2 Bed 2 Bath Waterfront Condominium for Sale in HORIZON BAY CONDO, FL
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SoldMLS# 225070796

$256,999

2 Bed 2 Bath Waterfront Condominium for Sale in HORIZON BAY CONDO, FL

408 Tudor Drive 1C, Cape Coral, FL, 33904

2 beds2 baths1,389 sqft
GatedBoatingCommunity PoolWaterfront

About this home

CAPE CORAL CONDO COMES WITH A BRAND NEW BOAT SLIP - FULLY RENOVATED - NO ASSESSMENT - WATERFRONT - DIRECT GULF ACCESS -LARGE WATER VIEW! This beautifully remodeled 2BR/2BA condo offers 1,389 SF of modern living with sweeping views of the Bimini Basin. Designed for comfort and style, the open-concept floor plan is filled with natural light and features a spacious kitchen with stainless steel appliances, granite countertops, breakfast bar and ample storage—perfect for entertaining. Both bedrooms are generously sized with large closets, while the updated bathrooms showcase elegant finishes. Additional conveniences include in-unit laundry and extra storage. Step outside and enjoy the community pool just steps away, or head to your private boat slip with direct Gulf access for endless days on the water. Perfectly located minutes from downtown Cape Coral, the upcoming Bimini Square, and the Yacht Club with beach and pier (under renovation), this home delivers the ideal balance of modern living and the ultimate boating lifestyle. Wake up to sunrises over the water, relax with unobstructed views, and make every day feel like a vacation in paradise! THIS PROPERTY QUALIFIES FOR A 1% LENDER INCENTIVE IF USING PREFERRED LENDER, INQUIRE FOR MORE DETAILS**

Property details

Type
Condominium
Year built
1979
Interior
1,389 sqft
Lot size
8,899.308 sqft
Acreage
0.20 acres
Garage
None
Days on market
167
Total association fees
$8,776/yr (~$731/mo)
CDD
None
Est. taxes (1.4%)
$3,598/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
Impact Windows/Doors
Exposure
East
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

AssociationManagementInsuranceIrrigationWaterLegalAccountingMaintenanceGroundsPestControlTrash

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

Amenities

BoatDockBoatRampPierPoolManagement

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
$185/sqft
Comp median
$176/sqft
Difference
+5%

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
408 Tudor Drive 1AJun 2026$220,0002/21,389$158
4924 Tudor Drive 203Dec 2025$245,0002/21,307$187
610 Victoria Drive 101CMar 2026$255,0002/21,504$170
331 SE 47th StreetNov 2025$260,0003/21,427$182
Average4 comps$245,000$174

Market trends — Cape Coral

Median list
$399,999
Median $/sqft
$234
Median sold (90d)
$384,900
Avg days on market
93
Active listings
2,525
Median sold price · Cape Coral
$382,000last 3 months7% vs $356,900 prior 3 months
Median closed price by month · Cape Coral
2.6% MoM11.3% YoY
$340k$368k$395kJul ’25Jul ’26
$395,000Jul ’26 · 314 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 $69,000 (23.9%) from the original list price.

Apr 17, 2026Sold$220,000
Feb 12, 2026Price reducedfrom $265,000$256,999
Jan 10, 2026Back on market
Sep 18, 2025Listed$289,000

The good, the trade-offs & the location

Pros
  • Waterfront
  • Storm protection: Impact Windows/Doors
Consider
  • Built 1979 — 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
Location convenienceHigh
Hospital
5.3 mi
Cape Coral Hospital
Beach
7.5 mi
Fort Myers Beach
Airport
6.6 mi
Page Field (Fort Myers)
Shopping
5.9 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.