$219,999
2 Bed Waterfront Home for Sale in Terrace
11500 Caravel Circle 4024, Fort Myers, FL, 33908
About this home
THIS VIEW!!!Stunning is the only way to describe it—come see for yourself! Move right in and start enjoying everything this beautiful top floor, end unit condo has to offer. Two bedrooms and two full bathrooms. The primary suite features an ensuite bath and shares those same incredible views, while even the guest bedroom gets a view of the lake view! Open the sliders to the fully screened lanai and let the outside in—perfect for relaxing and taking it all in. The split floor plan offers privacy for you and your guests. Located on the 3rd floor and suffered no damage from Ian, enjoy added peace of mind with no flooding concerns, plus elevator access for convenience. You’ll also have a front-row covered parking space and additional ground-level storage—perfect for golf clubs, bikes, or beach gear. THIS COMMUNITY!!! Cinnamon Cove is one of South Fort Myers’ most sought-after gated communities — and for good reason. From multiple heated pools and a vibrant clubhouse to tennis, pickleball, bocce, and a full social calendar, there’s always something to enjoy. Surrounded by scenic lakes and walking paths and just minutes to Fort Myers Beach and Sanibel, this is the Florida lifestyle buyers are looking for.
Property details
- Type
- Condominium
- Year built
- 1990
- Interior
- 1,043 sqft
- Lot size
- Not specified
- Acreage
- Not specified
- Garage
- None
- Days on market
- 118
- Total association fees
- $6,800/yr (~$567/mo)
- CDD
- None
- Est. taxes (1.4%)
- $3,080/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- Shutters
- Exposure
- West
- Waterfront
- Yes
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- No
- Spa
- No
- Natural gas
- No
- Water
- Public
- Sewer
- Public Sewer
- 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 18 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 |
|---|---|---|---|---|---|
| 11537 Caravel Circle 3240 | Jul 2026 | $225,000 | 2/2 | 1,224 | $184 |
| 16550 Ginger Lane 3229 | Jul 2026 | $230,000 | 2/2 | 982 | $234 |
| 16550 Ginger Lane 3228 | Dec 2025 | $240,000 | 2/2 | 1,112 | $216 |
| 16540 Ginger Lane 3197 | Feb 2026 | $245,000 | 2/2 | 1,116 | $220 |
| 11570 Caravel Circle 2022 | Dec 2025 | $210,000 | 2/2 | 1,050 | $200 |
| 11671 Caraway Lane 3156 | Jul 2026 | $220,000 | 2/2 | 930 | $237 |
| Average | 6 comps | $228,333 | $215 |
Market trends, Fort Myers
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 $49,900 (20%) from the original list price.
| Aug 11, 2026 | Sold | $200,000 |
| Jul 12, 2026 | Price reducedfrom $237,700 | $219,999 |
| Mar 26, 2026 | Listed | $249,900 |
The good, the trade-offs & the location
- Waterfront
- Storm protection: Shutters
- Built 1990 — 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
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.