$350,000
4 Bed Waterfront Home for Sale in Cape Coral
603/601 SE 7th Street, Cape Coral, FL, 33990
About this home
Exceptional investment opportunity on a freshwater canal in the heart of Cape Coral! This duplex offers two spacious 2-bedroom, 2-bathroom residences, each featuring a private one-car garage, screened lanai, and open-concept living area with vaulted ceilings. Inside, you'll find bright, functional floor plans with a combination of tile and laminate flooring, generous living and dining spaces, and kitchens offering ample cabinet and counter space. One side features updated laminate flooring in the main living areas, while both units provide comfortable layouts designed for everyday living. Large sliding glass doors lead to the screened lanais, where tenants or owners can enjoy peaceful canal views. The property has been freshly painted and includes a concrete seawall with a private dock overlooking the freshwater canal, providing an inviting outdoor setting. Situated on city water and sewer with all assessments paid in full, this property offers added value and reduced future costs. Whether you're looking to expand your investment portfolio or occupy one unit while generating rental income from the other, this duplex presents a versatile opportunity in a centrally located neighborhood near shopping, dining, schools, parks, healthcare facilities, and major roadways with convenient access throughout Cape Coral and Fort Myers. Don't miss your opportunity to own an income-producing waterfront property in one of Southwest Florida's most desirable markets. Property has new a/c on each side, new roof, and new flooring.
Property details
- Type
- Duplex
- Year built
- 1989
- Interior
- 2,006 sqft
- Lot size
- 10,018.8 sqft
- Acreage
- 0.23 acres
- Garage
- None
- Days on market
- 19
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $4,900/yr
- Flood zone (area est.)
- No · Low risk (X)
- Storm protection
- None listed
- Exposure
- Not specified
- 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.
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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
| Aug 26, 2026 | Under contract | |
| Aug 17, 2026 | Back on market | |
| Jul 10, 2026 | Listed | $350,000 |
The good, the trade-offs & the location
- Lower flood risk (zone X)
- Waterfront
- Built 1989 — 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.