2 Bed 2 Bath Waterfront Condominium for Sale in MONTE CARLO CONDO, FL
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SoldMLS# 225020757

$169,000

2 Bed 2 Bath Waterfront Condominium for Sale in MONTE CARLO CONDO, FL

232 Cape Coral Parkway 105, Cape Coral, FL, 33904

2 beds2 baths1,078 sqft
GatedBoatingCommunity Pool55+Waterfront

About this home

Motivated Seller! Discover true paradise with this First Floor, Sailboat Gulf access, Waterfront condo! No history of flooding here!!! This unit features hurricane impact windows for added peace of mind. The kitchen has been updated with granite countertops, soft close cabinets, and modern finishes. A newer AC (2020) and new water heater have been installed. Enjoy peaceful waterfront views from the comfort of your own lanai or enjoy it while relaxing by the community pool in this 55+ community. Take advantage of the pier and dock for fishing, boating, or kayaking. Boat dock slips are available on a first come, first serve basis and can accommodate a boat up to 25 feet. This condo also includes an assigned, covered parking spot right outside your door and a separate storage unit for your convenience. Located in the heart of Cape Coral, just minutes away from an array of restaurants, shopping, and entertainment options. Experience Florida living today!

Property details

Type
Condominium
Year built
1984
Interior
1,078 sqft
Lot size
7,866.936 sqft
Acreage
0.18 acres
Garage
None
Days on market
471
Total association fees
$7,320/yr (~$610/mo)
CDD
None
Est. taxes (1.4%)
$2,366/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
Impact Windows/Doors
Exposure
South
Waterfront
Yes
Gulf access
No
Gulf access type
N/A
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

AssociationManagementIrrigationWaterMaintenanceGroundsPestControlRecreationFacilitiesSewerTrashWater

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

Amenities

BoatDockBoatRampBarbecuePicnicAreaPoolManagement

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
$157/sqft
Comp median
$150/sqft
Difference
+5%

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
4525 Country Club Boulevard 110Jan 2026$167,5002/21,195$140
4525 Country Club Boulevard 207Feb 2026$170,0002/21,195$142
4411 Country Club Boulevard A1Mar 2026$185,0002/21,234$150
4549 SE 5th Place 211Feb 2026$185,0002/21,019$182
4534 SE 5th Place 11Jun 2026$162,0002/21,026$158
4510 SE 5th Place 202Jan 2026$190,0002/21,022$186
Average6 comps$176,583$160

Market trends — Cape Coral

Median list
$399,999
Median $/sqft
$234
Median sold (90d)
$384,945
Avg days on market
94
Active listings
2,500
Median sold price · Cape Coral
$384,990last 3 months8.1% vs $356,000 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 $75,000 (34.1%) from the original list price.

Jul 2, 2026Sold$145,000
Mar 25, 2026Price reducedfrom $175,000$169,000
Mar 2, 2026Back on market
Feb 27, 2025Listed$220,000

The good, the trade-offs & the location

Pros
  • Waterfront
  • Storm protection: Impact Windows/Doors
Consider
  • Built 1984 — 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
5.2 mi
Cape Coral Hospital
Beach
7.7 mi
Fort Myers Beach
Airport
6.9 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.