2 Bed Waterfront Home for Sale in Mark I
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SoldMLS# 2025023834

$145,000

2 Bed Waterfront Home for Sale in Mark I

3901 Del Prado Boulevard 202, Cape Coral, FL, 33904

2 beds2 baths870 sqft
BoatingClubhouseCommunity PoolWaterfront

About this home

The perfect 2-bedroom, 2-bath second-floor unit offering premier Gulf-access waterfront living in the heart of Cape Coral. NOT IN A FLOOD ZONE. This highly desirable community provides DIRECT SAILBOAT ACCESS with no bridges, ideal for boaters seeking quick access to open water. New roof installed in 2022 provides peace of mind, with approximately 17 years remaining on the warranty. BOAT SLIPS are available for just an UNBELIEVABLE $100 PER YEAR, and owners may install a lift (up to a 30-foot boat / 4-foot draft) with association approval. Please reference association boat rules for details. The seawall was fully updated in 2018, and the new community paver patio with dock lighting offers stunning waterfront views overlooking the canal. The grounds are beautifully maintained and include a large pool, clubhouse, and BBQ area—perfect for entertaining guests. HAVE FUN ON THEC WATER! There are several kayaks near the waterfront for residents use. THIS CONDO IS FULLY FURNISHED IN A TASTEFUL STYLE, SQUEAKY CLEAN AND IN ABSOLUTE MOVE IN CONDITION. Features covered parking, a private exterior storage closet, and full size laundry in residence. Plenty of additional guest parking is available. Outstanding, convenient location on Del Prado near Cape Coral Pkwy, minutes to Fort Myers Bridges, Fort Myers Beach and close to Sanibel Island, offering ideal proximity to downtown Cape Coral shopping, dining, entertainment, and major travel routes including I-75 and nearby airports. Community rules: Not 55+, No Pets, and a two-year ownership period required before leasing. Move-in ready and truly a gulf access bargain—don’t miss this opportunity for exceptional gulf access waterfront living.

Property details

Type
Condominium
Year built
1973
Interior
870 sqft
Lot size
Not specified
Acreage
Not specified
Garage
None
Days on market
22
Total association fees
$5,748/yr (~$479/mo)
CDD
None
Est. taxes (1.4%)
$2,030/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
Assessment Paid
Sewer
Assessment Paid
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

InsuranceLaundryLegalAccountingMaintenanceGroundsPestControlSewerTrashWater

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

Amenities

BoatDockBoatRampClubhouseLaundryBarbecuePicnicAreaPoolBoatSlipManagement

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
$167/sqft
Comp median
$152/sqft
Difference
+10%

Based on the $/sqft of 3 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.

AddressSoldSold priceBeds/BathsSq ft$/sqft
3901 Del Prado Boulevard 203Mar 2026$132,5002/2870$152
4217 SE 19th Avenue 110Feb 2026$145,0002/2958$151
1011 SE 38th Terrace 2213Apr 2026$142,0002/2917$155
Average3 comps$139,833$153

Market trends, Cape Coral

Median list
$399,900
Median $/sqft
$233
Median sold (90d)
$389,000
Avg days on market
95
Active listings
2,498
Median sold price · Cape Coral
$389,000last 3 months8.7% vs $358,000 prior 3 months
Median closed price by month · Cape Coral
7.8% MoM19% YoY
$340k$381k$423kJul ’25Aug ’26
$422,500Aug ’26 · 134 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 $8,000 (5.5%) from the original list price.

Jan 20, 2026Sold$137,000
Dec 10, 2025Listed$145,000

The good, the trade-offs & the location

Pros
  • Lower flood risk (zone X)
  • Waterfront
Consider
  • Built 1973 — pre-2002 construction may carry older wind codes and higher insurance
  • No garage listed
Location convenienceHigh
Hospital
3.7 mi
Cape Coral Hospital
Beach
8.8 mi
Fort Myers Beach
Airport
4.9 mi
Page Field (Fort Myers)
Shopping
4.7 mi
Edison Mall (Fort Myers)

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.