Waterfront Home for Sale in Cape Coral
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For SaleMLS# 2026005782

$59,999

Waterfront Home for Sale in Cape Coral

122 NE 9th Street, Cape Coral, FL, 33909

- beds baths sqft
GatedBoatingWaterfront

About this home

Oversized waterfront lot on Hermosa Canal! This 0.27-acre property features an impressive 115 feet of canal frontage and is located on a quiet dead-end street, offering added privacy and minimal traffic. Ideally situated near entertainment, restaurants, and shopping, this location provides both convenience and coastal access. Located in a NON-flood zone, this lot is ideal for building a custom single-family residence with generous space for a pool, extended lanai, or outdoor living areas. The property is set within an established neighborhood, making it an excellent opportunity for builders, investors, or buyers looking to create a personalized waterfront retreat. Start living your Southwest Florida life today!

Property details

Type
Residential
Year built
Not specified
Interior
Not specified
Lot size
11,717.64 sqft
Acreage
0.27 acres
Garage
None
Days on market
192
Total association fees
None
CDD
None
Est. taxes (1.4%)
$840/yr
Flood zone (area est.)
No · Low risk (X)
Storm protection
None listed
Exposure
South
Waterfront
Yes
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
Assessment Unpaid
Sewer
Assessment Unpaid
New construction
No
Pets
Not specified
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 list
$399,000
Median $/sqft
$233
Median sold (90d)
$385,000
Avg days on market
92
Active listings
2,478
Median sold price · Cape Coral
$384,999last 3 months7% vs $359,900 prior 3 months
Median closed price by month · Cape Coral
0.5% MoM8.1% YoY
$340k$365k$390kJul ’25Sep ’26
$378,250Sep ’26 · 36 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 $25,001 (29.4%) from the original list price.

Sep 4, 2026Back on market
Jul 20, 2026Price reducedfrom $79,999$59,999
Feb 2, 2026Listed$85,000

The good, the trade-offs & the location

Pros
  • Lower flood risk (zone X)
  • Waterfront
Consider
  • No garage listed
Location convenienceHigh
Hospital
2.9 mi
Cape Coral Hospital
Beach
15 mi
Fort Myers Beach
Airport
8.7 mi
Page Field (Fort Myers)
Shopping
2.3 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.