$268,000
3 Bed Pool Home for Sale in Cape Coral
202 SE 20th Court, Cape Coral, FL, 33990
About this home
INVESTOR SPECIAL – Endless Potential in a Prime Cape Coral Location! Opportunity awaits with this 3-bedroom + den, 2-bath POOL home offering 1,925 square feet and a 2-car garage. Renovations have been started but not completed, making this the perfect project for an investor, flipper, or buyer looking to create their own vision. The home will require significant improvements, including a new roof, flooring, kitchen, bathrooms, garage door, exterior fencing, and other repairs. Situated on a desirable corner lot in a well-established neighborhood just off Del Prado Parkway, this property features CITY WATER AND SEWER with all assessments paid and is NO FLOOD INSURANCE REQUIRED. Enjoy a beautiful screened pool with an in-ground spa and a spacious floor plan ready to be transformed. Conveniently located near shopping, restaurants, hospitals, schools, and with easy access to downtown Fort Myers. CASH OFFERS ONLY. This is an excellent value-add opportunity with tremendous upside in a sought-after location. Similar renovated homes are selling just under $400k.
Property details
- Type
- SingleFamilyResidence
- Year built
- 1988
- Interior
- 1,925 sqft
- Lot size
- 11,238.48 sqft
- Acreage
- 0.26 acres
- Garage
- 2 car
- Days on market
- 0
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $3,752/yr
- Flood zone (area est.)
- No · Low risk (X)
- Storm protection
- Shutters
- Exposure
- West
- Waterfront
- No
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- Yes
- Spa
- Yes
- Natural gas
- No
- Water
- Public
- Sewer
- Public Sewer
- 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 |
|---|---|---|---|---|---|
| 1930 SE 1st Street | Oct 2025 | $299,000 | 3/2 | 2,079 | $144 |
| 1718 SE Van Loon Terrace | Feb 2026 | $259,000 | 3/2 | 2,103 | $123 |
| 2223 NE 5th Street | Nov 2025 | $300,000 | 3/2 | 1,931 | $155 |
| Average | 3 comps | $286,000 | $141 |
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.
The good, the trade-offs & the location
- Lower flood risk (zone X)
- Private pool
- Storm protection: Shutters
- 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.