$165,000
2 Bed Waterfront Home for Sale in Cape Coral
232 Cape Coral Parkway 201, Cape Coral, FL, 33904
About this home
Gulf access corner condo with southern exposure, pool and canal views, boat docks, and covered parking in the desirable Monte Carlo 55+ waterfront community. Offering the relaxed coastal lifestyle Southwest Florida is known for. This beautifully positioned corner residence enjoys added privacy along with peaceful views of the pool and the direct Sailboat Gulf access canal. This well maintained 2 bedroom, 2 bath is ready for immediate enjoyment. The spacious layout includes a comfortable living and dining area, an eat-in kitchen with breakfast bar, and a desirable southern exposure that fills the home with natural light. Step out onto the screened lanai, the perfect place to enjoy your morning coffee while overlooking the water. The primary suite features a walk-in closet, while the in-unit laundry room includes a washer and dryer for added convenience. Boaters will appreciate the direct sailboat Gulf access with first-come, first-serve boat docks located just outside the building, making it easy to spend the day on the water. Additional features include covered parking and private storage. Ideally located along Cape Coral Parkway, you are just minutes from waterfront dining, shopping, medical facilities, and entertainment. World-famous destinations such as Sanibel Island, Captiva Island, and Fort Myers Beach are a short drive away, along with convenient access to Southwest Florida International Airport. If you’ve been searching for easy waterfront living in a welcoming 55+ community, this is a wonderful opportunity to enjoy the Florida lifestyle you deserve.
Property details
- Type
- Condominium
- Year built
- 1984
- Interior
- 1,078 sqft
- Lot size
- 7,866.936 sqft
- Acreage
- 0.18 acres
- Garage
- None
- Days on market
- 168
- Total association fees
- $7,320/yr (~$610/mo)
- CDD
- None
- Est. taxes (1.4%)
- $2,310/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- Impact Windows/Doors
- Exposure
- South
- 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 8 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 |
|---|---|---|---|---|---|
| 232 Cape Coral Parkway 105 | Jul 2026 | $145,000 | 2/2 | 1,078 | $135 |
| 4525 Country Club Boulevard 110 | Jan 2026 | $167,500 | 2/2 | 1,195 | $140 |
| 4525 Country Club Boulevard 207 | Feb 2026 | $170,000 | 2/2 | 1,195 | $142 |
| 4411 Country Club Boulevard A1 | Mar 2026 | $185,000 | 2/2 | 1,234 | $150 |
| 4549 SE 5th Place 211 | Feb 2026 | $185,000 | 2/2 | 1,019 | $182 |
| 4534 SE 5th Place 11 | Jun 2026 | $162,000 | 2/2 | 1,026 | $158 |
| Average | 6 comps | $169,083 | $151 |
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 $5,000 (2.9%) from the original list price.
| Jul 9, 2026 | Price reducedfrom $170,000 | $165,000 |
| Mar 16, 2026 | Listed | $170,000 |
The good, the trade-offs & the location
- Waterfront
- Storm protection: Impact Windows/Doors
- Built 1984 — pre-2002 construction may carry older wind codes and higher insurance
- In a higher-risk flood zone (AE) — flood insurance likely required
- No garage listed
- 55+ age-restricted community
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.