2 Bed Waterfront Home for Sale in Cape Coral
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SoldMLS# 2025018526

$199,000

2 Bed Waterfront Home for Sale in Cape Coral

3943 SE 11th Place 105, Cape Coral, FL, 33904

2 beds2 baths1,179 sqft
GatedBoatingCommunity PoolWaterfront

About this home

Experience the ultimate in waterfront living at The Osprey Condos! A hidden gem offering boating access to all your favorite beaches and is located in the heart of Cape Coral. This 2-bedroom condo features an open floor plan designed for seamless indoor-outdoor living. With sliding glass doors that disappear into a pocket, you'll be able to maximize your breathtaking canal-front views. Featuring EASTERN REAR EXPOSURE, you can take in all those beautiful sunrises while sipping your coffee and watching boats stroll by. You'll be happy with the spacious kitchen which boasts almost brand-new appliances (they have been used only a couple of times.) Additional features include an assigned carport conveniently located in front of your first-floor unit and a private storage locker for all your extras. Best of all, this condo has never flooded and comes with a transferable flood policy, helping to keep costs low. Come enjoy effortless access to open water by boat and a vibrant downtown scene with shops and restaurants, just minutes away by car. Whether you're looking for a full-time residence, vacation retreat, or investment property, this Gulf-access condo is a rare find!

Property details

Type
Condominium
Year built
1984
Interior
1,179 sqft
Lot size
Not specified
Acreage
Not specified
Garage
None
Days on market
81
Total association fees
$8,800/yr (~$733/mo)
CDD
None
Est. taxes (1.4%)
$2,786/yr
Flood zone (area est.)
No · Low risk (X)
Storm protection
Impact Windows/Doors
Exposure
East
Waterfront
Yes
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

AssociationManagementInsuranceIrrigationWaterLegalAccountingMaintenanceGroundsPestControlTrash

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

Amenities

BoatDockBoatRampPoolStorageManagement

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
$169/sqft
Comp median
$171/sqft
Difference
-1%

Based on the $/sqft of 4 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
3933 SE 11th Place 208Feb 2026$199,9002/21,206$166
1005 SE 40th Street 5Dec 2025$169,9002/21,111$153
3803 SE 11th Place 1210Jun 2026$205,0002/21,008$203
3714 SE 12th Avenue 203Apr 2026$195,0002/21,111$176
Average4 comps$192,450$175

Market trends, Cape Coral

Median list
$399,900
Median $/sqft
$233
Median sold (90d)
$389,000
Avg days on market
95
Active listings
2,498
Median sold price · Cape Coral
$389,000last 3 months8.7% vs $358,000 prior 3 months
Median closed price by month · Cape Coral
7.8% MoM19% YoY
$340k$381k$423kJul ’25Aug ’26
$422,500Aug ’26 · 134 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 $38,000 (17.7%) from the original list price.

Feb 9, 2026Sold$177,000
Jan 17, 2026Price reducedfrom $205,000$199,000
Nov 5, 2025Listed$215,000

The good, the trade-offs & the location

Pros
  • Lower flood risk (zone X)
  • Waterfront
  • Storm protection: Impact Windows/Doors
Consider
  • Built 1984 — pre-2002 construction may carry older wind codes and higher insurance
  • No garage listed
Location convenienceHigh
Hospital
3.8 mi
Cape Coral Hospital
Beach
8.7 mi
Fort Myers Beach
Airport
5.4 mi
Page Field (Fort Myers)
Shopping
5 mi
Coralwood / Merchants Crossing (Cape)

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.