$175,000
2 Bed Waterfront Home for Sale in Terrace, FL, $175,000
11220 Caravel Circle 203, Fort Myers, FL, 33908
About this home
Here is a terrific opportunity to have a great place right near the beaches and convenient to shopping, restaurants and Love Boat Ice Cream!!! Welcome to the gated, Cinnamon Cove in the Terrace condominiums. This two bedroom, two bathroom property is on the second floor (elevator just a few steps away), is fully furnished and ready for you to enjoy! Offers nice views to the big lake from the master bedroom and enclosed lanai -perfect! Some may choose to take this unit and do a full redo. It's ready for your elegant choices! SELLER does want this property sold sooner than later, don't be shy with your offers.
Property details
- Type
- Condominium
- Year built
- 1986
- Interior
- 1,050 sqft
- Lot size
- 19,554.084 sqft
- Acreage
- 0.45 acres
- Garage
- None
- Days on market
- 0
- Total association fees
- $6,780/yr (~$565/mo)
- CDD
- None
- Est. taxes (1.4%)
- $2,450/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- None listed
- Exposure
- North
- 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 |
|---|---|---|---|---|---|
| 11220 Caravel Circle 202 | May 2026 | $180,000 | 2/2 | 1,050 | $171 |
| 11220 Caravel Circle 110 | Jun 2026 | $184,000 | 2/2 | 1,050 | $175 |
| 11250 Caravel Circle 302 | Jul 2026 | $179,000 | 2/2 | 1,050 | $170 |
| 11250 Caravel Circle 101 | Nov 2025 | $199,500 | 2/2 | 1,050 | $190 |
| 16521 Bayleaf Lane 64 | Dec 2025 | $192,500 | 2/2 | 914 | $211 |
| 11610 Caravel Circle 104 | Mar 2026 | $195,000 | 2/2 | 944 | $207 |
| Average | 6 comps | $188,333 | $187 |
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.
The good, the trade-offs & the location
- Waterfront
- Built 1986 — 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.