3 Bed Waterfront Home for Sale in Cape Coral
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SoldMLS# 2026024966

$279,000

3 Bed Waterfront Home for Sale in Cape Coral

1791 Four Mile Cove Parkway 625, Cape Coral, FL, 33990

3 beds2 baths1,330 sqft
PickleballTennisClubhouseCommunity PoolBoatingWaterfront

About this home

Beautiful second floor condo in a gated boating community with direct sailboat access to the river, feels like a haven for water enthusiasts. Imagine the serene mornings on the screened lanai overlooking the eco preserve-a perfect setting for unwinding. The recent upgrades, including the new tile flooring, updated kitchen cabinets, fresh carpet, and an HVAC system still under warranty. A large master bedroom with ensuite also has access to lanai. Plus, features like tray ceilings, impact windows, and a large laundry room with ample storage are definite practical bonuses. And then there are those community perks—pickleball/tennis courts, pool/hot tub, BBQ areas, and a scenic walking path that circles around the whole community—ideal for relaxation and recreation. Boat slips are available to purchase or rent through the community or fellow owners. Also a pet friendly community with no size restrictions. Motivated Sellers- so schedule your showing today.

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
70
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
South
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

AssociationManagementIrrigationWaterMaintenanceGroundsPestControlRoadMaintenanceStreetLightsTrash

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

Amenities

BikeStorageClubhouseBarbecuePicnicAreaPickleballPoolShuffleboardCourtSpaHotTubSidewalksTennisCourtsTrash

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.

At marketThis home is priced in line with comparable recent sales.
This home
$210/sqft
Comp median
$224/sqft
Difference
-6%

Based on the $/sqft of 7 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.

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

Market trends, Island Cove of Cape Coral (Pondella)

Median list
$375,000
Median $/sqft
$253
Median sold (90d)
$341,200
Avg days on market
78
Active listings
35
Median sold price · Island Cove of Cape Coral (Pondella)
$341,200last 3 months5.2% vs $360,000 prior 3 months

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

Price & status history

Down $18,000 (6.5%) from the original list price.

Aug 31, 2026Sold$261,000
Jun 8, 2026Listed$279,000

The good, the trade-offs & the location

Pros
  • Built 2004 — post-2002 Florida wind codes (typically lower insurance)
  • Waterfront
  • Storm protection: Impact Windows/Doors
Consider
  • In a higher-risk flood zone (AE) — flood insurance likely required
  • No garage listed
Location convenienceHigh
Hospital
1.2 mi
Cape Coral Hospital
Beach
11.7 mi
Fort Myers Beach
Airport
4.8 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.

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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.