2 Bed Waterfront Home for Sale in Coralair
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For SaleMLS# 2026027300

$159,900

2 Bed Waterfront Home for Sale in Coralair

4940 Vincennes Street 106, Cape Coral, FL, 33904

2 beds2 baths996 sqft
GatedBoatingClubhouseCommunity Pool55+Waterfront

About this home

I Want To Share An Incredible Opportunity For A New Home. This Property Offers An Unparalleled Waterfront Lifestyle. This Lovely 1st - Floor Condo Is Part Of A Private, 22 - Unit Complex Nestled At The Intersection Of The Bimini And Vincennes Canal, Offering Stunning Views. You'll Have Easy Access To The Swimming Pool As Well As The Boat Dock Walkways. The Unit Itself Features A Comfortable Split Bedroom Floor Plan With Two Bedrooms And Two Bathrooms. The Owner's Retreat Includes A Walk-In Closet And An En Suite Bathroom. The Guest Bedroom And Guest Bathroom Could Easily Become A 2nd Mini Primary With The Simple Installation Of A Contemporary Barn Door! Throughout The Condo, You'll Find Freshly Painted Interiors, And Updated Flooring. Enjoy Outdoor Living On The Inviting Outdoor Living Area Just Steps From Your Rear Enclosed Lanai Door. Including A Beautiful Heated Swimming Pool, Outdoor Living Areas Including The Fenced Pool Deck, The Dockside Chickee Hut Overlooking And The Intersecting Canals. The Open - Concept Kitchen Is A Highlight, Featuring A Lovely Window Overlooking The Front Parking Areas And Vincennes Street, Solid Surface Countertops, Raised Panel White Cabinetry And A 3 Piece Appliance Package. A Convenient Laundry Area Is Located Just Off Of The Enclosed Lanai. This Intimate Complex Provides An Easy - Going, Carefree Lifestyle. The Building Is Well Maintained AND Has No Special Assessments. The Proximity To The Re - imagined DOWNTOWN Cape Coral Lifestyle Is Within Walking. Additionally, Enjoy (2) Indoor Community Entertainment Rooms. Access To These Shared Common Spaces Is Easy With A Staircase Very Access Very Near To Each End Of The Community. This Truly Is An Unique Opportunity To Make This Lovely Condo Your New Home.

Property details

Type
Condominium
Year built
1971
Interior
996 sqft
Lot size
Not specified
Acreage
Not specified
Garage
None
Days on market
52
Total association fees
$7,500/yr (~$625/mo)
CDD
None
Est. taxes (1.4%)
$2,239/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
None listed
Exposure
South
Waterfront
Yes
Gulf access
Yes
Gulf access type
Direct — no bridges
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

AssociationManagementInsuranceIrrigationWaterLegalAccountingMaintenanceGroundsPestControlReserveFundSewerStreetLightsTrashWater

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

Amenities

BoatDockCabanaClubhouseBarbecuePicnicAreaPoolBoatSlipManagement

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
$161/sqft
Comp median
$140/sqft
Difference
+15%

Based on the $/sqft of 3 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
4928 Vincennes Street C8Jul 2026$148,9002/21,065$140
4912 Vincennes Street 108Feb 2026$145,0002/21,094$133
4910 Viceroy Street 7Jun 2026$175,0002/21,020$172
Average3 comps$156,300$148

Market trends, Cape Coral

Median list
$399,000
Median $/sqft
$233
Median sold (90d)
$385,000
Avg days on market
94
Active listings
2,460
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 $8,600 (5.1%) from the original list price.

Aug 24, 2026Price reducedfrom $168,500$159,900
Jul 3, 2026Listed$168,500

The good, the trade-offs & the location

Pros
  • Gulf access (Direct — no bridges)
Consider
  • Built 1971 — 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
Location convenienceHigh
Hospital
4.5 mi
HealthPark Medical Center
Beach
7.3 mi
Fort Myers Beach
Airport
5.7 mi
Page Field (Fort Myers)
Shopping
4.9 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.