2 Bed Waterfront Home for Sale in Cape Coral
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For SaleMLS# 2026013942

$299,900

2 Bed Waterfront Home for Sale in Cape Coral

4260 SE 20th Place 801, Cape Coral, FL, 33904

2 beds2 baths1,065 sqft
GatedBoatingClubhouseCommunity Pool55+Waterfront

About this home

Enjoy your morning coffee with beautiful views of the Caloosahatchee and intersecting 200 ft canals and Cape Coral’s 4th of July fireworks display from this top floor end unit at River Towers. This 2 bed, 2 bath condo is located on the 8th floor and features newer carpet in guest bedroom, Living room with laminate floors, fireplace and sliding glass doors to the enclosed balcony, newer Stainless appliances in kitchen, newer A/C (2020) and electric shutters on the screened balcony. There is a large storage room on the ground floor. River Towers is a 55+ community with several amenities, including a very large heated riverfront swimming pool with Tiki hut, shuffleboard, horseshoes, billiards, ping pong, a library and 2 social rooms. New Community boat docks that are first come, first serve and a new fishing pier. Each unit includes one assigned parking space and plenty of guest parking. Just minutes to downtown Cape Coral, shopping & dining. Walk to Jaycee Park, a Riverfront park that is under renovation now but should be opening soon. Sorry no pets allowed and no smoking.

Property details

Type
Condominium
Year built
1973
Interior
1,065 sqft
Lot size
10,506.672 sqft
Acreage
0.24 acres
Garage
None
Days on market
0
Total association fees
$8,268/yr (~$689/mo)
CDD
None
Est. taxes (1.4%)
$4,199/yr
Flood zone (area est.)
No · Low risk (X)
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

AssociationManagementCableTvInsuranceIrrigationWaterLegalAccountingMaintenanceGroundsPestControlRecreationFacilitiesReserveFundRoadMaintenanceSewerStreetLightsTrashWater

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

Amenities

BoatDockBilliardRoomBilliardsBikeStorageClubhouseLibraryBarbecuePicnicAreaPierPoolShuffleboardCourtStorageSidewalksTrashManagement

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
$282/sqft
Comp median
$218/sqft
Difference
+29%

Based on the $/sqft of 3 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.

AddressSoldSold priceBeds/BathsSq ft$/sqft
1715 SE 46th Lane 3Jan 2026$270,0002/21,251$216
1714 Bikini Court 104Apr 2026$275,0002/21,050$262
1411 SE 43rd StreetSep 2025$260,0002/21,190$218
Average3 comps$268,333$232

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.

The good, the trade-offs & the location

Pros
  • Lower flood risk (zone X)
  • Waterfront
Consider
  • Built 1973 — pre-2002 construction may carry older wind codes and higher insurance
  • 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.