2 Bed Townhouse for Sale in Parkway Village
1 / 19
▶ View Virtual Tour
SoldMLS# 2026023133

$149,900

2 Bed Townhouse for Sale in Parkway Village

5027 SW 16th Place 101, Cape Coral, FL, 33914

2 beds1.5 baths902 sqft
Community Pool

About this home

Beautiful townhome in a quiet community with walking distance to the waterfront of Cape Harbour, shopping, groceries, and incredible bars and restaurants like Lobster Lady and Prime 239 steakhouse! The downstairs is freshly painted and well outfitted with tile flooring, a brand-new updated kitchen with new appliances, newly updated bathroom, in-unit laundry with new washer and dryer, and a screened lanai overlooking the wooded greenspaces and community pool! This unit is completely move in ready with a newer roof and A/C system. Enjoy the SW Florida lifestyle in one of the best locations in the city of Cape Coral! Schedule a tour today!

Property details

Type
Townhouse
Year built
1984
Interior
902 sqft
Lot size
1,533.312 sqft
Acreage
0.04 acres
Garage
None
Days on market
54
Total association fees
$5,964/yr (~$497/mo)
CDD
None
Est. taxes (1.4%)
$2,099/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
None listed
Exposure
East
Waterfront
No
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

AssociationManagementInsuranceIrrigationWaterLegalAccountingMaintenanceGroundsPestControlSewerTrashWater

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

Amenities

BarbecuePicnicAreaPoolManagement

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
$166/sqft
Comp median
$154/sqft
Difference
+8%

Based on the $/sqft of 6 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
5027 SW 16th Place 103Mar 2026$160,0002/1902$177
5117 SW 15th Place 209Jan 2026$140,0002/2953$147
1433 SW 51st Lane 99Oct 2025$153,5002/2953$161
1428 SW 50th Street 117Feb 2026$145,0002/21,019$142
1417 SW 51st Lane 36Aug 2026$139,0002/2953$146
1413 SW 51st Lane 31Oct 2025$160,0002/2953$168
Average6 comps$149,583$157

Market trends, Parkway Village

Median list
$377,450
Median $/sqft
$250
Median sold (90d)
$495,000
Avg days on market
88
Active listings
24
Median sold price · Parkway Village
$495,000last 3 monthsnot enough sold data to compare

Live community medians from the MLS · see all listings. Indicative, not an appraisal.

Price & status history

Down $21,900 (13.8%) from the original list price.

Aug 28, 2026Sold$137,000
Jun 23, 2026Price reducedfrom $158,900$149,900
May 23, 2026Listed$158,900

The good, the trade-offs & the location

Consider
  • Built 1984 — 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
6.5 mi
Cape Coral Hospital
Beach
8.1 mi
Fort Myers Beach
Airport
9.1 mi
Page Field (Fort Myers)
Shopping
7.7 mi
Coralwood / Merchants Crossing (Cape)

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.