2 Bed Waterfront Home for Sale in Cape Coral, FL, $150,000
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SoldMLS# 2026022168

$150,000

2 Bed Waterfront Home for Sale in Cape Coral, FL, $150,000

4928 Vincennes Street C8, Cape Coral, FL, 33904

2 beds2 baths1,065 sqft
GatedBoatingCommunity PoolWaterfront

About this home

Gulf access, walkable downtown living, and sunsets over the water — this 2-bedroom, 2-bath South Cape Coral condo delivers the Florida lifestyle buyers come here to find. Walk to Downtown Cape Coral’s restaurants, bars, shopping, and entertainment, or spend the afternoon at the nearby Yacht Club, home to Cape Coral’s only beach. For boaters, the location gets even better with Gulf access and only one bridge separating you from the Caloosahatchee River and open water beyond. This second-floor end-unit offers extra privacy, additional natural light, electric hurricane shutters, and peaceful canal views from the screened balcony with western rear exposure — the perfect spot to watch the sky light up at sunset. Private laundry is conveniently tucked away in the balcony storage area, so there’s no shared community laundry to deal with. Residents also enjoy a community pool and first-come, first-served boat docks, making spontaneous sunset cruises and days on the water part of everyday life. If your idea of home includes boating in the morning, beach days in the afternoon, and dinner downtown without needing the car, this South Cape condo was made for you.

Property details

Type
Condominium
Year built
1979
Interior
1,065 sqft
Lot size
5,222.844 sqft
Acreage
0.12 acres
Garage
None
Days on market
35
Total association fees
$7,200/yr (~$600/mo)
CDD
None
Est. taxes (1.4%)
$2,100/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
None listed
Exposure
West
Waterfront
Yes
Gulf access
Yes
Gulf access type
Direct — no bridges
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

AssociationManagementMaintenanceGroundsPestControlReserveFundSewerTrashWater

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

Amenities

BoatDockBarbecuePicnicAreaPoolManagement

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
$141/sqft
Comp median
$137/sqft
Difference
+3%

Based on the $/sqft of 12 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
4912 Vincennes Street 108Feb 2026$145,0002/21,094$133
1016 SE 46th Street 203Mar 2026$165,0002/21,187$139
1016 SE 46th Street 101Jan 2026$130,0002/21,187$110
834 SE 46th Street 1CJun 2026$161,0002/21,158$139
834 SE 46th Street A1Apr 2026$150,0002/21,148$131
806 SE 46th Street 1FJun 2026$158,0002/21,199$132
Average6 comps$151,500$131

Market trends — Cape Coral

Median list
$399,998
Median $/sqft
$234
Median sold (90d)
$385,000
Avg days on market
95
Active listings
2,499
Median sold price · Cape Coral
$385,000last 3 months7.2% vs $359,000 prior 3 months
Median closed price by month · Cape Coral
11.9% MoM24.5% YoY
$340k$391k$442kJul ’25Aug ’26
$442,000Aug ’26 · 20 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 $19,100 (11.4%) from the original list price.

Jul 17, 2026Sold$148,900
May 29, 2026Price reducedfrom $168,000$150,000
May 18, 2026Listed$168,000

The good, the trade-offs & the location

Pros
  • Gulf access (Direct — no bridges)
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
4.6 mi
HealthPark Medical Center
Beach
7.3 mi
Fort Myers Beach
Airport
5.8 mi
Page Field (Fort Myers)
Shopping
5 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.