$309,999
4 Bed 2 Bath Waterfront SingleFamilyResidence for Sale in CAPE CORAL, FL
1206 NE 4th Terrace, Cape Coral, FL, 33909
About this home
WATERFRONT – Assessments Paid! Located in the heart of Cape Coral, this spacious 4-bedroom, 2-bath single-family home with new hard wood flooring throughout offers over 1,900 sq ft of comfortable living space—perfect for families or those who love to entertain. Enjoy peace of mind with hurricane-rated windows throughout and a large, well-appointed kitchen featuring upgraded cabinets and granite countertops with a mosaic backsplash to accent the dark granite countertops. The bright and airy Great Room flows seamlessly into the expansive back yard oasis where you can relax and take in tranquil views of the freshwater canal (ROOM FOR A POOL). A versatile Large Primary room adds even more value—ideal sized to fit a sitting area, workout area, or a little reading area/home office. Some pictures are digitally staged for your visual thought. Conveniently located with easy access to I-75, close to top-rated schools, shopping, dining, and entertainment. You're also just a short drive to the world-famous beaches of Sanibel Island and Captiva. Don't miss this opportunity to own a beautiful waterfront home in one of Cape Coral’s most desirable locations—schedule your private showing today! Some photos are digitally staged to give you a better idea of how the space can be used.
Property details
- Type
- SingleFamilyResidence
- Year built
- 1971
- Interior
- 1,916 sqft
- Lot size
- 10,018.8 sqft
- Acreage
- 0.23 acres
- Garage
- None
- Days on market
- 83
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $4,340/yr
- Flood zone (area est.)
- No · Low risk (X)
- Storm protection
- Impact Windows/Doors
- Exposure
- South
- 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
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.
Based on the $/sqft of 9 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.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 1220 Hancock Bridge Parkway | Sep 2025 | $373,000 | 3/2 | 1,761 | $212 |
| 920 NE 10th Street | Mar 2026 | $342,200 | 4/2 | 1,828 | $187 |
| 1818 NE 2nd Street | Jun 2026 | $380,000 | 4/2 | 2,010 | $189 |
| 129 NE 7th Avenue | Mar 2026 | $380,000 | 3/2 | 1,915 | $198 |
| 526 NE 5th Place | Dec 2025 | $302,500 | 4/3 | 1,931 | $157 |
| 1106 NE 13th Place | Feb 2026 | $260,000 | 4/2 | 1,809 | $144 |
| Average | 6 comps | $339,617 | $181 |
Market trends — Cape Coral
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 $19,999 (6.2%) from the original list price.
| Sep 22, 2025 | Sold | $300,000 |
| Jun 12, 2025 | Price reducedfrom $319,999 | $309,999 |
| May 30, 2025 | Listed | $319,999 |
The good, the trade-offs & the location
- Lower flood risk (zone X)
- Waterfront
- Storm protection: Impact Windows/Doors
- Built 1971 — pre-2002 construction may carry older wind codes and higher insurance
- No garage listed
Straight-line distances to major SWFL amenities — approximate; actual drive times vary.
Nearby schools
Get more information on their programs, scores, and extracurriculars on each school's page · browse the full schools directory.
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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.