$219,000
2 Bed 2.5 Bath Waterfront Condominium for Sale in PALM GROVE SUBD, FL
1102 SE 39th Terrace 108, Cape Coral, FL, 33904
About this home
Welcome to this spacious Gulf Access two-story townhouse featuring 2 bedrooms and 2.5 bathrooms, two boat lifts first come first serve, conveniently located in Southeast Cape Coral for quick access to dining, shopping, entertainment, and easy routes to Fort Myers, the beaches, airports, and schools. Upstairs, you’ll find two generous master bedrooms, each with full ensuite bathrooms, providing ample privacy. The first floor boasts a half bath for guests, along with a washer/dryer located in the attached one-car garage. Enjoy serene views of the canal from both screened-in lanais, enhancing your outdoor experience. The open-concept design of the first floor is perfect for entertaining, allowing guests to take in the beautiful scenery. The kitchen features granite countertops, a newer stainless steel dishwasher, wood cabinetry, and a breakfast bar with stools. Step out onto the first-floor lanai, where you'll find direct access to the pool, a comfortable seating area, with amazing south exposure watching the sunrise and sunset. Both lanais offer accordion roll-down manual hurricane shutters for added protection. Experience the Florida lifestyle with this waterfront condo, just one bridge away from the river by boat. There are no HOA assessments due from Hurricanes, no flooding or water damage, and the building has recently received a brand new metal roof along with a refurbished pool and community grill area. Don’t miss out on this incredible opportunity!
Property details
- Type
- Condominium
- Year built
- 1982
- Interior
- 1,439 sqft
- Lot size
- 8,468.064 sqft
- Acreage
- 0.19 acres
- Garage
- 1 car
- Days on market
- 302
- Total association fees
- $8,712/yr (~$726/mo)
- CDD
- None
- Est. taxes (1.4%)
- $3,066/yr
- Flood zone (area est.)
- No · Low risk (X)
- Storm protection
- None listed
- Exposure
- South
- 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
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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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.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 1102 SE 39th Terrace 103 | Sep 2025 | $212,500 | 2/2 | 1,422 | $149 |
| 4026 SE 12th Avenue 208 | Apr 2026 | $235,000 | 2/2 | 1,380 | $170 |
| 3631 SE 10th Avenue 103 | Nov 2025 | $240,000 | 2/2 | 1,402 | $171 |
| Average | 3 comps | $229,167 | $163 |
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.
Price & status history
Down $89,000 (30.8%) from the original list price.
| Nov 26, 2025 | Sold | $200,000 |
| Aug 18, 2025 | Price reducedfrom $229,000 | $219,000 |
| Jan 4, 2025 | Listed | $289,000 |
The good, the trade-offs & the location
- Lower flood risk (zone X)
- Waterfront
- Built 1982 — pre-2002 construction may carry older wind codes and higher insurance
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.