2 Bed Waterfront Home for Sale in Cape Coral
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For SaleMLS# 2026011079

$219,000

2 Bed Waterfront Home for Sale in Cape Coral

4280 SE 20th Place 703, Cape Coral, FL, 33904

2 beds2 baths1,065 sqft
GatedBoatingCommunity Pool55+Waterfront

About this home

Wake up to stunning sunrises and unwind with breathtaking sunsets over the Caloosahatchee River. This light and bright 7th-floor waterfront condo offers sweeping southwest views of the river and intersecting canals, where you will be in constant awe of the beautiful SWFL skyline. Featuring a 2-bedroom, 2-bath split floor plan, this residence provides both comfort and privacy, along with the convenience of in-unit laundry and tile flooring throughout. The spacious balcony extends the living area, creating the perfect place to relax and take in the water views and coastal breezes. Located in the well-maintained River Towers 55+ community, this condo offers an excellent opportunity to update and personalize while staying within budget and enjoying an unbeatable riverfront setting. Community amenities include a heated riverside pool, tiki hut, fishing pier, grilling areas, shuffleboard, library, and community rooms, with a kayak launch and storage rack coming soon. Boat docks are available on a first-come, first-served basis. Steps from Jaycee Park and conveniently located just off Del Prado Boulevard with quick access to shopping, dining, entertainment, and nearby beaches, this location offers the perfect blend of peaceful waterfront living and everyday convenience. Don't miss out on this opportunity and schedule your provate 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
174
Total association fees
$8,268/yr (~$689/mo)
CDD
None
Est. taxes (1.4%)
$3,066/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
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

CableTvInsuranceLegalAccountingMaintenanceGroundsPestControlRecreationFacilitiesReserveFundTrashWater

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

Amenities

BoatDockBoatRampLibraryBarbecuePicnicAreaPoolShuffleboardCourtTrailsTrashManagement

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.

At marketThis home is priced in line with comparable recent sales.
This home
$206/sqft
Comp median
$201/sqft
Difference
+2%

Based on the $/sqft of 6 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
4280 SE 20th Place 802Dec 2025$247,0002/21,065$232
4260 SE 20th Place 502Aug 2026$205,0002/21,065$192
1926 SE 43rd Street 217Aug 2026$215,0002/21,004$214
1912 SE 43rd Street 210Mar 2026$210,0002/21,004$209
4116 SE 19th Avenue 102Jun 2026$190,0002/21,117$170
4013 SE 19th Place 101Jan 2026$205,0002/21,166$176
Average6 comps$212,000$199

Market trends, Cape Coral

Median list
$399,000
Median $/sqft
$232
Median sold (90d)
$385,000
Avg days on market
94
Active listings
2,481
Median sold price · Cape Coral
$385,000last 3 months7.2% vs $359,000 prior 3 months
Median closed price by month · Cape Coral
1.3% MoM8.4% YoY
$340k$365k$390kJul ’25Aug ’26
$384,750Aug ’26 · 413 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 $41,000 (15.8%) from the original list price.

Aug 4, 2026Price reducedfrom $260,000$219,000
Mar 9, 2026Listed$260,000

The good, the trade-offs & the location

Pros
  • Waterfront
Consider
  • 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
Location convenienceHigh
Hospital
4.2 mi
HealthPark Medical Center
Beach
8.2 mi
Fort Myers Beach
Airport
4.4 mi
Page Field (Fort Myers)
Shopping
3.9 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.