Veranda Condo
Homes for Sale in Cape Coral, FL

Community in Cape Coral · Lee County · ZIP 33904
25 homesBuilt 1983–1986Median sale $148K
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Built fromLive fgc data11 years of closingsFL DOR public recordsUpdated twice daily
Live · Veranda Condo Housing Pulse fgc + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$148K
Median sold · 12 mo
$154/sf
Sold $/sqft · 12 mo
peak $211 in 2023
85.5%
Sale vs ask
Lee median: 93.1%
Tempo
141days
Median DOM · closed
4 days at the 2018 low
4
Sold · last 12 mo
10-yr average: about 2 a year
Ownership and context
48%
Owner-occupied · Veranda Condo
12 of 25 parcels homesteaded (FL DOR 2025)
52%
Non-owner-occupied · Veranda Condo
incl. 4% trust or LLC-held · 16% out-of-state
75%
Cash buyers · Veranda Condo
3 of 4 sales, 12 mo ending July 2026
25
Homes in the community
25 residential parcels (FL DOR 2025)
Track record · 11 years of records
Est. 1983
Community established
homes built 1983-1986, median 1984 (FL DOR 2025)
958sqft
Median sold home size
12-mo windows, closed sales
16.0%/yr
Turnover rate
about 4 of 25 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Veranda Condo is a small, older complex — 25 units built in the mid-1980s, with a median living area of just 958 square feet. That combination of age, size, and a thin trading pool (only a handful of closings in the most recent window) means pricing here moves less on broad market trends and more on the condition and updates of whichever individual unit happens to be on the market. The median price of $147,500 and median price per square foot of $153.97 reflect a small, dated, entry-level condo product, not a renovated or amenity-rich one.

A median 141 days on market is long by any measure, and with homestead exemptions claimed on under half the units, this reads as a mix of owner-occupied and non-owner-occupied ownership. Sellers should expect a patient process and should price to condition rather than to hope. Buyers who are comfortable with an older building and a smaller footprint have room to negotiate, especially given how slowly units have been moving.

The 60-Second Overview

Veranda Condo market snapshot (as of July 29, 2026): the median sale price is about $148K ($154 per sq ft over the trailing 12 months of closed sales), and a median 141 days on market for closed sales.

Veranda Condo is a community of 25 homes in Cape Coral, Lee County, built between 1983 and 1986 (median 1984), with a median living area of about 958 square feet. 48% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Veranda Condo is a compact, 1980s-built condominium community in Cape Coral with a small number of total units and correspondingly limited turnover, so any single listing can carry outsized weight on what the local numbers show.

Best for

  • A buyer prioritizing low purchase price over unit size or amenities.
  • An investor comfortable with an older building and a slow-moving resale market.
  • A buyer who wants a compact, low-maintenance footprint and does not need on-site amenities.

Probably not for

  • A buyer who wants a quick close in an active, fast-turning market.
  • A buyer seeking resort-style amenities or common area features.
  • A buyer who needs more than roughly 1,000 square feet of living space.

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 ($148K) IS the median in the snapshot above.

Windows contain 0 to 5 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
024201620182020202220242026
0 to 5 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 Veranda 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 Veranda Condo.

Best Buy
Buyers looking for a low entry price on a compact condo in Cape Coral.
Biggest Risk
A 141-day median hold time means sellers need patience and buyers have negotiating leverage.
Sweet Spot
A unit priced to its condition, in a building an owner has personally walked through given the small, thin market.
Avoid If
You need on-site amenities or a larger living footprint — neither is what this community offers.

A small, dated complex where condition drives price

With only 25 homes in the community and construction dating to 1983–1986, Veranda Condo is not a large or actively churning market. The four-closing window behind the current snapshot is thin enough that a single sale can shift the median meaningfully, so buyers and sellers should treat the numbers as directional rather than precise.

No community amenities are identified from current MLS listings, which suggests this is a bare-bones, lower-maintenance ownership structure rather than a resort-style or heavily programmed condo community. Units run small — under 1,000 square feet at the median — which keeps the price point accessible but also narrows the pool of buyers looking for more space.

The location and the amenities are priced into every listing in Veranda 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 this small, with this little recent transaction data, pricing a unit correctly takes more than pulling a median off a report. We look at the specific building, unit condition, and how long comparable units have actually sat before adjusting, so you are not guessing in a market that does not move fast.

Veranda Condo in 15 seconds.

Best forBuyers looking for a low entry price on a compact condo in Cape Coral.
Biggest advantageThe median price is well below typical area condo pricing, giving buyers real room at entry.
Biggest riskA 141-day median hold time means sellers need patience and buyers have negotiating leverage.
Sweet spotA unit priced to its condition, in a building an owner has personally walked through given the small, thin market.
Avoid ifYou need on-site amenities or a larger living footprint — neither is what this community offers.

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 Veranda Condo sales matched to your home.

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Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Veranda Condo?
The median sale price in Veranda Condo was $148K over the 12 months ending July 29, 2026 (4 closed sales, fgc).
How long do homes in Veranda Condo take to sell?
Homes that closed in the 12 months ending July 29, 2026 took a median 141 days on market (4 sales, fgc).
How many homes are in Veranda Condo?
The Florida DOR 2025 assessment roll shows 25 homes in Veranda Condo (public records).
What share of Veranda Condo is owner-occupied?
48% of Veranda Condo parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Veranda Condo built?
Homes in Veranda Condo were built between 1983 and 1986, with a median year built of 1984 (FL DOR 2025 roll).
Do cash buyers compete in Veranda Condo?
Cash buyers took 75% of Veranda Condo sales in the 12 months ending July 2026 (3 of 4 closings, fgc).
Who is the best real estate agent for Veranda Condo?
The best agent for Veranda 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 Veranda Condo.
How do I find a top Cape Coral real estate agent who knows Veranda 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 Veranda Condo and the wider Cape Coral area.
Can Momentum Realty connect me with an agent for Veranda Condo?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Veranda Condo purchase or sale - no call center and no pressure.
A buyer prioritizing low purchase price over unit size or amenities.Excellent fit
An investor comfortable with an older building and a slow-moving resale market.Excellent fit
A buyer who wants a compact, low-maintenance footprint and does not need on-site amenities.Excellent fit
A buyer who wants a quick close in an active, fast-turning market.Probably not
A buyer seeking resort-style amenities or common area features.Probably not
A buyer who needs more than roughly 1,000 square feet of living space.Probably not

Data sources & freshness

Community market statsfgc closed sales, 12-month windows ending July 29, 2026
Housing stock & ownershipFlorida DOR 2025 assessment roll (community parcel extract)
Under-contract sharesfgc records, as of 2026-07-18
Historical depthClosed-sale records back to 2015 (27 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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