$185,000
2 Bed Waterfront Home for Sale in Coralair
4940 Vincennes Street 204, Cape Coral, FL, 33904
About this home
WELCOME TO THE CAPE CORAL WATERFRONT LIFESTYLE! Discover Coralair, an established 55+ waterfront community in the heart of South Cape, where boating, beautiful water views and an exciting location come together. This turnkey 2-bedroom, 2-bath second-floor condo offers a comfortable open layout, eat-in kitchen and a private screened balcony overlooking beautiful intersecting canal views. Start your morning with coffee overlooking the water, enjoy the afternoon breeze, and watch the boats cruise by from your own piece of paradise. BOATERS, THIS ONE IS FOR YOU! Coralair offers plenty of first-come, first-served community boat dockage with NO additional dockage fee. Keep your boat close to home and enjoy Gulf-access boating toward the Caloosahatchee River and beyond. No boat? Grab your fishing pole and enjoy great fishing right from the community dock. When you're not on the water, relax around the heated waterfront pool and sundeck, spend time with neighbors in one of the two social rooms, or simply enjoy the laid-back atmosphere of this active 55+ waterfront community. And then there’s the LOCATION! You're just minutes from the restaurants, live music, entertainment, shopping and events of the South Cape entertainment district. Leave the car at home, grab an Uber or Lyft, enjoy dinner and an evening out, and come home to your waterfront retreat. With low HOA fees, turnkey furnishings, intersecting canal views, Gulf access, no-fee community dockage and a motivated seller, this is an opportunity to enjoy so much of what makes Cape Coral living special. Boating by day. South Cape by night. Bring your suitcase. Bring your boat. Your Florida waterfront lifestyle is waiting!
Property details
- Type
- Condominium
- Year built
- 1971
- Interior
- 996 sqft
- Lot size
- 11,865.744 sqft
- Acreage
- 0.27 acres
- Garage
- None
- Days on market
- 0
- Total association fees
- $7,500/yr (~$625/mo)
- CDD
- None
- Est. taxes (1.4%)
- $2,590/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- None listed
- Exposure
- East
- 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
- 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
What the association dues cover, per the MLS. Confirm the full schedule with the HOA.
Amenities
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.
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.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 4928 Vincennes Street C5 | Aug 2026 | $190,000 | 2/2 | 1,065 | $178 |
| 4910 Viceroy Street 7 | Jun 2026 | $175,000 | 2/2 | 1,020 | $172 |
| 5205 Wilmington Court | Sep 2025 | $195,000 | 2/1 | 942 | $207 |
| Average | 3 comps | $186,667 | $186 |
Market trends, Cape Coral
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
- Waterfront
- 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
Straight-line distances to major SWFL amenities, approximate; actual drive times vary.
Nearby schools
Get more information on their programs, scores, and extracurriculars on each school's page · browse the full schools directory.
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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.