$109,000
2 Bed Waterfront Home for Sale in Cape Coral, FL, $109,000
1420 Academy Boulevard 106, Cape Coral, FL, 33990
About this home
No Flood Insurance required, this complex IS NOT in a Flood Zone. 1st Floor spacious corner unit. The complex sits on a freshwater canal in a central location of Cape Coral. Kayak or fish in this great freshwater canal system. This complex features new covered parking, newer roof, clubhouse, heated swimming pool, and a great dock area overlooking the canal Situated in the heart of Cape Coral’s highly sought-after Cultural Park neighborhood. From the moment you arrive, you’ll appreciate the peaceful charm and prime location, surrounded by newer homes and just a short bike ride from parks, schools, shopping, dining, and entertainment.
Property details
- Type
- Condominium
- Year built
- 1986
- Interior
- 863 sqft
- Lot size
- 5,941.584 sqft
- Acreage
- 0.14 acres
- Garage
- None
- Days on market
- 97
- Total association fees
- $4,800/yr (~$400/mo)
- CDD
- None
- Est. taxes (1.4%)
- $1,526/yr
- Flood zone (area est.)
- No · Low risk (X)
- Storm protection
- Shutters
- Exposure
- North
- 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
- 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 3 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.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 1430 Academy Boulevard 103 | Feb 2026 | $104,000 | 2/1 | 863 | $121 |
| 1004 SE 8th Street 107 | May 2026 | $100,000 | 2/2 | 915 | $109 |
| 1111 SE 8th Terrace 3B | Nov 2025 | $119,000 | 2/2 | 895 | $133 |
| Average | 3 comps | $107,667 | $121 |
Market trends — Cape Coral
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 $55,000 (36.7%) from the original list price.
| Feb 23, 2026 | Sold | $95,000 |
| Dec 31, 2025 | Price reducedfrom $119,000 | $109,000 |
| Nov 17, 2025 | Back on market | |
| Oct 1, 2025 | Listed | $150,000 |
The good, the trade-offs & the location
- Lower flood risk (zone X)
- Gulf access (Direct — no bridges)
- Storm protection: Shutters
- Built 1986 — pre-2002 construction may carry older wind codes and higher insurance
- 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.
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.