La Palapa Condo
Homes for Sale in Cape Coral, FL

Community in Cape Coral · Lee County · ZIP 33904
Median sale $262K
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True comps, carrying-cost math, and listings before the portals.

Built fromLive fgc data12 years of closingsUpdated twice daily
Live · La Palapa Condo Housing Pulse fgc + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$262K
Median sold · 12 mo
$149/sf
Sold $/sqft · 12 mo
peak $149 in 2026
87.2%
Sale vs ask
Lee median: 93.1%
Tempo
76days
Median DOM · closed
46 days at the 2021 low
4
Sold · last 12 mo
10-yr average: about 1 a year
Ownership and context
50%
Cash buyers · La Palapa Condo
2 of 4 sales, 12 mo ending July 2026
Track record · 12 years of records
1,764sqft
Median sold home size
12-mo windows, closed sales
Jon Brooks, founder of Momentum Realty
Jon's Current Read

La Palapa Condo is a small, thinly traded corner of the Cape Coral condo market. With only four closings in the current window, the numbers here describe a narrow slice of activity rather than a deep, liquid market — useful as a directional read, not a precise valuation tool.

The median price sits at $262,000, with price per square foot landing at $148.53. A median time on market north of 75 days suggests these units do not move quickly once listed, which is typical for a small building with limited turnover — sellers should price realistically from day one, and buyers who are patient have room to negotiate.

The 60-Second Overview

La Palapa Condo market snapshot (as of July 29, 2026): the median sale price is about $262K ($149 per sq ft over the trailing 12 months of closed sales), and a median 76 days on market for closed sales.

La Palapa Condo is a compact Cape Coral condo community where sales activity is limited enough that each closing carries real weight on the numbers, making it a market best read patiently rather than at face value.

Best for

  • Buyers focused on entry price point over building amenities
  • Investors comfortable underwriting a longer hold given the slower typical time on market
  • Buyers who want room to negotiate on price or terms in a lightly traded building

Probably not for

  • Buyers who want a wide pool of recent comparable sales to lean on
  • Anyone expecting on-site community amenities as part of the purchase
  • Sellers who need a quick, predictable close within a tight timeline

Price History: What Homes Here Have Actually Sold For

Median sale price over the trailing 12 months ending July 29 of each year, from record-level fgc closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($262K) IS the median in the snapshot above.

Windows contain 0 to 4 sales each (4 in the current window); every figure carries its sample size, and thin markets swing on single closings. 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. Deemed reliable but not guaranteed.

Homes sold per 12-mo window
0242014201620182020202220242026
0 to 4 a year; 4 in the current window.
How much local inventory is already under contract

24% of homes for sale in ZIP 33904 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-07-18).

If we were buying in La Palapa 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 La Palapa Condo.

Best Buy
A buyer targeting a value-priced Cape Coral condo rather than a premium waterfront unit.
Biggest Risk
A thin sales sample of four closings means pricing conclusions carry more uncertainty than in a larger community.
Sweet Spot
Buyers comfortable with a longer marketing period and willing to negotiate on condition rather than compete on multiple offers.
Avoid If
Avoid if you need a fast resale timeline or want an active buyer's guide of amenities to compare against.

A small sample, a clear price point

Four closings in the current window is not enough to draw firm conclusions about trend direction, but it is enough to establish a price anchor. At a median of $262,000 and $148.53 per square foot, La Palapa sits in the value tier of the Cape Coral condo landscape rather than the premium end.

The median days-on-market figure of just over 75 days is the more telling number here. It signals a building where listings sit and wait for the right buyer rather than getting scooped up quickly, which typically means sellers need to price to the market rather than testing the top of it, and buyers can afford to take their time on inspection and negotiation.

The location and the amenities are priced into every listing in La Palapa 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 with this few closings, pricing a listing or evaluating an offer requires pulling comparable data carefully rather than leaning on a thin set of recent sales alone. We walk buyers and sellers through what the limited transaction history actually supports before they commit to a number.

La Palapa Condo in 15 seconds.

Best forA buyer targeting a value-priced Cape Coral condo rather than a premium waterfront unit.
Biggest advantagePricing here runs well below the higher end of the local condo market on a per-square-foot basis.
Biggest riskA thin sales sample of four closings means pricing conclusions carry more uncertainty than in a larger community.
Sweet spotBuyers comfortable with a longer marketing period and willing to negotiate on condition rather than compete on multiple offers.
Avoid ifAvoid if you need a fast resale timeline or want an active buyer's guide of amenities to compare against.

HOA, CDD & Fees

In short
  • Mandatory HOA — confirm current dues
  • 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 La Palapa Condo sales matched to your home.

What is your La Palapa Condo home worth?

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Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in La Palapa Condo?
The median sale price in La Palapa Condo was $262K over the 12 months ending July 29, 2026 (4 closed sales, fgc).
How long do homes in La Palapa Condo take to sell?
Homes that closed in the 12 months ending July 29, 2026 took a median 76 days on market (4 sales, fgc).
Do cash buyers compete in La Palapa Condo?
Cash buyers took 50% of La Palapa Condo sales in the 12 months ending July 2026 (2 of 4 closings, fgc).
Who is the best real estate agent for La Palapa Condo?
The best agent for La Palapa Condo is one who actively works Cape Coral and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for La Palapa Condo.
How do I find a top Cape Coral real estate agent who knows La Palapa Condo?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows La Palapa Condo and the wider Cape Coral area.
Can Momentum Realty connect me with an agent for La Palapa Condo?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your La Palapa Condo purchase or sale - no call center and no pressure.
Buyers focused on entry price point over building amenitiesExcellent fit
Investors comfortable underwriting a longer hold given the slower typical time on marketExcellent fit
Buyers who want room to negotiate on price or terms in a lightly traded buildingExcellent fit
Buyers who want a wide pool of recent comparable sales to lean onProbably not
Anyone expecting on-site community amenities as part of the purchaseProbably not
Sellers who need a quick, predictable close within a tight timelineProbably not

Data sources & freshness

Community market statsfgc closed sales, 12-month windows ending July 29, 2026
Under-contract sharesfgc records, as of 2026-07-18
Historical depthClosed-sale records back to 2014 (16 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 fgc 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.

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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 fgc member average and 8 days faster, and we’ll price yours against live your area comps.

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