$126,000
2 Bed Condominium for Sale in Cape Coral, FL, $126,000
1111 SE 8th Terrace 3B, Cape Coral, FL, 33990
About this home
Welcome to this beautifully updated and budget-friendly 2-bedroom, 2-bathroom condo offering low-maintenance living in the heart of Fort Myers, Florida. Perfect for first-time homebuyers, investors, or looking to downsize, this single-story unit combines modern upgrades with comfort, style, and unbeatable value. Step into a bright and open living space featuring stylish tile flooring throughout the main areas. With sleek cabinetry and ample counter space — ideal for both everyday living and entertaining. Enjoy the convenience of in-unit laundry. Home has been Located in a welcoming, well-maintained community, residents enjoy access to a sparkling community pool, perfect for relaxing and enjoying the sunny Florida lifestyle. With low HOA fees, this condo offers affordability without sacrificing quality. Whether you're looking to downsize, invest, or find your perfect seasonal retreat, this condo checks all the boxes. Close to shopping, dining, beaches, and major highways, you’ll love the convenience and charm this location provides. New windows are being installed.
Property details
- Type
- Condominium
- Year built
- 1983
- Interior
- 895 sqft
- Lot size
- 6,054.84 sqft
- Acreage
- 0.14 acres
- Garage
- None
- Days on market
- 101
- Total association fees
- $4,704/yr (~$392/mo)
- CDD
- None
- Est. taxes (1.4%)
- $1,764/yr
- Flood zone (area est.)
- No · Low risk (X)
- Storm protection
- None listed
- Exposure
- East
- Waterfront
- No
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- No
- Spa
- No
- Natural gas
- No
- Water
- Public
- Sewer
- Public Sewer
- 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 8 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 |
|---|---|---|---|---|---|
| 711 SE 12th Avenue 135 | Mar 2026 | $155,000 | 2/2 | 982 | $158 |
| 1223 SE 8th Street 48 | Dec 2025 | $146,000 | 2/2 | 982 | $149 |
| 716 SE 12th Court 31 | Sep 2025 | $150,000 | 2/2 | 982 | $153 |
| 1004 SE 8th Street 107 | May 2026 | $100,000 | 2/2 | 915 | $109 |
| 628 SE 12th Court 37 | Jan 2026 | $137,000 | 2/2 | 982 | $140 |
| 642 SE 13th Place 5 | Apr 2026 | $125,000 | 2/2 | 996 | $126 |
| Average | 6 comps | $135,500 | $139 |
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 $21,000 (15%) from the original list price.
| Nov 3, 2025 | Sold | $119,000 |
| Sep 11, 2025 | Price reducedfrom $140,000 | $126,000 |
| Jul 8, 2025 | Listed | $140,000 |
The good, the trade-offs & the location
- Lower flood risk (zone X)
- Built 1983 — pre-2002 construction may carry older wind codes and higher insurance
- 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.