2 Bed Waterfront Home for Sale in Cape Coral
1 / 46
SoldMLS# 226001297

$439,000

2 Bed Waterfront Home for Sale in Cape Coral

5605 SW 12th Avenue 208, Cape Coral, FL, 33914

2 beds1.5 baths1,272 sqft
ClubhouseCommunity Pool55+BoatingWaterfront

About this home

Welcome to this stunningly updated 2-bedroom, 2-bath condo in the sought-after Capstan Condo community in Cape Coral! This waterfront gem offers a modern, open-concept layout with gorgeous finishes, abundant natural light, and breathtaking canal views. The spacious kitchen features granite countertops perfect for cooking and entertaining. Both bedrooms provide ample space and comfort, with the primary suite boasting a walk-in closet and en-suite bath. Step outside to enjoy serene water views from your private screened lanai, ideal for relaxing or entertaining. Boating enthusiasts will love the included boat dock, offering direct access to Cape Coral’s scenic waterways. Residents of Capstan Condo enjoy resort-style amenities, including a heated pool, clubhouse, and more. Located just minutes from shopping, dining, and beautiful Gulf beaches, this condo is a must-see!

Property details

Type
Condominium
Year built
1985
Interior
1,272 sqft
Lot size
7,862.58 sqft
Acreage
0.18 acres
Garage
None
Days on market
47
Total association fees
$8,328/yr (~$694/mo)
CDD
None
Est. taxes (1.4%)
$6,146/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
None listed
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

InsuranceIrrigationWaterMaintenanceGroundsMaintenanceStructurePestControlReserveFundTrashWater

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

Amenities

ClubhousePoolStorageManagement

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
$345/sqft
Comp median
$306/sqft
Difference
+13%

Based on the $/sqft of 10 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.

Seeing several homes? Build a tour and we'll route it for you.

Your notes on this home

Keep private notes on this home, what you love, what to ask about, saved to your account and shared with your agent.

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
5605 SW 12th Avenue 107Sep 2025$335,0002/21,272$263
5515 SW 12th Avenue 102Jan 2026$335,0002/21,272$263
5317 SW 11th PlaceMar 2026$530,0003/21,405$377
5793 Cape Harbour Drive 718Mar 2026$410,0002/21,276$321
5793 Cape Harbour Drive 613Jul 2026$345,0002/21,276$270
5781 Cape Harbour Drive 1106Oct 2025$430,0002/21,393$309
Average6 comps$397,500$301

Market trends, Cape Coral

Median list
$399,000
Median $/sqft
$233
Median sold (90d)
$384,999
Avg days on market
92
Active listings
2,482
Median sold price · Cape Coral
$384,999last 3 months6.9% vs $360,000 prior 3 months
Median closed price by month · Cape Coral
3.9% MoM4.3% YoY
$340k$365k$390kJul ’25Sep ’26
$364,995Sep ’26 · 50 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 $74,000 (16.1%) from the original list price.

Mar 17, 2026Sold$385,000
Feb 7, 2026Price reducedfrom $459,000$439,000
Jan 9, 2026Listed$459,000

The good, the trade-offs & the location

Pros
  • Waterfront
Consider
  • Built 1985 — 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
  • 55+ age-restricted community
Location convenienceHigh
Hospital
6.8 mi
Cape Coral Hospital
Beach
7.3 mi
Fort Myers Beach
Airport
8.8 mi
Page Field (Fort Myers)
Shopping
7.9 mi
Bell Tower Shops

Straight-line distances to major SWFL amenities, approximate; actual drive times vary.

Loading map…

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.