3 Bed Waterfront Home for Sale in Cape Coral
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For SaleMLS# 2025022825

$375,000

3 Bed Waterfront Home for Sale in Cape Coral

1230 SW 4th Avenue, Cape Coral, FL, 33991

3 beds2 baths2,025 sqft2 garage
GatedBoatingWaterfront

About this home

Nestled along a peaceful freshwater canal, this inviting 3-bedroom, 2-bathroom home offers the perfect blend of comfort, privacy, and serenity in a quiet, safe neighborhood. With a generous **2,025 square feet of living space**, the home provides plenty of room to spread out and enjoy everyday living. The spacious family room flows seamlessly to a screened-in lanai overlooking the tranquil canal, creating an ideal setting for relaxing or entertaining. With desirable western rear exposure, you’ll enjoy breathtaking sunset views while unwinding in the Jacuzzi spa, all within the comfort of the screened enclosure. The backyard also offers ample space to add a pool, should the next owner wish to further enhance the outdoor living experience. Inside, the home features a modern, well-appointed kitchen with granite countertops and stainless steel appliances, perfect for casual meals or hosting guests. Plantation shutters throughout allow natural light to fill the home while enhancing its bright, open, and welcoming atmosphere. Major updates include a new roof installed in 2018, along with added peace of mind provided by security cameras and metal hurricane shutters. Ideally located in the heart of the area, this property offers convenient access to shopping, dining, schools, parks, and popular amenities such as SunSplash Water Park and pickleball courts. Situated outside of a flood zone and elevated high and dry, this home truly has it all. Schedule your private showing today and see why this beautiful property could be the perfect place to call home.

Property details

Type
SingleFamilyResidence
Year built
2000
Interior
2,025 sqft
Lot size
9,975.24 sqft
Acreage
0.23 acres
Garage
2 car
Days on market
215
Total association fees
None
CDD
None
Est. taxes (1.4%)
$5,250/yr
Flood zone (area est.)
No · Low risk (X)
Storm protection
None listed
Exposure
West
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

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.

Above marketThis home is priced above comparable recent sales.
This home
$185/sqft
Comp median
$167/sqft
Difference
+11%

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.

AddressSoldSold priceBeds/BathsSq ft$/sqft
423 SW 12th StreetSep 2026$390,8002/22,037$192
1413 SW 3rd AvenueAug 2026$345,0003/22,136$162
1514 SW 4th PlaceFeb 2026$333,0003/21,997$167
Average3 comps$356,267$174

Market trends, Cape Coral

Median list
$399,000
Median $/sqft
$233
Median sold (90d)
$380,575
Avg days on market
91
Active listings
2,506
Median sold price · Cape Coral
$380,000last 3 months4% vs $365,500 prior 3 months
Median closed price by month · Cape Coral
5.3% MoM2.9% YoY
$340k$365k$390kJul ’25Sep ’26
$359,999Sep ’26 · 219 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 $50,000 (11.8%) from the original list price.

Sep 18, 2026Back on market
Jun 15, 2026Price reducedfrom $385,000$375,000
Jan 8, 2026Listed$425,000

The good, the trade-offs & the location

Pros
  • Lower flood risk (zone X)
  • Waterfront
  • 2-car garage
Consider
  • Built 2000 — pre-2002 construction may carry older wind codes and higher insurance
Location convenienceHigh
Hospital
2.3 mi
Cape Coral Hospital
Beach
12.4 mi
Fort Myers Beach
Airport
7.9 mi
Page Field (Fort Myers)
Shopping
2.9 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.