2 Bed Pool Home for Sale in Banyan Trace, FL, $199,500
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SoldMLS# 2026000103

$199,500

2 Bed Pool Home for Sale in Banyan Trace, FL, $199,500

4005 Palm Tree Boulevard 407, Cape Coral, FL, 33904

2 beds2 baths1,216 sqft
GatedTennisBocceFitness CenterClubhouseCommunity Pool

About this home

Enjoy breathtaking views from this 4th-floor, top-floor condo featuring one of the largest floor plans in the community. As you step into the living area, you’ll immediately appreciate the openness created by the high vaulted ceilings and spacious layout. The resort-style pool area is a true retreat, featuring a large heated pool ideal for swimming or relaxing and socializing with neighbors. Tennis courts are also available for your enjoyment. The primary bedroom easily accommodates a king-size bed and additional furnishings, and offers two closets along with a spacious walk-in shower. The guest bedroom is perfectly sized for overnight visitors, with the guest bathroom conveniently located just outside the room. This unit is fully turnkey and includes a washer and dryer. Recent updates include a new roof and impact windows. Covered parking and additional storage are included. The gated community provides added peace of mind, and all assessments have already been paid by the owner. Come experience the stunning views and lifestyle this beautiful condo has to offer.

Property details

Type
Condominium
Year built
2002
Interior
1,216 sqft
Lot size
Not specified
Acreage
Not specified
Garage
None
Days on market
61
Total association fees
$9,096/yr (~$758/mo)
CDD
None
Est. taxes (1.4%)
$2,793/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
Impact Windows/Doors
Exposure
East
Waterfront
No
Gulf access
No
Gulf access type
N/A
Pool
Yes
Spa
Yes
Natural gas
No
Water
Assessment Paid
Sewer
Assessment Paid
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

AssociationManagementCableTvInsuranceInternetIrrigationWaterMaintenanceGroundsPestControlReserveFundRoadMaintenanceSewerStreetLightsTrashWater

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

Amenities

BocceCourtClubhouseFitnessCenterParkPoolRacquetballSpaHotTubStorageTennisCourtsManagement

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
$164/sqft
Comp median
$152/sqft
Difference
+8%

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
4005 Palm Tree Boulevard 307Apr 2026$185,0002/21,216$152
4017 Palm Tree Boulevard 308Sep 2025$183,0002/21,162$157
4017 Palm Tree Boulevard 110Sep 2025$212,0002/21,391$152
4011 Palm Tree Boulevard 306Oct 2025$170,0002/21,150$148
Average4 comps$187,500$152

Price & status history

Down $9,500 (4.8%) from the original list price.

Apr 8, 2026Sold$190,000
Jan 1, 2026Listed$199,500

The good, the trade-offs & the location

Pros
  • Built 2002 — post-2002 Florida wind codes (typically lower insurance)
  • Private pool
  • Storm protection: Impact Windows/Doors
Consider
  • In a higher-risk flood zone (AE) — flood insurance likely required
  • No garage listed
  • Higher association fees (~$9,096/yr)
Location convenienceHigh
Hospital
4.1 mi
Cape Coral Hospital
Beach
8.7 mi
Fort Myers Beach
Airport
6.3 mi
Page Field (Fort Myers)
Shopping
5.3 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.