$229,000
2 Bed Condominium for Sale in Terrace
11540 Caravel Circle 3005, Fort Myers, FL, 33908
About this home
Beautiful lakefront condo in the highly desirable Cinnamon Cove community, perfectly located just 3 miles from Fort Myers Beach and the Sanibel/Captiva Causeway. Enjoy peaceful water views, coastal breezes, and convenient access to Southwest Florida’s best beaches, dining, and shopping. This unit is also in an ideal location in CC, as it is right next to one of the four community pools. LOCATION, Location, location. This well-maintained condo features a bright open layout, updated finishes, and a screened lanai overlooking the lake, perfect for relaxing with morning coffee or evening sunsets. The interior offers a comfortable living space, spacious bedrooms, and a functional kitchen with ample cabinetry and storage. Residents of Cinnamon Cove enjoy an active resort-style community with beautifully maintained grounds and amenities. HOA: $1,675 per quarter, which includes flood insurance, helping provide added peace of mind. Highlights include: Lakefront views Screened lanai Hurricane shutters Bright open living area Updated bathrooms and kitchen Laundry in unit Just 3 miles to Fort Myers Beach Quick access to Sanibel & Captiva causeway Desirable Cinnamon Cove community HOA includes flood insurance Perfect as a primary residence, seasonal getaway, or investment property in one of Fort Myers’ most convenient coastal locations.
Property details
- Type
- Condominium
- Year built
- 1990
- Interior
- 790 sqft
- Lot size
- 19,776.24 sqft
- Acreage
- 0.45 acres
- Garage
- None
- Days on market
- 134
- Total association fees
- $7,100/yr (~$592/mo)
- CDD
- None
- Est. taxes (1.4%)
- $3,206/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
- 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
What the association dues cover, per the MLS. Confirm the full schedule with the HOA.
Amenities
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.
Based on the $/sqft of 6 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.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 16550 Ginger Lane 3229 | Jul 2026 | $230,000 | 2/2 | 982 | $234 |
| 11610 Caravel Circle 104 | Mar 2026 | $195,000 | 2/2 | 944 | $207 |
| 11671 Caraway Lane 3156 | Jul 2026 | $220,000 | 2/2 | 930 | $237 |
| 11761 Caraway Lane 141 | May 2026 | $210,000 | 2/2 | 929 | $226 |
| 11110 Caravel Circle 306 | Apr 2026 | $220,000 | 1/1 | 786 | $280 |
| 16521 Bayleaf Lane 69 | Aug 2026 | $225,000 | 2/2 | 920 | $245 |
| Average | 6 comps | $216,667 | $238 |
Market trends, Fort Myers
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 $9,000 (3.9%) from the original list price.
| Sep 1, 2026 | Sold | $220,000 |
| Mar 5, 2026 | Listed | $229,000 |
The good, the trade-offs & the location
- Built 1990 — 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
Straight-line distances to major SWFL amenities, approximate; actual drive times vary.
Nearby schools
Get more information on their programs, scores, and extracurriculars on each school's page · browse the full schools directory.
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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.