3 Bed Waterfront Home for Sale in Cape Coral
1 / 21
▶ View Virtual Tour
SoldMLS# 2025025566

$279,000

3 Bed Waterfront Home for Sale in Cape Coral

1781 Four Mile Cove Parkway 145, Cape Coral, FL, 33990

3 beds2 baths1,330 sqft
GatedPickleballTennisClubhouseCommunity PoolBoatingWaterfront

About this home

Boater’s dream condo with direct Gulf access and no bridges! TOP FLOOR WITH HIGHER CEILINGS! Enjoy 9-foot ceilings throughout with added height in the tray ceilings, creating an airy, elevated feel. This 3-bedroom, 2-bath residence features an open layout with a bright kitchen, pantry, and breakfast nook. The owner’s suite offers lanai access and a spacious walk-in shower, while the guest bedrooms and bath provide comfortable privacy for visitors. Step onto the screened balcony and start your mornings overlooking the calm canal. Enjoy peace of mind with hurricane-impact windows and roofs replaced in 2024. Island Cove offers an active waterfront lifestyle with entertainment, a heated pool and hot tub, tennis and pickleball courts, clubhouse/community room, walking paths, and plenty of dock space to enjoy the canals. Boat slips and lifts may be available for purchase. This unit comes TURNKEY!

Property details

Type
Condominium
Year built
2004
Interior
1,330 sqft
Lot size
Not specified
Acreage
Not specified
Garage
None
Days on market
210
Total association fees
$7,200/yr (~$600/mo)
CDD
None
Est. taxes (1.4%)
$3,906/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
None listed
Exposure
North
Waterfront
Yes
Gulf access
Yes
Gulf access type
Direct — no bridges
Pool
No
Spa
No
Natural gas
No
Water
Assessment Paid
Sewer
Assessment Paid
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

AssociationManagementCableTvInsuranceLegalAccountingMaintenanceGroundsPestControlRecreationFacilitiesReserveFundRoadMaintenanceStreetLightsSecurityTrashWater

What the association dues cover, per the MLS. Confirm the full schedule with the HOA.

Amenities

ClubhouseBarbecuePicnicAreaPierPickleballPoolSpaHotTubSidewalksTennisCourtsTrashManagement

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
$210/sqft
Comp median
$226/sqft
Difference
-7%

Based on the $/sqft of 6 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.

Seeing several homes? Build a tour and we'll route it for you.

Your notes on this home

Keep private notes on this home, what you love, what to ask about, saved to your account and shared with your agent.

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
1783 Four Mile Cove Parkway 212Jul 2026$279,9003/21,330$210
1785 Four Mile Cove Parkway 342May 2026$309,9003/21,330$233
1789 Four Mile Cove Parkway 514Aug 2026$280,0002/21,226$228
1789 Four Mile Cove Parkway 525May 2026$250,0003/21,330$188
1791 Four Mile Cove Parkway 644Nov 2025$275,0002/21,226$224
1793 Four Mile Cove Parkway 733Dec 2025$310,0002/21,226$253
Average6 comps$284,133$223

Market trends, Island Cove of Cape Coral (Pondella)

Median list
$375,000
Median $/sqft
$256
Median sold (90d)
$395,000
Avg days on market
80
Active listings
29
Median sold price · Island Cove of Cape Coral (Pondella)
$395,000last 3 months14.5% vs $345,000 prior 3 months

Live community medians from the MLS · see all listings. Indicative, not an appraisal.

Price & status history

Down $55,000 (17.5%) from the original list price.

Aug 12, 2026Sold$260,000
May 21, 2026Price reducedfrom $299,000$279,000
Dec 26, 2025Listed$315,000

The good, the trade-offs & the location

Pros
  • Built 2004 — post-2002 Florida wind codes (typically lower insurance)
  • Gulf access (Direct — no bridges)
Consider
  • In a higher-risk flood zone (AE) — flood insurance likely required
  • No garage listed
Location convenienceHigh
Hospital
1.1 mi
Cape Coral Hospital
Beach
11.7 mi
Fort Myers Beach
Airport
5 mi
Page Field (Fort Myers)
Shopping
2.1 mi
Coralwood / Merchants Crossing (Cape)

Straight-line distances to major SWFL amenities, approximate; actual drive times vary.

Loading map…

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.