$279,000
2 Bed Waterfront Home for Sale in Cape Coral
4260 SE 20th Place 205, Cape Coral, FL, 33904
About this home
SELLER WILL ENTERTAIN ALL OFFERS! Wake up to breathtaking views of the Caloosahatchee River and expansive intersecting canals from this meticulously maintained, move-in-ready second-floor condo. With desirable southwestern exposure, you'll enjoy spectacular water views and beautiful sunsets from every window and your private screened lanai. This light and bright residence features uniform tile flooring throughout, two spacious primary suites, an open-concept kitchen, and an inviting living area designed to maximize the stunning waterfront scenery. Both bathrooms have been tastefully updated with a fresh, airy feel. Additional features include a large utility room with a stackable washer and dryer, plus extra storage. The unit also comes with a designated parking space and a private 10' x 10' ground-floor storage room. River Towers offers exceptional waterfront amenities, including a heated riverside pool, shaded tiki hut, community rooms, library, shuffleboard, and boat docks/lifts available through the HOA on a first-come, first-served basis. A community laundry room is also available for oversized loads. Ideally located within walking distance of Jaycee Park and the scenic walking and biking paths along Beach Parkway, this well-maintained 55+ community is pet-free and non-smoking, making it an ideal full-time residence, winter getaway, or peaceful retirement retreat. Don't miss this opportunity to own affordable waterfront living with incredible views—schedule your private showing today!
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
- 34
- Total association fees
- $4,800/yr (~$400/mo)
- CDD
- None
- Est. taxes (1.4%)
- $3,906/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- Impact Windows/Doors
- Exposure
- Northeast
- 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 5 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 |
|---|---|---|---|---|---|
| 4280 SE 20th Place 802 | Dec 2025 | $247,000 | 2/2 | 1,065 | $232 |
| 1715 SE 46th Lane 3 | Jan 2026 | $270,000 | 2/2 | 1,251 | $216 |
| 1730 Sandy Circle 105 | Jul 2026 | $239,000 | 2/2 | 1,218 | $196 |
| 1714 Bikini Court 104 | Apr 2026 | $275,000 | 2/2 | 1,050 | $262 |
| 1411 SE 43rd Street | Sep 2025 | $260,000 | 2/2 | 1,190 | $218 |
| Average | 5 comps | $258,200 | $225 |
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 $16,000 (5.4%) from the original list price.
| Aug 19, 2026 | Price reducedfrom $285,000 | $279,000 |
| Jul 16, 2026 | Listed | $295,000 |
The good, the trade-offs & the location
- Waterfront
- Storm protection: Impact Windows/Doors
- Built 1973 — 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.