$269,900
2 Bed 2 Bath Waterfront Condominium for Sale in SOMERVILLE, FL
2623 Somerville Loop 503, Cape Coral, FL, 33991
About this home
Enjoy peaceful, expansive — and rarely available — lake views from this desirable ground-floor condo offering comfort, convenience, private views and functional living space. This well-designed home features 2 bedrooms, 2 bathrooms, plus a dedicated office — perfect for working from home or additional guest space. The updated eat-in kitchen showcases new cabinets, new countertops, and newer appliances, and opens to a spacious family room. A separate formal dining area provides the perfect setting for entertaining. Relax year-round on the screened lanai overlooking the expansive lakeview and enjoy the convenience of impact windows, an inside laundry room and a 1-car garage. Located in a beautifully maintained gated community, this condo offers privacy, security, and a low-maintenance lifestyle.
Property details
- Type
- Condominium
- Year built
- 2006
- Interior
- 1,373 sqft
- Lot size
- 8,529.048 sqft
- Acreage
- 0.20 acres
- Garage
- 1 car
- Days on market
- 72
- Total association fees
- $7,850/yr (~$654/mo)
- CDD
- None
- Est. taxes (1.4%)
- $3,779/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- Impact Windows/Doors
- Exposure
- North
- 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
- 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 6 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 |
|---|---|---|---|---|---|
| 2644 Somerville Loop 1407 | Jul 2026 | $239,000 | 2/2 | 1,373 | $174 |
| 2648 Somerville Loop 1306 | Dec 2025 | $240,000 | 3/2 | 1,373 | $175 |
| 2648 Somerville Loop 1307 | Feb 2026 | $249,000 | 2/2 | 1,373 | $181 |
| 2615 Somerville Loop 307 | Apr 2026 | $250,000 | 2/2 | 1,373 | $182 |
| 2664 Somerville Loop 903 | Mar 2026 | $235,000 | 2/2 | 1,345 | $175 |
| 2549 Verdmont Court | Feb 2026 | $290,000 | 3/2 | 1,542 | $188 |
| Average | 6 comps | $250,500 | $179 |
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 $19,900 (7.4%) from the original list price.
| May 22, 2026 | Sold | $250,000 |
| Feb 16, 2026 | Listed | $269,900 |
The good, the trade-offs & the location
- Built 2006 — post-2002 Florida wind codes (typically lower insurance)
- Waterfront
- Storm protection: Impact Windows/Doors
- In a higher-risk flood zone (AE) — flood insurance likely required
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.