4 Bed Pool Home for Sale in Cape Coral
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For SaleMLS# 226032690

$325,000

4 Bed Pool Home for Sale in Cape Coral

127 SE 12th Place, Cape Coral, FL, 33990

4 beds2 baths2,369 sqft2 garage
Gated

About this home

Built in 1988, the home is ready for significant cosmetic updating throughout, making it an excellent opportunity for an investor, rehabber, or owner-occupant who wants the freedom to create a home around their own tastes rather than pay a premium for someone else's renovation. With four bedrooms and more than 2,300 square feet of living space, there is plenty here to work with. The outdoor space adds another dimension to the property. The approximately 0.23-acre homesite includes an in-ground swimming pool and offers an opportunity to refresh the outdoor areas along with the interior and create an inviting Florida living environment. Public permit records indicate the roof was replaced in 2023. Buyers should independently verify permit history, current condition, remaining useful life, and all other information regarding the roof. The central Cape Coral location provides convenient access to shopping, dining, services, and major corridors throughout the city. This property is best suited for a buyer prepared to undertake substantial cosmetic renovation and updating. Property is being sold AS-IS. Buyers are encouraged to conduct thorough inspections and independently verify the condition and functionality of the roof, pool and pool equipment, HVAC, electrical, plumbing, appliances, improvements, and all other property components. Agents: Please review all private remarks and MLS supplements prior to scheduling a showing or submitting an offer.

Property details

Type
SingleFamilyResidence
Year built
1988
Interior
2,369 sqft
Lot size
10,018.8 sqft
Acreage
0.23 acres
Garage
2 car
Days on market
0
Total association fees
None
CDD
None
Est. taxes (1.4%)
$4,550/yr
Flood zone (area est.)
No · Low risk (X)
Storm protection
None listed
Exposure
East
Waterfront
No
Gulf access
No
Gulf access type
N/A
Pool
Yes
Spa
No
Natural gas
No
Water
Well
Sewer
Septic Tank
New construction
No
Pets
Yes
County
Lee

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.

Below marketThis home is priced below comparable recent sales, a potential value.
This home
$137/sqft
Comp median
$162/sqft
Difference
-15%

Based on the $/sqft of 11 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
1345 NE 2nd StreetNov 2025$375,0003/22,247$167
410 SE 20th CourtJul 2026$355,0003/32,309$154
315 SE 20th CourtJul 2026$285,0003/22,483$115
627 SE 20th PlaceOct 2025$380,0003/22,317$164
2105 SE 2nd TerraceFeb 2026$327,0003/22,488$131
2026 SE 6th LaneSep 2025$299,9003/22,319$129
Average6 comps$336,983$143

Market trends, Cape Coral

Median list
$399,000
Median $/sqft
$233
Median sold (90d)
$380,575
Avg days on market
91
Active listings
2,504
Median sold price · Cape Coral
$380,575last 3 months4.1% vs $365,500 prior 3 months
Median closed price by month · Cape Coral
5.3% MoM2.9% YoY
$340k$365k$390kJul ’25Sep ’26
$360,000Sep ’26 · 220 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)
  • Private pool
  • 2-car garage
Consider
  • Built 1988 — pre-2002 construction may carry older wind codes and higher insurance
Location convenienceHigh
Hospital
1.1 mi
Cape Coral Hospital
Beach
13.5 mi
Fort Myers Beach
Airport
6.8 mi
Page Field (Fort Myers)
Shopping
0.6 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.