3 Bed Waterfront Home for Sale in Cape Coral
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For SaleMLS# 226020716

$359,999

3 Bed Waterfront Home for Sale in Cape Coral

4622 SW 12th Place 124, Cape Coral, FL, 33914

3 beds2 baths1,652 sqft
GatedBoatingCommunity PoolWaterfront

About this home

WELCOME to WATERFRONT LIVING at IT'S FINEST! This METICULOUSLY MAINTAINED 1st FLOOR CONDO at 4622 SW 12th Place, Unit 124 offers the Perfect Blend of Comfort, Convenience, and Southwest Florida Lifestyle. Featuring 3 SPACIOUS BEDROOMS, 2 BATHS, and over 1,650 square feet of Living Space, this CANAL-FRONT Residence provides DIRECT GULF ACCESS with only a 40-minute boat ride to open water. Enjoy relaxing cruises to nearby favorites including Cape Coral Harbor and the Westin, both offering exceptional casual and fine dining just minutes away by boat. Inside, the home boasts an open and inviting layout with tile flooring throughout the main living areas and plush carpeting in the bedrooms. The oversized primary suite features private lanai access, a large walk-in closet, and plenty of natural light. Double sliding glass doors in the living room open seamlessly to the screened lanai, creating the perfect indoor-outdoor Florida lifestyle. Plantation shutters accent the kitchen and guest bedrooms, while the lanai storage closet provides convenient additional shelving and storage space. Some furniture is also negotiable, making this an excellent opportunity for buyers seeking a move-in ready Florida retreat. This condo has seen major upgrades including a new dock after Hurricane Irma, a new carport after Hurricane Ian, and a new roof, offering peace of mind for years to come. Residents enjoy a beautifully maintained community pool and hot tub with sunny western exposure—perfect for enjoying breathtaking sunsets. The monthly association fee of $585 includes insurance, irrigation water, grounds maintenance, exterior pest control, sewer, street lighting, trash removal, and water, making for truly carefree living. Whether you’re looking for a year-round residence, seasonal retreat, or waterfront investment, this exceptional Gulf-access condo delivers the very best of the Florida boating lifestyle.

Property details

Type
Condominium
Year built
1992
Interior
1,652 sqft
Lot size
10,018.8 sqft
Acreage
0.23 acres
Garage
None
Days on market
36
Total association fees
$7,020/yr (~$585/mo)
CDD
None
Est. taxes (1.4%)
$5,040/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
None listed
Exposure
West
Waterfront
Yes
Gulf access
Yes
Gulf access type
Direct — no bridges
Pool
No
Spa
No
Natural gas
No
Water
Public
Sewer
Public Sewer
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

AssociationManagementInsuranceIrrigationWaterLegalAccountingMaintenanceGroundsPestControlSewerTrashWater

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

Amenities

BoatDockBarbecuePicnicAreaPoolSpaHotTubManagement

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.

Below marketThis home is priced below comparable recent sales, a potential value.
This home
$218/sqft
Comp median
$236/sqft
Difference
-8%

Based on the $/sqft of 5 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
4612 SW 13th AvenueApr 2026$385,0003/21,660$232
1137 SW 46th TerraceSep 2025$405,0003/21,716$236
1153 SW 45th StreetFeb 2026$355,0003/21,506$236
4605 SW 10th AvenueMar 2026$399,9003/21,826$219
1522 SW 49th StreetMay 2026$359,0003/21,512$237
Average5 comps$380,780$232

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.

Price & status history

Down $5,001 (1.4%) from the original list price.

Jun 27, 2026Price reducedfrom $365,000$359,999
May 30, 2026Listed$365,000

The good, the trade-offs & the location

Pros
  • Gulf access (Direct — no bridges)
Consider
  • Built 1992 — pre-2002 construction may carry older wind codes and higher insurance
  • In a higher-risk flood zone (AE) — flood insurance likely required
  • No garage listed
Location convenienceHigh
Hospital
5.9 mi
Cape Coral Hospital
Beach
8.4 mi
Fort Myers Beach
Airport
8.6 mi
Page Field (Fort Myers)
Shopping
7 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.