2 Bed Waterfront Home for Sale in Rivers Condo
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For SaleMLS# 2026036966

$380,000

2 Bed Waterfront Home for Sale in Rivers Condo

4013 SE 20th Place 401, Cape Coral, FL, 33904

2 beds2 baths1,305 sqft1 garage
BoatingCommunity PoolWaterfront

About this home

PANORAMIC RIVER VIEWS, A PRIVATE BOAT DOCK WITH A 10,000 POUND LIFT, SECURE GARAGE PARKING, AND A BEAUTIFULLY REMODELED CORNER RESIDENCE! Experience exceptional riverfront living at The Rivers, where boating, luxury finishes, resort-style amenities, and sweeping views of the Caloosahatchee River come together at an outstanding price point. This impeccably remodeled fourth-floor corner residence captures breathtaking water views from the main living areas, enclosed lanai, and spacious owner's suite. Expansive windows fill the interior with natural light while showcasing colorful skies, passing boats, and miles of riverfront scenery. The enclosed lanai provides additional year-round living space for morning coffee, entertaining, or simply relaxing beside the water. The chef-inspired kitchen is a rare find at this price point, featuring professional-grade Viking and Bertazzoni appliances, an induction cooktop, convection oven, stone countertops, a large breakfast bar, generous cabinetry, a Lazy Susan, and a high-capacity garbage disposal. The waterfront owner's suite offers a peaceful retreat with a walk-in closet and private bathroom, while the guest bedroom provides welcoming accommodations for visitors or flexible space for a home office. Boaters will appreciate the private dock with a remote-controlled 10,000 pound boat lift, water and electrical service, and a large dock box. Additional conveniences include elevator access, secure under-building garage parking, and a private storage locker. Residents also enjoy a large heated riverfront swimming pool surrounded by beautifully maintained grounds. The community is not age-restricted and the residence is available turnkey for an effortless transition into the Southwest Florida waterfront lifestyle. Recent building improvements include a new roof completed in 2024 and a new seawall completed in 2025. Located beside the newly revitalized Jaycee Park, the property provides convenient access to a scenic riverfront boardwalk and overlook, splash pad, inclusive playground, beach volleyball, bandshell, shaded gathering spaces, picnic areas, and beautifully enhanced landscaping. Shopping, dining, and everyday conveniences including Publix, Target, Starbucks, and popular local restaurants are only minutes away. The growing South Cape waterfront district, Bimini Square, The Cove at 47th, Slipaway Food Truck Park and Marina, and the Cape Coral Yacht Club area are all within easy reach. This exceptional Cape Coral riverfront condo combines panoramic views, upscale finishes, private boating access, covered parking, abundant storage, community amenities, and an unbeatable waterfront location. Bring your boat and begin enjoying the Florida lifestyle from the moment you arrive.

Property details

Type
Condominium
Year built
1984
Interior
1,305 sqft
Lot size
Not specified
Acreage
Not specified
Garage
1 car
Days on market
0
Total association fees
$8,400/yr (~$700/mo)
CDD
None
Est. taxes (1.4%)
$5,320/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
None listed
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
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

AssociationManagementInsuranceIrrigationWaterLegalAccountingMaintenanceGroundsPestControlRecreationFacilitiesReserveFundSewerTrashWater

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

Amenities

BoatDockBikeStorageCabanaPoolStorageSidewalksManagement

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
$291/sqft
Comp median
$300/sqft
Difference
-3%

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
4013 SE 20th Place 205Oct 2025$324,0002/21,295$250
1929 SE 40th Terrace 2Mar 2026$428,8002/21,250$343
4001 SE 19th Place 2Jun 2026$368,0002/21,226$300
Average3 comps$373,600$298

Market trends, Cape Coral

Median list
$399,000
Median $/sqft
$232
Median sold (90d)
$384,999
Avg days on market
93
Active listings
2,463
Median sold price · Cape Coral
$385,000last 3 months7.4% vs $358,500 prior 3 months
Median closed price by month · Cape Coral
10.5% MoM2.9% YoY
$340k$365k$390kJul ’25Sep ’26
$340,000Sep ’26 · 13 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
  • Waterfront
Consider
  • Built 1984 — pre-2002 construction may carry older wind codes and higher insurance
  • In a higher-risk flood zone (AE) — flood insurance likely required
Location convenienceHigh
Hospital
4 mi
Cape Coral Hospital
Beach
8.7 mi
Fort Myers Beach
Airport
4.3 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.