4 Bed SingleFamilyResidence for Sale in Cape Coral
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For SaleMLS# 2026014901

$389,900

4 Bed SingleFamilyResidence for Sale in Cape Coral

2020 Tropicana Parkway, Cape Coral, FL, 33993

4 beds3 baths1,904 sqft2 garage

About this home

Discover this stunning new construction, move-in ready home located in the fastest-growing area of ??Cape Coral. Elegantly designed, it features 4 spacious bedrooms and 3 stylish bathrooms. Enjoy a gourmet kitchen with white cabinetry, tile flooring, and stainless steel appliances. A washer and dryer are also included for your convenience. The open layout seamlessly connects the living, dining, and kitchen areas, while the private backyard offers space for a pool and more. This home also features impact-resistant windows and doors, an automatic garage door, an irrigation system, and high-end finishes. Seller motivated we accept cash offer or quick closing, no HOA. Located in one of Cape Coral's fastest-growing areas, this property is ideal for families, seasonal residents, or investors.,offering you peace of mind. Don't miss this incredible opportunity to own a high-quality home in a booming location!

Property details

Type
SingleFamilyResidence
Year built
2025
Interior
1,904 sqft
Lot size
10,018.8 sqft
Acreage
0.23 acres
Garage
2 car
Days on market
125
Total association fees
None
CDD
None
Est. taxes (1.4%)
$5,459/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
Impact Windows/Doors
Exposure
West
Waterfront
No
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
Well
Sewer
Septic Tank
New construction
Yes
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.

Above marketThis home is priced above comparable recent sales.
This home
$205/sqft
Comp median
$183/sqft
Difference
+12%

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
2004 Tropicana ParkwayJun 2026$355,0003/21,717$207
2000 NW 8TH TerraceJan 2026$343,0005/32,020$170
2231 NW 9TH StreetJun 2026$334,8754/21,828$183
Average3 comps$344,292$187

Market trends, Cape Coral

Median list
$399,000
Median $/sqft
$233
Median sold (90d)
$385,000
Avg days on market
94
Active listings
2,460
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 $25,000 (6%) from the original list price.

Aug 1, 2026Price reducedfrom $399,900$389,900
Mar 29, 2026Listed$414,900

The good, the trade-offs & the location

Pros
  • Built 2025 — post-2002 Florida wind codes (typically lower insurance)
  • New construction
  • Storm protection: Impact Windows/Doors
  • 2-car garage
Consider
  • In a higher-risk flood zone (AE) — flood insurance likely required
Location convenienceHigh
Hospital
4.9 mi
Cape Coral Hospital
Beach
15.4 mi
Fort Myers Beach
Airport
10.9 mi
Page Field (Fort Myers)
Shopping
4.8 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.