2 Bed 2 Bath Pool Waterfront Condominium for Sale in RIVERS CONDO, FL
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SoldMLS# 2025012420

$369,000

2 Bed 2 Bath Pool Waterfront Condominium for Sale in RIVERS CONDO, FL

4015 SE 20th Place 206, Cape Coral, FL, 33904

2 beds2 baths1,305 sqft1 garage
GatedCommunity PoolBoatingWaterfront

About this home

Idyllic unrestricted views of the Caloosahatchee River are breathtakingly beautiful. These views can be seen from your living room, primary bedroom, kitchen and east patio. The second bedroom offers picturesque views of the River and marine docks. Off the second bedroom your open private patio offers radiant sunsets that fill the skies with amazing colors. You also have an open west patio off the entry to your residence. Take a scenic stroll on the new Captain's walk, observing all the beauty nature has to offer. You may see Dolphins, Manatees, and numerous species of birds during your walk. This private end unit is light and bright as pictures show including the "Virtually Staged Furniture" which show future possibilities. Tile flooring, new ceiling fans, paint and new carpeting in the living room and primary bedroom. Updated granite kitchen, glass tile black splash, pantry, pass thru to the dining area, split bedrooms. The Primary bedroom opens to the screened lanai, bath features dual vanity, tile shower and walk-in organizer closet. The guest bedroom also has an organizer closet and large window overlooking the boats and river. Utility room: new washer/dryer and water heater and extra cabinetry and storage. Updated screened lanai with massive river views has tile floor, new railings and screens. All electric hurricane shutters throughout the unit. Under building, assigned parking just down the stairs with locked storage room. Relax and Enjoy the Heated Swimming Pool with wide water views, BBQ grill for cookouts with seating and lounge chairs for your suntan, and bathrooms are located at the north end of the building. Just a quick walk to the all new Jaycee Park which should be open soon. This condominium is available to see anytime. Sorry, no pets allowed. HOA includes building insurance from drywall out and potable water / sewer.

Property details

Type
Condominium
Year built
1988
Interior
1,305 sqft
Lot size
4,356 sqft
Acreage
0.10 acres
Garage
1 car
Days on market
54
Total association fees
$8,964/yr (~$747/mo)
CDD
None
Est. taxes (1.4%)
$5,166/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
None listed
Exposure
East
Waterfront
Yes
Gulf access
No
Gulf access type
N/A
Pool
Yes
Spa
No
Natural gas
No
Water
Assessment Paid
Sewer
Assessment Paid
New construction
No
Pets
No
County
Lee

Total association fees sums the core association dues the MLS feed provides (HOA, condo/master association, and land lease), normalized to a yearly figure. These are separate from and additional to specialty charges — mandatory club or food-and-beverage minimums, special assessments, and rec-lease fees — which the IDX feed does not carry. Always confirm the full fee schedule with the HOA or listing agent.

Maintenance included in the fee

AssociationManagementInsuranceIrrigationWaterMaintenanceGroundsPestControlRecreationFacilitiesReserveFundRoadMaintenanceSewerStreetLightsWater

What the association dues cover, per the MLS. Confirm the full schedule with the HOA.

Amenities

PoolStorageManagement

Flood risk shown is an area-level estimate and can differ from a specific unit's actual FEMA designation (which varies by structure and elevation). Look up this address on the FEMA Flood Map and verify with a licensed insurance agent before relying on it.

Above marketThis home is priced above comparable recent sales.
This home
$283/sqft
Comp median
$250/sqft
Difference
+13%

Based on the $/sqft of 11 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.

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Your notes on this home

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Recently sold nearby

Closed comparable sales within ~1 mile in the last 12 months — similar price, size, beds/baths, and age.

AddressSoldSold priceBeds/BathsSq ft$/sqft
4013 SE 20th Place 205Oct 2025$324,0002/21,295$250
1929 SE 40th Terrace 2Mar 2026$428,8002/21,250$343
4001 SE 19th Place 2Jun 2026$368,0002/21,226$300
4115 SE 18th Place 201Nov 2025$280,0002/21,362$206
4229 SE 19th Place 1CApr 2026$280,0002/21,360$206
1623 SE 39th TerraceJul 2026$439,0003/21,479$297
Average6 comps$353,300$267

Market trends — Cape Coral

Median list
$399,999
Median $/sqft
$234
Median sold (90d)
$384,900
Avg days on market
93
Active listings
2,525
Median sold price · Cape Coral
$382,000last 3 months7% vs $356,900 prior 3 months
Median closed price by month · Cape Coral
2.6% MoM11.3% YoY
$340k$368k$395kJul ’25Jul ’26
$395,000Jul ’26 · 314 sales

Median of closed MLS sales each month over the available window. Months with too few sales are omitted; the range extends automatically as more sales close.

Live area medians from the MLS · see all listings. Indicative, not an appraisal.

Price & status history

Down $69,000 (18.7%) from the original list price.

Dec 31, 2025Sold$300,000
Sep 27, 2025Listed$369,000

The good, the trade-offs & the location

Pros
  • Private pool
  • Waterfront
Consider
  • Built 1988 — pre-2002 construction may carry older wind codes and higher insurance
  • In a higher-risk flood zone (AE) — flood insurance likely required
Location convenienceHigh
Hospital
4 mi
Cape Coral Hospital
Beach
8.7 mi
Fort Myers Beach
Airport
4.3 mi
Page Field (Fort Myers)
Shopping
4 mi
Bell Tower Shops

Straight-line distances to major SWFL amenities — approximate; actual drive times vary.

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Listing information is provided in part by the Florida Gulf Coast Multiple Listing Service (MLS) through its Broker Reciprocity / Internet Data Exchange (IDX) program. Properties displayed may be listed by brokerages other than SWFL Relocation Team. Data is deemed reliable but is not guaranteed accurate by the MLS or this brokerage and should be independently verified. Fees, flood zones, taxes, square footage, and school assignments are estimates from the feed and must be confirmed. © 2026 SWFL Relocation Team. All rights reserved.