Terrace I At Riverwalk
Homes for Sale in Fort Myers, FL
All 1,305 homes for sale in Fort Myers, FL · median $235,900 · Lee County homes for sale
True comps, carrying-cost math, and listings before the portals.
As of October 2026, the MLS records 56 closed sales in Terrace I At Riverwalk in Fort Myers, FL since 2015, the most recent in June 2026. Recorded prices since 2024 ran from $200,000 to $292,000 (median $244,000), on homes of 1,121 to 1,306 sq ft. Across Fort Myers as a whole, 12 homes closed in the last 12 months at a median of $345,000, 64 median days on market, with 1,907 homes for sale today. At that median and Lee County's FY2025-26 rate of 15.97 mills, annual property tax runs about $3,900 ($3,230 with the full homestead exemption).
Part of the Riverwalk master-planned community in Fort Myers, FL — see all Riverwalk homes for sale (9 listings across 5 villages and sections in the MLS).
Part of Terrace at Riverwalk, Fort Myers, FL — see all Terrace at Riverwalk homes for sale (6 listings across 4 sections in the MLS).
Terrace I At Riverwalk is showing a median price of $221,500 against a median of $186.15 per square foot, but with only 3 closings in the current window, that median is a thin data point rather than a settled trend. Treat any single figure here as directional, not definitive, until more sales print.
The bigger signal is the pairing of a 89-day median time on market with a market heat score of 14 — this is a slow-moving corner of the Fort Myers condo market right now, and pricing at or near recent comparable sales matters more than testing the upside. The year-over-year figure of -18.0% reinforces that sellers should price to the current data, not last year's.
Nearby homes for sale
No active listings inside Terrace I At RiverwalkHomes for Sale in Fort Myers, FL 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.
Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.
The 60-Second Overview
Terrace I At Riverwalk is a condominium community in Fort Myers, Lee County, currently trading at a median of $221,500 with a median of $186.15 per square foot — figures based on a small closings sample that buyers and sellers should weigh accordingly.
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.
Who Terrace I At Riverwalk is best for.
Best for
- A buyer who has done independent research on unit condition and comparable sales given the thin closings data.
- A buyer prioritizing purchase price over amenities, since none are currently identified from MLS listings.
- A seller who can price to current, declining-trend data rather than holding out for last year's numbers.
Probably not for
- A seller expecting a quick sale — the current 89-day median time on market works against fast timelines.
- A buyer who wants confirmed on-site amenities as part of the purchase decision.
- Anyone relying on a single median figure as a precise valuation tool given the 3-closing sample size.
The market around Terrace I At Riverwalk
Terrace I At Riverwalk is too small for its own price trend, so here is the market around it.
In ZIP 33904, 189 homes are on the market and 15% are under contract — a slower corner of Fort Myers.
Across Lee County, 7,579 homes are active and 1,646 pending (18% under contract).
In ZIP 33904 (Fort Myers), 5,462 homes closed in the last 12 months at a median of $380K ($221/sq ft), up 1.6% year over year, with a median 51 days on market. Right now 208 active and 47 pending listings — a buyer's market. See the live ZIP 33904 housing market and the Lee County market.
ZIP and county figures describe the wider market, not Terrace I At Riverwalk specifically. Momentum Research analysis of MLS records.
Housing distress & ownership in Terrace I At Riverwalk, Fort Myers
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
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. 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.
The Terrace I At Riverwalk buying strategy.
If we were buying in Terrace I At Riverwalk today, this is the order of operations we would run for our clients.
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.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
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 Terrace I At Riverwalk.
A thin market reading, not a dead one
With just 3 closings in the current window, Terrace I At Riverwalk doesn't offer the sample size to draw firm conclusions about pricing patterns unit-to-unit. What the numbers do show: a median price of $221,500, a median per-square-foot figure of $186.15, and a median 89 days on market — all consistent with a community that is moving slowly rather than quickly.
The year-over-year change of -18.0% and a market heat score of 14 both point the same direction: this is currently a buyer-leaning environment where negotiating room exists and sellers need realistic expectations. No community amenities are identified from current MLS listings, so buyers evaluating fit should confirm what, if anything, is included directly with the association rather than assuming standard condo perks.
The location and the amenities are priced into every listing in Terrace I At Riverwalk. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a low-volume market like this one, pricing accurately requires pulling every recent comparable, not just leaning on a headline median built from a handful of sales. We track the closings as they happen and adjust the read in real time, so sellers don't overprice into a slow market and buyers don't overpay against a thin comp set.
Terrace I At Riverwalk in 15 seconds.
HOA, CDD & Fees
- 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.
Tools for a Terrace I At Riverwalk buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Terrace I At Riverwalk sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Terrace I At Riverwalk, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Terrace I At Riverwalk home worth?
Get a no-obligation home value based on real comparable sales in Terrace I At Riverwalk, 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 →
Should you buy in Terrace I At Riverwalk?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Under-contract shares | Florida Gulf Coast MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2015 (56 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.
Own a home here?
You just read the data. Now see what your home is worth.
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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See how Terrace I At Riverwalk fits the bigger picture — live prices, inventory, and Momentum Scores:
Common questions about Terrace I At Riverwalk
Where is Terrace I At Riverwalk?
Terrace I At Riverwalk is a community in Fort Myers, Lee County, Florida, ZIP 33904 / 33919.
Are there homes for sale in Terrace I At Riverwalk right now?
No active listings inside Terrace I At Riverwalk at the last feed refresh. The nearest homes for sale, with distances from the community, are shown on this page and refreshed nightly.
Does Terrace I At Riverwalk have an HOA or CDD?
No HOA is on record for Terrace I At Riverwalk 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.
More on Terrace I At Riverwalk
- Home values · What homes in Terrace I At Riverwalk actually sell for
Nearby Communities
Explore more neighborhoods near Terrace I At Riverwalk with Momentum Realty’s local guides.
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.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Lee County scorecard.
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.