3 Bed 2 Bath SingleFamilyResidence for Sale in CAPE CORAL, FL
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SoldMLS# 225044447

$325,000

3 Bed 2 Bath SingleFamilyResidence for Sale in CAPE CORAL, FL

240 El Dorado Parkway, Cape Coral, FL, 33914

3 beds2 baths1,681 sqft1 garage
Gated

About this home

Welcome to your beautifully updated 3 bed, 2 bath home that backs up to Rotary Park. Situated on a quiet and peaceful location in the Tarpon Point neighborhood, this spacious and bright home offers nearly 1,700 square feet of living space, not including the large, screened-in lanai. With two separate living areas, a great size dining area in addition to the island seating, light and modern granite in the kitchen and baths, tile throughout, stainless appliances, and all new light fixtures, there's truly nothing to do but move in and enjoy one of the largest, most lush, green lawns in the Cape. Agents, please read confidential remarks.

Property details

Type
SingleFamilyResidence
Year built
1969
Interior
1,681 sqft
Lot size
11,848.32 sqft
Acreage
0.27 acres
Garage
1 car
Days on market
37
Total association fees
None
CDD
None
Est. taxes (1.4%)
$4,550/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
Impact Windows/Doors
Exposure
South
Waterfront
No
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
Yes
County
Lee

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.

Below marketThis home is priced below comparable recent sales — a potential value.
This home
$193/sqft
Comp median
$225/sqft
Difference
-14%

Based on the $/sqft of 5 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.

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Your notes on this home

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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
721 SW 56th StreetDec 2025$325,0003/21,848$176
726 SW 51st TerraceJan 2026$350,0003/21,553$225
5279 Stratford CourtJun 2026$355,0002/21,532$232
237 SW 48th TerraceDec 2025$290,0003/21,755$165
227 SW 48th TerraceDec 2025$405,0003/21,670$243
Average5 comps$345,000$208

Market trends — Cape Coral

Median list
$399,999
Median $/sqft
$234
Median sold (90d)
$384,900
Avg days on market
94
Active listings
2,509
Median sold price · Cape Coral
$382,000last 3 months7% vs $356,900 prior 3 months
Median closed price by month · Cape Coral
2.6% MoM11.3% YoY
$340k$368k$395kJul ’25Jul ’26
$395,000Jul ’26 · 316 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 $25,000 (7.7%) from the original list price.

Aug 1, 2025Sold$300,000
May 14, 2025Listed$325,000

The good, the trade-offs & the location

Pros
  • Storm protection: Impact Windows/Doors
Consider
  • Built 1969 — 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
5.9 mi
HealthPark Medical Center
Beach
6.9 mi
Fort Myers Beach
Airport
7.7 mi
Page Field (Fort Myers)
Shopping
6.8 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.