2 Bed Waterfront Home for Sale in Cape Coral, FL, $175,000
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SoldMLS# 225028224

$175,000

2 Bed Waterfront Home for Sale in Cape Coral, FL, $175,000

1827 SE 41st Street 1F, Cape Coral, FL, 33904

2 beds2 baths1,272 sqft
Community PoolBoatingWaterfront

About this home

This spacious first floor condo features an open floor plan with additional space for an office or breakfast nook. Enjoy the waterfront views of the expansive 200-foot canal from the lanai. Unit has IMPACT windows! Exterior sliding doors have been added to the lanai to give the option of creating a "Florida Room". Primary bedroom features a private bath with sliding doors leading to the lanai. Unit is in the process of being remodeled. This ncludes replacing the electric panel. As of August 28th the drywall is going in next week and the process will take 4-6 weeks. This is $60K in equity to the new owner. But, after the work is done the price will reflect its remodeled status. Each unit includes a designated covered parking spot, with guest parking, and a locking utility/storage closet. The community features a heated pool with tanning deck and water views. The common dock area features a fish cutting table with water, kayak racks and a wench lift for launching your kayak or paddle board. New roof was completed in 2024 with new soffits and gutters. This community does allow a pet, cat or dog 20lb or under. One lease per year is allowed with a 90 day minimum.

Property details

Type
Condominium
Year built
1975
Interior
1,272 sqft
Lot size
Not specified
Acreage
Not specified
Garage
None
Days on market
168
Total association fees
$10,000/yr (~$833/mo)
CDD
None
Est. taxes (1.4%)
$2,450/yr
Flood zone (area est.)
No · Low risk (X)
Storm protection
Impact Windows/Doors
Exposure
North
Waterfront
Yes
Gulf access
Yes
Gulf access type
Indirect — bridges/locks
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

AssociationManagementCableTvInsuranceInternetLegalAccountingMaintenanceGroundsPestControlReserveFundSewerTrashWater

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

Amenities

PoolStorageSidewalksManagement

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.

Below marketThis home is priced below comparable recent sales — a potential value.
This home
$138/sqft
Comp median
$157/sqft
Difference
-12%

Based on the $/sqft of 3 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
4012 SE 19th Avenue 103Jul 2026$175,0002/21,117$157
4116 SE 19th Avenue 102Jun 2026$190,0002/21,117$170
1705 Beach Parkway 207Apr 2026$185,0002/21,241$149
Average3 comps$183,333$159

Market trends — Cape Coral

Median list
$399,999
Median $/sqft
$235
Median sold (90d)
$385,000
Avg days on market
95
Active listings
2,498
Median sold price · Cape Coral
$385,000last 3 months6.9% vs $360,000 prior 3 months
Median closed price by month · Cape Coral
2.2% MoM13.4% YoY
$340k$371k$403kJul ’25Aug ’26
$402,500Aug ’26 · 8 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 $20,000 (10.3%) from the original list price.

Oct 15, 2025Sold$175,000
Aug 12, 2025Price reducedfrom $195,000$175,000
Mar 17, 2025Listed$195,000

The good, the trade-offs & the location

Pros
  • Lower flood risk (zone X)
  • Gulf access (Indirect — bridges/locks)
  • Storm protection: Impact Windows/Doors
Consider
  • Built 1975 — pre-2002 construction may carry older wind codes and higher insurance
  • No garage listed
  • Higher association fees (~$10,000/yr)
Location convenienceHigh
Hospital
4 mi
Cape Coral Hospital
Beach
8.6 mi
Fort Myers Beach
Airport
4.6 mi
Page Field (Fort Myers)
Shopping
4.3 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.