2 Bed Waterfront Home for Sale in Cape Coral
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For SaleMLS# 226004638

$267,000

2 Bed Waterfront Home for Sale in Cape Coral

1706 Bikini Court 202, Cape Coral, FL, 33904

2 beds2 baths1,200 sqft1 garage
BoatingCommunity PoolWaterfront

About this home

REDUCED PRICING! Come see this stunning waterfront condo! You don’t want to miss this beautifully updated second-story condo located directly on the water, with easy access to the Gulf of Mexico and the river. This 2-bedroom, 2-bathroom unit features a modern split floor plan, tile flooring, a chef’s kitchen with white cabinets, granite countertops, and stainless appliances (new in 2021). The master suite offers a spacious walk-in closet and a tiled walk-in shower, while the guest bedroom and bathroom are equally inviting. Recent upgrades include a new roof (2023), water heater (2023), and an upgraded AC (2025). The unit was re-piped in 2013 and comes with hurricane shutters for added security. Unit also has a detached one car garage! Boat slips are available on a first-come, first-serve basis, making this the ultimate spot to enjoy the Florida lifestyle. It’s move-in ready and within walking distance to historic downtown Cape Coral, shopping, and restaurants. Cape Coral holiday fireworks can be seen from front balcony too. Don’t miss out on this cozy, waterfront retreat!

Property details

Type
Condominium
Year built
1978
Interior
1,200 sqft
Lot size
Not specified
Acreage
Not specified
Garage
1 car
Days on market
202
Total association fees
$6,000/yr (~$500/mo)
CDD
None
Est. taxes (1.4%)
$3,738/yr
Flood zone (area est.)
Yes · High risk (AE)
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

InsuranceMaintenanceGroundsPestControlTrash

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

Amenities

BarbecuePicnicAreaPoolBoatSlip

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
$223/sqft
Comp median
$206/sqft
Difference
+8%

Based on the $/sqft of 4 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
1714 Bikini Court 104Apr 2026$275,0002/21,050$262
1730 Sandy Circle 105Jul 2026$239,0002/21,218$196
4703 SE 17th Place 105Sep 2025$251,5002/21,302$193
1715 SE 46th Lane 3Jan 2026$270,0002/21,251$216
Average4 comps$258,875$217

Market trends, Cape Coral

Median list
$399,000
Median $/sqft
$233
Median sold (90d)
$385,000
Avg days on market
94
Active listings
2,460
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% MoM7% YoY
$340k$365k$390kJul ’25Aug ’26
$380,000Aug ’26 · 444 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 $42,000 (13.6%) from the original list price.

Jul 22, 2026Price reducedfrom $277,700$267,000
Feb 4, 2026Listed$309,000

The good, the trade-offs & the location

Pros
  • Waterfront
Consider
  • Built 1978 — pre-2002 construction may carry older wind codes and higher insurance
  • In a higher-risk flood zone (AE) — flood insurance likely required
Location convenienceHigh
Hospital
4.2 mi
HealthPark Medical Center
Beach
7.6 mi
Fort Myers Beach
Airport
5.2 mi
Page Field (Fort Myers)
Shopping
4.4 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.