1514 Tropic Terrace

North Fort Myers, FL 33903

$110,000
Last Sold Price
3
Beds
2
Baths
1,872 Sq. Ft.
$59 / Sq. Ft.
1,872
Sq. Ft.
$59
per Sq. Ft.

Description

Don’t miss out on this RARE opportunity to get a 3 bedroom 2 bathroom condo at Tropic Terrace. A spacious
1,872 SF unit in a boating community that boats GULF ACCESS. This is a 2nd floor unit in a building with elevator, and has 2 patios
that provide superb lighting. This is 1 of 2 units that are double the space, or more, than the remaining. Adding that a recent remodel has been completed, this will be all yours to just move right in. All
bedrooms will easily fit a king sized bed. Currently the
...Don’t miss out on this RARE opportunity to get a 3 bedroom 2 bathroom condo at Tropic Terrace. A spacious
1,872 SF unit in a boating community that boats GULF ACCESS. This is a 2nd floor unit in a building with elevator, and has 2 patios
that provide superb lighting. This is 1 of 2 units that are double the space, or more, than the remaining. Adding that a recent remodel has been completed, this will be all yours to just move right in. All
bedrooms will easily fit a king sized bed. Currently the oversized third bedroom is used as separate living
quarters complete with a private lanai. Opportunities are endless, either as it’s laid out or getting condo
approval to divide the large unit into 2 smaller units (condo managements supports this idea, but needs
further approval) this could make an OUTSTANDING INVESTMENT OPPORTUNTIY. This beautifully
landscaped complex offers a heated pool, club house, boat dockage and shuffle board courtsThe HOA
fee includes Insurance, Irrigation, Lawn Maint., Exterior Pest Control, Sewer, Street Lights, Trash
Removal, & Water. Ownership also offers you the ability to lease dock space. Tropic Terrace is a 55+. 1514 is priced well below market value (equivalent to smaller units) and ready to sell
  1. Listed by Tushar Pednekar • MVP Realty Associates LLC
  2. Listed by Douglas Spruill • MVP Realty Associates LLC

Property Details for 1514 Tropic Terrace

Development
TROPIC TERRACE
Building Design
Low Rise (1-3)
Community Type
Boating, Non-Gated
Waterfront
Yes
Waterfront Desc
Canal Access
Waterfront Desc
Canal
View
Landscaped Area, Partial Buildings
Garage Spaces
.00

Location

Listing Courtesy of MVP Realty Associates LLC, Tushar Pednekar; MVP Realty Associates LLC, Douglas Spruill

Sold By MVP Realty Associates LLC, Jimmy Whitt

Add your commute
LISTING UPDATED: 03/16/2024 09:25 PM

Property Details for 1514 Tropic Terrace

StatusClosed
MLS #223090740
Days on Market77
Taxes$2,332 / year
HOA Fees$3,555 / quarter
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential / Condo
Year Built1968
CountyLee County

Location

Listing Courtesy of MVP Realty Associates LLC, Tushar Pednekar; MVP Realty Associates LLC, Douglas Spruill

Sold By MVP Realty Associates LLC, Jimmy Whitt

Add your commute

Building Information for 1514 Tropic Terrace

Building/Complex1514 Tropic TerFloor-Stories2Residences34Pet PolicyAllowedYear Built1968

Payment Calculator

$1,980 per month

30 year fixed, 7.25% Interest

Principal and Interest

$600

Property Taxes

$194

HOA Dues

$1,185

The Payment Calculator is for illustrative purposes only.

Property Information for 1514 Tropic Terrace

Summary
Location and General Information
  • City: NORTH FORT MYERS
  • Human Modified: Yes
  • Latitude: 26.65
  • Longitude: -81.91
  • MLS Area Major: FN03 - North Fort Myers Area
  • Pets: Limits, With Approval
  • Postal Code: 33903
  • Street Name: Tropic
  • Street Number: 1514
  • Street Suffix: TER
  • Block: 1514
  • Full Address: 1514 Tropic TER
Parking
  • Carport Spaces: .00
  • Carport: No
  • Covered Spaces: .00
  • Garage: No
  • Parking Features: Assigned, One Space
Taxes and HOA Information
  • Amenity Rec Fee: $.00
  • Application Fee: $150.00
  • HOA Fee: $3,555.00
  • HOA Fee Freq: Quarterly
  • Maintenance: Insurance, Irrigation Water, Maintenance Grounds, Pest Control, Sewer, Street Lights, Trash, Water
  • Association Mngmt Phone: 2397286100
  • Mandatory HOA: Yes
  • HOA Desc: Mandatory
  • Tax Annual Amount: $2,331.54
  • Tax Year: 2022
  • Transfer Fee: $.00
  • Association Fee 3: $.00
Property
Lot Information
  • Source of Measure Total Area: Condo Documents
  • Development Name: TROPIC TERRACE
  • Parcel Number: 09-44-24-24-01514.0000
  • Property Type: Residential
  • Section: 9
  • Source of Measure Living Area: Condo Documents
  • Lot Desc: Corner Lot, Other
  • Acres: 0.3351
  • Lot Size Area: 0.3351
  • Lot Size Units: Acres
  • Legal Desc: TROPIC TERR COND BLDG 1500 OR 457 PG 466 APT 1514
Property and Assessments
  • Total Area: 1872.0
  • Rear Exposure: W
  • Approx Living Area: 1872.0
  • Possession: Close Of Escrow
  • Property Condition: Resale
  • Property Sub Type: Condominium
  • Township: 44
  • Senior Community: true
  • Range: 24
  • Special Assessment: 0.00
  • Sub Condo Name: TROPIC TERRACE
  • Year Built Numeric: 1968
  • Property Sub Type Additional: Condominium
  • Restrictions: Age Restrictions, Limited Number Vehicles
Lease Information
  • Land Lease Fee: $.00
  • Lease Amount Per Area Unit: Dollars Per Square Foot
  • One Time Land Lease Fee: $.00
  • One Time Mandatory Club Fee: $.00
  • One Time Othe Fee: $.00
  • One Time Special Assessment Fee: $.00
Utilities
  • Sewer: Assessment Paid, Central
  • Water Source: Assessment Paid, Public
  • Water: Assessment Paid, Central
Multi Family
Multi-Family Information
  • Common Interest: Condominium
  • Num Unit Floor: 2
  • Annual Food And Beverage Minimum: 0.00
  • Units in Complex: 196
  • Other Fee: $.00
  • Total Floors: 2
  • Total One Time Fees: $150.00
  • Units in Building: 34
  • Unit Location: 2
Interior and Exterior Features
Exterior Features
  • Architectural Style: Other, Low Rise
  • Association Amenities: Boat Dock, Boat Ramp, Clubhouse, Laundry, Pool, Shuffleboard Court, Boat Slip, See Remarks, Storage
  • Canal Width: Canal Width 81-120
  • Community Features: Boat Facilities, Elevator, Non Gated
  • Construction: Poured Concrete, Concrete Block
  • Exterior Features: Other, Shutters Manual
  • Exterior Features: None
  • Irrigation Source: Other, Includedin Assessment
  • Patio And Porch Features: Lanai, Porch, Screened
  • Pool Features: Community
  • Private Pool: No
  • Roof: Shingle
  • Structure Type: Low Rise
  • Gulf Access: No
  • Spa: No
Interior Features
  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Baths Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 2.0
  • Beds Total: 3
  • Bedrooms: 3 Bed
  • Cooling: Central Air, Electric
  • Cooling: Yes
  • Elevator Text Details: Common
  • Flooring: Laminate, Tile
  • Furnished Desc: Unfurnished
  • Heating: Central, Electric
  • Heating: Yes
  • Interior Features: Builtin Features, Other, See Remarks, Shower Only, Separate Shower, Split Bedrooms
  • Interior Features: Built-In Cabinets, Built-Ins, Other
  • Laundry Features: Common Area
  • Rooms Total: 0
  • Window Features: Single Hung
Rental
Rental Information
  • One Time Rec Lease Fee: $.00

Property History for 1514 Tropic Terrace

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1514 Tropic Terrace

Taxable ValueLand-Additions$229,031Total-
Tax Record2023$2,845 ($237 / month)
Home Facts
Beds3Total Finished SqFt1,872 SqFtAbove Grade Finished SqFt1,872 SqFtStories2Lot Size14,600 SqFtStyleCondominiumYear Built1968CountyLEEAPN09-44-24-24-01514.0000

Schools near 1514 Tropic Terrace

This home is within Lee.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 5
Public - PK to 5
Public - PK to 5
Rating
School
Distance
Tropic Isles Elementary School
PublicPK to 5

Caloosa Elementary School
PublicPK to 5

Hancock Creek Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of MVP Realty Associates LLC, Tushar Pednekar; MVP Realty Associates LLC, Douglas Spruill

The information is being provided in part by Southwest Florida Multiple Listing Service, Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2, and MarcoMls. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 Southwest Florida Multiple Listing Service and MarcoMls. All Rights Reserved. The data relating to real estate for sale displayed on this website comes in part from the Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2 and MarcoMls. Properties listed with brokerage firms other than Compass are marked with the "BR House" logo. Detailed information about such properties includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties listed with brokerage firms participating in the Naples MLS BR Program, or contained in the database compilation of Naples MLS.