$190,000
2 Bed Condominium for Sale in Fairway Villas, FL, $190,000
4011 Palm Tree Boulevard 306, Cape Coral, FL, 33904
About this home
This condo has been pristinely cared for by the original owner! It is absolutely move-in ready and being sold turnkey. Situated in the gated community of Banyan Trace and a highly desired South Cape Coral location. You will find a spacious floor plan with a greatroom design and light and bright kitchen with an eat-in dining area as well as a breakfast bar. Plenty of seating for entertaining. The large primary bedroom has access to the screened lanai with an expansive landscaped view. The laundry room accommodates a full-size washer and dryer with extra room for storage. There is also an exterior storage room. Community offers a heated pool and two spa areas, tennis/pickleball courts, bocce ball courts, a fitness room, club house, cabana, picnic areas and lots of sidewalks and walking paths for residents. The decor is light and bright and captures the Florida lifestyle. Condo association is fully funded with reserves.
Property details
- Type
- Condominium
- Year built
- 2004
- Interior
- 1,150 sqft
- Lot size
- 11,308.176 sqft
- Acreage
- 0.26 acres
- Garage
- None
- Days on market
- 8
- Total association fees
- $8,512/yr (~$709/mo)
- CDD
- None
- Est. taxes (1.4%)
- $2,660/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- None listed
- Exposure
- South
- 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
- 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
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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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 |
|---|---|---|---|---|---|
| 4017 Palm Tree Boulevard 102 | Aug 2025 | $163,000 | 2/2 | 1,198 | $136 |
| 4017 Palm Tree Boulevard 308 | Sep 2025 | $183,000 | 2/2 | 1,162 | $157 |
| 4005 Palm Tree Boulevard 307 | Apr 2026 | $185,000 | 2/2 | 1,216 | $152 |
| 4005 Palm Tree Boulevard 407 | Apr 2026 | $190,000 | 2/2 | 1,216 | $156 |
| Average | 4 comps | $180,250 | $150 |
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 $20,000 (10.5%) from the original list price.
| Oct 27, 2025 | Sold | $170,000 |
| Sep 7, 2025 | Listed | $190,000 |
The good, the trade-offs & the location
- Built 2004 — post-2002 Florida wind codes (typically lower 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.