Watergate Condo in Cape Coral

Watergate
Condos for Sale in Cape Coral, FL

All 488 homes for sale in Cape Coral, FL · median $325,000 · 241 condos for sale in Cape Coral · 136 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.

Photo via Florida Gulf Coast MLS

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

As of September 2026, Watergate Condo in Cape Coral, FL has 1 home for sale. As of September 2026, the MLS records 10 closed sales in Watergate Condo in Cape Coral, FL since 2014, the most recent in February 2026.

Live · Watergate 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
0%
Under contract
Lee: 19% (2,286 of 11,931)
1 · 0
For sale · pending
live counts, refreshed twice daily
1
Sold · last 12 mo
10-yr average: about 1 a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Watergate Condo is a thin-data market right now. The current MLS snapshot shows a single closing in this window, which is not enough volume to draw a pricing trend line or call a direction with confidence. Anyone quoting a hard number on this building today is extrapolating, not reporting.

For a buyer, that means doing your own legwork on comparable units and recent activity rather than leaning on a headline stat. For a seller, it means pricing has to be built from a real appraisal and a look at what has actually moved in Cape Coral condo stock lately, not from an average that one sale cannot support.

The 60-Second Overview

Watergate Condo is a condominium community in Cape Coral, Lee County, currently showing limited closed-sale activity in the MLS feed, which keeps the read on pricing and pace narrow rather than definitive.

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 comfortable doing independent diligence on association documents and unit condition rather than relying on building-wide stats
  • A buyer or seller focused on Cape Coral condo ownership generally, using this listing as one option among several comparable buildings
  • An investor or owner willing to verify amenities and fees directly with the association before committing

Probably not for

  • A buyer who wants a well-established sales history and clear pricing trend before making a decision
  • A buyer who needs confirmed, published community amenities as part of the purchase decision
  • A seller expecting an in-building comparable-sales analysis to support a listing price

The market around Watergate Condo

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

In ZIP 33904, 497 homes are on the market and 19% are under contract — a steady corner of Cape Coral.

Across Lee County, 9,645 homes are active and 2,286 pending (19% under contract).

In ZIP 33904 (Cape Coral), 5,445 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 215 active and 45 pending listings — a balanced market. See the live ZIP 33904 housing market and the Lee County market.

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

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.

$2,160/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.

Watergate Condo Market Scorecard

Thin data

Watergate Condo is currently a thin data market. Limited supply, a median asking price of $239,000, and homes go under contract in about 12 days.

n/a
Months supply
$239,000
Median list
n/a
Median sold
$205
Per sqft
12
Days on mkt
1/0/0
Active/Pend/Sold

Typical home value in the 33904 ZIP is $339,673, right around the Florida norm (Zillow Home Value Index).

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.

Homes For Sale Right Now in Watergate Condo

Live MLS inventory for Watergate 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 Watergate Condo listings as of 2026-08-05, 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.

If we were buying in Watergate 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 Watergate Condo.

Best Buy
Best for a buyer or seller willing to verify details directly rather than lean on a building-level statistic.
Biggest Risk
The risk is pricing or timing a transaction off a single closing, which is not a trend.
Sweet Spot
The sweet spot is a specific unit that has been independently inspected and priced against broader Cape Coral condo comparables.
Avoid If
Avoid this approach if you need in-building sales history or confirmed amenities before writing an offer.

A market with too little data to trend

With only one closing recorded in this window, Watergate Condo does not have the transaction volume needed to establish a reliable median, a days-on-market pattern, or a pricing trend. That is a statement about data availability, not about the building's condition or desirability.

The current MLS listings for this community also do not identify specific shared amenities. That does not mean none exist, only that a buyer or seller should verify directly with the condo association or declaration documents rather than assume based on comparable Cape Coral buildings.

The location and the amenities are priced into every listing in Watergate 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 low-volume building like this, the value we add is verification: pulling actual condo docs, checking association financials, and pricing off real comparable closings in Cape Coral rather than a thin in-building sample. We tell clients plainly when the data does not support a confident number, and we do the extra work to find one that does.

Watergate Condo in 15 seconds.

Best forBest for a buyer or seller willing to verify details directly rather than lean on a building-level statistic.
Biggest advantageThe advantage here is a Cape Coral condo location, not a data-rich market snapshot.
Biggest riskThe risk is pricing or timing a transaction off a single closing, which is not a trend.
Sweet spotThe sweet spot is a specific unit that has been independently inspected and priced against broader Cape Coral condo comparables.
Avoid ifAvoid this approach if you need in-building sales history or confirmed amenities before writing an offer.

HOA, CDD & Fees

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 Watergate Condo sales matched to your home.

What is your Watergate Condo home worth?

Get a no-obligation home value based on real comparable sales in Watergate 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.
A buyer comfortable doing independent diligence on association documents and unit condition rather than relying on building-wide statsExcellent fit
A buyer or seller focused on Cape Coral condo ownership generally, using this listing as one option among several comparable buildingsExcellent fit
An investor or owner willing to verify amenities and fees directly with the association before committingExcellent fit
A buyer who wants a well-established sales history and clear pricing trend before making a decisionProbably not
A buyer who needs confirmed, published community amenities as part of the purchase decisionProbably not
A seller expecting an in-building comparable-sales analysis to support a listing priceProbably not

Data sources & freshness

Live listingsFlorida Gulf Coast MLS, refreshed twice daily (last: August 5, 2026)
Under-contract sharesFlorida Gulf Coast MLS records, as of 2026-09-08
Historical depthClosed-sale records back to 2014 (10 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.

Looking to buy here? Search homes for sale →

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Thinking of selling in Watergate Condo? 1 recorded closings (window ending 2026-09-12). 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.

Common questions about Watergate

Where is Watergate?

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

Are there homes for sale in Watergate right now?

Yes — 1 active and 0 pending listings as of the last feed refresh (twice daily). They are listed on this page.

Does Watergate have an HOA or CDD?

No HOA is on record for Watergate 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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