3 Bed Waterfront Home for Sale in Cape Coral
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For SaleMLS# 2026007392

$1,295,000

3 Bed Waterfront Home for Sale in Cape Coral

4235 SE 20th Place A405, Cape Coral, FL, 33904

3 beds3.5 baths3,563 sqft1 garage
BoatingClubhouseCommunity PoolWaterfront

About this home

COMPETITIVE SELLER FINANCING OFFERED! Experience luxury waterfront living in Paradise Pointe, one of Cape Coral's premier gated riverfront communities. This beautifully maintained 3-bedroom, 3.5-bath residence offers breathtaking sunrise views and expansive vistas of the mile-wide Caloosahatchee River from the spacious living and dining areas, and or the 450 feet of wrap around screened balcony. Designed for comfort and elegance, the floor plan features generously sized en suite bedrooms, an open-concept living space, convenient elevator access, and secure under-building parking. The spacious primary suite features a custom quartz rock-finished shower, and two oversized walk-in closets complete with built-in cabinetry and drawer storage. A rare and highly desirable feature is the approximately 625-square-foot private bonus room that conveys with the sale. Complete with a bar, sink, and two mini refrigerators, this versatile space is ideal for entertaining, a home office, fitness studio, game room, or creative retreat. Boating enthusiasts will appreciate the private boat dock and lift, also included with the property, offering convenient access to the Caloosahatchee River and the Gulf of Mexico. Residents enjoy exceptional community amenities, including a resort-style pool, lap pool, hot tub, and beautifully landscaped grounds. Adjacent to Paradise Pointe, Jaycee Park enhances the waterfront lifestyle with a scenic riverfront boardwalk, an inclusive playground, splash pad, and open green spaces for recreation, relaxation, and community events along the Caloosahatchee River. Ideally located near shopping, dining, entertainment, and healthcare facilities.

Property details

Type
Condominium
Year built
2001
Interior
3,563 sqft
Lot size
12,423.312 sqft
Acreage
0.29 acres
Garage
1 car
Days on market
24
Total association fees
$10,207/yr (~$851/mo)
CDD
None
Est. taxes (1.4%)
$18,130/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
Impact Windows/Doors
Exposure
Southeast
Waterfront
Yes
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
Assessment Paid
Sewer
Assessment Paid
New construction
No
Pets
Call, Conditional
County
Lee

Total association fees sums the core association dues the MLS feed provides (HOA, condo/master association, and land lease), normalized to a yearly figure. These are separate from and additional to specialty charges, mandatory club or food-and-beverage minimums, special assessments, and rec-lease fees, which the IDX feed does not carry. Always confirm the full fee schedule with the HOA or listing agent.

Maintenance included in the fee

InsuranceInternetLegalAccountingMaintenanceGroundsMaintenanceStructurePestControlReserveFundRoadMaintenanceSewerStreetLightsSecurityTrashWater

What the association dues cover, per the MLS. Confirm the full schedule with the HOA.

Amenities

MarinaClubhousePoolSeeRemarksStorageVehicleWashAreaManagement

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.

Not yet ratedNot enough comparable sales nearby to rate this home's price yet.

We rate a home against recently SOLD homes within ~1 mile that match on size, beds/baths, and age. This home doesn't have enough close comparables in the last 12 months for a reliable read, ask Rick for a personalized CMA.

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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
3611 SE 21st PlaceSep 2025$1,323,0004/33,697$358
3102 SE 22nd AvenueAug 2026$1,340,0003/33,421$392
Average2 comps$1,331,500$375

Market trends, Cape Coral

Median list
$399,000
Median $/sqft
$232
Median sold (90d)
$385,000
Avg days on market
94
Active listings
2,481
Median sold price · Cape Coral
$385,000last 3 months7.2% vs $359,000 prior 3 months
Median closed price by month · Cape Coral
1.3% MoM8.4% YoY
$340k$365k$390kJul ’25Aug ’26
$384,750Aug ’26 · 413 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.

The good, the trade-offs & the location

Pros
  • Waterfront
  • Storm protection: Impact Windows/Doors
Consider
  • Built 2001 — pre-2002 construction may carry older wind codes and higher insurance
  • In a higher-risk flood zone (AE) — flood insurance likely required
  • Higher association fees (~$10,207/yr)
Location convenienceHigh
Hospital
4.2 mi
HealthPark Medical Center
Beach
8.3 mi
Fort Myers Beach
Airport
4.4 mi
Page Field (Fort Myers)
Shopping
3.9 mi
Bell Tower Shops

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.