$248,900
2 Bed 2 Bath Waterfront Condominium for Sale in RIVER TOWERS CONDO, FL
4280 SE 20th Place 802, Cape Coral, FL, 33904
About this home
Enjoy breathtaking river and canal views from this beautifully updated 2-bedroom, 2-bath condo perched on the 8th floor of River Towers in SE Cape Coral. This light-filled unit offers a bright and open floor plan with southwest-facing views of the Caloosahatchee River and surrounding canals—perfect for enjoying both stunning sunrises and sunsets from your private lanai, living room, or primary bedroom. The updated kitchen features granite countertops, a decorative tile backsplash, and stainless steel appliances. Both bathrooms have been tastefully renovated with newer vanities, granite counters, and modernized showers. Additional features include tile in the wet areas, carpet in living spaces, upgraded doors, hurricane-impact windows and sliders (new 2018), and the convenience of in-unit laundry. A brand-new AC (March 2024) adds peace of mind and added value. This condo can be offered fully furnished and turnkey, making it easy to move right in and start enjoying the Florida lifestyle immediately. River Towers is an active 55+ community offering a newly updated heated riverfront pool, shuffleboard, a tiki area ideal for watching dolphins and manatees, a new community BBQ area, two community rooms, a library, and more. Each unit comes with an assigned parking space, a private 10x10 storage unit, and access to a community laundry facility for larger loads. Boat up to the new boardwalk and fish the afternoon away on the new pier! Located just a short walk to the soon-to-be enhanced Jaycee Park and a quick bike ride to Downtown Cape Coral, this condo offers the perfect combination of location, comfort, and lifestyle. Whether you're looking for a year-round residence or a seasonal retreat, this is Florida waterfront living at its best.
Property details
- Type
- Condominium
- Year built
- 1974
- Interior
- 1,065 sqft
- Lot size
- 10,480.536 sqft
- Acreage
- 0.24 acres
- Garage
- None
- Days on market
- 47
- Total association fees
- $7,236/yr (~$603/mo)
- CDD
- None
- Est. taxes (1.4%)
- $3,485/yr
- Flood zone (area est.)
- No · Low risk (X)
- Storm protection
- Impact Windows/Doors
- Exposure
- Southwest
- Waterfront
- Yes
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- No
- Spa
- No
- Natural gas
- No
- Water
- Public
- Sewer
- Public Sewer
- 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
What the association dues cover, per the MLS. Confirm the full schedule with the HOA.
Amenities
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.
Based on the $/sqft of 6 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.
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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.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 1915 SE 40th Terrace 103 | Aug 2025 | $255,000 | 2/2 | 1,186 | $215 |
| 1715 SE 46th Lane 3 | Jan 2026 | $270,000 | 2/2 | 1,251 | $216 |
| 1714 Bikini Court 104 | Apr 2026 | $275,000 | 2/2 | 1,050 | $262 |
| 1414 SE 46th Street 2D | Sep 2025 | $215,000 | 2/2 | 1,160 | $185 |
| 1411 SE 43rd Street | Sep 2025 | $260,000 | 2/2 | 1,190 | $218 |
| 1332 SE 44th Street | Nov 2025 | $215,000 | 2/1 | 1,047 | $205 |
| Average | 6 comps | $248,333 | $217 |
Market trends — Cape Coral
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 $12,900 (5%) from the original list price.
| Dec 23, 2025 | Sold | $247,000 |
| Nov 5, 2025 | Price reducedfrom $259,900 | $248,900 |
| Oct 18, 2025 | Listed | $259,900 |
The good, the trade-offs & the location
- Lower flood risk (zone X)
- Waterfront
- Storm protection: Impact Windows/Doors
- Built 1974 — pre-2002 construction may carry older wind codes and higher insurance
- No garage listed
- 55+ age-restricted community
Straight-line distances to major SWFL amenities — approximate; actual drive times vary.
Nearby schools
Get more information on their programs, scores, and extracurriculars on each school's page · browse the full schools directory.
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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.