$500,000
3 Bed 2 Bath Pool Waterfront SingleFamilyResidence for Sale in CAPE CORAL, FL
4923 Santa Monica Court, Cape Coral, FL, 33904
About this home
Prime Gulf Access Property with Endless Potential! Welcome to 4923 Santa Monica Court, where opportunity meets coastal charm! This three-bedroom, two-bath waterfront gem is perfectly situated on the desirable Seville Canal with direct Gulf access—offering you the chance to create your dream waterfront oasis. Step inside and discover a bright, open living space that seamlessly blends indoor and outdoor living. The sliding glass doors pocket into the wall, opening up to a spacious lanai that’s perfect for entertaining or simply relaxing while enjoying the tranquil water views. The oversized pool, resurfaced just a few years ago, invites you to take a refreshing dip while watching boats glide by. Plenty of possibilities await! Whether you choose to enjoy the home as it is, update it into a lucrative vacation rental, or design a custom waterfront retreat, this property offers endless potential. No flood damage and a new roof installed in June 2023 give you peace of mind as you plan your vision. The lot is also an ideal canvas for building a custom home, surrounded by a charming mix of established homes and stunning multimillion-dollar estates. Located just minutes from downtown Cape Coral and the vibrant, up-and-coming Bimini Basin project, you’ll enjoy the perfect blend of convenience and coastal allure. For boating enthusiasts, this location is a dream! Enjoy quick access to Fort Myers Beach, Sanibel, Captiva, and other tropical destinations. Don’t miss this incredible opportunity to own a piece of Florida paradise. Schedule your private tour today and explore the possibilities!
Property details
- Type
- SingleFamilyResidence
- Year built
- 1985
- Interior
- 1,518 sqft
- Lot size
- 10,105.92 sqft
- Acreage
- 0.23 acres
- Garage
- 2 car
- Days on market
- 277
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $7,000/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- None listed
- Exposure
- East
- Waterfront
- Yes
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- Yes
- Spa
- Yes
- Natural gas
- No
- Water
- Assessment Paid
- Sewer
- Assessment Paid
- 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 |
|---|---|---|---|---|---|
| 5252 Seminole Court | Jan 2026 | $505,000 | 3/2 | 1,685 | $300 |
| 118 SE 43rd Street | Jul 2026 | $510,000 | 3/2 | 1,464 | $348 |
| 4306 SW 3rd Avenue | May 2026 | $575,000 | 3/2 | 1,697 | $339 |
| Average | 3 comps | $530,000 | $329 |
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 $175,000 (28%) from the original list price.
| Sep 22, 2025 | Sold | $450,000 |
| Aug 15, 2025 | Price reducedfrom $550,000 | $500,000 |
| Dec 4, 2024 | Listed | $625,000 |
The good, the trade-offs & the location
- Private pool
- Waterfront
- 2-car garage
- Built 1985 — pre-2002 construction may carry older wind codes and higher insurance
- In a higher-risk flood zone (AE) — flood insurance likely required
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.