$378,000
2 Bed Pool Home for Sale in Cape Coral, FL, $378,000
423 SW 12th Street, Cape Coral, FL, 33991
About this home
Waterfront living with breathtaking views of Lake Alhambra – and NO Flood Zone! Nestled by a quiet cul-de-sac in the heart of Cape Coral, this beautifully maintained waterfront home offers 2,037 square feet of bright, inviting living space with spectacular long lake views. Featuring 2 bedrooms, 2 bathrooms, and a private flex room complete with a walk-in closet and sliding glass doors to the pool area, this versatile space is ideal as a home office, den, guest suite, or potential third bedroom. Step outside to your screened lanai and sparkling in-ground pool, where you'll enjoy peaceful waterfront sunsets and seamless indoor-outdoor living. A private concrete dock provides direct access for boating, kayaking, fishing, or simply taking in the beauty of Lake Alhambra. Recent updates provide peace of mind, including a new roof (2022), new A/C (2021), and electric storm shutters (2023). Constructed of durable concrete block and stucco, the home also features an attached two-car garage and NO HOA. Best of all, this property is located in a NO Flood Zone, offering added peace of mind and potential insurance savings. Conveniently located near shopping, dining, parks, schools, and all that Cape Coral has to offer. Don't miss this rare opportunity to own a beautiful waterfront home with stunning views, modern updates, and the peace of mind that comes with being in a NO Flood Zone. (Note sone photos are Virtually Stagedf)
Property details
- Type
- SingleFamilyResidence
- Year built
- 1990
- Interior
- 2,037 sqft
- Lot size
- 10,018.8 sqft
- Acreage
- 0.23 acres
- Garage
- 2 car
- Days on market
- 0
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $5,292/yr
- Flood zone (area est.)
- No · Low risk (X)
- Storm protection
- None listed
- Exposure
- North
- 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
- Yes
- County
- Lee
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 10 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.
Seeing several homes? Build a tour and we'll route it for you.
Your notes on this home
Keep private notes on this home — what you love, what to ask about — saved to your account and shared with your agent.
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 |
|---|---|---|---|---|---|
| 1206 SW 1st Place | Apr 2026 | $438,000 | 3/2 | 2,089 | $210 |
| 1217 SW 1st Avenue | May 2026 | $435,500 | 3/2 | 2,032 | $214 |
| 415 SW 7th Terrace | Nov 2025 | $346,000 | 3/2 | 1,897 | $182 |
| 1514 SW 4th Place | Feb 2026 | $333,000 | 3/2 | 1,997 | $167 |
| 219 SW Trafalgar Parkway | Mar 2026 | $297,000 | 3/2 | 1,929 | $154 |
| 805 SW 8th Court | Jul 2026 | $470,000 | 3/2 | 1,919 | $245 |
| Average | 6 comps | $386,583 | $195 |
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.
The good, the trade-offs & the location
- Lower flood risk (zone X)
- Private pool
- Waterfront
- 2-car garage
- Built 1990 — pre-2002 construction may carry older wind codes and higher insurance
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.
Similar homes nearby
$399,000
MLS# 20250193231624 Emerald Cove Drive, Cape Coral, FL, 33991
$389,900
MLS# 2026023665836 SW 18th Street, Cape Coral, FL, 33991
$450,000
MLS# 20260124451229 SW 24th Street, Cape Coral, FL, 33991
$390,000
MLS# 20260051051503 NW 29th Place, Cape Coral, FL, 33993
$450,000
MLS# 20260313001143 NW 20th Place, Cape Coral, FL, 33993
$350,000
MLS# 2025019318232 SE 24th Street, Cape Coral, FL, 33990
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.