2 Bed Waterfront Home for Sale in Cape Coral
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For SaleMLS# 2026027352

$278,900

2 Bed Waterfront Home for Sale in Cape Coral

5112 Coronado Parkway 12, Cape Coral, FL, 33904

2 beds2 baths1,105 sqft
GatedCommunity PoolBoatingWaterfront

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  • Wed, Sep 910:00 AM, 1:00 PM
  • Fri, Sep 2510:00 AM, 1:00 PM

About this home

Why settle for ordinary when you can wake up to sparkling waterfront views, step aboard your boat, and be cruising to the Gulf of America within minutes? Perfectly blending sophisticated coastal design with an unbeatable boating lifestyle, this fully renovated waterfront condominium offers direct Gulf access and delivers the effortless Southwest Florida lifestyle you've been dreaming of. Offered FULLY FURNISHED, this exceptional residence was completely reimagined in 2021 with a stunning coastal-modern aesthetic, premium finishes, and thoughtful craftsmanship throughout. Sunlight pours into the spacious open-concept floor plan, where luxury vinyl plank flooring, designer lighting, and an airy palette create a warm yet refined living environment. The beautifully appointed gourmet kitchen serves as the centerpiece of the home, showcasing sleek custom cabinetry, premium stainless steel appliances, expansive countertops, and abundant storage—perfect for everyday living and entertaining alike. The spacious living and dining areas seamlessly transition to the private waterfront lanai and side porch, where breathtaking sunrises greet your mornings and vibrant Florida sunsets provide the perfect backdrop to unwind each evening. Every space has been designed to maximize the tranquil water views and coastal ambiance. Both generously sized bedroom suites offer private retreats with beautifully updated en-suite bathrooms featuring custom tile work, modern fixtures, and spa-inspired finishes. Additional upgrades include a newer HVAC system, new hurricane impact windows, an Everpure whole-home water filtration system, and countless custom enhancements that make this residence truly move-in ready. Boating enthusiasts will appreciate the community's direct Gulf access, with dock space available on a first-come, first-served basis, making spontaneous days on the water effortless. Ideally located just moments from Downtown Cape Coral, the Yacht Club Beach, Four Freedoms Park, waterfront dining, boutique shopping, entertainment, and vibrant local events, you'll enjoy one of the city's most desirable waterfront locations. Whether you're searching for a luxurious full-time residence, an elegant seasonal escape, or a turnkey waterfront investment, this impeccably renovated coastal condominium offers the perfect combination of modern luxury, direct Gulf access, and the relaxed waterfront lifestyle that makes Southwest Florida one of the nation's most sought-after destinations.

Property details

Type
Condominium
Year built
1981
Interior
1,105 sqft
Lot size
3,192.948 sqft
Acreage
0.07 acres
Garage
None
Days on market
64
Total association fees
$9,204/yr (~$767/mo)
CDD
None
Est. taxes (1.4%)
$3,905/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
Impact Windows/Doors
Exposure
West
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

AssociationManagementInsuranceIrrigationWaterLegalAccountingMaintenanceGroundsPestControlReserveFundSewerTrashWater

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

Amenities

BikeStorageOtherPoolSeeRemarksManagement

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
$252/sqft
Comp median
$233/sqft
Difference
+8%

Based on the $/sqft of 3 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
5111 Manor Court 2Jan 2026$245,0002/21,050$233
4464 Coronado ParkwayFeb 2026$307,0003/21,292$238
1315 SE 45th StreetFeb 2026$299,9993/21,302$230
Average3 comps$284,000$234

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 $19,600 (6.6%) from the original list price.

Aug 21, 2026Price reducedfrom $288,900$278,900
Jun 25, 2026Listed$298,500

The good, the trade-offs & the location

Pros
  • Waterfront
  • Storm protection: Impact Windows/Doors
Consider
  • Built 1981 — 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
  • Higher association fees (~$9,204/yr)
Location convenienceHigh
Hospital
4.9 mi
HealthPark Medical Center
Beach
7.3 mi
Fort Myers Beach
Airport
6.2 mi
Page Field (Fort Myers)
Shopping
5.4 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.