$640,000
3 Bed 2 Bath Pool Waterfront SingleFamilyResidence for Sale in CAPE CORAL, FL
1438 SE 20th Street, Cape Coral, FL, 33990
About this home
Gulf Access – Boater’s Paradise! This exceptional Cape Coral home offers direct Gulf access and sits on a rare oversized 143 ft deep lot with desirable southern exposure. Enjoy true waterfront living with a 12,000 lb boat lift, wrap-around dock, and a Tiki Hut on a cantilever deck - the perfect place to relax by the water. Beautifully tiled throughout, the home features a spacious primary suite with walk-in shower, dual sinks, and large walk-in closet. The primary bedroom offers private access to the lanai and outdoor spa, while the guest bath also opens to the lanai for poolside convenience. Bedroom 3 includes a generous walk-in closet for extra storage. You’ll love the outdoor kitchen complete with electric cooktop, vented exhaust fan, stainless sink, and mini refrigerator, perfect for entertaining. The pool and spa area feature upgraded color-changing lighting, a recently resealed pool deck (2025), and a new pool pump (2024). Enjoy peace of mind with fully hurricane-protected windows and doors, accordion shutters for the sliders, and impact-rated front and garage doors. The home sits at approximately 13 ft elevation, has been replumbed, includes upgraded attic insulation, and a new A/C (2022) with recent service. Additional upgrades include epoxy garage floor, new gutters (2023), reinforced pool cage, aluminum privacy fence, and a 2024 irrigation control unit. The FURNITURE is negotiable. Every upgrade has been thoughtfully maintained—offering comfort, functionality, and the ultimate Florida waterfront lifestyle!
Property details
- Type
- SingleFamilyResidence
- Year built
- 1986
- Interior
- 1,904 sqft
- Lot size
- 11,586.96 sqft
- Acreage
- 0.27 acres
- Garage
- 2 car
- Days on market
- 27
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $8,960/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- Impact Windows/Doors
- Exposure
- South
- Waterfront
- Yes
- Gulf access
- Yes
- Gulf access type
- Direct — no bridges
- 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 4 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 |
|---|---|---|---|---|---|
| 1317 SE 21st Street | Jan 2026 | $550,000 | 3/2 | 1,742 | $316 |
| 1321 SE 21st Lane | May 2026 | $665,000 | 4/2 | 1,790 | $372 |
| 1215 SE 21st Street | Jun 2026 | $662,000 | 3/2 | 2,091 | $317 |
| 1800 SE 21st Street | Sep 2025 | $640,000 | 3/2 | 1,779 | $360 |
| Average | 4 comps | $629,250 | $341 |
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 $10,000 (1.6%) from the original list price.
| Jan 14, 2026 | Sold | $630,000 |
| Nov 6, 2025 | Listed | $640,000 |
The good, the trade-offs & the location
- Private pool
- Gulf access (Direct — no bridges)
- Storm protection: Impact Windows/Doors
- 2-car garage
- Built 1986 — 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.