2 Bed Condominium for Sale in Cape Coral
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For SaleMLS# 2026024586

$129,900

2 Bed Condominium for Sale in Cape Coral

1303 SW 16th Terrace 202, Cape Coral, FL, 33991

2 beds2 baths1,159 sqft
GatedCommunity Pool

About this home

Welcome to this 2 bedroom, 2 bathroom, 2nd floor, unit in the Parside Condo Association with a Community Pool, car port, and plenty of storage. Very well maintained unit and building centrally located in SW Cape Coral close to all amenities. This unit has been re-plumbed, has a new A/C system, newer Hot water heater, and the building has a new roof and new decking as well. Don't miss this one !!

Property details

Type
Condominium
Year built
1983
Interior
1,159 sqft
Lot size
4,713.192 sqft
Acreage
0.11 acres
Garage
None
Days on market
37
Total association fees
$5,400/yr (~$450/mo)
CDD
None
Est. taxes (1.4%)
$1,819/yr
Flood zone (area est.)
No · Low risk (X)
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
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

RecreationFacilities

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.

Not yet ratedNot enough comparable sales nearby to rate this home's price yet.

We rate a home against recently SOLD homes within ~1 mile that match on size, beds/baths, and age. This home doesn't have enough close comparables in the last 12 months for a reliable read, ask Rick for a personalized CMA.

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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
1407 SW 16th Terrace 201Mar 2026$160,0003/21,186$135
Average1 comps$160,000$135

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 $20,000 (13.3%) from the original list price.

Jul 10, 2026Price reducedfrom $139,900$129,900
Jun 3, 2026Listed$149,900

The good, the trade-offs & the location

Pros
  • Lower flood risk (zone X)
Consider
  • Built 1983 — pre-2002 construction may carry older wind codes and higher insurance
  • No garage listed
Location convenienceHigh
Hospital
3.6 mi
Cape Coral Hospital
Beach
12.2 mi
Fort Myers Beach
Airport
8.9 mi
Page Field (Fort Myers)
Shopping
4.3 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.