Waterfront Home for Sale in Cape Coral, FL, $44,900
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For SaleMLS# 226028374

$44,900

Waterfront Home for Sale in Cape Coral, FL, $44,900

2820 NW 22nd Avenue, Cape Coral, FL, 33993

beds baths sqft
GatedBoatingWaterfront

About this home

WESTERN REAR EXPOSURE FRESHWATER LOT - SURROUNDED BY SOLD $450K+ NEW CONSTRUCTION. Build your dream retreat on this pristine freshwater canal parcel in fast-growth NW Cape Coral! Surrounded by recently sold new construction in the $400k+ range, this 0.23-acre parcel easily accommodates standard 1,500-2,300+ SQFT coastal floor plans with expansive outdoor living and lanai areas with space for a pool. Enjoy endless Florida sunsets and direct water access connecting to Pomroy Lake and Gator Slough for fishing and kayaking. Located in a quiet corridor just 7 minutes to Coral Oaks Golf Course and minutes to daily conveniences. No HOA rules or time limits to build-potential for land-banking, an investment rental build, or creating your custom estate. Developer/Investor Alert: Seller also owns 4304 NE 21st Ave (83' wide SW exposure freshwater canal lot) and is open to a simultaneous portfolio package.

Property details

Type
Residential
Year built
Not specified
Interior
Not specified
Lot size
435,600 sqft
Acreage
10.00 acres
Garage
None
Days on market
0
Total association fees
None
CDD
None
Est. taxes (1.4%)
$629/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
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
$399,999
Median $/sqft
$235
Median sold (90d)
$385,000
Avg days on market
95
Active listings
2,498
Median sold price · Cape Coral
$385,000last 3 months6.9% vs $360,000 prior 3 months
Median closed price by month · Cape Coral
2.2% MoM13.4% YoY
$340k$371k$403kJul ’25Aug ’26
$402,500Aug ’26 · 8 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

Up $5,000 (12.5%) from the original list price.

Aug 4, 2026Price increasedfrom $39,900$44,900
Aug 4, 2026Listed$39,900

The good, the trade-offs & the location

Pros
  • Lower flood risk (zone X)
  • Waterfront
Consider
  • No garage listed
Location convenienceHigh
Hospital
6.8 mi
Cape Coral Hospital
Beach
18 mi
Fort Myers Beach
Airport
12.7 mi
Page Field (Fort Myers)
Shopping
6.2 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.