$174,900
2 Bed 2 Bath Waterfront Condominium for Sale in BARUNA BAY CONDO, FL
4708 SW 8th Place 106, Cape Coral, FL, 33914
About this home
Discover your slice of paradise in this beautifully renovated 1st floor, 2-bedroom, 2-bathroom condo nestled in the desirable southwest area of Cape Coral. Offering 1,046 square feet of thoughtfully designed living space, this residence combines comfort with Florida's signature coastal charm. Recently updated throughout along with having a brand new AC system installed September '25, this home showcases modern finishes while maintaining its welcoming atmosphere. The kitchen features contemporary appointments that will please the chef of the family. Both bedrooms provide ample space, with the primary bedroom offering a private retreat after a day of Florida adventures. One of the most captivating features is the western rear exposure, providing spectacular sunset views down the canal each evening—imagine unwinding on your lanai or at the pool with a refreshing beverage as vibrant oranges and pinks paint the sky and reflect on the gentle waters. This building recently received a new roof in 2023 and weathered recent storms admirably with no damage to the unit. Peace of mind continues with the knowledge that this property is not located in a special flood hazard area—a significant advantage in coastal Florida living. Boating enthusiasts will appreciate the Gulf access, opening a world of nautical possibilities directly from your doorstep. The location offers incredible convenience, situated close to both Cape Harbour and Tarpon Point Marina—two of Cape Coral's premier destinations for dining, shopping, and entertainment. The community itself fosters a wonderful social atmosphere, with residents often gathering for an unofficial happy hour at the gazebo by the pool most days between 3-5 pm. It's the perfect way to build connections while enjoying Florida's beautiful weather. For investment-minded buyers, the flexible leasing terms allow owners to generate rental income when not using the property themselves, making this an opportunity that combines lifestyle with potential returns. The surrounding neighborhood provides the ideal blend of tranquility and accessibility. Enjoy morning walks through friendly streets before heading to nearby attractions or spending the day on the water. Everything that makes Southwest Florida living so desirable is within easy reach. This freshly renovated condo offers the Florida lifestyle you've been dreaming of—combining modern comforts, water access, and a vibrant community in one of Cape Coral's most sought-after areas. Whether as your permanent residence, seasonal getaway, or investment property, this home presents an exceptional opportunity to embrace the sunshine state's unique coastal lifestyle. Schedule your viewing today and imagine yourself watching those magnificent Gulf Coast sunsets from what could soon be your very own piece of Florida paradise.
Property details
- Type
- Condominium
- Year built
- 1986
- Interior
- 1,046 sqft
- Lot size
- 4,935.348 sqft
- Acreage
- 0.11 acres
- Garage
- None
- Days on market
- 234
- Total association fees
- $6,840/yr (~$570/mo)
- CDD
- None
- Est. taxes (1.4%)
- $2,449/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- None listed
- Exposure
- West
- 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
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 4 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 |
|---|---|---|---|---|---|
| 4708 SW 8th Place 103 | Apr 2026 | $175,000 | 2/2 | 1,046 | $167 |
| 1010 SW 48th Terrace 102 | Jan 2026 | $175,000 | 2/2 | 1,166 | $150 |
| 1413 SW 51st Lane 31 | Oct 2025 | $160,000 | 2/2 | 953 | $168 |
| 1433 SW 51st Lane 99 | Oct 2025 | $153,500 | 2/2 | 953 | $161 |
| Average | 4 comps | $165,875 | $162 |
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.
Price & status history
Down $34,900 (17.5%) from the original list price.
| Dec 10, 2025 | Sold | $165,000 |
| Oct 24, 2025 | Price reducedfrom $179,900 | $174,900 |
| Mar 28, 2025 | Listed | $199,900 |
The good, the trade-offs & the location
- Gulf access (Direct — no bridges)
- Built 1986 — 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
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.