Aerial view of River Place Condo

River Place
Condos for Sale in Cape Coral, FL

All 484 homes for sale in Cape Coral, FL · median $325,081 · 232 condos for sale in Cape Coral · 175 homes for sale in 33904 · Lee County homes for sale

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

Built fromLive Florida Gulf Coast MLS data12 years of closingsUpdated twice daily
Jon Brooks, founder of Momentum Realty
Jon's Current Read

River Place is a small, single-vintage condo community: nine units, all built in 1979, with a median living area of 1,296 square feet. With that few homes in the dataset, pricing here is set unit by unit — condition, updates, and floor plan will move the needle far more than any broad market trend, and there simply isn't enough volume to talk about a typical price range with confidence.

The ownership pattern is worth noting: only about 11% of units carry a homestead exemption, which points to a building where most owners are not using the unit as a primary residence. That matters for a buyer — it shapes how the building is used day to day and can affect financing, insurance, and how quickly a unit turns over when it does list.

The 60-Second Overview

River Place Condo in Cape Coral is a compact, single-phase building from 1979 with a small, tightly held inventory — nine units total, most of them held as non-homestead property rather than a primary residence.

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

  • A buyer wanting a smaller, lower-maintenance condo footprint without paying for shared amenities they won't use.
  • An investor comfortable with a building where most units are already non-homestead and rental or seasonal use is common.
  • A buyer focused on unit condition and price rather than building-wide recreational features.

Probably not for

  • A buyer who wants a pool, fitness room, or other on-site amenities as part of the purchase.
  • Someone who wants a wide selection of comparable units to choose from before deciding.
  • A buyer set on newer construction rather than a single-vintage 1979 building.

The market around River Place Condo

River Place 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 River Place Condo specifically. Momentum Research analysis of MLS records.

If we were buying in River Place 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 River Place Condo.

Best Buy
A buyer targeting a small, single-building condo in Cape Coral rather than a large complex with shared amenities.
Biggest Risk
With only nine units and no listed amenities, thin inventory means limited comparables and unpredictable turnover.
Sweet Spot
Buyers looking for a compact, roughly 1,300-square-foot unit as a low-frills base rather than a resort-style condo.
Avoid If
Skip it if you're expecting on-site pools, clubhouses, or other shared amenities — none are identified here.

A small, single-vintage building

Every unit at River Place dates to 1979, so there's no mix of construction eras to sort through — what varies unit to unit is the level of interior updating, not the bones of the building. At a median of 1,296 square feet, these are modest-footprint condos, which tends to appeal to buyers looking for a manageable, lower-maintenance unit rather than a large-format home.

Current MLS listings don't identify community amenities for this building, so any evaluation should center on the unit itself, the building's condition, and its specific location within Cape Coral — not on shared recreational features. With homestead share running low, expect a meaningful share of inventory to move through investor or seasonal-owner hands, which can mean more listings cycling through over time but also more variability in unit condition.

“

The location and the amenities are priced into every listing in River Place 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

A nine-unit building with no listed amenities and a single construction year is not a community you evaluate off broad comps — it's one you walk unit by unit. We pull the actual listing history for this specific address, check what's been updated versus original 1979 finishes, and confirm how the low homestead share affects financing or condo-docs review before you write an offer.

River Place Condo in 15 seconds.

Best forA buyer targeting a small, single-building condo in Cape Coral rather than a large complex with shared amenities.
Biggest advantageA uniform 1979 construction era makes it straightforward to assess age-related condition issues across the building.
Biggest riskWith only nine units and no listed amenities, thin inventory means limited comparables and unpredictable turnover.
Sweet spotBuyers looking for a compact, roughly 1,300-square-foot unit as a low-frills base rather than a resort-style condo.
Avoid ifSkip it if you're expecting on-site pools, clubhouses, or other shared amenities — none are identified here.

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the River Place 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 River Place 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 River Place Condo sales matched to your home.

What is your River Place Condo home worth?

Get a no-obligation home value based on real comparable sales in River Place 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.

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Real comps, not an automated estimate.
A buyer wanting a smaller, lower-maintenance condo footprint without paying for shared amenities they won't use.Excellent fit
An investor comfortable with a building where most units are already non-homestead and rental or seasonal use is common.Excellent fit
A buyer focused on unit condition and price rather than building-wide recreational features.Excellent fit
A buyer who wants a pool, fitness room, or other on-site amenities as part of the purchase.Probably not
Someone who wants a wide selection of comparable units to choose from before deciding.Probably not
A buyer set on newer construction rather than a single-vintage 1979 building.Probably not

Data sources & freshness

Under-contract sharesFlorida Gulf Coast MLS records, as of 2026-09-20
Historical depthClosed-sale records back to 2014 (8 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.

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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 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 River Place

Where is River Place?

River Place is a community in Cape Coral, Lee County, Florida, ZIP 33904.

Are there homes for sale in River Place right now?

No active listings inside River Place at the last feed refresh. In ZIP 33904, 189 homes are on the market and 15% are already under contract.

Does River Place have an HOA or CDD?

No HOA is on record for River Place 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.

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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.