$534,900
3 Bed 2 Bath Pool Waterfront SingleFamilyResidence for Sale in CAPE CORAL, FL
4209 NW 20th Terrace, Cape Coral, FL, 33993
About this home
Waterfront Pool Home – This spacious 3-bedroom, 2-bath split floor plan home offers an open-concept layout designed for comfort and entertaining. The property features a private pool and a large yard, all overlooking the water—ideal for relaxing or enjoying Florida’s outdoor lifestyle. Inside, the home boasts bright living spaces with a flowing layout that seamlessly connects the kitchen, dining area, and family room. The split bedroom plan provides privacy, with the primary suite separated from the guest bedrooms. This property needs renovation and updating, making it the perfect canvas for customization. With its prime waterfront location, generous lot size, and desirable layout, it’s an excellent investment opportunity or future forever home.
Property details
- Type
- SingleFamilyResidence
- Year built
- 2000
- Interior
- 2,257 sqft
- Lot size
- 10,018.8 sqft
- Acreage
- 0.23 acres
- Garage
- 2 car
- Days on market
- 45
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $7,489/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- None listed
- Exposure
- North
- Waterfront
- Yes
- Gulf access
- Yes
- Gulf access type
- Direct — no bridges
- Pool
- Yes
- Spa
- No
- Natural gas
- No
- Water
- Well
- Sewer
- Septic Tank
- 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 |
|---|---|---|---|---|---|
| 4125 NW 16th Terrace | Jul 2026 | $455,000 | 3/3 | 2,360 | $193 |
| 1640 NW 39th Avenue | Dec 2025 | $595,000 | 3/2 | 2,453 | $243 |
| 1506 NW 37th Place | Apr 2026 | $599,900 | 3/2 | 2,453 | $245 |
| Average | 3 comps | $549,967 | $227 |
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 $85,000 (14.3%) from the original list price.
| Dec 30, 2025 | Sold | $510,000 |
| Dec 2, 2025 | Price reducedfrom $545,000 | $534,900 |
| Oct 30, 2025 | Listed | $595,000 |
The good, the trade-offs & the location
- Private pool
- Gulf access (Direct — no bridges)
- 2-car garage
- Built 2000 — 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.