3 Bed Waterfront Home for Sale in Cape Coral
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For SaleMLS# 2026037310

$399,900

3 Bed Waterfront Home for Sale in Cape Coral

4041 SE 11th Place 207, Cape Coral, FL, 33904

3 beds2 baths1,280 sqft
Community PoolBoatingWaterfront

About this home

Located at the intersection of the Raven and Rubicon canals has a deeded boat slip with lift! There is only one bridge (at Del Prado) and is a 10-15 minute in no wake zone to the Caloosahatchee River. This rarely available three bedroom, 2 bath second floor boasts vaulted ceilings and split bedroom plan. Palm Vista Condominium has only 14 units and #207 is a stand alone building with just the unit below sharing the building. The boat lift is just steps away from the unit with a boat storage box at the foot of the staircase. The unit is being sold by the original owners and has tile floors throughout. The AC was replaced in 2021 and the hot water heater in 2023. The roof and spa were both replaced in 2025 and the seawall was replaced in 2019. This low density community offers a community pool, spa, BBQ area and 2 docks with Tiki huts. Flood insurance is not required and has never flooded. The association is well managed and is financially sound. Palm Vista located a the end of SE 11th Place, offers the finest that Cape Coral has to offer with a convenient location, boating access and a relaxed private atmosphere. Please schedule a showing today!

Property details

Type
Condominium
Year built
2001
Interior
1,280 sqft
Lot size
1,537.668 sqft
Acreage
0.04 acres
Garage
None
Days on market
0
Total association fees
$7,500/yr (~$625/mo)
CDD
None
Est. taxes (1.4%)
$5,599/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
None listed
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

InsuranceIrrigationWaterLegalAccountingPestControlReserveFundTrashWater

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

Amenities

BarbecuePicnicAreaPoolSpaHotTubStorageManagement

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
$312/sqft
Comp median
$297/sqft
Difference
+5%

Based on the $/sqft of 15 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.

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Your notes on this home

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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
4041 SE 11th Place 104Apr 2026$300,0003/21,280$234
4041 SE 11th Place 105Feb 2026$320,0003/21,280$250
4115 SE 10th PlaceJul 2026$381,1503/21,462$261
1322 SE 42nd StreetFeb 2026$435,0003/21,393$312
3802 SE 12th AvenueApr 2026$497,6903/21,459$341
4116 Country Club BoulevardMay 2026$330,0003/21,370$241
Average6 comps$377,307$273

Market trends, Cape Coral

Median list
$399,000
Median $/sqft
$233
Median sold (90d)
$385,000
Avg days on market
92
Active listings
2,484
Median sold price · Cape Coral
$384,999last 3 months6.9% vs $360,000 prior 3 months
Median closed price by month · Cape Coral
2.6% MoM5.7% YoY
$340k$365k$390kJul ’25Sep ’26
$369,990Sep ’26 · 53 sales

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

Pros
  • Waterfront
Consider
  • Built 2001 — pre-2002 construction may carry older wind codes and higher insurance
  • In a higher-risk flood zone (AE) — flood insurance likely required
  • No garage listed
Location convenienceHigh
Hospital
4 mi
Cape Coral Hospital
Beach
8.5 mi
Fort Myers Beach
Airport
5.5 mi
Page Field (Fort Myers)
Shopping
5.1 mi
Bell Tower Shops

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.