Quick Cape Coral FL MLS Search

Browse All Cape Coral FL Under $200K Properties for Sale

$165,000
2 Beds 2 Baths 2026013409 MLS Fairway Villas BLDG.
New Photos and Zillow 3D Tour Available! Enjoy maintenance-free Florida living and in this beautifully maintained 2 BEDROOM 2 BATH PLUS PRIVATE DEN condominium located in the sought-after GATED community of Banyan Trace, just minutes from downtown Cape Coral, restaurants, shopping, marinas, and entertainment. This spacious third-floor residence is conveniently located steps from elevator and offers over 1,200 square feet of comfortable living space with an open floor plan, abundant natural light, a screened lanai with peaceful views, IN-UNIT LAUNDRY, and a versatile flex room perfect for a home office, guest room, fitness area, or hobby space. Buy with confidence knowing the community has COMPLETED its Structural Integrity Reserve Study, maintains FULLY FUNDED reserves, and features a new roof with all assessments already paid. Additional recent improvements include a new A/C (2024) and new water heater (2024), giving buyers added peace of mind. The HOA provides exceptional value by covering building insurance, water, cable, lawn maintenance, pest control, trash removal, professional management, and access to outstanding community amenities. Residents enjoy a true resort lifestyle with a heated pool, two hot tubs, PICKLEBALL courts, tennis courts, fitness center, bocce courts, clubhouse, walking and jogging paths, BBQ picnic areas, and a welcoming petfriendly atmosphere. The screened lanai overlooks Cape Coral's planned 175-acre community redevelopment, offering exciting long-term potential with future recreational amenities and community enhancements (see attached City concept plan). Additional features include assigned covered parking, a private storage unit conveniently located across from the condo, and flexible ownership with 90-day rentals permitted once annually. Whether you're searching for a full-time residence, seasonal retreat, retirement home, or investment opportunity, this low-maintenance Cape Coral condo combines location, lifestyle, financial stability, and the best value in one of Southwest Florida's most desirable gated communities.

4015 Palm Tree BLVD Unit 304, Cape Coral

$189,000
2 Beds 2 Baths 2026010206 MLS Falcon Bay Condo BLDG.
PRICE DROP! Spectacular GULF ACCESS WIDE BASIN VIEW on the RUBICON Canal—one of the most desirable waterfront settings in Cape Coral. Great Low Price for this FIRST-FLOOR 2 Bedroom + DEN in a prime downtown location, and a water view that truly stands out. The bright open layout showcases NEW luxury vinyl flooring in the living areas and bedroom, crown molding, and stylish NEW wainscoting on freshly painted walls. Major updates include a NEW ROOF, NEW covered parking, and a freshly painted building. The UPDATED kitchen features white cabinetry, decorative backsplash, tile flooring, raised ceiling detail, and a BUILT-IN coffee/bar station with wine refrigerator—ideal for entertaining. Sliding glass doors lead to a spacious screened lanai overlooking the heated pool and expansive canal basin, creating seamless indoor-outdoor living. The split-bedroom floor plan offers privacy, with bedrooms on separate hallways. The primary suite features crown molding, lanai access, and a private bath with separate sink area, plus an additional sink area in the guest bath. The den/flex space works perfectly as an office, media room, or guest overflow. A full interior laundry room, multiple closets, and exterior storage provide everyday convenience. The lanai includes roll-down shutters for protection and privacy—perfect for relaxing and watching boats pass by. Added value includes an impact-rated entry door and BRAND NEW hurricane windows in process, offering storm protection and potential insurance savings. This well-maintained community offers Gulf access, a heated waterfront pool, seawall, and community dock. Covered parking and storage are just steps from your front door, with a charming garden area out front for plants or seating. Located in the heart of Downtown Cape Coral, you’re within walking distance to waterfront dining, coffee shops, boutiques, live music, farmers markets, and festivals, with the revitalized Bimini Basin and The Cove at 47th continuing to drive demand. Wide basin views, Gulf access, downtown lifestyle, and first-floor convenience—this is waterfront living done right.

4707 SE 5th AVE Unit 102, Cape Coral

$160,000
2 Beds 2 Baths 2026012857 MLS Isles Of Porto Vista BLDG.
Welcome to Isles of Porto Vista- where peaceful views come together in this well maintained 2-bedroom, 2-bathroom second-floor condo with a private 1-car garage — a rare feature since not all units in the community come with them. Step inside to find a bright and inviting layout with spacious living areas and plenty of natural light. The kitchen flows seamlessly into the living and dining space, creating the perfect setup for both everyday living and entertaining. Enjoy your morning coffee or evening unwinding on the private screened in patio overlooking the serene preserve area, offering peaceful nature views and added privacy. Extra storage closet on patio is a nice feature as well. Recent updates provide a peace of mind- wood look tile in bedrooms, a NEW ROOF, new hot water heater, upgraded backsplash in kitchen, AC unit outside 2019, and a new garage door opener. The private garage adds valuable storage and convenience — (again, a highly desirable feature in this community) Residents of Isles of Porto Vista enjoy a well-maintained community with amenities such as a clubhouse, fitness center, playground for kids, community pool, pickleball & EV charging station... all located just minutes from shopping, dining, and everything Cape Coral has to offer. Perfect for seasonal residents, full-time living, or investors — this condo offers exceptional value and a peaceful Florida lifestyle.

3957 Pomodoro CIR Unit 201, Cape Coral

Start Your Search

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program (BR Program) of M.L.S. of Naples, Inc. Properties listed with brokerage firms other than this company are marked with the BR Program Icon or the BR House Icon and detailed information about them includes the name of the listing brokers. The properties displayed may not be all the properties available through the BR Program. The information provided is for consumers’ personal, non-commercial use and may not be used for any other purpose.

Under $200K Cape Coral Real Estate

Our website features the best real estate search for under $200k properties available in Cape Coral and surrounding areas. It is the only site you will ever need! It is easy-to-use and updated by the official Realtor®’s database every 15 minutes. 

You can save searches, and get daily email alerts of new listings, price changes, sold data, and market reports. Our Interactive Map Search allows you to view properties on a map or refine your search by drawing the boundaries around the area you desire. 

Curious about what’s happening in your neighborhood? You can create a custom market report to see what’s active, under contract, and sold in your neighborhood! 

Considering selling or refinancing your home? Get an INSTANT property valuation now!

Contact us today to find out how we can be of assistance to you!