2 Bed Waterfront Home for Sale in Cape Coral, FL, $189,000
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For SaleMLS# 2026033135

$189,000

2 Bed Waterfront Home for Sale in Cape Coral, FL, $189,000

4708 SW 8th Place 205, Cape Coral, FL, 33914

2 beds2 baths1,046 sqft
BoatingCommunity PoolWaterfront

About this home

Welcome to your slice of paradise in desirable Southwest Cape Coral! This beautifully remodeled 2-bedroom, 2-bath condominium offers direct Gulf access and breathtaking long canal views from its second-floor location with soaring vaulted ceilings. Inside, you'll find an updated kitchen featuring modern finishes, along with stylish new flooring that creates a bright, open, and inviting living space. The vaulted ceilings enhance the spacious feel, while the tranquil waterfront views provide the perfect backdrop for relaxing or entertaining. Located just minutes from Cape Harbour, Tarpon Point Marina, and Downtown Cape Coral, you'll enjoy some of the area's best waterfront dining, shopping, entertainment, and boating. An added bonus is that building insurance is included in the HOA fees, helping simplify ownership and add value. Whether you're looking for a seasonal retreat, full-time residence, or income-producing investment property, this condo checks all the boxes. Enjoy the Southwest Florida lifestyle with direct boating access, incredible water views, and a prime location close to everything Cape Coral has to offer.

Property details

Type
Condominium
Year built
1986
Interior
1,046 sqft
Lot size
4,935.348 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%)
$2,646/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

InsuranceLegalAccountingMaintenanceGroundsPestControlRecreationFacilitiesReserveFundStreetLightsWater

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

Amenities

BoatDockCabanaBarbecuePicnicAreaPoolManagement

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
$181/sqft
Comp median
$158/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
4708 SW 8th Place 103Apr 2026$175,0002/21,046$167
4708 SW 8th Place 106Dec 2025$165,0002/21,046$158
1010 SW 48th Terrace 102Jan 2026$175,0002/21,166$150
Average3 comps$171,667$158

Market trends — Cape Coral

Median list
$399,900
Median $/sqft
$234
Median sold (90d)
$387,250
Avg days on market
94
Active listings
2,501
Median sold price · Cape Coral
$388,250last 3 months8.1% vs $359,000 prior 3 months
Median closed price by month · Cape Coral
22.1% MoM35.2% YoY
$340k$410k$480kJul ’25Aug ’26
$480,000Aug ’26 · 37 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.