3 Bed Waterfront Home for Sale in Cape Coral
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For SaleMLS# 2026027129

$479,000

3 Bed Waterfront Home for Sale in Cape Coral

1629 SE 12th Street, Cape Coral, FL, 33990

3 beds2 baths1,868 sqft2 garage
GatedBoatingWaterfront

About this home

An affordable home in an excellent central location, featuring 3 bedrooms and 2 bathrooms. All assessment fees have been paid; the home offers a spacious living room filled with natural light and ceramic tile flooring throughout. The master room provides direct access to the covered terrace (*lanai*). The master bedroom is very spacious and includes a large closet. Enjoy a peaceful canal view and a spacious backyard.

Property details

Type
SingleFamilyResidence
Year built
1984
Interior
1,868 sqft
Lot size
10,018.8 sqft
Acreage
0.23 acres
Garage
2 car
Days on market
63
Total association fees
None
CDD
None
Est. taxes (1.4%)
$6,706/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
None listed
Exposure
North
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

Amenities

Other

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
$256/sqft
Comp median
$227/sqft
Difference
+13%

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
1102 SE 14th TerraceJan 2026$435,0003/22,026$215
608 SE 20th PlaceSep 2025$440,0003/21,936$227
2302 SE 15th TerraceDec 2025$460,0003/21,725$267
Average3 comps$445,000$236

Market trends, Island Cove of Cape Coral (Pondella)

Median list
$375,000
Median $/sqft
$252
Median sold (90d)
$368,750
Avg days on market
70
Active listings
34
Median sold price · Island Cove of Cape Coral (Pondella)
$368,750last 3 months6.9% vs $345,000 prior 3 months

Live community medians from the MLS · see all listings. Indicative, not an appraisal.

Price & status history

Down $20,000 (4%) from the original list price.

Aug 22, 2026Price reducedfrom $485,000$479,000
Jun 20, 2026Listed$499,000

The good, the trade-offs & the location

Pros
  • Gulf access (Direct — no bridges)
  • 2-car garage
Consider
  • Built 1984 — pre-2002 construction may carry older wind codes and higher insurance
  • In a higher-risk flood zone (AE) — flood insurance likely required
Location convenienceHigh
Hospital
0.4 mi
Cape Coral Hospital
Beach
12.4 mi
Fort Myers Beach
Airport
5.6 mi
Page Field (Fort Myers)
Shopping
1.4 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.