2 Bed Waterfront Home for Sale in Cape Coral, FL, $123,900
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SoldMLS# 225055943

$123,900

2 Bed Waterfront Home for Sale in Cape Coral, FL, $123,900

642 SE 13th Place 5, Cape Coral, FL, 33990

2 beds2 baths996 sqft
GatedCommunity Pool55+BoatingWaterfront

About this home

Outstanding Price Improvement! This charming 2-bedroom, 2-bathroom waterfront condo in the desirable 55+ Normarc Condo community. Situated on the second floor as an end unit, it offers more Natural Sunlight and Gorgeous Water Views. Step onto the Screened Lanai to Stunning sunsets over the water. Inside, you'll find a Great Room Floor Plan with a Breakfast Bar and Split Bedrooms for added privacy. Recent upgrades include newer PEX plumbing and durable laminate flooring, making this home move-in ready. Conveniently located just minutes from shopping, dining, and Cape Coral Hospital, this community also offers easy access to Fort Myers Beach, Sanibel, and two major airports—RSW (Fort Myers) and PGD (Punta Gorda)—all within a 40-minute drive. Embrace the Florida lifestyle with this stunning waterfront retreat!

Property details

Type
Condominium
Year built
1991
Interior
996 sqft
Lot size
4,068.504 sqft
Acreage
0.09 acres
Garage
None
Days on market
277
Total association fees
$4,200/yr (~$350/mo)
CDD
None
Est. taxes (1.4%)
$1,735/yr
Flood zone (area est.)
No · Low risk (X)
Storm protection
None listed
Exposure
West
Waterfront
Yes
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
Public
Sewer
Public Sewer
New construction
No
Pets
No
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

InsuranceLegalAccountingMaintenanceGroundsSewerTrashWater

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

Amenities

BarbecuePicnicAreaPoolManagement

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
$124/sqft
Comp median
$133/sqft
Difference
-7%

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
628 SE 12th Court 37Jan 2026$137,0002/2982$140
1111 SE 8th Terrace 3BNov 2025$119,0002/2895$133
215 SE 15th Place 109Feb 2026$140,0002/21,181$119
Average3 comps$132,000$131

Market trends — Cape Coral

Median list
$400,000
Median $/sqft
$234
Median sold (90d)
$385,000
Avg days on market
94
Active listings
2,500
Median sold price · Cape Coral
$385,000last 3 months7.2% vs $359,000 prior 3 months
Median closed price by month · Cape Coral
2.6% MoM11.3% YoY
$340k$368k$395kJul ’25Jul ’26
$395,000Jul ’26 · 373 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 $24,900 (16.6%) from the original list price.

Apr 17, 2026Sold$125,000
Jan 14, 2026Price reducedfrom $124,900$123,900
Jun 13, 2025Listed$149,900

The good, the trade-offs & the location

Pros
  • Lower flood risk (zone X)
  • Waterfront
Consider
  • Built 1991 — pre-2002 construction may carry older wind codes and higher insurance
  • No garage listed
  • 55+ age-restricted community
Location convenienceHigh
Hospital
0.4 mi
Cape Coral Hospital
Beach
12.9 mi
Fort Myers Beach
Airport
6.3 mi
Page Field (Fort Myers)
Shopping
0.9 mi
Coralwood / Merchants Crossing (Cape)

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.