2 Bed Waterfront Home for Sale in Cape Coral
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For SaleMLS# 2026024754

$199,000

2 Bed Waterfront Home for Sale in Cape Coral

1932 SE 43rd Street 128, Cape Coral, FL, 33904

2 beds2 baths1,034 sqft
GatedBoatingClubhouseCommunity Pool55+Waterfront

About this home

Direct Gulf Access END UNIT 1st Floor Condo in the waterfront community of Gullwing Condo. Panoramic views overlooking wide 200+ Foot Canals and Boats going by from the neighboring communities and homes. Instant Boating Access with NO BRIDGES one turn to open water - minutes. You can even see the River from the community dock. Remodeled throughout with 2-bedroom 2-bathroom 1,034 SF and personal carport in front of the unit. Kitchen remodeled with granite counters, stainless steel appliances, and new white cabinets with stylish black hardware. Tile floors in the living areas and wood-like floors in the bedrooms NO CARPET! Amazing views from the open living room with wall-to-wall sliding glass doors overlooking the expansive water views, docks, and boats. TWO PATIOS small patio on the side by the kitchen and dining, and a large screened in patio on the water. Lots of natural light only found in a ground floor corner unit. Wake up each morning to water views and boats leaving to go out fishing - waterfront master suite with remodeled bath with barn door, walk-in closet, new vanity and walk0in shower. Spare bedroom is good size for guests, bedroom, or home office. Spare full bathroom also completely remodeled. MOVE IN READY! The Community Pool is Waterfront, Heated and offers a Clubhouse with an Equipped Kitchen for your convenience. Walking distance to Jaycee Park, Restaurants & Shopping are all close by! NEW Boat Slips will be done soon and will offer boating access upon completion. You WILL Experience Florida's Beautiful Wildlife Firsthand. Dolphins, Manatee and variety of Birds. Located close to shopping, dining, events, Starbucks, Dunkin Donuts, Target, Publix, and the area’s top-rated restaurants. GOLFERS - Very close to Palmetto Pines Country Club and Coral Oaks. Close to shopping, beaches, dining, easy access to Fort Myers via both bridges, and near many of Cape Coral's newest development and community projects like the Yacht Club, Bimini Square, The Cove, and Slipaway for even more fun things to enjoy!

Property details

Type
Condominium
Year built
1972
Interior
1,034 sqft
Lot size
8,202.348 sqft
Acreage
0.19 acres
Garage
None
Days on market
23
Total association fees
$8,700/yr (~$725/mo)
CDD
None
Est. taxes (1.4%)
$2,786/yr
Flood zone (area est.)
No · Low risk (X)
Storm protection
None listed
Exposure
East
Waterfront
Yes
Gulf access
Yes
Gulf access type
Indirect — bridges/locks
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

CableTvInsuranceIrrigationWaterLegalAccountingMaintenanceGroundsPestControlRecreationFacilitiesRoadMaintenanceSewerStreetLightsTrashWater

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

Amenities

BoatDockClubhouseBarbecuePicnicAreaPoolShuffleboardCourtSaunaSidewalksManagement

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.

Above marketThis home is priced above comparable recent sales.
This home
$192/sqft
Comp median
$176/sqft
Difference
+9%

Based on the $/sqft of 7 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.

AddressSoldSold priceBeds/BathsSq ft$/sqft
1926 SE 43rd Street 217Aug 2026$215,0002/21,004$214
1912 SE 43rd Street 210Mar 2026$210,0002/21,004$209
4260 SE 20th Place 502Aug 2026$205,0002/21,065$192
4280 SE 20th Place 402Aug 2026$185,0002/21,065$174
4116 SE 19th Avenue 102Jun 2026$190,0002/21,117$170
4012 SE 19th Avenue 103Jul 2026$175,0002/21,117$157
Average6 comps$196,667$186

Market trends, Cape Coral

Median list
$399,000
Median $/sqft
$232
Median sold (90d)
$385,000
Avg days on market
94
Active listings
2,481
Median sold price · Cape Coral
$385,000last 3 months7.2% vs $359,000 prior 3 months
Median closed price by month · Cape Coral
1.3% MoM8.4% YoY
$340k$365k$390kJul ’25Aug ’26
$384,750Aug ’26 · 413 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 $16,000 (7.4%) from the original list price.

Jul 8, 2026Price reducedfrom $215,000$199,000
Jun 15, 2026Listed$215,000

The good, the trade-offs & the location

Pros
  • Lower flood risk (zone X)
  • Gulf access (Indirect — bridges/locks)
Consider
  • Built 1972 — pre-2002 construction may carry older wind codes and higher insurance
  • No garage listed
  • 55+ age-restricted community
Location convenienceHigh
Hospital
4.4 mi
HealthPark Medical Center
Beach
8.3 mi
Fort Myers Beach
Airport
4.5 mi
Page Field (Fort Myers)
Shopping
4 mi
Bell Tower Shops

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.