$175,000
2 Bed Condominium for Sale in Fairway Villas
4015 Palm Tree Boulevard 202, Cape Coral, FL, 33904
About this home
Welcome to this well-maintained, move in ready, updated 2-bedroom, 2-bathroom condo with a versatile den and nearly 1,200 sq. ft. of living space. Located on the second floor with convenient elevator access, this condo features newer vinyl flooring throughout—no carpet anywhere! The living and dining areas are bright and inviting, with four windows in the dining area and a sliding glass door in the living room bringing in plenty of natural light. The spacious primary suite offers plenty of room and features a large walk-in closet. The primary bathroom has a shower, while the guest bathroom offers a tub. The kitchen features granite countertops and stainless-steel appliances. Enjoy the convenience of having the washer and dryer right inside the residence, and both will stay with the condo for the buyer’s convenience. Another great bonus is the additional private storage closet located directly across from the unit’s front door—an excellent extra storage space! The screened-in lanai is a particularly peaceful spot to relax and enjoy your morning coffee or unwind at the end of the day. It overlooks a currently preserved area, providing a quiet, private-feeling setting with no buildings directly in your view. The lanai is also equipped with roll-down shutters for added protection. Banyan Trace is a well-maintained, amenity-rich gated community offering a heated resort-style pool, hot tubs, pickleball and tennis courts, bocce ball, fitness center, clubhouse and walking paths. One of the many benefits of condo living is that both exterior hazard and flood insurance for the building are included in the HOA fees, providing added convenience and peace of mind for the owner. The location provides easy access to downtown Cape Coral’s restaurants, shopping and entertainment. HOA fees include cable, internet, water, sewer, exterior and interior pest control, and building insurance. The building roof was replaced a couple of years ago, adding additional peace of mind for the new owner. An assigned covered parking space and exterior storage are also included. Whether you're looking for a full-time residence, seasonal retreat, or investment opportunity, this condo offers a comfortable, convenient and low-maintenance Florida lifestyle in a great location. The property is currently unfurnished. Some pictures are virtually staged for illustrative purposes only to help visualize the space.
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
- 0
- Total association fees
- $8,596/yr (~$716/mo)
- CDD
- None
- Est. taxes (1.4%)
- $2,450/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
- 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
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 5 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 |
|---|---|---|---|---|---|
| 4017 Palm Tree Boulevard 403 | Jun 2026 | $150,000 | 2/2 | 1,162 | $129 |
| 4017 Palm Tree Boulevard 308 | Sep 2025 | $183,000 | 2/2 | 1,162 | $157 |
| 4011 Palm Tree Boulevard 306 | Oct 2025 | $170,000 | 2/2 | 1,150 | $148 |
| 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 | 5 comps | $175,600 | $148 |
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
- Built 2003 — post-2002 Florida wind codes (typically lower insurance)
- In a higher-risk flood zone (AE) — flood insurance likely required
- No garage listed
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.