Waterfront Home for Sale in Cape Coral
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For SaleMLS# 2026036404

$95,500

Waterfront Home for Sale in Cape Coral

1227 NW 20th Place, Cape Coral, FL, 33993

- beds baths sqft
GatedBoatingWaterfront

About this home

SEAWALL LAKEFRONT LOT! Come check out this beautiful EASTERN exposure lake front lot with a brand new seawall in place saving you MANY MONTHS. Eastern exposure over the beautiful Lake Asa giving you a beautiful 300+ foot view of the Florida Sunrises! No flood zone, and close to shopping making this location unbeatable! NEW CONSTRUCTION EVERYWHERE! Buy now and build your dream home on this huge quarter acre parcel, or hold for future investment. Taxes are LOW and there are no time restrictions on building, build when YOU'RE ready! Survey available upon request! Seller Financing Available

Property details

Type
Residential
Year built
Not specified
Interior
Not specified
Lot size
10,323.72 sqft
Acreage
0.24 acres
Garage
None
Days on market
0
Total association fees
None
CDD
None
Est. taxes (1.4%)
$1,337/yr
Flood zone (area est.)
No · Low risk (X)
Storm protection
None listed
Exposure
Northeast
Waterfront
Yes
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
Well
Sewer
Septic Tank
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
94
Active listings
2,489
Median sold price · Cape Coral
$385,000last 3 months7.8% vs $357,250 prior 3 months
Median closed price by month · Cape Coral
2.6% MoM7% YoY
$340k$365k$390kJul ’25Aug ’26
$380,000Aug ’26 · 372 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
  • Lower flood risk (zone X)
  • Waterfront
Consider
  • No garage listed
Location convenienceHigh
Hospital
5.3 mi
Cape Coral Hospital
Beach
16 mi
Fort Myers Beach
Airport
11.3 mi
Page Field (Fort Myers)
Shopping
5 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.