$325,000
3 Bed 2 Bath SingleFamilyResidence for Sale in CAPE CORAL, FL
240 El Dorado Parkway, Cape Coral, FL, 33914
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.
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.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 721 SW 56th Street | Dec 2025 | $325,000 | 3/2 | 1,848 | $176 |
| 726 SW 51st Terrace | Jan 2026 | $350,000 | 3/2 | 1,553 | $225 |
| 5279 Stratford Court | Jun 2026 | $355,000 | 2/2 | 1,532 | $232 |
| 237 SW 48th Terrace | Dec 2025 | $290,000 | 3/2 | 1,755 | $165 |
| 227 SW 48th Terrace | Dec 2025 | $405,000 | 3/2 | 1,670 | $243 |
| Average | 5 comps | $345,000 | $208 |
Market trends — Cape Coral
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, 2025 | Sold | $300,000 |
| May 14, 2025 | Listed | $325,000 |
The good, the trade-offs & the location
- Storm protection: Impact Windows/Doors
- Built 1969 — pre-2002 construction may carry older wind codes and higher insurance
- In a higher-risk flood zone (AE) — flood insurance likely required
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.