$524,000
3 Bed 2 Bath Pool Waterfront SingleFamilyResidence for Sale in CAPE CORAL, FL
148 SE 23rd Street, Cape Coral, FL, 33990
About this home
This beautiful TURNKEY 3-bedroom, 2-bathroom pool home is ideally situated in Cape Coral on a serene freshwater canal, offering the perfect blend of relaxation and recreation. Whether you're looking for a lucrative vacation rental or a comfortable family home, this property is move-in ready with recent upgrades including a new pool heater, AC unit, and dryer all installed within the past year. Step inside to discover a bright and open living space featuring elegant tile flooring throughout. The custom infinity pool and spacious screened lanai provide an idyllic setting for outdoor entertaining and enjoying the Florida sunshine. Boating enthusiasts will appreciate the included boat dock, offering direct access to the canal. This home truly combines comfort, convenience, and a prime waterfront location. Quick drive to the beach and minutes away from the best Cape Coral restaurants and shopping.
Property details
- Type
- SingleFamilyResidence
- Year built
- 2002
- Interior
- 1,783 sqft
- Lot size
- 10,018.8 sqft
- Acreage
- 0.23 acres
- Garage
- 2 car
- Days on market
- 169
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $7,336/yr
- Flood zone (area est.)
- No · Low risk (X)
- Storm protection
- None listed
- Exposure
- South
- Waterfront
- Yes
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- Yes
- Spa
- No
- Natural gas
- No
- Water
- Assessment Paid
- Sewer
- Public Sewer
- New construction
- No
- Pets
- Yes
- County
- Lee
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 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.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 151 SE 19th Lane | Aug 2025 | $447,500 | 3/2 | 1,785 | $251 |
| 514 SE 20th Street | Mar 2026 | $450,000 | 3/2 | 1,932 | $233 |
| 227 SW 28th Terrace | Jan 2026 | $490,000 | 3/2 | 1,889 | $259 |
| Average | 3 comps | $462,500 | $248 |
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 $34,000 (6.2%) from the original list price.
| Mar 16, 2026 | Sold | $515,000 |
| Jan 2, 2026 | Back on market | |
| Oct 22, 2025 | Price reducedfrom $549,000 | $524,000 |
| Jul 16, 2025 | Listed | $549,000 |
The good, the trade-offs & the location
- Built 2002 — post-2002 Florida wind codes (typically lower insurance)
- Lower flood risk (zone X)
- Private pool
- Waterfront
- 2-car garage
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.