1 Bed Condominium for Sale in Cape Coral
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For SaleMLS# 2026011579

$87,500

1 Bed Condominium for Sale in Cape Coral

402 SE 42nd Terrace 3, Cape Coral, FL, 33904

1 beds1 baths848 sqft
GatedClubhouseCommunity Pool55+

About this home

BRING US AN OFFER- SELLER WILL CONSIDER ALL OFFERS!!! Welcome to Country Club Estates Condo! 55+ Community. Allows for up to 4, 90 day rentals a year. This easily accessible first floor condo is perfect for either a winter getaway or full time living. Great location near Country Club Boulevard and Cape Coral Parkway. You are close to wonderful waterfront parks (within 5 minutes) and downtown Cape Coral dining. Jaycee Park, Four Freedoms, Four Mile Cove Ecological Park, and Slipaway Food Truck Park & Marina are all nearby. Easy access to both family-friendly and social lifestyle spots! Residents of Country Club Estates Condo love the new exterior paint, oversized heated pool and lounge area. The large clubhouse features indoor/outdoor showers, bathroom and kitchen facility for gatherings with family & friends! Additional amenities include a BBQ patio, community room, billiards and shuffleboard. Relax and unwind on your private lanai while enjoying a serene, park-like view. Inside, the condo features a vaulted ceiling in the dining area, a bright white tray ceiling in the kitchen, updated plank tile flooring in the bathroom, and tile flooring throughout. You’ll also appreciate the extra-large walk-in pantry or storage closet conveniently located within the unit AND the assigned parking spot- just for you!!

Property details

Type
Condominium
Year built
1968
Interior
848 sqft
Lot size
7,261.452 sqft
Acreage
0.17 acres
Garage
None
Days on market
155
Total association fees
$4,920/yr (~$410/mo)
CDD
None
Est. taxes (1.4%)
$1,225/yr
Flood zone (area est.)
No · Low risk (X)
Storm protection
None listed
Exposure
South
Waterfront
No
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
Public
Sewer
Public Sewer
New construction
No
Pets
No
County
Lee

Total association fees sums the core association dues the MLS feed provides (HOA, condo/master association, and land lease), normalized to a yearly figure. These are separate from and additional to specialty charges, mandatory club or food-and-beverage minimums, special assessments, and rec-lease fees, which the IDX feed does not carry. Always confirm the full fee schedule with the HOA or listing agent.

Maintenance included in the fee

InsuranceLaundryMaintenanceGroundsPestControlRoadMaintenanceSewerTrashWater

What the association dues cover, per the MLS. Confirm the full schedule with the HOA.

Amenities

BilliardRoomBilliardsClubhouseLaundryBarbecuePicnicAreaPoolShuffleboardCourtStorageManagement

Flood risk shown is an area-level estimate and can differ from a specific unit's actual FEMA designation (which varies by structure and elevation). Look up this address on the FEMA Flood Map and verify with a licensed insurance agent before relying on it.

At marketThis home is priced in line with comparable recent sales.
This home
$103/sqft
Comp median
$103/sqft
Difference
0%

Based on the $/sqft of 4 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.

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Recently sold nearby

Closed comparable sales within ~1 mile in the last 12 months, similar price, size, beds/baths, and age.

AddressSoldSold priceBeds/BathsSq ft$/sqft
403 SE 43rd Terrace 9Jun 2026$88,0001/1848$104
4611 SE 5th Place 6Apr 2026$85,0001/1680$125
3911 Country Club Boulevard 102Oct 2025$89,0002/21,026$87
3917 Country Club Boulevard 102Jun 2026$105,0002/21,026$102
Average4 comps$91,750$105

Market trends, Country Club Estates Condo

Median list
$421,950
Median $/sqft
$240
Median sold (90d)
$275,000
Avg days on market
77
Active listings
28
Median sold price · Country Club Estates Condo
$275,000last 3 monthsnot enough sold data to compare

Live community medians from the MLS · see all listings. Indicative, not an appraisal.

Price & status history

Down $12,500 (12.5%) from the original list price.

Jun 22, 2026Price reducedfrom $97,000$87,500
Mar 17, 2026Listed$100,000

The good, the trade-offs & the location

Pros
  • Lower flood risk (zone X)
Consider
  • Built 1968 — pre-2002 construction may carry older wind codes and higher insurance
  • No garage listed
  • 55+ age-restricted community
Location convenienceHigh
Hospital
4.3 mi
Cape Coral Hospital
Beach
8.4 mi
Fort Myers Beach
Airport
6.4 mi
Page Field (Fort Myers)
Shopping
5.5 mi
Coralwood / Merchants Crossing (Cape)

Straight-line distances to major SWFL amenities, approximate; actual drive times vary.

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Listing information is provided in part by the Florida Gulf Coast Multiple Listing Service (MLS) through its Broker Reciprocity / Internet Data Exchange (IDX) program. Properties displayed may be listed by brokerages other than SWFL Relocation Team. Data is deemed reliable but is not guaranteed accurate by the MLS or this brokerage and should be independently verified. Fees, flood zones, taxes, square footage, and school assignments are estimates from the feed and must be confirmed. © 2026 SWFL Relocation Team. All rights reserved.