2 Bed Waterfront Home for Sale in Cape Coral, FL, $199,900
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For SaleMLS# 2026032177

$199,900

2 Bed Waterfront Home for Sale in Cape Coral, FL, $199,900

4708 SW 8th Place 105, Cape Coral, FL, 33914

2 beds2 baths1,046 sqft
GatedBoatingCommunity PoolWaterfront

About this home

Spectacular western exposure GULF ACCESS 2/2 1ST FLOOR unit with the best canal views in the development. Located in the desirable SW Cape Coral area. Open floor plan concept that encompasses two spacious bedrooms, two bathrooms, private screened in lanai, detached carport with a recently remodeled kitchen and inviting living room area that is great for entertaining. Sit out on your lanai while taking in the captivating canal views while you enjoy the tranquil sunsets. Many features including amazing views, new black stainless steel appliances, tile in every room, crown molding throughout, updated bathrooms, roll down shutters in the lanai, VERY meticulously maintained, assessments paid, low HOA & so much more! A short boat trip out to open water with only one bridge navigable access. Community offers a pool area and cabana area. Located close to downtown Cape Coral with a short drive to the beach, dining, shopping and entertainment. This amazing condo is ready for its new owner, investor or 2nd homeowner! Come see today because it will not last long!!!

Property details

Type
Condominium
Year built
1986
Interior
1,046 sqft
Lot size
4,922.28 sqft
Acreage
0.11 acres
Garage
None
Days on market
0
Total association fees
$6,840/yr (~$570/mo)
CDD
None
Est. taxes (1.4%)
$2,799/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
None listed
Exposure
West
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
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

InsuranceIrrigationWaterLegalAccountingMaintenanceGroundsRecreationFacilitiesStreetLightsWater

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

Amenities

BoatDockBarbecuePicnicAreaPoolBoatSlipManagement

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
$191/sqft
Comp median
$167/sqft
Difference
+14%

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
4708 SW 8th Place 103Apr 2026$175,0002/21,046$167
1010 SW 48th Terrace 102Jan 2026$175,0002/21,166$150
1118 SW 48th Terrace 104Feb 2026$220,0002/21,200$183
Average3 comps$190,000$167

Market trends — Cape Coral

Median list
$400,000
Median $/sqft
$234
Median sold (90d)
$385,000
Avg days on market
94
Active listings
2,497
Median sold price · Cape Coral
$385,000last 3 months7.2% vs $359,000 prior 3 months
Median closed price by month · Cape Coral
2.6% MoM11.3% YoY
$340k$368k$395kJul ’25Jul ’26
$395,000Jul ’26 · 358 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.

The good, the trade-offs & the location

Pros
  • Gulf access (Direct — no bridges)
Consider
  • Built 1986 — 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
Location convenienceHigh
Hospital
5.6 mi
Cape Coral Hospital
Beach
8.2 mi
Fort Myers Beach
Airport
8.1 mi
Page Field (Fort Myers)
Shopping
6.8 mi
Coralwood / Merchants Crossing (Cape)

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.