2 Bed Waterfront Home for Sale in Cape Coral, FL, $175,000
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For SaleMLS# 2026033144

$175,000

2 Bed Waterfront Home for Sale in Cape Coral, FL, $175,000

4260 SE 20th Place 401, Cape Coral, FL, 33904

2 beds2 baths1,065 sqft
BoatingClubhousePlayground55+Waterfront

About this home

Renovated - NEW AC, corner unit offers wide canal, partial river, and intersecting canal views. Enjoy stunning sunsets from your screened balcony/lanai. River Towers is a 55+ community with a riverfront pool, Tiki hut, shuffleboard, fishing pier, car wash, horseshoe area, extra storage, assigned parking, and guest spaces. Unit 401 features a bright kitchen with a breakfast bar, open living/dining area, 2 master suite-style bedrooms, and an in-unit laundry room. Plus, you can watch the Fourth of July fireworks from your condo and walk or bike to Jaycee Park for events or riverside relaxation. It's the perfect Florida paradise you've been dreaming of!

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
$6,000/yr (~$500/mo)
CDD
None
Est. taxes (1.4%)
$2,450/yr
Flood zone (area est.)
No · Low risk (X)
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
Assessment Paid
Sewer
Assessment Paid
New construction
No
Pets
Call, Conditional
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

Other

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

Amenities

BoatDockClubhousePlaygroundShuffleboardCourtSidewalksManagement

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
$164/sqft
Comp median
$149/sqft
Difference
+10%

Based on the $/sqft of 5 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
4116 SE 19th Avenue 102Jun 2026$190,0002/21,117$170
4012 SE 19th Avenue 103Jul 2026$175,0002/21,117$157
1705 Beach Parkway 207Apr 2026$185,0002/21,241$149
1766 Cape Coral Parkway 110Jan 2026$150,0002/21,082$139
1766 Cape Coral Parkway 410Feb 2026$161,0002/21,082$149
Average5 comps$172,200$153

Market trends — Cape Coral

Median list
$399,990
Median $/sqft
$234
Median sold (90d)
$385,000
Avg days on market
94
Active listings
2,495
Median sold price · Cape Coral
$385,000last 3 months7.2% vs $359,000 prior 3 months
Median closed price by month · Cape Coral
11.9% MoM24.5% YoY
$340k$391k$442kJul ’25Aug ’26
$442,000Aug ’26 · 20 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
  • Storm protection: Impact Windows/Doors
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.