$279,000
3 Bed 2 Bath Waterfront Condominium for Sale in ISLAND COVE OF CAPE CORAL, FL
1789 Four Mile Cove Parkway 525, Cape Coral, FL, 33990
About this home
Discover the ultimate Florida waterfront Lifestyle in this TURNKEY three-bedroom, two-bath canal-front condo offering direct Gulf access with no bridges ~ A true boater’s dream! Filled with natural light, this spacious residence features tile & laminate flooring throughout, a bright kitchen with granite countertops, newer stainless steel appliances, and a screened-in lanai perfect for morning coffee or evening wine while enjoying peaceful water views. The unit includes an in-residence washer & dryer, extra storage, a new water heater, new washer and dryer (2024), A/C replaced in 2021, and a newer roof. Flood insurance is covered by the dues, and the association has strong financials and reserves. Residents enjoy a heated pool, hot tub, tennis and pickleball courts, a community room, ice machine for filling coolers, kayak racks and plenty of dock space, with boat lifts available for rent. Bike racks are available for storage, extra exterior storage closets and a covered carport! Ideally located near shopping, dining, entertainment, and beaches, this move-in-ready condo offers everything you need for relaxed waterfront living.
Property details
- Type
- Condominium
- Year built
- 2004
- Interior
- 1,330 sqft
- Lot size
- 9,879.408 sqft
- Acreage
- 0.23 acres
- Garage
- None
- Days on market
- 66
- 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
- Impact Windows/Doors
- Exposure
- North
- Waterfront
- Yes
- 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
- 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 4 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 |
|---|---|---|---|---|---|
| 1791 Four Mile Cove Parkway 644 | Nov 2025 | $275,000 | 2/2 | 1,226 | $224 |
| 1785 Four Mile Cove Parkway 342 | May 2026 | $309,900 | 3/2 | 1,330 | $233 |
| 1793 Four Mile Cove Parkway 733 | Dec 2025 | $310,000 | 2/2 | 1,226 | $253 |
| 1783 Four Mile Cove Parkway 212 | Jul 2026 | $279,900 | 3/2 | 1,330 | $210 |
| Average | 4 comps | $293,700 | $230 |
Market trends — Island Cove of Cape Coral (Pondella)
Live community medians from the MLS · see all listings. Indicative, not an appraisal.
Price & status history
Down $49,000 (16.4%) from the original list price.
| May 22, 2026 | Sold | $250,000 |
| Apr 26, 2026 | Price reducedfrom $289,000 | $279,000 |
| Feb 24, 2026 | Listed | $299,000 |
The good, the trade-offs & the location
- Built 2004 — post-2002 Florida wind codes (typically lower insurance)
- Waterfront
- Storm protection: Impact Windows/Doors
- 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.