4 Bed Waterfront Home for Sale in Cape Coral
1 / 16
▶ View Virtual Tour
For SaleMLS# 2026037819

$139,900

4 Bed Waterfront Home for Sale in Cape Coral

3931 NE 12th Avenue, Cape Coral, FL, 33909

4 beds3 baths1,683 sqft2 garage
GatedBoatingWaterfront

About this home

***INVESTOR ALERT!!! Rare opportunity to acquire a package of 12-19 unfinished spec homes in desirable Cape Coral & Lehigh Acres locations. Homes are at various stages of construction.**** Outstanding opportunity to own this unfinished new construction home in a desirable Cape Coral location! This mostly completed spec home offers the chance for an investor, contractor, or owner-occupant to finish the property to their own tastes and specifications. Situated on a spacious lot, this home has tremendous potential and is ready for the next owner to bring it across the finish line. Whether you're looking for your next investment project or the opportunity to customize your dream home, this property is a must-see. Conveniently located near schools, shopping, dining, and major roadways. Property is being sold AS-IS. Don't miss this unique opportunity

Property details

Type
SingleFamilyResidence
Year built
2026
Interior
1,683 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%)
$1,959/yr
Flood zone (area est.)
No · Low risk (X)
Storm protection
None listed
Exposure
East
Waterfront
Yes
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

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.

Not yet ratedNot enough comparable sales nearby to rate this home's price yet.

We rate a home against recently SOLD homes within ~1 mile that match on size, beds/baths, and age. This home doesn't have enough close comparables in the last 12 months for a reliable read, ask Rick for a personalized CMA.

Seeing several homes? Build a tour and we'll route it for you.

Your notes on this home

Keep private notes on this home, what you love, what to ask about, saved to your account and shared with your agent.

Market trends, Cape Coral

Median list
$399,000
Median $/sqft
$233
Median sold (90d)
$384,999
Avg days on market
92
Active listings
2,482
Median sold price · Cape Coral
$384,999last 3 months6.9% vs $360,000 prior 3 months
Median closed price by month · Cape Coral
2.6% MoM5.7% YoY
$340k$365k$390kJul ’25Sep ’26
$369,990Sep ’26 · 55 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
  • Built 2026 — post-2002 Florida wind codes (typically lower insurance)
  • New construction
  • Lower flood risk (zone X)
  • Waterfront
  • 2-car garage
Location convenienceHigh
Hospital
6.8 mi
Cape Coral Hospital
Beach
19.4 mi
Fort Myers Beach
Airport
11.3 mi
Page Field (Fort Myers)
Shopping
5.7 mi
Coralwood / Merchants Crossing (Cape)

Straight-line distances to major SWFL amenities, approximate; actual drive times vary.

Loading map…

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.