$185,000
2 Bed Waterfront Home for Sale in Cape Coral
707 SW 3rd Court 103, Cape Coral, FL, 33991
About this home
Wake up to peaceful sunrise views over Lake Kennedy in this beautifully updated two-story condo located in the heart of SW Cape Coral. Tucked into a quiet, non-flood zone neighborhood and just minutes from Sun Splash Family Waterpark and local conveniences, this 2-bedroom, 2-bath home offers the perfect blend of comfort, style, and waterfront living. The main entry opens to a private, fenced courtyard, leading into a freshly painted interior with tile as well as low VOC/Greenguard-certified flooring and a fully renovated kitchen featuring modern finishes and quality appliances. The first floor includes a guest bedroom, full bath, kitchen, dining area, and a spacious great room that opens to a screened lanai overlooking the lake—perfect for morning coffee or evening relaxation. Upstairs, a large loft-style primary bedroom with a full bathroom and private balcony offers versatile space and gorgeous lake views. Recent upgrades include metal accordian hurricane shutters, a high-efficiency A/C system with a new motor and UV light for optimal air quality, and a reliable water heater that ensures consistent performance. Additional enhancements include upgraded electrical outlets and a dedicated fiber internet line for lightning-fast connectivity. Just steps from a large community pool and nestled in a well-maintained neighborhood, this condo is ideal as a year-round home, seasonal retreat, or investment opportunity. Enjoy the best of Cape Coral living with comfort, efficiency, and unbeatable views.
Property details
- Type
- Condominium
- Year built
- 1986
- Interior
- 1,154 sqft
- Lot size
- 4,613.004 sqft
- Acreage
- 0.11 acres
- Garage
- None
- Days on market
- 259
- Total association fees
- $5,700/yr (~$475/mo)
- CDD
- None
- Est. taxes (1.4%)
- $2,590/yr
- Flood zone (area est.)
- No · Low risk (X)
- Storm protection
- Shutters
- Exposure
- East
- Waterfront
- Yes
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- No
- Spa
- No
- Natural gas
- No
- Water
- Public
- Sewer
- Public Sewer
- 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
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 13 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 |
|---|---|---|---|---|---|
| 1412 SW 4th Place | Dec 2025 | $200,000 | 2/1 | 1,095 | $183 |
| 1213 SW 8th Place | May 2026 | $220,000 | 3/2 | 1,275 | $173 |
| 306 SE 18th Terrace | Oct 2025 | $185,000 | 3/2 | 1,229 | $151 |
| 1407 SW 16th Terrace 201 | Mar 2026 | $160,000 | 3/2 | 1,186 | $135 |
| 1103 SE 8th Terrace Unit D | May 2026 | $160,000 | 2/2 | 968 | $165 |
| 711 SE 12th Avenue 135 | Mar 2026 | $155,000 | 2/2 | 982 | $158 |
| Average | 6 comps | $180,000 | $161 |
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 $34,000 (15.5%) from the original list price.
| May 21, 2026 | Price reducedfrom $189,000 | $185,000 |
| Oct 7, 2025 | Listed | $219,000 |
The good, the trade-offs & the location
- Lower flood risk (zone X)
- Waterfront
- 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.
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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.