Terrace Homes under $250,000

Welcome to Terrace, a charming subdivision nestled in the heart of Florida, where community spirit and affordable living come together to create an inviting atmosphere for families, retirees, and everyone in between. This delightful neighborhood boasts a range of homes priced under $250,000, making it an ideal choice for first-time buyers or those looking to downsize without compromising on quality.

In Terrace, you'll find a variety of homes that cater to diverse tastes and lifestyles. From cozy single-family residences to modern townhomes, each property is designed with comfort and functionality in mind. The well-maintained landscapes and friendly neighbors add to the warm, welcoming vibe of the community, ensuring that you’ll feel right at home from day one.

Living in Terrace means enjoying the best of Florida’s sunshine and outdoor activities. The subdivision is conveniently located near parks, walking trails, and recreational facilities, perfect for those who love to stay active. Additionally, residents appreciate the proximity to shopping centers, dining options, and entertainment venues, making everyday errands and weekend outings a breeze.

As a part of a vibrant community, residents of Terrace benefit from a strong sense of belonging and camaraderie. Engage in neighborhood events, join local clubs, or simply enjoy the peace and tranquility that comes with living in this picturesque subdivision.

If you’re searching for an affordable home in a friendly community, look no further than Terrace. Discover your dream home today and embrace the Florida lifestyle in this delightful neighborhood!

Newest Terrace Homes under $250,000

$184,900

1 Beds ⋅ 1.5 Baths ⋅ 2026041044 MLS ⋅ Terrace BLDG.

Enjoy lakefront living in Cinnamon Cove, a gated community in Fort Myers, Florida. Completely remodeled and offered turnkey furnished, this 1-bedroom, 1.5-bath residence pairs inviting coastal décor with beautiful lake views. The updated kitchen features white cabinetry, stainless steel appliances, generous counter space and a breakfast bar opening to the living and dining areas. Wood-look flooring, crown molding and recessed lighting create a polished, welcoming interior. The bedroom offers peaceful water views and sliding-door access to the enclosed lanai—an ideal spot for morning coffee overlooking the lake. An updated full bathroom with a tiled shower, a convenient guest half bath and in-unit washer and dryer complete this move-in-ready home. Located approximately 3 miles from Fort Myers Beach and 3 miles from the Sanibel Causeway, this Southwest Florida retreat puts Gulf Coast beach days and island outings within easy reach. Discover a beautifully updated, turnkey lakefront home in the gated Cinnamon Cove community. HOA: $560/month. Annual property taxes: approximately $2,212; seller-estimated at approximately $1,700 with homestead exemption.

11140 Caravel CIR Unit 106, Fort Myers

12170 Kelly Sands WAY Unit 717, Fort Myers

$169,000

2 Beds ⋅ 2 Baths ⋅ 2026039860 MLS ⋅ Terrace BLDG.

Open the slider and the fairway runs east toward open water, with mature palms along the bank and the sunrise coming straight at you. That view is the reason to buy this one. It belongs to a second floor unit, and the second floor is what buyers in this community ask for first. Inside is 1,069 square feet in a split bedroom plan, so the guest room and its bath sit away from the primary suite and overnight visitors are not walking past your door. Newer luxury vinyl plank runs through the living space. The screened lanai adds another 158 square feet of the kind of room you actually use down here, morning coffee with the course waking up in front of you, a glass of something at the end of the day. The kitchen and baths are original and honest about it. If you have wanted to put your own hand on a place, the bones are here and the expensive part, the view, is already paid for. What is left is cosmetic and it happens on your schedule, not a builder's. The community sits behind a staffed gate off Summerlin, which puts the Sanibel causeway and Fort Myers Beach inside a short drive. Members have an eighteen hole course with a driving range and putting green, a clubhouse with a restaurant and coffee shop, a pool and spa, tennis, and a fitness center. Sidewalks run throughout, which sounds like a small thing until you are the one walking at seven in the morning. Practical matters. Refrigerator, range, dishwasher, microwave, disposal, washer and dryer all convey. One assigned covered parking space comes with the unit and the building has an elevator. Flood insurance on the building is carried by the association rather than by the owner. Leasing is permitted four times a year with a thirty day minimum, so a seasonal owner who wants the place to help carry itself has a real path to it.

12170 Kelly Sands WAY Unit 717, Fort Myers

10470 Washingtonia Palm WAY Unit 1212, Fort Myers

$235,000

2 Beds ⋅ 2 Baths ⋅ 2026039529 MLS ⋅ Terrace BLDG.

Welcome to the resort lifestyle at the prestigious Heritage Palms Golf & Country Club, one of Fort Myers’ most desirable gated golf communities! This beautifully maintained 2-bedroom, 2-bathroom condo offers a comfortable, open layout complemented by a fresh coat of interior paint, tile flooring throughout the main living areas and bathrooms, and attractive wood-plank laminate flooring in both bedrooms. The well-appointed kitchen features a breakfast bar, breakfast nook, pantry, and easy access to a separate dining area, providing plenty of space for both everyday living and entertaining. Step outside to the screened lanai and enjoy beautiful views overlooking the 18th hole along with expansive lake views—the perfect setting for morning coffee or relaxing at the end of the day. Additional conveniences include extra storage outside the unit and an assigned covered parking space under a carport. Heritage Palms offers an amenity-rich, resort-style experience with bundled golf and tennis, championship golf, multiple sparkling pools, three on-site dining venues, a revitalized clubhouse, and a popular tiki bar. Residents can also enjoy pickleball, bocce, a fitness center, scenic walking trails, and beautifully maintained tropical surroundings. Ideally located in Fort Myers, Heritage Palms provides convenient access to Southwest Florida’s white-sand beaches, RSW International Airport, and premier shopping, dining, and entertainment at Bell Tower and Gulf Coast Town Center. Whether you're searching for a seasonal retreat or a place to enjoy the Southwest Florida lifestyle year-round, this condo offers the perfect combination of comfort, views, amenities, and location.

10470 Washingtonia Palm WAY Unit 1212, Fort Myers

$229,900

2 Beds ⋅ 2 Baths ⋅ 2026036660 MLS ⋅ Terrace BLDG.

Discover the comfort and convenience of third-floor living at Cinnamon Cove, ideally located just minutes from Fort Myers Beach and the beautiful beaches of Sanibel Island. This 2-bedroom, 2-bathroom condo offers a comfortable, functional layout and a tiled screened lanai with an elevated outlook across the landscaped community grounds, mature trees, and lake view. The upper-floor setting provides added privacy, while hurricane shutters throughout offer additional protection and peace of mind. The kitchen features granite countertops, white cabinetry, ample counter space, and plantation shutters, with additional plantation shutters in the guest bedroom. The condo has a comfortable, welcoming feel as it stands today, while still offering plenty of opportunity to add your own style over time. Covered parking and private storage add everyday convenience. Cinnamon Cove offers a variety of amenities and recreational options, including tennis, bocce, shuffleboard, a fitness room, clubhouse, billiards, and more. With Fort Myers Beach, Sanibel Island, shopping, dining, and recreation all within easy reach, the location puts some of Southwest Florida’s best coastal destinations close to home while maintaining the tucked-away residential setting that makes Cinnamon Cove an appealing choice for year-round living or a seasonal retreat.

11220 Caravel CIR Unit 308, Fort Myers

$220,000

2 Beds ⋅ 2 Baths ⋅ 2026034476 MLS ⋅ Terrace BLDG.

Fabulous first-floor condo in the gated community of Cinnamon Cove now available! This beautifully updated and move-in-ready two bedroom, two full bath residence offers a bright, open floor plan with luxury vinyl plank flooring throughout and attractive updates. The bright kitchen features a charming breakfast nook, tall white cabinetry, quartz countertops, a large sink, breakfast bar, and fantastic built-in storage. The open living and dining areas flow directly to the screened lanai with landscaped views, creating additional space to enjoy the Florida setting. The primary bedroom features a large closet, sliding doors to the screened lanai, and an en-suite bathroom. The guest bedroom offers convenient access to the second full bathroom. Both bathrooms have been beautifully upgraded with attractive lighting, finishes, and gorgeous showers. An inside laundry closet provides additional convenience. Additional features include a detached carport and private storage unit. All new interior paint, light fixtures, and cabinetry. Cinnamon Cove is a gated community in South Fort Myers offering an extensive selection of amenities, including a clubhouse, swimming pools and spa, fitness center, tennis, pickleball, bocce, and shuffleboard, along with additional recreational and social facilities. Conveniently located with access to Fort Myers Beach, Sanibel Island, shopping, dining, healthcare, Southwest Florida International Airport, and other Southwest Florida destinations. Fantastic opportunity to enjoy a beautifully updated first-floor condo and the many amenities Cinnamon Cove has to offer!

11460 Caravel CIR Unit 5002, Fort Myers

$245,000

2 Beds ⋅ 2 Baths ⋅ 226031508 MLS ⋅ Terrace BLDG.

Welcome to this light and bright 2-bedroom, 2-bath Brookside condo in the desirable “Island” section of Cedar Hammock Golf & Country Club. This second-floor residence offers 1,232 sq. ft. of living space with beautiful lake, preserve and golf course views overlooking the 11th hole. The open living and dining areas feature updated laminate flooring and crown molding, while the kitchen offers granite countertops and plenty of natural light. This condo has been meticulously cared for and well-maintained. Enjoy the peaceful views from the tiled screened lanai. Offered turnkey furnished and ready for its next owner, the condo includes newer furnishings, light fixtures, fans and washer/dryer. Also included are TWO NEWER SETS OF GOLF CLUBS, which have been stored inside the air-conditioned unit, along with a gently used electric grill for your lanai. Cedar Hammock is a bundled golf community featuring an 18-hole championship golf course, clubhouse with dining, fitness center, community pools, tennis, bocce, practice facilities and an active social calendar. Conveniently located with easy access to downtown Naples, 5th Avenue, area beaches and Marco Island. An excellent opportunity to enjoy the Cedar Hammock lifestyle!

8680 CEDAR HAMMOCK CIR Unit 122, Naples

$175,000

2 Beds ⋅ 2 Baths ⋅ 2026033185 MLS ⋅ Terrace BLDG.

Here is a terrific opportunity to have a great place right near the beaches and convenient to shopping, restaurants and Love Boat Ice Cream!!! Welcome to the gated, Cinnamon Cove in the Terrace condominiums. This two bedroom, two bathroom property is on the second floor (elevator just a few steps away), is fully furnished and ready for you to enjoy! Offers nice views to the big lake from the master bedroom and enclosed lanai -perfect! Some may choose to take this unit and do a full redo. It's ready for your elegant choices! SELLER does want this property sold sooner than later, don't be shy with your offers.

11220 Caravel CIR Unit 203, Fort Myers

12601 Kelly Sands WAY Unit 422, Fort Myers

$189,900

2 Beds ⋅ 2 Baths ⋅ 2026032431 MLS ⋅ Terrace BLDG.

Kelly Greens is a private, resident-owned bundled golf community designed by Gordon Lewis. Beautifully renovated clubhouse with bar and several dining options (both casual & fine), tennis, pickleball, community pool, fitness center and pro shop. Active community with events, clubs & activities. This gated community is located minutes from the beaches of Sanibel and a short drive to Fort Myers Beach. This turnkey condominium offers a large screened balcony overlooking the golf course. Top floor unit, covered carport and extra storage are also part of this package. Ready to winter or live year round in this active community, call for your private showing today!

12601 Kelly Sands WAY Unit 422, Fort Myers

12581 Kelly Sands WAY Unit 509, Fort Myers

$199,900

2 Beds ⋅ 2 Baths ⋅ 2026025971 MLS ⋅ Terrace BLDG.

OWNER FINANCING WITH 15% DOWN Charming 1st fl unit with recent contemporary upgrades, boasting granite countertops, white shaker cabinets with soft close, all new SS appliances including A/C and HW too. Enjoy Country Club living with newly refurbished Tennis Courts and Championship Golf Course. For the Golf enthusiast, this is a Bundled Golf community, which means GOLF IS INCLUDED. Beach Goer? Fort Myers Beach, Sanibel and Captiva are 2-3 miles away for you to walk, sunbath or shell hunt. Enjoy the outdoors on your large, screened in lanai overlooking golf, lake and Clubhouse. There are several pools for you to swim in, a restaurant, fitness center and lots of other amenities for you to explore. Feel secure in knowing this is a gated community, close to dining, shopping and RSW airport. This unit has a designated carport and storage unit as well. Schedule to see it today.

12581 Kelly Sands WAY Unit 509, Fort Myers

12581 Kelly Sands WAY Unit 512, Fort Myers

$214,000

2 Beds ⋅ 2 Baths ⋅ 2026025635 MLS ⋅ Terrace BLDG.

Second floor condo with beautiful golf and water views!! BEST LOCATION IN KELLY GREENS...only steps away from community pool, clubhouse, fitness center, putting green, tennis and golf course!! This turnkey property awaits...offering an eat in kitchen, great room featuring dining area transitioning into a comfortable living area and then onto a spacious lanai ... a perfect place to entertain, dine, or just relax and take in the breathtaking scenery. Master bedroom suite opens onto the lanai as well, with a separate guest room and bath offering privacy and comfort to visiting family and guests. Whether you are a golfer, tennis or pickleball player, or beach lover, this is for you! Kelly Greens is a bundled golf and tennis community offering the true Florida lifestyle. Located just minutes from Fort Myers Beach, Bunche Beach, and Sanibel Island, and yet a short drive to SWF airport, Kelly Greens would be a perfect choice for a full time, part time or investment opportunity. Arrange an in person or video showing today!

12581 Kelly Sands WAY Unit 512, Fort Myers

$179,000

1 Beds ⋅ 1.5 Baths ⋅ 2026025363 MLS ⋅ Terrace BLDG.

Enjoy peaceful, panoramic lake views from this beautifully updated third-floor condo in the highly sought-after Cinnamon Cove community. Bright, welcoming, and move-in ready, this residence features a brand-new A/C system and upgraded attic vent insulation installed in February 2025, fresh interior paint, newer kitchen appliances (2023), and all-new furnishings throughout. The thoughtfully designed floor plan offers one bedroom, 1.5 baths, and an open living area that flows effortlessly to the screened lanai. Eastern exposure fills the space with gentle morning sunlight, creating the perfect spot to relax with your coffee while taking in beautiful sunrise views over the water. Hurricane shutters and lanai sunshades provide additional comfort, convenience, and year-round protection. Nestled within the gated, amenity-rich Cinnamon Cove community, residents enjoy an active and engaging lifestyle supported by a full-time activities director. Community amenities include multiple pools, a clubhouse, hot tub, fitness center, tennis courts, pickleball, bocce, and shuffleboard, along with a packed calendar of social events, dinners, entertainment, and clubs. Combining tasteful updates, scenic lake views, and an exceptional community atmosphere, this condo presents a fantastic opportunity in a prime location. Schedule your private showing today—this one is not to be missed.

11250 Caravel CIR Unit 306, Fort Myers

$229,000

3 Beds ⋅ 2 Baths ⋅ 2026022386 MLS ⋅ Terrace BLDG.

TOTALLY RENOVATED 3-bedroom, 2-bathroom first-floor condo with open layout and resort-style amenities. This spacious unit features a bright living/dining area. NEW remodeled kitchen. NEW cabinets. NEW stainless steel appliances with warranty. NEW two updated bathrooms with sleek finishes. NEW AC with warranty. Bedrooms offer natural light and comfort. Convenient first-floor location—no stairs, easy access! Enjoy a heated pool, gym, basketball & pickleball courts, and a clubhouse with event space. Prime location near JetBlue Park perfect for baseball fans, restaurants, cafes, and shops. Gateway community amenities included. Move-in ready! Clubhouse: Features a banquet room, library, and video room for social gatherings and entertainment. Plus, residents of this community benefit from access to Gateway amenities, including parks and an additional pool, expanding your recreational options.

11530 Villa Grand Unit 1101, Fort Myers

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program (BR Program) of M.L.S. of Naples, Inc. Properties listed with brokerage firms other than this company are marked with the BR Program Icon or the BR House Icon and detailed information about them includes the name of the listing brokers. The properties displayed may not be all the properties available through the BR Program. The information provided is for consumers’ personal, non-commercial use and may not be used for any other purpose.