$178,000
2 Bed Waterfront Home for Sale in Terrace
11460 Caravel Circle 5018, Fort Myers, FL, 33908
About this home
This 2 bedroom, 2 full bath condo is located within the community of Cinnamon Cove which is close to Fort Myers Beach and Sanibel Island. It's an ideal property for people who loves to partake in the best of SW Florida. Complete with a new A/C in 2023, water heater in 2024. Roll-down hurricane shutters are installed on windows and securing the screened-in lanai. Cinnamon Cove is an active community and amenities which include: 4 pools, tennis, pickle ball, shuffleboard, bocce ball, fitness center and more. Many community group activities & live music events to participate in.
Property details
- Type
- Condominium
- Year built
- 1989
- Interior
- 1,050 sqft
- Lot size
- 23,282.82 sqft
- Acreage
- 0.53 acres
- Garage
- None
- Days on market
- 104
- Total association fees
- $6,780/yr (~$565/mo)
- CDD
- None
- Est. taxes (1.4%)
- $2,492/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 14 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 |
|---|---|---|---|---|---|
| 11500 Caravel Circle 4024 | Aug 2026 | $200,000 | 2/2 | 1,043 | $192 |
| 11541 Caraway Lane 3188 | Jun 2026 | $200,000 | 2/2 | 1,116 | $179 |
| 11250 Caravel Circle 101 | Nov 2025 | $199,500 | 2/2 | 1,050 | $190 |
| 11250 Caravel Circle 302 | Jul 2026 | $179,000 | 2/2 | 1,050 | $170 |
| 11610 Caravel Circle 104 | Mar 2026 | $195,000 | 2/2 | 944 | $207 |
| 11220 Caravel Circle 202 | May 2026 | $180,000 | 2/2 | 1,050 | $171 |
| Average | 6 comps | $192,250 | $185 |
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 $19,000 (10.6%) from the original list price.
| Aug 18, 2026 | Sold | $160,000 |
| Jun 15, 2026 | Price reducedfrom $179,000 | $178,000 |
| Apr 9, 2026 | Listed | $179,000 |
The good, the trade-offs & the location
- Waterfront
- Storm protection: Shutters
- Built 1989 — 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.