$155,000
2 Bed Condominium for Sale in Cape Coral, FL, $155,000
321 Cape Coral Parkway 109, Cape Coral, FL, 33914
About this home
Welcome home to this beautifully updated 55+ end-unit condo centrally located in the heart of Southwest Cape Coral's Pelican neighborhood! A newer A/C and hot water heater ensure comfort and convenience for years to come. New roof completed in August 2024. The updated kitchen features a tray ceiling, SS appliances, granite countertops and ample cabinet space. Both bedrooms are spacious and bright with plenty of natural light pouring in, and the heated community pool is just steps away to relax & soak up that beautiful Florida sun! Is entertainment and shopping important? No worries, you are just minutes away from shops, restaurants, and many entertainment options at nearby Tarpon Point, Cape Harbour and 47th Terrace! No exterior maintenance is required by you as your HOA fee includes lawn/land maintenance, insurance, water, sewer and trash removal and more! ADDED BONUS - Sellers will contribute up to 6 months of prepaid HOA fees at closing with an acceptable offer! Make this condo your new home or winter retreat!
Property details
- Type
- Condominium
- Year built
- 1980
- Interior
- 1,029 sqft
- Lot size
- 10,680.912 sqft
- Acreage
- 0.25 acres
- Garage
- None
- Days on market
- 0
- Total association fees
- $8,700/yr (~$725/mo)
- CDD
- None
- Est. taxes (1.4%)
- $2,170/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- Impact Windows/Doors
- Exposure
- North
- 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
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 6 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.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 232 Cape Coral Parkway 105 | Jul 2026 | $145,000 | 2/2 | 1,078 | $135 |
| 4708 SW 8th Place 106 | Dec 2025 | $165,000 | 2/2 | 1,046 | $158 |
| 4708 SW 8th Place 103 | Apr 2026 | $175,000 | 2/2 | 1,046 | $167 |
| 4803 Triton Court 4 | Oct 2025 | $135,000 | 2/2 | 1,146 | $118 |
| 1005 SW 48th Terrace 8 | Oct 2025 | $143,000 | 2/2 | 1,153 | $124 |
| 1010 SW 48th Terrace 102 | Jan 2026 | $175,000 | 2/2 | 1,166 | $150 |
| Average | 6 comps | $156,333 | $142 |
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.
The good, the trade-offs & the location
- Storm protection: Impact Windows/Doors
- Built 1980 — 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
- 55+ age-restricted community
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.