2 Bed Condominium for Sale in Fairway Villas, FL, $190,000
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SoldMLS# 2025008988

$190,000

2 Bed Condominium for Sale in Fairway Villas, FL, $190,000

4011 Palm Tree Boulevard 306, Cape Coral, FL, 33904

2 beds2 baths1,150 sqft
GatedPickleballTennisBocceFitness CenterClubhouseCommunity Pool

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

AssociationManagementCableTvInsuranceInternetLegalAccountingMaintenanceGroundsPestControlRecreationFacilitiesReserveFundRoadMaintenanceSecurityTrashWater

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

Amenities

BocceCourtCabanaClubhouseFitnessCenterBarbecuePicnicAreaPickleballPoolSpaHotTubStorageSidewalksTennisCourtsTrailsManagement

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.

Above marketThis home is priced above comparable recent sales.
This home
$165/sqft
Comp median
$154/sqft
Difference
+7%

Based on the $/sqft of 4 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
4017 Palm Tree Boulevard 102Aug 2025$163,0002/21,198$136
4017 Palm Tree Boulevard 308Sep 2025$183,0002/21,162$157
4005 Palm Tree Boulevard 307Apr 2026$185,0002/21,216$152
4005 Palm Tree Boulevard 407Apr 2026$190,0002/21,216$156
Average4 comps$180,250$150

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 $20,000 (10.5%) from the original list price.

Oct 27, 2025Sold$170,000
Sep 7, 2025Listed$190,000

The good, the trade-offs & the location

Pros
  • Built 2004 — post-2002 Florida wind codes (typically lower insurance)
Consider
  • In a higher-risk flood zone (AE) — flood insurance likely required
  • No garage listed
Location convenienceHigh
Hospital
4 mi
Cape Coral Hospital
Beach
8.7 mi
Fort Myers Beach
Airport
6.1 mi
Page Field (Fort Myers)
Shopping
5.2 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.