$375,000
3 Bed Pool Home for Sale in Cape Coral
1781 Four Mile Cove Parkway 131, Cape Coral, FL, 33990
About this home
Wake up to breathtaking WATER VIEWS in this beautifully positioned CORNER UNIT WATERFRONT condo offering the Florida boating lifestyle you've been dreaming of! This spacious 3-bedroom, 2-bath residence features a screened balcony overlooking the water, with direct access from the primary suite so you can enjoy your morning coffee or your late night beverage. BOATERS will love the PRIVATE PIER w/BOAT LIFT, GULF ACCESS with NO BRIDGES, and the convenience of a PUBLIC BOAT RAMP just one street away. The condo also includes COVERED PARKING Plus EXTRA STORAGE located right outside your front door. Resort-style amenities include a heated community pool, hot tub, tennis courts, pickleball courts, kayak launch and storage, grilling area, and a large waterfront gazebo/cabana perfect for gathering with friends and neighbors. Ideally located just 10 minutes to Downtown Cape Coral, 15 minutes to Downtown Fort Myers, and only 30 minutes to Fort Myers Beach and Sanibel Island-you'll enjoy easy access to WATERFRONT dining, shopping, entertainment, and world-famous beaches. Whether you're looking for a full-time residence, seasonal retreat, or investment opportunity, this low-maintenance waterfront condo offers exceptional value with low condo fees and the ultimate Southwest Florida lifestyle!!
Property details
- Type
- Condominium
- Year built
- 2004
- Interior
- 1,395 sqft
- Lot size
- 9,875.052 sqft
- Acreage
- 0.23 acres
- Garage
- None
- Days on market
- 31
- Total association fees
- $7,200/yr (~$600/mo)
- CDD
- None
- Est. taxes (1.4%)
- $5,250/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- Impact Windows/Doors
- Exposure
- North
- Waterfront
- Yes
- Gulf access
- Yes
- Gulf access type
- Direct — Gulf frontage
- Pool
- Yes
- Spa
- Yes
- 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 6 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 |
|---|---|---|---|---|---|
| 1781 Four Mile Cove Parkway 121 | Dec 2025 | $329,000 | 3/2 | 1,395 | $236 |
| 1791 Four Mile Cove Parkway 612 | Nov 2025 | $332,000 | 3/2 | 1,330 | $250 |
| 1795 Four Mile Cove Parkway 825 | Nov 2025 | $347,500 | 3/2 | 1,330 | $261 |
| 1795 Four Mile Cove Parkway 831 | Feb 2026 | $334,500 | 3/2 | 1,395 | $240 |
| 1797 Four Mile Cove Parkway 1015 | Feb 2026 | $350,000 | 3/2 | 1,330 | $263 |
| 2134 SE 16th Street | Mar 2026 | $360,000 | 3/3 | 1,585 | $227 |
| Average | 6 comps | $342,167 | $246 |
Market trends, Island Cove of Cape Coral (Pondella)
Live community medians from the MLS · see all listings. Indicative, not an appraisal.
The good, the trade-offs & the location
- Built 2004 — post-2002 Florida wind codes (typically lower insurance)
- Private pool
- Gulf access (Direct — Gulf frontage)
- 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.
Similar homes nearby
Similar communities
Matched by amenities, price tier, and location to Island Cove of Cape Coral (Pondella).
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.