$229,900
2 Bed Waterfront Home for Sale in Terrace
11220 Caravel Circle 308, Fort Myers, FL, 33908
About this home
Discover the comfort and convenience of third-floor living at Cinnamon Cove, ideally located just minutes from Fort Myers Beach and the beautiful beaches of Sanibel Island. This 2-bedroom, 2-bathroom condo offers a comfortable, functional layout and a tiled screened lanai with an elevated outlook across the landscaped community grounds, mature trees, and lake view. The upper-floor setting provides added privacy, while hurricane shutters throughout offer additional protection and peace of mind. The kitchen features granite countertops, white cabinetry, ample counter space, and plantation shutters, with additional plantation shutters in the guest bedroom. The condo has a comfortable, welcoming feel as it stands today, while still offering plenty of opportunity to add your own style over time. Covered parking and private storage add everyday convenience. Cinnamon Cove offers a variety of amenities and recreational options, including tennis, bocce, shuffleboard, a fitness room, clubhouse, billiards, and more. With Fort Myers Beach, Sanibel Island, shopping, dining, and recreation all within easy reach, the location puts some of Southwest Florida’s best coastal destinations close to home while maintaining the tucked-away residential setting that makes Cinnamon Cove an appealing choice for year-round living or a seasonal retreat.
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
- $6,684/yr (~$557/mo)
- CDD
- None
- Est. taxes (1.4%)
- $3,219/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- None listed
- Exposure
- East
- 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 19 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 302 | Jul 2026 | $249,900 | 2/2 | 1,050 | $238 |
| 11250 Caravel Circle 101 | Nov 2025 | $199,500 | 2/2 | 1,050 | $190 |
| 16521 Bayleaf Lane 69 | Aug 2026 | $225,000 | 2/2 | 920 | $245 |
| 11500 Caravel Circle 4024 | Aug 2026 | $200,000 | 2/2 | 1,043 | $192 |
| 11570 Caravel Circle 2022 | Dec 2025 | $210,000 | 2/2 | 1,050 | $200 |
| 11761 Caraway Lane 141 | May 2026 | $210,000 | 2/2 | 929 | $226 |
| Average | 6 comps | $215,733 | $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.
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.