2 Bed Condominium for Sale in Fairway Villas
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For SaleMLS# 2025020615

$179,900

2 Bed Condominium for Sale in Fairway Villas

4015 Palm Tree Boulevard 102, Cape Coral, FL, 33904

2 beds2 baths1,198 sqft
GatedPickleballTennisBocceFitness CenterClubhouseCommunity Pool

About this home

A SIGNIFICANT PRICE ADJUSTMENT HAS BEEN MADE ON THIS UPDATED FIRST FLOOR CONDO! THIS IS YOUR OPPORTUNITY TO OWN A PIECE OF SW FLORIDA LIVING. THIS TWO BEDROOM, TWO BATH, PLUS DEN OR FLEX ROOM, IS CONVENIENTLY LOCATED ON THE GROUND LEVEL, FIRST FLOOR. RECENT UPDATES HAVE BEEN MADE TO THE KITCHEN AND MASTER BATH, IN ADDITION TO NEW LVP FLOORING THROUGHOUT. KITCHEN INCLUDES QUARTZ COUNTERTOPS, TILED LIGHTED BACKSPLASH, AND A BRAND NEW REFRIGERATOR AND DISHWASHER. MAIN BATH HAS NEWLY TILED WALK IN SHOWER AND NEW SINK. MOST OF THE UNIT WAS RECENTLY PAINTED. LIGHT AND BRIGHT KITCHEN BOASTS VIEWS OF WIDE OPEN SPACES, AS THE PROPERTY SITS ON THE BORDER OF THE OLD CAPE CORAL GOLF COURSE. THIS IS ONE OF CAPE CORAL'S LARGEST OPEN SPACES, FULL OF WALKING AND BIKING TRAILS. THE FUTURE OF THE WIDE OPEN SPACE IS UNDETERMINED, BUT THERE ARE MANY POSSIBILITES. THE SCREENED IN LANAI IS VERY QUIET AND PEACEFUL, LOOKING OVER THE CURRENTLY PRESERVED AREA. THERE IS A LARGE, ASSIGNED STORAGE UNIT OUTSIDE OF THE FRONT DOOR IN THE HALLWAY. THIS ADDITIONAL STORAGE UNIT HAS SHELVING, AND ENOUGH SPACE FOR CHAIRS, COOLERS, BIKES, OR WHATEVER YOUR HEART DESIRES TO STORE! THERE IS AN ASSIGNED COVERED PARKING SPACE RIGHT IN FRONT OF THE UNIT. THIS GATED COMMUNITY HAS MANY RESORT-STYLE AMENITIES, INCLUDING TWO POOLS, A SPA, TENNIS AND PICKLEBALL COURTS, BOCCE BALL COURT, COMMUNITY CENTER, AND AN EXERCISE ROOM. CONVENIENTLY LOCATED IN THE HEART OF THE CITY, CLOSE TO DOWNTOWN, WATERFRONT PARKS, UNLIMITED DINING OPTIONS, AND EASY ACCESS TO THE BRIDGES TO FORT MYERS AND THE BEACHES. EXPLORE THIS HIDDEN GEM, AND MAKE IT YOURS TODAY!

Property details

Type
Condominium
Year built
2003
Interior
1,198 sqft
Lot size
11,308.176 sqft
Acreage
0.26 acres
Garage
None
Days on market
253
Total association fees
$8,504/yr (~$709/mo)
CDD
None
Est. taxes (1.4%)
$2,519/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
None listed
Exposure
Northeast
Waterfront
No
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
Assessment Paid
Sewer
Assessment Paid
New construction
No
Pets
Call, Conditional
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

AssociationManagementCableTvInsuranceInternetIrrigationWaterPestControlReserveFundRoadMaintenanceStreetLightsSecurityTrashWater

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

Amenities

BocceCourtBikeStorageCabanaClubhouseFitnessCenterBarbecuePicnicAreaPickleballPoolSpaHotTubStorageTennisCourtsTrailsManagement

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
$150/sqft
Comp median
$154/sqft
Difference
-3%

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

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Your notes on this home

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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
4017 Palm Tree Boulevard 308Sep 2025$183,0002/21,162$157
4011 Palm Tree Boulevard 306Oct 2025$170,0002/21,150$148
4005 Palm Tree Boulevard 407Apr 2026$190,0002/21,216$156
4005 Palm Tree Boulevard 307Apr 2026$185,0002/21,216$152
Average4 comps$182,000$153

Market trends, Cape Coral

Median list
$399,000
Median $/sqft
$233
Median sold (90d)
$385,000
Avg days on market
94
Active listings
2,460
Median sold price · Cape Coral
$385,000last 3 months7.2% vs $359,000 prior 3 months
Median closed price by month · Cape Coral
2.6% MoM7% YoY
$340k$365k$390kJul ’25Aug ’26
$380,000Aug ’26 · 444 sales

Median of closed MLS sales each month over the available window. Months with too few sales are omitted; the range extends automatically as more sales close.

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

Price & status history

Down $40,000 (18.2%) from the original list price.

Aug 29, 2026Back on market
Jun 25, 2026Price reducedfrom $193,500$179,900
Nov 15, 2025Listed$219,900

The good, the trade-offs & the location

Pros
  • Built 2003 — post-2002 Florida wind codes (typically lower insurance)
Consider
  • In a higher-risk flood zone (AE) — flood insurance likely required
  • No garage listed
Location convenienceHigh
Hospital
4 mi
Cape Coral Hospital
Beach
8.7 mi
Fort Myers Beach
Airport
6.2 mi
Page Field (Fort Myers)
Shopping
5.2 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.