2 Bed Pool Home for Sale in Cape Coral
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For SaleMLS# 2026037201

$298,000

2 Bed Pool Home for Sale in Cape Coral

438 El Dorado Parkway, Cape Coral, FL, 33904

2 beds1.5 baths1,223 sqft1 garage

About this home

Beautifully updated pool home in a highly convenient Southeast Cape Coral location. This well maintained property at 438 El Dorado Parkway E. offers 2 bedrooms, a versatile bonus room, 1½ bathrooms, and a one car garage. The home has received several major improvements, including a new asphalt shingle roof installed in 2023 and complete repiping with PEX plumbing in 2024. The garage features an impact resistant door installed in 2020 for added security and storm protection. Inside, the kitchen is equipped with solid surface countertops, and the floor plan provides comfortable living areas along with a flexible bonus room suitable for a home office, den, playroom, hobby space, or additional living area. An air conditioned sunroom expands the usable living space and offers year round enjoyment. A screened in patio provides a relaxing outdoor sitting area overlooking the backyard. The exterior features a beautiful swimming pool and a large fenced yard enclosed with an attractive white PVC privacy fence, offering ample space for outdoor activities, pets, and entertaining. The property is conveniently located near shopping, dining, and other Cape Coral amenities, making it an excellent option for full time or seasonal living. Notable features include: • 2 bedrooms plus bonus room • 1½ bathrooms • Beautiful swimming pool • Large fenced backyard • White PVC privacy fence • New asphalt shingle roof (2023) • Repiped with PEX plumbing (2024) • Solid surface kitchen countertops • Air conditioned sunroom • Screened in patio • One car garage • Impact resistant garage door (2020)

Property details

Type
SingleFamilyResidence
Year built
1962
Interior
1,223 sqft
Lot size
10,018.8 sqft
Acreage
0.23 acres
Garage
1 car
Days on market
0
Total association fees
None
CDD
None
Est. taxes (1.4%)
$4,172/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
Yes
Spa
No
Natural gas
No
Water
Assessment Paid
Sewer
Assessment Paid
New construction
No
Pets
Yes
County
Lee

Amenities

GuestSuitesSidewalks

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
$244/sqft
Comp median
$214/sqft
Difference
+14%

Based on the $/sqft of 3 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.

AddressSoldSold priceBeds/BathsSq ft$/sqft
708 El Dorado ParkwayMar 2026$292,0003/21,393$210
912 Dolphin DriveDec 2025$290,0002/21,054$275
238 SE 46th LaneFeb 2026$270,0003/21,260$214
Average3 comps$284,000$233

Market trends, Cape Coral

Median list
$399,000
Median $/sqft
$232
Median sold (90d)
$384,999
Avg days on market
93
Active listings
2,463
Median sold price · Cape Coral
$385,000last 3 months7.4% vs $358,500 prior 3 months
Median closed price by month · Cape Coral
10.5% MoM2.9% YoY
$340k$365k$390kJul ’25Sep ’26
$340,000Sep ’26 · 13 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.

The good, the trade-offs & the location

Pros
  • Private pool
Consider
  • Built 1962 — pre-2002 construction may carry older wind codes and higher insurance
  • In a higher-risk flood zone (AE) — flood insurance likely required
Location convenienceHigh
Hospital
5.1 mi
HealthPark Medical Center
Beach
7 mi
Fort Myers Beach
Airport
6.6 mi
Page Field (Fort Myers)
Shopping
5.7 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.