4 Bed 2 Bath Waterfront SingleFamilyResidence for Sale in CAPE CORAL, FL
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SoldMLS# 225050580

$309,999

4 Bed 2 Bath Waterfront SingleFamilyResidence for Sale in CAPE CORAL, FL

1206 NE 4th Terrace, Cape Coral, FL, 33909

4 beds2 baths1,916 sqft
GatedBoatingWaterfront

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.

Below marketThis home is priced below comparable recent sales — a potential value.
This home
$162/sqft
Comp median
$189/sqft
Difference
-14%

Based on the $/sqft of 9 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
1220 Hancock Bridge ParkwaySep 2025$373,0003/21,761$212
920 NE 10th StreetMar 2026$342,2004/21,828$187
1818 NE 2nd StreetJun 2026$380,0004/22,010$189
129 NE 7th AvenueMar 2026$380,0003/21,915$198
526 NE 5th PlaceDec 2025$302,5004/31,931$157
1106 NE 13th PlaceFeb 2026$260,0004/21,809$144
Average6 comps$339,617$181

Market trends — Cape Coral

Median list
$399,999
Median $/sqft
$234
Median sold (90d)
$384,900
Avg days on market
94
Active listings
2,509
Median sold price · Cape Coral
$382,000last 3 months7% vs $356,900 prior 3 months
Median closed price by month · Cape Coral
2.6% MoM11.3% YoY
$340k$368k$395kJul ’25Jul ’26
$395,000Jul ’26 · 316 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 $19,999 (6.2%) from the original list price.

Sep 22, 2025Sold$300,000
Jun 12, 2025Price reducedfrom $319,999$309,999
May 30, 2025Listed$319,999

The good, the trade-offs & the location

Pros
  • Lower flood risk (zone X)
  • Waterfront
  • Storm protection: Impact Windows/Doors
Consider
  • Built 1971 — pre-2002 construction may carry older wind codes and higher insurance
  • No garage listed
Location convenienceHigh
Hospital
1.9 mi
Cape Coral Hospital
Beach
14.4 mi
Fort Myers Beach
Airport
7.3 mi
Page Field (Fort Myers)
Shopping
0.9 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.