Falcon Bay
Condos for Sale in Cape Coral, FL

All 481 homes for sale in Cape Coral, FL · median $325,162 · 229 condos for sale in Cape Coral · 374 homes for sale in 33904 · Lee County homes for sale

Community in Cape Coral · Lee County · ZIP 33904
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Photo via Florida Gulf Coast MLS

Built fromLive Florida Gulf Coast MLS data12 years of closingsUpdated twice daily

As of October 2026, Falcon Bay Condo in Cape Coral, FL has 1 home for sale. As of October 2026, the MLS records 3 closed sales in Falcon Bay Condo in Cape Coral, FL since 2014, the most recent in September 2019.

Last 30 days in Falcon Bay: 1 new listing (median asking $330,000). As of October 2, 2026, Listing information provided by the Florida Gulf Coast Multiple Listing Service, Inc. Information is deemed reliable but not guaranteed by the MLS to be accurate.

Live · Falcon Bay Condo Housing Pulse Florida Gulf Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Tempo
50%
Under contract
Lee: 18% (1,646 of 9,225)
1 · 1
For sale · pending
live counts, refreshed twice daily
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Falcon Bay Condo in Cape Coral is a thin data set right now. Current MLS activity does not surface a defined amenity package, which usually means one of two things: the building keeps its recreational or common-area features out of listing remarks, or the community is genuinely light on shared amenities. Either way, a buyer should not assume anything about pool access, dockage, or clubhouse space until it is confirmed in the condo documents.

With no consistent amenity signal and no pricing pattern to lean on from current listings, this is a property where the HOA packet, reserve study, and unit-level condition do the real talking. That puts more weight on due diligence before offer and less on broad market posture.

The 60-Second Overview

Falcon Bay Condo sits in Cape Coral, Lee County, an area built around an extensive canal system and a large stock of condo and single-family resale product; current MLS activity for this community does not list a defined set of shared amenities, so that detail needs direct verification rather than assumption.

Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.

Best for

  • Buyers prioritizing unit price and condition over a fixed amenity list
  • Investors comfortable doing direct condo-document diligence before committing
  • Buyers already targeting Cape Coral generally and open to a smaller or lower-profile building

Probably not for

  • Buyers who need a confirmed clubhouse, pool, or dock before they will consider a building
  • Anyone wanting to compare against a clear recent-sales pattern before offering
  • Buyers unwilling to request and review HOA financials directly

The market around Falcon Bay Condo

Falcon Bay Condo is too small for its own price trend, so here is the market around it.

In ZIP 33904, 189 homes are on the market and 15% are under contract — a slower corner of Cape Coral.

Across Lee County, 7,579 homes are active and 1,646 pending (18% under contract).

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.

ZIP and county figures describe the wider market, not Falcon Bay Condo specifically. Momentum Research analysis of MLS records.

Homes For Sale Right Now in Falcon Bay Condo

Live MLS inventory for Falcon Bay Condo. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending Falcon Bay Condo listings as of 2026-10-01, priced high to low. Listing information provided by the Florida Gulf Coast Multiple Listing Service, Inc. Information is deemed reliable but not guaranteed by the MLS to be accurate. Tap any home to ask about it.

Every Home for Sale in Falcon Bay Condo Right Now (1)

All 1 active and pending Falcon Bay Condo listings with a detail page, newest first, refreshed twice a day from the MLS.

  • 4707 SE 5th Ave 101 · $330,000 · 2 bd / 2 ba · listed Sep 19, 2026 · listed by Royal Shell Real Estate, Inc.

If we were buying in Falcon Bay Condo today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Falcon Bay Condo.

Best Buy
A buyer or investor who wants a Cape Coral condo and is prepared to do direct diligence on the association rather than rely on MLS summaries.
Biggest Risk
The absence of listed amenities and market data means unknowns on fees, reserves, and building condition need to be closed before contract.
Sweet Spot
Buyers focused on unit condition and price rather than a defined amenity package will find this the right kind of community to evaluate case by case.
Avoid If
Anyone assuming a resort-style amenity set or a proven price pattern should not rely on this listing history alone.

What the listing gap tells us

When a community's MLS feed does not identify amenities, it is a flag to slow down, not a red flag on the building itself. Some condo associations simply do not itemize features like pools, boat slips, or storage in agent remarks, especially in smaller or older buildings. The only way to know what Falcon Bay actually offers is to pull the condo docs, HOA budget, and any rules or restrictions directly.

Cape Coral overall carries a wide range of condo product, from basic walk-up buildings to canal-adjacent complexes with private docks. Without amenity or pricing detail specific to Falcon Bay in current listings, buyers should treat every unit here as its own case: verify square footage, association fees, reserve funding, and any water access separately rather than assuming it matches a neighboring community.

“

The location and the amenities are priced into every listing in Falcon Bay Condo. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a community where the MLS data itself is thin, the value of a broker shifts from reciting stats to doing the legwork: pulling condo docs, checking reserve funding, and confirming what is and is not included before a buyer writes an offer. That is the work we do on Falcon Bay specifically, rather than defaulting to generic Cape Coral condo assumptions.

Falcon Bay Condo in 15 seconds.

Best forA buyer or investor who wants a Cape Coral condo and is prepared to do direct diligence on the association rather than rely on MLS summaries.
Biggest advantageCape Coral's broad canal-city footprint means location and water access options exist nearby even if this specific building's amenities are undocumented.
Biggest riskThe absence of listed amenities and market data means unknowns on fees, reserves, and building condition need to be closed before contract.
Sweet spotBuyers focused on unit condition and price rather than a defined amenity package will find this the right kind of community to evaluate case by case.
Avoid ifAnyone assuming a resort-style amenity set or a proven price pattern should not rely on this listing history alone.

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the Falcon Bay Condos for Sale in Cape Coral, FL homeowners association, its management company or its developer, and we cannot help with dues, gate access, violations, amenity bookings or association documents. To reach the association, check your closing package, the recorded declaration at the county clerk, or search the association’s name at sunbiz.org for its registered agent. Call or message us to buy or sell a home in Falcon Bay Condos for Sale in Cape Coral, FL.
In short
  • HOA status not on record. Verify any dues before you offer
  • Any club/amenity membership is billed separately

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

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Falcon Bay Condo sales matched to your home.

What is your Falcon Bay Condo home worth?

Get a no-obligation home value based on real comparable sales in Falcon Bay Condo, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See all homes for sale in Cape Coral →

Real comps, not an automated estimate.
Buyers prioritizing unit price and condition over a fixed amenity listExcellent fit
Investors comfortable doing direct condo-document diligence before committingExcellent fit
Buyers already targeting Cape Coral generally and open to a smaller or lower-profile buildingExcellent fit
Buyers who need a confirmed clubhouse, pool, or dock before they will consider a buildingProbably not
Anyone wanting to compare against a clear recent-sales pattern before offeringProbably not
Buyers unwilling to request and review HOA financials directlyProbably not

Data sources & freshness

Live listingsFlorida Gulf Coast MLS, refreshed twice daily (last: October 1, 2026)
Under-contract sharesFlorida Gulf Coast MLS records, as of 2026-09-20
Historical depthClosed-sale records back to 2014 (3 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of Florida Gulf Coast MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

Own a home here?

You just read the data. Now see what your home is worth.

The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Florida Gulf Coast MLS member average and 8 days faster, and we’ll price yours against live local comps.

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Common questions about Falcon Bay

Where is Falcon Bay?

Falcon Bay is a community in Cape Coral, Lee County, Florida, ZIP 33904.

Are there homes for sale in Falcon Bay right now?

Yes — 1 active and 1 pending listings as of the last feed refresh (twice daily). They are listed on this page.

Does Falcon Bay have an HOA or CDD?

No HOA is on record for Falcon Bay in our data. Verify dues, what they cover, and any special assessment for a specific address before you offer.

Answers are generated from county property records, MLS feeds and the figures on this page, as of the page date; deemed reliable but not guaranteed.

Nearby Communities

Explore more neighborhoods near Falcon Bay with Momentum Realty’s local guides.

Heatherton Manor Condo0.0 mi away · 1 for saleCaribbean Breeze Condo (Lee)0.1 mi away · 1 for saleRubicon Manor Condominium0.1 mi away · 1 for salePalm Tree Condo0.1 mi away · 1 for saleCoral Isle Condo0.1 mi awayCanary Palm Condo0.1 mi away · 1 for saleBrian Court Condo0.1 mi away · median $125K, 5 sales/12 moPlaza Country Blvd Condo0.1 mi away · 1 for sale

Browse all neighborhood guides →

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The real cost & risk here

Before the list price, the Florida math the portals skip. These are Lee County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.

$2,184/mo
Lee County typical true cost to own
$183/mo
Lee County typical home insurance
Check CDD
Confirm before you offer

County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.