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
True comps, carrying-cost math, and listings before the portals.
Photo via Florida Gulf Coast MLS
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.

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.
Who Watergate Condo is best for.
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.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Lee County scorecard.
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
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.
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.
The Watergate Condo buying strategy.
If we were buying in Watergate Condo today, this is the order of operations we would run for our clients.
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.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
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.
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.
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.
HOA, CDD & Fees
- 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.
Tools for a Watergate Condo buy.
Free calculators to pressure-test the real cost before you tour.
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.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Watergate Condo, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
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 →
Should you buy in Watergate Condo?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | Florida Gulf Coast MLS, refreshed twice daily (last: August 5, 2026) |
| Under-contract shares | Florida Gulf Coast MLS records, as of 2026-09-08 |
| Historical depth | Closed-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 →
What’s your home worth in your area?
A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
See how Watergate Condo fits the bigger picture — live prices, inventory, and Momentum Scores:
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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