3 Bed Waterfront Home for Sale in Cape Coral
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SoldMLS# 225034899

$589,900

3 Bed Waterfront Home for Sale in Cape Coral

4628 SW 18th Avenue, Cape Coral, FL, 33914

3 beds2 baths1,963 sqft2 garage
GatedBoatingWaterfront

About this home

Don't miss out on this beautiful SW Cape Coral Gulf Access Home with almost 2000 sqft living area. This Home features 3 bedrooms, 2 bathrooms, and a 2 car garage with a Captains Walk Boat lift ready for your boating pleasure. This Home is Concrete Construction with a new shingle roof, new A/C, Hurricane Impact windows, solid surface counter-tops, tile back splash, and has City Water and City Sewer in and Paid in Full. Rest every evening in your screened Lanai or on your over sized Boat Dock with amazing Sunset views looking down the entire Canal. Seller Financing Available !! Call today for more details !!

Property details

Type
SingleFamilyResidence
Year built
1989
Interior
1,963 sqft
Lot size
10,628.64 sqft
Acreage
0.24 acres
Garage
2 car
Days on market
154
Total association fees
None
CDD
None
Est. taxes (1.4%)
$8,259/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
Impact Windows/Doors
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.

At marketThis home is priced in line with comparable recent sales.
This home
$301/sqft
Comp median
$307/sqft
Difference
-2%

Based on the $/sqft of 10 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
1505 SW 49th StreetDec 2025$630,0003/22,018$312
2300 SW 49th TerraceOct 2025$620,0003/32,031$305
1141 SW 44th StreetSep 2025$540,0003/21,934$279
4924 SW 11th CourtJul 2026$675,0003/21,953$346
4215 SW 13th AvenueJul 2026$537,0003/22,050$262
4142 SW 22nd CourtApr 2026$535,0003/21,875$285
Average6 comps$589,500$298

Market trends, NE Cape Coral New-Construction Spec-Home Belt

Median list
$460,000
Median $/sqft
$271
Median sold (90d)
$725,000
Avg days on market
133
Active listings
12
Median sold price · NE Cape Coral New-Construction Spec-Home Belt
$725,000last 3 months3.6% vs $700,000 prior 3 months

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

Price & status history

Down $39,900 (6.7%) from the original list price.

Oct 16, 2025Sold$560,000
Apr 14, 2025Price reducedfrom $599,900$589,900
Apr 3, 2025Listed$599,900

The good, the trade-offs & the location

Pros
  • Waterfront
  • Storm protection: Impact Windows/Doors
  • 2-car garage
Consider
  • Built 1989 — 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
6.3 mi
Cape Coral Hospital
Beach
8.6 mi
Fort Myers Beach
Airport
9.3 mi
Page Field (Fort Myers)
Shopping
7.4 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.