$199,900
2 Bed Waterfront Home for Sale in Cape Coral
4280 SE 20th Place 402, Cape Coral, FL, 33904
About this home
Enjoy breathtaking river and canal views from your fourth -floor 2 bedroom, 2 bathroom upgraded condo! The condo features modern finishes, new stylish flooring and a bright open layout designed for today’s lifestyle. The sleek kitchen showcases shaker-style cabinetry, quartz countertops, stainless steel appliances and plenty of light — perfect for cooking or entertaining. The condo includes a washer and dryer inside, a large personal storage area is also included, ideal for bikes, beach gear, or seasonal items. Enjoy breathtaking sunsets from your screened lanai with desirable southwest exposure overlooking the wide canal and Caloosahatchee River. This residence sustained no hurricane damage. Two elevators ensure easy access, while automatic fire alarms and a professionally managed association offer added security and confidence. River Towers is an active 55+ boating community offering an array of amenities: a heated riverside pool, shuffleboard, a community BBQ area, library, two social rooms, and first-come boat dockage. The community’s prime location at the end of Beach Parkway provides a quiet, desirable setting — just minutes to downtown Cape Coral’s dining and entertainment and steps from the completed $18 million Jaycee Park renovation. The new Park includes walking trails with cooling misters, lighted boardwalk and overlook, huge playground, shaded picnic areas, beach volleyball and dedicated food truck court offering food and beverages. This condo combines location, active lifestyle, and peace of mind — a rare opportunity to enjoy elegant, maintenance-free waterfront living in Southwest Florida. This property is priced for a quick sale, schedule your showing today!
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
- 85
- Total association fees
- $8,268/yr (~$689/mo)
- CDD
- None
- Est. taxes (1.4%)
- $2,799/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- None listed
- Exposure
- Southwest
- Waterfront
- Yes
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- No
- 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
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 |
|---|---|---|---|---|---|
| 4260 SE 20th Place 502 | Aug 2026 | $205,000 | 2/2 | 1,065 | $192 |
| 1926 SE 43rd Street 217 | Aug 2026 | $215,000 | 2/2 | 1,004 | $214 |
| 1912 SE 43rd Street 210 | Mar 2026 | $210,000 | 2/2 | 1,004 | $209 |
| 4116 SE 19th Avenue 102 | Jun 2026 | $190,000 | 2/2 | 1,117 | $170 |
| 4013 SE 19th Place 101 | Jan 2026 | $205,000 | 2/2 | 1,166 | $176 |
| 4012 SE 19th Avenue 103 | Jul 2026 | $175,000 | 2/2 | 1,117 | $157 |
| Average | 6 comps | $200,000 | $186 |
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 $35,000 (15.9%) from the original list price.
| Aug 13, 2026 | Sold | $185,000 |
| Jun 12, 2026 | Price reducedfrom $205,000 | $199,900 |
| Apr 17, 2026 | Listed | $220,000 |
The good, the trade-offs & the location
- Waterfront
- Built 1974 — pre-2002 construction may carry older wind codes and higher insurance
- In a higher-risk flood zone (AE) — flood insurance likely required
- 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.