2 Bed 2 Bath Condominium for Sale in TERRACE, FL
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SoldMLS# 225045125

$199,500

2 Bed 2 Bath Condominium for Sale in TERRACE, FL

11250 Caravel Circle 101, Fort Myers, FL, 33908

2 beds2 baths1,050 sqft
GatedPickleballTennisBocceFitness CenterClubhouseCommunity Pool

About this home

1st Floor Condo For Ease And Convenience! Unbelievable Price!!! Incredibly beautiful decor! Are you ready for an open and spacious kitchen featuring beautiful wood cabinetry? This is an exceptional 1st floor, lake view condo with welcoming decor, porcelain tile flooring, an enclosed lanai, and more. The home features many updates, includes reserved, covered parking, and is situated in the highly sought after resort community of Cinnamon Cove. "CC" as many residents call it is only a short distance from Fort Myers Beach and Sanibel and features convenient access to the Fort Myers Airport, shopping, and restaurants. Cinnamon Cove features, Pickleball, tennis, shuffleboard, a beautiful clubhouse with pool and hot tub, plus several satellite pools throughout the development. Cinnamon Cove is also an active community with several groups and activities for your enjoyment.

Property details

Type
Condominium
Year built
1987
Interior
1,050 sqft
Lot size
20,751.984 sqft
Acreage
0.48 acres
Garage
None
Days on market
173
Total association fees
$6,624/yr (~$552/mo)
CDD
None
Est. taxes (1.4%)
$2,793/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
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

AssociationManagementIrrigationWaterLegalAccountingMaintenanceGroundsPestControlRoadMaintenanceStreetLightsTrash

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

Amenities

BocceCourtClubhouseFitnessCenterLibraryBarbecueOtherPicnicAreaPickleballPoolShuffleboardCourtSpaHotTubStorageSidewalksTennisCourtsManagement

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
$190/sqft
Comp median
$181/sqft
Difference
+5%

Based on the $/sqft of 18 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
11250 Caravel Circle 302Jul 2026$179,0002/21,050$170
11220 Caravel Circle 202May 2026$180,0002/21,050$171
11220 Caravel Circle 110Jun 2026$184,0002/21,050$175
16521 Bayleaf Lane 64Dec 2025$192,5002/2914$211
11170 Caravel Circle 103Jul 2025$200,0002/21,050$190
11761 Caraway Lane 141May 2026$210,0002/2929$226
Average6 comps$190,917$191

Market trends — Fort Myers

Median list
$324,900
Median $/sqft
$213
Median sold (90d)
$334,000
Avg days on market
97
Active listings
2,591
Median sold price · Fort Myers
$335,000last 3 months3.1% vs $325,000 prior 3 months
Median closed price by month · Fort Myers
2% MoM3.2% YoY
$319k$349k$380kJul ’25Jul ’26
$318,500Jul ’26 · 227 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 $30,450 (13.2%) from the original list price.

Nov 25, 2025Sold$199,500
Aug 4, 2025Price reducedfrom $210,000$199,500
May 8, 2025Listed$229,950

The good, the trade-offs & the location

Consider
  • Built 1987 — 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
4.1 mi
HealthPark Medical Center
Beach
3.3 mi
Fort Myers Beach
Airport
8 mi
Page Field (Fort Myers)
Shopping
6.2 mi
Bell Tower Shops

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.