2 Bed Condominium for Sale in Cape Coral
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For SaleMLS# 2026011699

$123,000

2 Bed Condominium for Sale in Cape Coral

423 Cape Coral Parkway 203 (207), Cape Coral, FL, 33914

2 beds2 baths840 sqft
GatedCommunity Pool

About this home

Welcome to your new home in Cape Coral! This cozy condo offers the perfect blend of comfort and style with 2 bedrooms, 2 bathrooms, and a large living dining area. Many updates, freshly painted, remodeled kitchen has quartz countertops, and plenty of storage space. The master bathroom has a new vanity. There is a washer and dryer in the home. Outside, you'll find a community pool where you can soak up the Florida sun and socialize with neighbors. Located near downtown Cape Coral, you'll have easy access to a variety of shops, restaurants, and entertainment options. Whether you're looking for a peaceful retreat or a vibrant urban lifestyle, this condo has it all. Don't miss out on the opportunity to make this your new home sweet home in Cape Coral. Schedule a showing today and start living the Florida dream

Property details

Type
Condominium
Year built
1985
Interior
840 sqft
Lot size
3,580.632 sqft
Acreage
0.08 acres
Garage
None
Days on market
96
Total association fees
$6,900/yr (~$575/mo)
CDD
None
Est. taxes (1.4%)
$1,722/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

InsuranceMaintenanceGroundsPestControlRecreationFacilitiesReserveFund

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

Amenities

PoolManagement

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
$146/sqft
Comp median
$143/sqft
Difference
+2%

Based on the $/sqft of 20 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
4513 SW 8th Court 109Jun 2026$94,5001/1753$125
1428 SW 50th Street 117Feb 2026$145,0002/21,019$142
1417 SW 51st Lane 36Aug 2026$139,0002/2953$146
1433 SW 51st Lane 99Oct 2025$153,5002/2953$161
1518 SW Courtyards Lane 199Mar 2026$120,0002/2953$126
3734 SW 8th Court 101Nov 2025$130,0002/2920$141
Average6 comps$130,333$140

Market trends, Cape Coral

Median list
$399,000
Median $/sqft
$232
Median sold (90d)
$385,000
Avg days on market
94
Active listings
2,481
Median sold price · Cape Coral
$385,000last 3 months7.2% vs $359,000 prior 3 months
Median closed price by month · Cape Coral
1.3% MoM8.4% YoY
$340k$365k$390kJul ’25Aug ’26
$384,750Aug ’26 · 413 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 $7,000 (5.4%) from the original list price.

Apr 13, 2026Price reducedfrom $130,000$123,000
Mar 10, 2026Listed$130,000

The good, the trade-offs & the location

Consider
  • Built 1985 — pre-2002 construction may carry older wind codes and higher insurance
  • In a higher-risk flood zone (AE) — flood insurance likely required
  • No garage listed
Location convenienceHigh
Hospital
5.4 mi
Cape Coral Hospital
Beach
7.9 mi
Fort Myers Beach
Airport
7.7 mi
Page Field (Fort Myers)
Shopping
6.6 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.