$915,000
3 Bed Waterfront Home for Sale in Cape Coral
1640 Beach Parkway 301, Cape Coral, FL, 33904
About this home
ELEGANT PENTHOUSE – The 3,497 sq ft south facing Beach Bay Villas Condominium sits along the 200’ wide Orchid Canal w/ quick direct access to the Caloosahatchee River. In the heart of Cape Coral, this stunning 3 bedroom + den, 3.5 bathroom penthouse easily blends comfort, style, and coastal living. Just steps from the reimagined Jaycees Park which is set to reopen in late 2025+/-. This vibrant neighborhood has wide sidewalks, designated bike lanes and is located between the Caloosahatchee and the Midpoint Bridge. Double doors and a grand foyer invite you into this home with its soaring 12’ ceilings. It's open-grandroom design provides a spacious living area, abundant natural light, and a seamless flow of interior and exterior space. It boasts two dining areas, living area, open kitchen with pantry and wet bar. The chef’s kitchen and the wet bar areas feature beautiful dark wood cabinetry with granite countertops and SS appliances. The wet bar includes a wine chiller, ice maker and beverage refrigerator. The perfect place to entertain or relax with friends and family. The grand primary suite is a tranquil retreat, with sliding glass doors that open onto the enormous lanai. It has a tray ceiling and is complemented by a spa inspired bathroom, with a walk-in shower, dual shower heads, a corner jacuzzi tub, linen closet, dual sinks plus makeup vanity and a separate toilet area. Two generous closets with built-ins complete the space. Two oversized guest bedrooms with ensuites have dual sinks, large linen closets and separate toilet areas. A convenient guest half-bath has a linen closet. A screened wraparound lanai faces both east and south. It’s the ideal spot to enjoy your morning coffee, dive into a good book or just bask in the view. It is under truss and provides added security against the elements with the electric roll-down fabric hurricane shutters. Ceiling fans are throughout the home controlling the indoor/outdoor lifestyle while offering a relaxing space to unwind and enjoy the great year-round weather. The bright large laundry room has plenty of storage and a clean look with white cabinetry and formica countertops and laundry sink. A closet hides the Pelican water purification system as well as the tankless water heater that never has a short supply of hot water. Tile throughout. Impact resistant windows and doors. Whole house surge protector. 2020 AC units. A central elevator services the 8 units. A storage closet is located in the parking garage. Common areas include the community boat dock, heated pool and spa and a Weber gas grill. There is a designated boat slip with a 16,500 lb lift with stairs that will hold up to a 39’ boat and a Gem Remote. This highly sought after residence is a peaceful oasis in the midst of this active community, close to the beach, lots of dining choices, parks, shopping and all the appeal this picturesque community has to offer. Whether you are a year-round or seasonal resident this home is perfect.
Property details
- Type
- Condominium
- Year built
- 2005
- Interior
- 3,497 sqft
- Lot size
- 4,090.284 sqft
- Acreage
- 0.09 acres
- Garage
- 1 car
- Days on market
- 325
- Total association fees
- $15,940/yr (~$1,328/mo)
- CDD
- None
- Est. taxes (1.4%)
- $12,810/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- Impact Windows/Doors, Shutters
- Exposure
- South
- Waterfront
- Yes
- Gulf access
- Yes
- Gulf access type
- Direct — no bridges
- Pool
- No
- Spa
- No
- Natural gas
- No
- Water
- Public
- Sewer
- Public Sewer
- 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.
We rate a home against recently SOLD homes within ~1 mile that match on size, beds/baths, and age. This home doesn't have enough close comparables in the last 12 months for a reliable read, ask Rick for a personalized CMA.
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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 $10,000 (1.1%) from the original list price.
| Apr 24, 2026 | Back on market | |
| Mar 6, 2026 | Price reducedfrom $925,000 | $915,000 |
| Oct 3, 2025 | Listed | $925,000 |
The good, the trade-offs & the location
- Built 2005 — post-2002 Florida wind codes (typically lower insurance)
- Gulf access (Direct — no bridges)
- Storm protection: Impact Windows/Doors, Shutters
- In a higher-risk flood zone (AE) — flood insurance likely required
- Higher association fees (~$15,940/yr)
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.