$179,900
2 Bed Condominium for Sale in Fairway Villas
4011 Palm Tree Boulevard 205, Cape Coral, FL, 33904
About this home
This is your opportunity to be in highly sought after SE Cape Coral. Whether you are looking for a seasonal retreat, investment or full-time residence, this value-priced condo offers a strong potential in a desirable and gated highly active community. Enjoy a social lifestyle with tennis, pickleball, bike and jogging paths, and a community spa/pool area, all just minutes from shopping, dining and beaches. Spacious condo with a large private storage unit, ideal for bikes, beach gear, and holiday decorations. Enjoy your morning coffee on the screened in balcony overlooking green space! The City of Cape Coral is actively enhancing the area-including plans for urban green space on the former golf course property along Palm Tree Blvd. The Bimini Basin area in South Cape Coral is undergoing a major transformation into one of the city's most exciting waterfront lifestyle destinations. Centered around the basin just off Cape Coral Parkway and near Four Freedoms Park, this area is quickly becoming the heart of a walkable, mixed-use downtown district. Don't miss out on this opportunity to turn this property into your own! This building is a no dog building but ESA dogs are allowed and one is currently living there.
Property details
- Type
- Condominium
- Year built
- 2004
- Interior
- 1,203 sqft
- Lot size
- Not specified
- Acreage
- Not specified
- Garage
- None
- Days on market
- 181
- Total association fees
- $9,428/yr (~$786/mo)
- CDD
- None
- Est. taxes (1.4%)
- $2,519/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- None listed
- Exposure
- North
- 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
What the association dues cover, per the MLS. Confirm the full schedule with the HOA.
Amenities
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.
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.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 4011 Palm Tree Boulevard 306 | Oct 2025 | $170,000 | 2/2 | 1,150 | $148 |
| 4017 Palm Tree Boulevard 308 | Sep 2025 | $183,000 | 2/2 | 1,162 | $157 |
| 4005 Palm Tree Boulevard 407 | Apr 2026 | $190,000 | 2/2 | 1,216 | $156 |
| 4005 Palm Tree Boulevard 307 | Apr 2026 | $185,000 | 2/2 | 1,216 | $152 |
| Average | 4 comps | $182,000 | $153 |
Market trends, Cape Coral
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
Up $4,900 (2.8%) from the original list price.
| May 5, 2026 | Price increasedfrom $182,900 | $179,900 |
| Jan 9, 2026 | Listed | $175,000 |
The good, the trade-offs & the location
- Built 2004 — post-2002 Florida wind codes (typically lower insurance)
- In a higher-risk flood zone (AE) — flood insurance likely required
- No garage listed
- Higher association fees (~$9,428/yr)
Straight-line distances to major SWFL amenities, approximate; actual drive times vary.
Nearby schools
Get more information on their programs, scores, and extracurriculars on each school's page · browse the full schools directory.
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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.