$965,000
3 Bed Pool Home for Sale in Cape Coral
3926 SE 12th Avenue, Cape Coral, FL, 33904
About this home
**X500 "OUT" of special flood hazard area** New roof 2023, new air conditioner 2025. Gulf Access Pool & Spa Home with Strong Vacation Rental History. If you’ve been looking for a waterfront home that offers both lifestyle and income potential, this Southeast Cape Coral property deserves your attention. Situated on a Gulf access canal, this pool and spa home has been operating as a **very successful vacation rental**, making it an attractive opportunity for buyers seeking a property that can generate revenue while also serving as a personal retreat. Inside, the home offers a bright, open living space with large windows and sliding glass doors that draw your attention to the pool area and canal views. The kitchen provides ample cabinet space and flows naturally into the dining and living areas, creating a comfortable setting for everyday living or entertaining guests. Outside, the pool and spa area overlooks the canal, creating a private setting to enjoy the Florida sunshine after a day on the water. For boating enthusiasts, the canal provides Gulf access, giving you the ability to explore Southwest Florida’s waterways right from your backyard. With its strong rental performance, waterfront location, and proximity to shopping, dining, and entertainment, this property offers a rare combination of lifestyle and investment opportunity.
Property details
- Type
- SingleFamilyResidence
- Year built
- 2002
- Interior
- 1,980 sqft
- Lot size
- 12,283.92 sqft
- Acreage
- 0.28 acres
- Garage
- 2 car
- Days on market
- 73
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $13,510/yr
- Flood zone (area est.)
- No · Low risk (X)
- Storm protection
- Impact Windows/Doors
- Exposure
- West
- 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 5 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 |
|---|---|---|---|---|---|
| 4413 SE 13th Place | Jun 2026 | $780,000 | 3/2 | 1,835 | $425 |
| 1640 SE 40th Street | Jul 2026 | $740,000 | 3/3 | 1,905 | $388 |
| 820 SE 43rd Street | Dec 2025 | $950,000 | 3/3 | 2,171 | $438 |
| 3630 SE 17th Avenue | Feb 2026 | $730,000 | 3/2 | 2,061 | $354 |
| 1816 SE 36th Terrace | Apr 2026 | $725,000 | 3/2 | 2,107 | $344 |
| Average | 5 comps | $785,000 | $390 |
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 $20,000 (2%) from the original list price.
| May 20, 2026 | Price reducedfrom $985,000 | $965,000 |
| Mar 10, 2026 | Listed | $985,000 |
The good, the trade-offs & the location
- Built 2002 — post-2002 Florida wind codes (typically lower insurance)
- Lower flood risk (zone X)
- Private pool
- Waterfront
- Storm protection: Impact Windows/Doors
- 2-car garage
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.