3 Bed Waterfront Home for Sale in Cape Coral, FL, $449,800
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For SaleMLS# 2026030843

$449,800

3 Bed Waterfront Home for Sale in Cape Coral, FL, $449,800

903 SE 20th Court, Cape Coral, FL, 33990

3 beds2 baths1,527 sqft2 garage
BoatingWaterfront

About this home

Welcome to your slice of Southwest Florida paradise! This beautifully updated direct Gulf access home offers the waterfront lifestyle you've been searching for, with no bridges to open water and all city water and sewer assessments paid. Whether you're an avid boater, fisherman, or simply enjoy breathtaking canal views, this property delivers the ultimate Florida lifestyle. Inside, you'll find a completely refreshed interior featuring a stunning new kitchen with modern cabinetry, premium countertops, and brand-new stainless steel appliances. The home also boasts new plumbing, updated windows, and a 50-year warranty luxury flooring system, providing lasting beauty and peace of mind for years to come. A newer roof and never flooded, adds even more value and confidence for the next owner. Step outside to a spacious backyard with plenty of room to build your dream pool, creating the perfect outdoor oasis for entertaining or relaxing in the Florida sunshine. The attached two-car garage offers ample storage for vehicles, water toys, and more. Conveniently located near shopping, dining, golf courses, and some of Southwest Florida's best beaches, this move-in-ready waterfront home is a rare opportunity to own a beautifully renovated property with quick Gulf access and outstanding long-term value. Don't miss your chance to experience the best of Cape Coral waterfront living!

Property details

Type
SingleFamilyResidence
Year built
1982
Interior
1,527 sqft
Lot size
11,151.36 sqft
Acreage
0.26 acres
Garage
2 car
Days on market
0
Total association fees
None
CDD
None
Est. taxes (1.4%)
$6,297/yr
Flood zone (area est.)
No · Low risk (X)
Storm protection
Shutters
Exposure
East
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
Yes
County
Lee

Maintenance included in the fee

Other

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

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.

At marketThis home is priced in line with comparable recent sales.
This home
$295/sqft
Comp median
$278/sqft
Difference
+6%

Based on the $/sqft of 3 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
511 SE 18th AvenueApr 2026$395,0003/21,421$278
240 SE 20th PlaceApr 2026$485,0002/21,508$322
2302 SE 15th TerraceDec 2025$460,0003/21,725$267
Average3 comps$446,667$289

Market trends — Cape Coral

Median list
$399,999
Median $/sqft
$235
Median sold (90d)
$385,000
Avg days on market
94
Active listings
2,496
Median sold price · Cape Coral
$385,000last 3 months7.7% vs $357,500 prior 3 months
Median closed price by month · Cape Coral
2.6% MoM11.3% YoY
$340k$368k$395kJul ’25Jul ’26
$395,000Jul ’26 · 444 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
  • Lower flood risk (zone X)
  • Waterfront
  • Storm protection: Shutters
  • 2-car garage
Consider
  • Built 1982 — pre-2002 construction may carry older wind codes and higher insurance
Location convenienceHigh
Hospital
0.9 mi
Cape Coral Hospital
Beach
12.8 mi
Fort Myers Beach
Airport
5.4 mi
Page Field (Fort Myers)
Shopping
1.1 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.