3 Bed 2 Bath Waterfront SingleFamilyResidence for Sale in CAPE CORAL, FL
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SoldMLS# 2025016212

$310,000

3 Bed 2 Bath Waterfront SingleFamilyResidence for Sale in CAPE CORAL, FL

166 SE 20th Street, Cape Coral, FL, 33990

3 beds2 baths1,871 sqft2 garage
GatedBoatingWaterfront

About this home

BACK ON MARKET DUE TO BUYERS' FINANCING! Beautiful Waterfront Home on a Wide Freshwater Canal! Enjoy true Florida living in this well-maintained 3 BED, 2 BATH residence offering 1,871 sq. ft. of living area with a split floor plan, formal dining room, and both living and family rooms. Tile flooring throughout provides a clean, low-maintenance finish. The kitchen features marble countertops with a dual stainless-steel sink. Located on an OVERSIZED LOT on the scenic Damao Canal, approximately 118 ft wide, this property enjoys southern exposure and peaceful waterfront views, perfect for boating, fishing and wildlife viewing right from your boat dock. The spacious master suite overlooks the canal and includes a walk-in closet, dual vanities, soaking tub, and separate shower. Additional highlights include a ground spa tub, laundry room in residence, and 2023 shingled roof. NOT LOCATED IN FLOOD ZONE, NO FLOOD INSURANCE REQUIRED. Conveniently situated near the Pine Island Rd. corridor for shopping, dining, and entertainment.

Property details

Type
SingleFamilyResidence
Year built
1989
Interior
1,871 sqft
Lot size
11,586.96 sqft
Acreage
0.27 acres
Garage
2 car
Days on market
56
Total association fees
None
CDD
None
Est. taxes (1.4%)
$4,340/yr
Flood zone (area est.)
No · Low risk (X)
Storm protection
None listed
Exposure
South
Waterfront
Yes
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
Yes
Natural gas
No
Water
Assessment Paid
Sewer
Assessment Paid
New construction
No
Pets
Yes
County
Lee

Amenities

GuestSuites

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.

At marketThis home is priced in line with comparable recent sales.
This home
$166/sqft
Comp median
$173/sqft
Difference
-4%

Based on the $/sqft of 4 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.

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Your notes on this home

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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.

AddressSoldSold priceBeds/BathsSq ft$/sqft
306 SE 21st LaneMar 2026$350,0003/21,913$183
1901 SE 5th PlaceJan 2026$290,0003/21,718$169
1942 SE 8th PlaceOct 2025$300,0003/21,700$176
1813 Emerald Cove DriveJul 2026$265,0002/21,671$159
Average4 comps$301,250$172

Market trends — Cape Coral

Median list
$399,999
Median $/sqft
$234
Median sold (90d)
$384,900
Avg days on market
94
Active listings
2,509
Median sold price · Cape Coral
$382,000last 3 months7% vs $356,900 prior 3 months
Median closed price by month · Cape Coral
2.6% MoM11.3% YoY
$340k$368k$395kJul ’25Jul ’26
$395,000Jul ’26 · 316 sales

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 $30,000 (9.4%) from the original list price.

Jan 27, 2026Sold$290,000
Dec 13, 2025Price reducedfrom $320,000$310,000
Nov 11, 2025Back on market
Oct 23, 2025Listed$320,000

The good, the trade-offs & the location

Pros
  • Lower flood risk (zone X)
  • Waterfront
  • 2-car garage
Consider
  • Built 1989 — pre-2002 construction may carry older wind codes and higher insurance
Location convenienceHigh
Hospital
2 mi
Cape Coral Hospital
Beach
11.3 mi
Fort Myers Beach
Airport
6.9 mi
Page Field (Fort Myers)
Shopping
3.1 mi
Coralwood / Merchants Crossing (Cape)

Straight-line distances to major SWFL amenities — approximate; actual drive times vary.

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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.