2 Bed Waterfront Home for Sale in Cape Coral
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For SaleMLS# 2026035579

$405,000

2 Bed Waterfront Home for Sale in Cape Coral

4230 SE 20th Place 302, Cape Coral, FL, 33904

2 beds2 baths1,133 sqft
BoatingClubhouseCommunity PoolWaterfront

About this home

Condo come with dock and lift and just a 3 MINUTE BOAT RIDE TO THE RIVER with boat available with purchase. This beautiful open concept western exposure third floor (elevator available) 2-bedroom, 2-bathroom condo with river and canal views is waiting for you. With lots of natural light, this condo sits at the end of Beach Pkwy, across the street from the new Jaycee Park and walkable to dining and entertainment. The unit comes with a deeded dock that can fit a boat up to 40' in length. The dock is complete with Trex decking, water, and electric and the lift is less than 3 years old. Walk out onto the large balcony through the sliders in the living room or the master bedroom and enjoy the view of looking down at your boat while dolphins swim by. Equipped with a storage closet, covered carport, washer and dryer of lanai, a 2015 14 Seer AC unit, the unit was replumbed in 2012, new water heater, and stackable washer and dryer, and includes impact windows and hurricane shutters on the balcony. Financially and structurally sound HOA, and 100% reserve funded. Schedule your personal showing today.

Property details

Type
Condominium
Year built
1987
Interior
1,133 sqft
Lot size
24,132.24 sqft
Acreage
0.55 acres
Garage
None
Days on market
0
Total association fees
$8,760/yr (~$730/mo)
CDD
None
Est. taxes (1.4%)
$5,670/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
Impact Windows/Doors
Exposure
West
Waterfront
Yes
Gulf access
Yes
Gulf access type
Direct — no bridges
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

AssociationManagementCableTvInsuranceInternetLegalAccountingMaintenanceGroundsPestControlRecreationFacilitiesReserveFundTrashWater

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

Amenities

BoatDockBoatRampClubhouseBarbecuePicnicAreaPoolBoatSlipSpaHotTubManagement

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
$357/sqft
Comp median
$343/sqft
Difference
+4%

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
4001 SE 19th Place 2Jun 2026$368,0002/21,226$300
1929 SE 40th Terrace 2Mar 2026$428,8002/21,250$343
4647 SE 17th Place 103Apr 2026$360,0002/2982$367
Average3 comps$385,600$337

Market trends, Cape Coral

Median list
$399,900
Median $/sqft
$234
Median sold (90d)
$389,000
Avg days on market
95
Active listings
2,466
Median sold price · Cape Coral
$387,500last 3 months8.4% vs $357,500 prior 3 months
Median closed price by month · Cape Coral
0.3% MoM10.4% YoY
$340k$366k$392kJul ’25Aug ’26
$392,000Aug ’26 · 278 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
  • Gulf access (Direct — no bridges)
  • Storm protection: Impact Windows/Doors
Consider
  • Built 1987 — 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
Location convenienceHigh
Hospital
4.3 mi
HealthPark Medical Center
Beach
8.3 mi
Fort Myers Beach
Airport
4.4 mi
Page Field (Fort Myers)
Shopping
4 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.