$300,000
3 Bed 3 Bath Waterfront Condominium for Sale in RIVER TOWERS CONDO, FL
4260 SE 20th Place 802, Cape Coral, FL, 33904
About this home
Penthouse living at its finest! This 3-bedroom, 3-bath top-floor condo sits on an oversized cul-de-sac property that forms a peninsula with water on three sides—truly a peninsula piece of paradise. Enjoy breathtaking panoramic views of the Caloosahatchee River with direct river and sailboat access. Inside, the home features tile throughout, an updated kitchen, impact windows, and a spacious open layout with a split-bedroom design. A large private screened balcony and brand-new Captain’s Walk and boat slips further enhance the waterfront lifestyle. Competitive seller financing available to make this dream property a more affordable reality. Community amenities include assignable boat slips, a fishing pier, community pool, BBQ area, shuffleboard, and expansive open green spaces with lush lawns and mature landscaping. Nestled in a 55+ community adjacent to Jaycee Park—now undergoing a major transformation into one of Cape Coral’s premier waterfront destinations—residents will soon enjoy an amphitheater, food truck court with bistro, inclusive playground, splash pad, boardwalk, and pavilions, all anticipated by Fall 2025. A rare opportunity for year-round living or a seasonal retreat with unmatched boating access in a rapidly revitalizing area!
Property details
- Type
- Condominium
- Year built
- 1973
- Interior
- 1,587 sqft
- Lot size
- 216,928.8 sqft
- Acreage
- 4.98 acres
- Garage
- None
- Days on market
- 39
- Total association fees
- $10,836/yr (~$903/mo)
- CDD
- None
- Est. taxes (1.4%)
- $4,200/yr
- Flood zone (area est.)
- No · Low risk (X)
- Storm protection
- Impact Windows/Doors
- Exposure
- Southeast
- Waterfront
- Yes
- Gulf access
- Yes
- Gulf access type
- Indirect — bridges/locks
- 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
What the association dues cover, per the MLS. Confirm the full schedule with the HOA.
Amenities
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 6 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 |
|---|---|---|---|---|---|
| 4244 SE 20th Place 116 | Feb 2026 | $302,000 | 3/2 | 1,593 | $190 |
| 4244 SE 20th Place 117 | Jun 2026 | $279,900 | 2/2 | 1,593 | $176 |
| 1949 Beach Parkway 216 | Mar 2026 | $327,500 | 2/2 | 1,534 | $213 |
| 1829 SE 41st Street 1I | Mar 2026 | $235,000 | 2/2 | 1,456 | $161 |
| 1907 SE 40th Terrace 102 | Apr 2026 | $240,000 | 3/2 | 1,624 | $148 |
| 1419 SE 39th Terrace | May 2026 | $340,000 | 3/2 | 1,629 | $209 |
| Average | 6 comps | $287,400 | $183 |
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 $7,500 (2.5%) from the original list price.
| Nov 5, 2025 | Sold | $292,500 |
| Aug 22, 2025 | Listed | $300,000 |
The good, the trade-offs & the location
- Lower flood risk (zone X)
- Gulf access (Indirect — bridges/locks)
- Storm protection: Impact Windows/Doors
- Built 1973 — pre-2002 construction may carry older wind codes and higher insurance
- No garage listed
- Higher association fees (~$10,836/yr)
- 55+ age-restricted community
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.