$265,000
3 Bed Waterfront Home for Sale in Cape Coral
109 NE 20th Court, Cape Coral, FL, 33909
About this home
Waterfront Value Opportunity in Cape Coral Welcome to easy Florida living on a peaceful freshwater canal. This move-in ready waterfront home offers a rare combination of location, lifestyle, and value — perfect for full-time residents, snowbirds, or savvy investors. Inside, you’ll find a freshly updated interior featuring new paint inside and out, new carpet, and refreshed cabinetry, giving the home a clean, modern feel with no immediate projects needed. The open, light-filled layout flows effortlessly, making everyday living and entertaining a breeze. Step outside and enjoy tranquil canal views from your backyard — ideal for fishing, kayaking, or relaxing with your morning coffee. This freshwater canal means lower maintenance and costs while still delivering the waterfront lifestyle Cape Coral is known for. ? Move-in ready ? Waterfront living without the gulf-access price tag ? Ideal for primary home, seasonal use, or investment .
Property details
- Type
- SingleFamilyResidence
- Year built
- 1988
- Interior
- 1,440 sqft
- Lot size
- 10,018.8 sqft
- Acreage
- 0.23 acres
- Garage
- 2 car
- Days on market
- 136
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $3,710/yr
- Flood zone (area est.)
- No · Low risk (X)
- 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
- 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 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 |
|---|---|---|---|---|---|
| 126 SE 21st Place | Feb 2026 | $248,000 | 3/2 | 1,469 | $169 |
| 106 NE 17th Avenue | Apr 2026 | $280,000 | 3/2 | 1,312 | $213 |
| 2303 NE 5th Street | Mar 2026 | $250,000 | 3/2 | 1,462 | $171 |
| 2220 SE 2nd Terrace | Nov 2025 | $260,000 | 3/2 | 1,449 | $179 |
| 1813 Bolado Parkway | Dec 2025 | $269,000 | 3/2 | 1,442 | $187 |
| 4344 Saint Clair Avenue | Feb 2026 | $267,000 | 3/2 | 1,396 | $191 |
| Average | 6 comps | $262,333 | $185 |
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 $99,900 (27.4%) from the original list price.
| Apr 13, 2026 | Sold | $265,000 |
| Mar 2, 2026 | Price reducedfrom $290,000 | $265,000 |
| Oct 24, 2025 | Listed | $364,900 |
The good, the trade-offs & the location
- Lower flood risk (zone X)
- Waterfront
- 2-car garage
- Built 1988 — pre-2002 construction may carry older wind codes and higher insurance
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.