2 Bed Condominium for Sale in Capeway Condo
1 / 27
▶ View Virtual Tour
For SaleMLS# 224080522

$119,000

2 Bed Condominium for Sale in Capeway Condo

4906 Victoria Drive 413, Cape Coral, FL, 33904

2 beds2 baths917 sqft
GatedClubhouseCommunity Pool55+

About this home

Top-floor PENTHOUSE unit with elevator access, offering ultimate privacy—no neighbors above for peaceful living! This TOTALLY UPDATED fourth-floor condo is a true gem. The gorgeous kitchen features wood raised-panel cabinets with pull-out drawers, stainless steel appliances (including a Bosch dishwasher and double oven), plus granite countertops and backsplash. A breakfast bar and dining area sit just off the kitchen, leading to a spacious great room with stunning cityscape views. Both bathrooms have been beautifully updated with granite countertops, raised-panel wood cabinets, and new fixtures, including toilets and shower doors. TURNKEY ready! Additional features include a new A/C with UV (installed in 2018), new water heater (installed in 09/2024), a water purifier in the kitchen, RING doorbell, digital thermostat, and hurricane windows on the lanai. The building has been recently upgraded with a new roof and gutters in 2023. Located in the heart of Cape Coral's downtown, you can easily walk or bike to the Yacht Club, beach, restaurants, and shopping. This is a 55+ community perfect for seasonal stays, vacation getaways, or year-round living. One assigned parking spot is included, with additional guest parking available. Enjoy a large, well-maintained pool and one of the lowest HOA fees in Cape Coral at just $620 a month, including water and sewer. Sorry, no pets. Don’t miss your chance for easy, elegant living in the heart of Cape Coral!

Property details

Type
Condominium
Year built
1974
Interior
917 sqft
Lot size
13,795.452 sqft
Acreage
0.32 acres
Garage
None
Days on market
632
Total association fees
$6,264/yr (~$522/mo)
CDD
None
Est. taxes (1.4%)
$1,666/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
None listed
Exposure
West
Waterfront
No
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
Not specified
Sewer
Assessment Paid
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

AssociationManagementCableTvInternetLaundryLegalAccountingMaintenanceGroundsMaintenanceStructurePestControlReserveFundRoadMaintenanceSewerStreetLightsTrash

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

Amenities

BikeStorageClubhouseLaundryBarbecuePicnicAreaPoolStorageManagement

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
$130/sqft
Comp median
$129/sqft
Difference
+1%

Based on the $/sqft of 3 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.

Seeing several homes? Build a tour and we'll route it for you.

Your notes on this home

Keep private notes on this home, what you love, what to ask about, saved to your account and shared with your agent.

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
815 Victoria Drive 207Sep 2025$135,0002/2782$173
4931 Vincennes Court 9Dec 2025$105,0002/2818$128
879 SE 46th Lane 8Apr 2026$113,0001/1874$129
Average3 comps$117,667$143

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 $81,000 (40.5%) from the original list price.

Jul 9, 2026Price reducedfrom $129,000$119,000
Oct 15, 2024Listed$200,000

The good, the trade-offs & the location

Consider
  • Built 1974 — 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
Location convenienceHigh
Hospital
4.9 mi
HealthPark Medical Center
Beach
7.4 mi
Fort Myers Beach
Airport
6 mi
Page Field (Fort Myers)
Shopping
5.3 mi
Bell Tower Shops

Straight-line distances to major SWFL amenities, approximate; actual drive times vary.

Loading map…

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.