Fairway Villas
Homes for Sale in Cape Coral, FL

Fairway Villas market snapshot (as of September 20, 2026): the median sale price is about $170K ($147 per sq ft over the trailing 12 months of closed sales), and a median 56 days on market for closed sales. The trailing-12-month median is down 15% from the prior 12 months, computed from record-level Florida Gulf Coast MLS closed sales (3 closings in the current window).

In ZIP 33904 (Cape Coral), 5,462 homes closed in the last 12 months at a median of $380K ($221/sq ft), up 1.6% year over year, with a median 51 days on market. Right now 208 active and 47 pending listings — a buyer's market. See the live ZIP 33904 housing market and the Lee County market.

Florida Gulf Coast MLS sales records identify 8 homes in Fairway Villas that have changed hands, built between 2003 and 2004 (median 2004), with a median living area of about 1,203 sq ft and a typical 2-bedroom, 2-bath layout; 100% are condominiums. Source: Florida Gulf Coast MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

Fairway Villas sits within Cape Coral's Lee County footprint, an area shaped by the city's canal-lot and villa-style housing stock rather than by a single defining amenity package. Current MLS records do not show a documented list of community amenities, so any recreational features should be confirmed unit by unit rather than assumed.

The most honest thing we can tell you about Fairway Villas right now is that the data set is small. A two-month closings window is not enough activity to draw conclusions about pricing direction, days on market, or buyer competition — and we are not going to manufacture a trend out of a handful of transactions. What that means practically is that anyone evaluating this community needs to look at individual listings and recent comparable sales in the immediate Cape Coral submarket, rather than a community-level average.

The same goes for amenities. Current MLS listings do not identify a shared clubhouse, pool, or recreational facility tied to Fairway Villas specifically. That is not necessarily a negative — plenty of Cape Coral villa and canal-front product markets on the unit itself, not on a community rec center — but it does mean a buyer should ask direct questions and verify what, if anything, is included before assuming a resort-style setup.

When a community's MLS footprint is this light, the value of a broker is in knowing how to pull the right comparables from the surrounding submarket instead of leaning on a thin internal data set. We will tell you plainly when Fairway Villas' numbers are not sufficient to support a pricing claim, and we will show you what real Cape Coral comps look like so you are negotiating from facts, not from a community average that does not exist yet.

Listings in this community report association dues of about $216 per month ($2,592 a year) — the median AssociationFee across 125 MLS records, normalised to a monthly figure; most are billed quarterly. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-10.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.