$369,000
3 Bed Waterfront Home for Sale in Cape Coral
1204 El Dorado Parkway 102, Cape Coral, FL, 33914
About this home
Welcome to waterfront living in one of SW Cape Coral’s most desirable boating communities. This beautifully updated 3-bedroom, 2-bath Gulf-access condo combines the convenience of condominium living with features that are difficult to find together: with 1,562 square feet of living space, an attached one-car garage, assigned dock, & boat lift. Step inside to a bright, refreshed interior designed for easy Florida living. Large tile runs throughout the home with no carpet, complemented by fresh interior paint, new baseboards, new doors, & an updated HVAC system. The remodeled kitchen features quartz countertops, soft-close cabinetry, stainless steel appliances, & pendant lighting, while updated bathroom vanities complete the home’s clean, modern look. The spacious living & dining areas open to a screened, tiled lanai with southern exposure, creating an ideal place to enjoy morning coffee, afternoon sunshine, or evenings overlooking the water. One of the highlights of this property is its location along an approximately 200-foot-wide canal, providing an impressive sense of space & beautiful views across & down the waterway. Bring the boat! Your assigned dock & boat lift are conveniently located just behind the residence, putting Gulf-access boating right outside your door. Spend the day cruising Southwest Florida’s waterways, visiting waterfront restaurants, fishing, or heading toward open water without having to trailer or store your boat elsewhere. Another major advantage is the private attached one-car garage, providing secure parking along with valuable additional storage for boating gear or beach equipment. Capstan II offers residents a heated community pool & clubhouse & has recently undergone several exterior improvements, including a new roof, exterior painting, updated landscaping, & a new dock currently being installed. The location puts you in the heart of SW Cape Coral’s waterfront lifestyle. All of the shopping and dining just a short drive away! Whether you are looking for a full-time waterfront residence, seasonal Florida getaway, or second home with boating access, this property offers an uncommon combination of space, location, garage parking, and direct access to the water.
Property details
- Type
- Condominium
- Year built
- 1988
- Interior
- 1,562 sqft
- Lot size
- 5,140.08 sqft
- Acreage
- 0.12 acres
- Garage
- 1 car
- Days on market
- 0
- Total association fees
- $12,000/yr (~$1,000/mo)
- CDD
- None
- Est. taxes (1.4%)
- $5,166/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- None listed
- Exposure
- South
- 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
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 5 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 |
|---|---|---|---|---|---|
| 912 SW 54th Lane | Aug 2026 | $360,000 | 3/2 | 1,680 | $214 |
| 818 El Dorado Parkway | Aug 2026 | $389,900 | 3/2 | 1,579 | $247 |
| 805 SW 52nd Street | Aug 2026 | $400,000 | 3/2 | 1,451 | $276 |
| 726 SW 51st Terrace | Jan 2026 | $350,000 | 3/2 | 1,553 | $225 |
| 1522 SW 49th Street | May 2026 | $359,000 | 3/2 | 1,512 | $237 |
| Average | 5 comps | $371,780 | $240 |
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.
The good, the trade-offs & the location
- Gulf access (Direct — no bridges)
- Built 1988 — pre-2002 construction may carry older wind codes and higher insurance
- In a higher-risk flood zone (AE) — flood insurance likely required
- Higher association fees (~$12,000/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.