$89,000
Waterfront Home for Sale in Cape Coral
127 SE 16th Place, Cape Coral, FL, 33990
About this home
Fantastic opportunity! This lot is located in the beautiful community of Cape Coral with fresh water canal access. Located close to the Cape Coral Hospital, shopping malls and restaurants. All assessments paid off. No signs of protected species are on the property but an inspection is always recommended.
Property details
- Type
- Residential
- Year built
- Not specified
- Interior
- Not specified
- Lot size
- 10,018.8 sqft
- Acreage
- 0.23 acres
- Garage
- None
- Days on market
- 119
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $1,246/yr
- Flood zone (area est.)
- No · Low risk (X)
- Storm protection
- None listed
- Exposure
- East
- Waterfront
- Yes
- Gulf access
- Yes
- Gulf access type
- Direct — no bridges
- Pool
- No
- Spa
- No
- Natural gas
- No
- Water
- Assessment Paid
- Sewer
- Assessment Paid
- New construction
- No
- Pets
- Not specified
- County
- Lee
Maintenance included in the fee
What the association dues cover, per the MLS. Confirm the full schedule with the HOA.
Amenities
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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Your notes on this home
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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
Down $6,000 (6.3%) from the original list price.
| Aug 11, 2026 | Price reducedfrom $95,000 | $89,000 |
| Aug 10, 2026 | Back on market | |
| Apr 13, 2026 | Listed | $95,000 |
The good, the trade-offs & the location
- Lower flood risk (zone X)
- Gulf access (Direct — no bridges)
- 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.
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.