$1,995,000
3 Bed Waterfront Home for Sale in Cape Coral
1218 Flamingo Drive, Cape Coral, FL, 33904
About this home
Best Location in Cape Coral! This iconic Key West-style villa rests atop a Premier Location in Cape Coral! This home is situated on an expansive Oversized River Lot at Redfish Point and offers breathtaking, 270-degree Panoramic Views of the River, providing a daily spectacle of natural beauty. Constructed on 50 concrete pilings, the finished floor is elevated five feet above ground level. A winding paver driveway and walkway lead to this distinctive Florida residence, featuring two enclosed porches that add nearly 1,000 square feet of additional living space, perfect for enjoying the Southwest Florida lifestyle. The home’s design includes volume ceilings and large windows that enhance the open great room, allowing an abundance of natural light to illuminate the space and highlight the stunning river views. Notable upgrades include real wood plantation shutters throughout, exquisite granite countertops in the kitchen and bathrooms, upgraded fixtures, stainless steel appliances, a new air conditioning system installed in 2021, a newer seawall completed in 2018, and a combination of wood and tile flooring. Nestled in a secluded and tranquil neighborhood, this property offers convenient access to the amenities of the Cape Coral Yacht Club. Whether you choose to enjoy the home in its current state or consider it as a prime building site in Lee County, this property is ready to fulfill your vision.
Property details
- Type
- SingleFamilyResidence
- Year built
- 1997
- Interior
- 2,542 sqft
- Lot size
- 15,333.12 sqft
- Acreage
- 0.35 acres
- Garage
- 2 car
- Days on market
- 233
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $27,930/yr
- Flood zone (area est.)
- Yes · High risk (VE)
- Storm protection
- Impact Windows/Doors, Shutters
- Exposure
- South
- Waterfront
- Yes
- Gulf access
- Yes
- Gulf access type
- Direct — no bridges
- Pool
- No
- Spa
- No
- 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 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 |
|---|---|---|---|---|---|
| 14328 Harbour Landings Drive 18C | Oct 2025 | $1,500,000 | 3/2 | 2,434 | $616 |
| 818 Montclaire Court | Feb 2026 | $1,600,000 | 4/3 | 2,676 | $598 |
| 5257 Nautilus Drive | Dec 2025 | $1,590,000 | 3/3 | 2,443 | $651 |
| Average | 3 comps | $1,563,333 | $622 |
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
- Gulf access (Direct — no bridges)
- Storm protection: Impact Windows/Doors, Shutters
- 2-car garage
- Built 1997 — pre-2002 construction may carry older wind codes and higher insurance
- In a higher-risk flood zone (VE) — 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.