet against a $192.90 per-square-foot figure. That combination generally points to a market where buyers are trading updated finishes or amenity packages for raw square footage — and where condition, age, and any renovation history will swing value more than location within the community does. With no HOA amenities identified from current MLS listings, whatever draw exists here is the home itself, not a clubhouse or gate.

The 70% homestead share indicates a community that is largely owner-occupied rather than investor- or seasonal-heavy, which tends to support more consistent maintenance patterns over time, though it says nothing about any individual listing's condition. With a median dwelling built in 2003, most homes are now in the range where major systems — roof, HVAC, water heater — are due for evaluation or replacement, and that should factor directly into any offer.

In a market posting a 104-day median DOM and a soft 18 heat score, pricing strategy and negotiation leverage matter more than usual. We track what's actually closing in Palm Island, not just what's listed, so sellers price to the real market and buyers know when a 104-day listing has room to move.