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Offered at $169,900Active
beds
2
baths
2
sq ft
1,000
Built
1987

1220 SE 40th Street ##8

Cape Coral, FL 33904

About this home

GULF-ACCESS WATERFRONT CONDO — OFFERED AT $169,900! Enjoy the Southwest Florida boating lifestyle at an exceptionally attractive price. This beautifully remodeled 2-bedroom, 2-bath ground-floor condo offers approximately 1,000 square feet of comfortable, updated living in a small waterfront community just minutes from downtown Cape Coral. Boaters will appreciate the brand new rebuilt community dock and canal access, with an approximately 10–15 minute idle-speed ride to the Caloosahatchee River, providing convenient access to Southwest Florida’s waterways. Manatees and dolphins are frequently seen in the canal, adding to the relaxed waterfront atmosphere. The community is designed for enjoying life by the water, with a concrete waterfront patio and gathering area, community swimming pool, and common boat dock. The dock is currently undergoing renovations, with improvements underway to further enhance the boating facilities. Inside, the residence has been remodeled for comfortable, easy living, and the ground-floor location means no stairs to navigate. Location is another major advantage. You’re approximately one mile from downtown Cape Coral, with restaurants, entertainment, shopping, coffee shops, salons and everyday conveniences nearby. The Del Prado corridor is also just minutes away, providing quick access to hundreds of businesses and services. Whether you’re looking for a primary residence, seasonal Florida retreat, or an affordable way to enjoy waterfront ownership, this condo offers an appealing combination of boating access, convenience, amenities and value. At just $169,900, this is an opportunity that deserves a closer look.

Listing last checked: Listing updated:

Listed by Johnny Joyce · Premiere Plus Realty Company · MLS #2026040561

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Details at a glance

Interior4 property facts
Rooms
0
Heating
Central, Electric
Cooling
Central Air, Electric
Flooring
Tile
Building4 property facts
Style
Condominium
Year built
1987
Garage
0
Roof
Built-Up, Flat
Land & utilities4 property facts
Lot size
0.0873 acres
Water
AssessmentPaid
Sewer
AssessmentPaid
Waterfront
Y
Financial3 property facts
Annual taxes
$1,261
Assessment year
2025
HOA fee
$400 (billing period not supplied)

Location

Estimated monthly cost

Explore costs at the $169,900 asking price. Adjust the assumptions to your situation.

Known monthly costs$964 / monthAdjust
Principal & interest
$859
Property tax
$105
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $1,261. Initial monthly tax is one twelfth of that amount. Listing HOA fee: $400. The billing period was not supplied; confirm the monthly amount before adding it.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

Price and status timeline

  1. Ter

    $179,900 · Mar 18, 2026

  2. Sld

    $225,000 · Sold $200,000 · Aug 1, 2022

  3. Sld

    $77,499 · Sold $72,250 · Apr 25, 2013

  4. Sld

    $59,900 · Sold $61,500 · Jan 24, 2013

  5. Lsd

    $625 · Sold $625 · Oct 1, 2011

  6. Sld

    $239,900 · Sold $227,000 · Jun 16, 2005

More property insights

Comparable properties 3 supplied

Sold Jul 10, 2026

$184,000

3935 Country Club Boulevard #22

Sold Sep 9, 2026

$180,000

131 SW 47th Terrace #205

Sold Aug 31, 2026

$155,000

9643 Halyards Court #23

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About 1220 SE 40th Street ##8

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Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

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