Aerial view of Savoy Plaza Condo

Savoy Plaza Condo
Homes for Sale in Cape Coral, FL

Community in Cape Coral · Lee County · ZIP 33904
Median sale $150K
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True comps, carrying-cost math, and listings before the portals.

Built fromLive fgc data10 years of closingsUpdated twice daily
Live · Savoy Plaza Condo Housing Pulse fgc + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$150K
Median sold · 12 mo
$131/sf
Sold $/sqft · 12 mo
peak $168 in 2021
78.7%
Sale vs ask
Lee median: 93.3%
Tempo
54days
Median DOM · closed
7 days at the 2021 low
3
Sold · last 12 mo
10-yr average: about 1 a year
Ownership and context
100%
Cash buyers · Savoy Plaza Condo
3 of 3 sales, 12 mo ending July 2026
Track record · 10 years of records
1,148sqft
Median sold home size
12-mo windows, closed sales
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Savoy Plaza's numbers are thin by design right now — with only three closings feeding this snapshot, the $150,000 median and the $130.66 median price per square foot should be read as a directional signal, not a settled market. A handful of sales can swing both figures quickly, so anyone pricing off this data should treat it as a starting point for a conversation, not a ceiling or a floor.

A median 54 days on market says pricing and condition are doing the work here, not scarcity or bidding pressure. Units that are priced to the current comp and show well are moving in under two months; anything off on price or in need of updating will sit longer while the market waits it out.

The 60-Second Overview

Savoy Plaza Condo market snapshot (as of July 29, 2026): the median sale price is about $150K ($131 per sq ft over the trailing 12 months of closed sales), and a median 54 days on market for closed sales.

Savoy Plaza is a lower-price-point condo option in Cape Coral, with recent activity limited enough that each closing carries real weight in the numbers.

Best for

  • A buyer prioritizing a lower purchase price over building amenities
  • An investor comfortable underwriting a small, thinly-traded condo market before committing
  • A buyer who has already confirmed unit condition and association specifics and just needs a straightforward closing

Probably not for

  • A buyer expecting a full slate of on-site amenities as part of ownership
  • Anyone relying solely on the posted median without pulling the underlying comps first
  • A buyer who wants pricing certainty in a market with a large recent transaction history to lean on

Windows contain 0 to 3 sales each (3 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
0123201620182020202220242026
0 to 3 a year; 3 in the current window.

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.

$2,123/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.

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 Savoy Plaza 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 Savoy Plaza Condo.

Best Buy
Buyers looking for an entry-level condo purchase in Cape Coral rather than a resort-style building.
Biggest Risk
A thin sales sample means the median can shift with the next closing or two.
Sweet Spot
A unit priced and presented in line with the current per-square-foot benchmark, ready to move without repair delays.
Avoid If
You are counting on a defined amenity package as part of the purchase.

A small sample, a real price point

At a median of $150,000, Savoy Plaza sits at an entry-level price for condo ownership in this part of Lee County. The median per-square-foot figure of $130.66 gives a useful benchmark for sizing up a specific unit, but with only three closings in the window, it's worth confirming how comparable those sales actually were in size, floor, and condition before leaning on it too heavily.

No community amenities are identified from current MLS listings, which means buyers should verify directly what — if anything — is included with ownership here, rather than assuming a standard condo amenity package. That single fact changes how a unit should be evaluated: this reads more like a straightforward housing purchase than a lifestyle or amenity buy.

The location and the amenities are priced into every listing in Savoy Plaza 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 building with this few recent closings, the comps require more digging than a standard market report provides. We pull the actual sales behind the median, check unit-level condition and size against the per-square-foot figure, and confirm what — if any — amenities or association details actually apply before you make an offer or set a list price.

Savoy Plaza Condo in 15 seconds.

Best forBuyers looking for an entry-level condo purchase in Cape Coral rather than a resort-style building.
Biggest advantageAccessible price point relative to typical Cape Coral condo pricing.
Biggest riskA thin sales sample means the median can shift with the next closing or two.
Sweet spotA unit priced and presented in line with the current per-square-foot benchmark, ready to move without repair delays.
Avoid ifYou are counting on a defined amenity package as part of the purchase.

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 Savoy Plaza Condo sales matched to your home.

What is your Savoy Plaza Condo home worth?

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Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Savoy Plaza Condo?
The median sale price in Savoy Plaza Condo was $150K over the 12 months ending July 29, 2026 (3 closed sales, fgc).
How long do homes in Savoy Plaza Condo take to sell?
Homes that closed in the 12 months ending July 29, 2026 took a median 54 days on market (3 sales, fgc).
Do cash buyers compete in Savoy Plaza Condo?
Cash buyers took 100% of Savoy Plaza Condo sales in the 12 months ending July 2026 (3 of 3 closings, fgc).
Who is the best real estate agent for Savoy Plaza Condo?
The best agent for Savoy Plaza 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 Savoy Plaza Condo.
How do I find a top Cape Coral real estate agent who knows Savoy Plaza 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 Savoy Plaza Condo and the wider Cape Coral area.
Can Momentum Realty connect me with an agent for Savoy Plaza Condo?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Savoy Plaza Condo purchase or sale - no call center and no pressure.
A buyer prioritizing a lower purchase price over building amenitiesExcellent fit
An investor comfortable underwriting a small, thinly-traded condo market before committingExcellent fit
A buyer who has already confirmed unit condition and association specifics and just needs a straightforward closingExcellent fit
A buyer expecting a full slate of on-site amenities as part of ownershipProbably not
Anyone relying solely on the posted median without pulling the underlying comps firstProbably not
A buyer who wants pricing certainty in a market with a large recent transaction history to lean onProbably 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 2016 (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 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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More Cape Coral & Fort Myers & Lee County guides

Compare before you commit - every guide covers pricing, HOA/CDD, insurance posture, and fit. Browse all of Fort Myers & Lee County or the full Neighborhood Finder.

Thinking of selling in Savoy Plaza Condo? 3 recorded closings; median 54 days on market (window ending 2026-07-29). See the Lee County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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