2 Bed 2.5 Bath Waterfront Condominium for Sale in PARKWAY PLACE CONDO, FL
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SoldMLS# 225051115

$275,000

2 Bed 2.5 Bath Waterfront Condominium for Sale in PARKWAY PLACE CONDO, FL

4803 SW Santa Barbara Court 5, Cape Coral, FL, 33914

2 beds2.5 baths1,015 sqft
Community PoolBoatingWaterfront

About this home

Enjoy your PRIVATE BOAT SLIP at this DIRECT GULF ACCESS Condo! This 2-story, 2-bedroom, 2.5-bath condominium features a private boat slip, with no bridges to open water. The Parkway Place Condominium offers a waterfront community pool and a dock with a Tiki Hut for the residents to enjoy, all overlooking the 200' San Carlos canal. Offered TURNKEY, so you can move right in and start living the SW Florida lifestyle! This recently remodeled, open-concept condo features living, dining, and kitchen on the main floor, all leading to the waterfront screen porch with access to the pool and the dock. The updated kitchen features granite countertops, stainless appliances, and lots of cabinets for storage. Upstairs you will find the master bedroom with its ensuite bathroom and screened waterfront balcony. There is also a spacious second bedroom and full bath for guests and loved ones. Experience the SW Florida boating lifestyle with fast boat access to restaurants, beaches, and the Gulf. Whether you're looking for a winter retreat or a year-round residence, don't miss the opportunity to make this waterfront haven your own. Schedule your private showing today!

Property details

Type
Condominium
Year built
1980
Interior
1,015 sqft
Lot size
Not specified
Acreage
Not specified
Garage
None
Days on market
299
Total association fees
$7,800/yr (~$650/mo)
CDD
None
Est. taxes (1.4%)
$3,850/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
Impact Windows/Doors
Exposure
Southeast
Waterfront
Yes
Gulf access
Yes
Gulf access type
Direct — no bridges
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

IrrigationWaterMaintenanceGroundsPestControlStreetLightsTrash

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

Amenities

BarbecuePicnicAreaPierPoolSeeRemarksManagement

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.

Above marketThis home is priced above comparable recent sales.
This home
$271/sqft
Comp median
$216/sqft
Difference
+25%

Based on the $/sqft of 9 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
150 SW 48th TerraceJun 2026$319,9002/21,122$285
147 SW 47th Terrace 1Jul 2026$240,0002/21,169$205
4501 SE 1st AvenueOct 2025$300,0002/21,123$267
4515 Country Club Boulevard 103Mar 2026$225,0002/21,195$188
4616 SE 5th Place 107Dec 2025$210,0002/2976$215
5111 Manor Court 2Jan 2026$245,0002/21,050$233
Average6 comps$256,650$232

Market trends — Cape Coral

Median list
$399,999
Median $/sqft
$234
Median sold (90d)
$384,900
Avg days on market
94
Active listings
2,509
Median sold price · Cape Coral
$382,000last 3 months7% vs $356,900 prior 3 months
Median closed price by month · Cape Coral
2.6% MoM11.3% YoY
$340k$368k$395kJul ’25Jul ’26
$395,000Jul ’26 · 316 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 $50,000 (16.1%) from the original list price.

May 15, 2026Sold$260,000
Dec 23, 2025Price reducedfrom $299,500$275,000
Jun 2, 2025Listed$310,000

The good, the trade-offs & the location

Pros
  • Gulf access (Direct — no bridges)
  • Storm protection: Impact Windows/Doors
Consider
  • 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
Location convenienceHigh
Hospital
5.2 mi
Cape Coral Hospital
Beach
7.7 mi
Fort Myers Beach
Airport
7 mi
Page Field (Fort Myers)
Shopping
6.4 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.