3012/11540 Caravel Circle

Iona FL 33908

1050 sq. ft.

0.45 ac.

Condo

Last sold for $240,000

Becky Mulka, last sold this property on 20 February 2026 after 155 days on market.

Overview

Owner Financing Available! Experience relaxed South Fort Myers condo living in this beautifully updated 2-bedroom, 2-bath residence at the popular Terrace at Cinnamon Cove, featuring pool views with a tranquil side lake perspective. Located on the second floor in an elevator building, making it ideal for seasonal use, investment, or full-time living. The bright, open layout showcases an updated kitchen with maple cabinetry, granite countertops, and stainless steel appliances, complemented by tile flooring in the living areas and cozy carpeted bedrooms. The spacious primary bathroom includes dual sinks, granite counters, and a large walk-in shower. Relax on the screened lanai overlooking the resort-style pool with calming lake views, perfect for enjoying warm Florida evenings. The condo also includes a covered carport, extra storage closet, and hurricane shutters for added convenience and security. Enjoy sunrises and sunsets from lanai thinking just another day in paradise. Low HOA fees of $600 per month cover water, building insurance, exterior maintenance, landscaping, gated access, and all amenities. Cinnamon Cove is not a 55+ community and offers pickleball, tennis, bocce, shuffleboard, multiple pools and spas, three fishing lakes, and vibrant community activities. This home is being sold Turnkey and is ready for you to enjoy it. Ideally located within walking distance to Publix and just minutes from restaurants, entertainment, medical facilities, colleges, shopping, and the beaches of Sanibel Island, this condo is the perfect blend of comfort, location, and carefree Florida living. You're not just buying a home, you are embracing a life style characterized by morning bike rides, yoga/palates classes, water aerobics, pizza parties, pickleball, and an on site library. SELLER CLOSING ON PROPERTY MID FEBUARY, BRING ME AN OFFER

Features

2 bedrooms

2 bathrooms

1050 sq. ft. floor area

0.45 ac. lot size

Condo

Estimated Value

Based on this property and similar 2 bedroom condos sold in Iona over the last 12 months, the estimated median property value of 3012/11540 Caravel Circle is $225k.

Median value

$225k

Estimated value range

$4.95k - $885k

Median days on market

Estimated value trend

-6%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Iona. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.