4301 SE 18th Place
Cape Coral, FL, 33904 $ 3,750,000
Bedrooms4 Baths5.0 Sq 3,901 Monthly Estimate*
$ 23,395
for $3,750,000 with 4 bedrooms and 5 full baths. This 3,901 square foot home was built in 2023 on a lot size of 0.265.
Welcome to the investor’s dream with a 7.5% CAP rate! When you purchase this gorgeous waterfront home, you’ll step instantly into steady income with a tenant already secured for the next 2.5+ years. No vacancy, no uncertainty—just a beautifully maintained new build offering reliable returns & an incredible lifestyle. Picture yourself in Cape Coral, surrounded by miles of shimmering canals, charming burrowing owls, & beautiful parks. Add Florida sunshine, gentle breezes off the water, & the bonus of no state income tax - it’s clear why people fall in love with this area so quickly. This home rests right in the heart of it—warm, inviting, and thoughtfully crafted. Although the property is brand new and built to commercial-grade standards for exceptional storm safety, it feels welcoming the moment you step inside. Elevated on the wide 195-foot Orpheus Canal—just a few hundred feet from the Caloosahatchee River—this home offers calm waters, protected docking, and effortless access to Sanibel, Captiva, Useppa, Gasparilla Sound, and the Gulf. With over 90 ft of seawall, deepwater access, & no bridges, it accommodates nearly any captain’s dream vessel—making this truly a captain’s retreat. Inside, elegance meets comfort across 3,900 sq ft under air (7,700 total). There are 4 bedrooms, 5.5 baths, & furnishings curated by Clive Daniel Home that bring a soft, modern warmth to every room. The floating staircase crafted from Brazilian Cumaru wood is a piece of art in itself. Two luxurious primary suites—one upstairs and one on the main level—feature pocketing sliders that frame peaceful water views and invite natural light throughout the day. A private office/den offers a quiet corner for work or reflection, while the Butler’s Pantry—w/ its wine cooler, second dishwasher, ice maker, and prep space—makes hosting both simple and enjoyable. In the outdoor living space, the home opens to a breathtaking outdoor oasis: an infinity-edge pool that visually merges with the canal, a relaxing spa, sun shelf, spacious patio, outdoor kitchen, and a cozy firepit for nights under the stars. It’s the ideal place for effortless entertaining or quiet evenings at home. Every detail was built with care & extraordinary attention—from the buried 500-gallon propane tank & whole-house Generac generator to high-end impact-rated windows & substantial structural enhancements far beyond what code requires. Extras: Whole house wired as smart system (blinds,music,hvac,fans,lights), luxe drapery in masters; Venetian plaster walls, luxury appliances, automatic blinds, gas piped grill & fire pit, water purification, whole house generator! This home blends beauty, strength, & the ease of Florida living-whether you’re enjoying it as a personal escape, a long-term investment, or both. If you’re looking for a breathtaking waterfront haven w/ dependable income already in place, this captain’s retreat offers everything: security, elegance, lifestyle, and exceptional value.
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FeaturesInteriorInterior Amenities BuiltInFeatures Bathtub DualSinks EatInKitchen Fireplace LivingDiningRoom MultipleShowerHeads CustomMirrors MultiplePrimarySuites SeparateShower WalkInClosets WiredForSound WindowTreatments HomeOffic
Flooring Tile
Furnished Y/N Unfurnished
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Window Features ImpactGlass WindowCoverings
Fireplace Y/N Y
Half Baths 0
Laundry Features WasherHookup DryerHookup Inside LaundryTub
Total Bedrooms 4
Room Type Bathroom Den GuestQuarters GreatRoom Office Other
Total Baths 5
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GeneralSewer AssessmentPaid
Heating Zoned
Cooling CeilingFans Zoned
Utilities CableAvailable
Possession SeeRemarks
Roof BuiltUp Flat
Appliances Dishwasher Freezer GasCooktop Disposal Microwave Refrigerator WineCooler
HOA Fee 0.0
Garage Spaces 3.0
Association Fee Includes None
Patio/Porch Features Balcony Open Porch
Architectural Style TwoStory
Pool Features Concrete ElectricHeat Heated InGround
Security Features SecuritySystem
Construction Materials Block Concrete Stucco
Pets Allowed Yes
Year Built 2023
View Canal Partial River Water
Stories Count 2
Levels Two
Property Subtype SingleFamilyResidence
Tax Year 2024
Ownership Single Family
Development Name CAPE CORAL
Waterfront Features Basin CanalAccess IntersectingCanal
Community Features BoatFacilities NonGated
HOA Fee 2 0.0
County Lee
New Construction N
Property Type Residential
Association Amenities None
HOA N
Attached Garage Y
Subdivision Name CAPE CORAL
Facing Direction West
Garage Y/N Y
Full Baths 5
Status Active
City Cape Coral
Land Lease Amount 0.0
Senior Community Y/N N
Zoning Description R1-W
MLS Area CC12 - Cape Coral Unit 7-15
Lot Size Units Acres
Carport Spaces 0.0
Carport Y/N N
Spa Features ElectricHeat Gunite InGround
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 31721.31
Home Warranty Y/N N
Property Condition Resale
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/fgcmls/2025022553
Standard Status Active
Tax Lot 36
Property Sub Type Additional SingleFamilyResidence
Legal Description CAPE CORAL UNIT 7 BLK.372 PB 12 PG 110 LOTS 36 + 37
HOA Fee 3 0.0
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ExteriorExterior Amenities Fence FirePit SecurityHighImpactDoors OutdoorGrill OutdoorKitchen OutdoorShower
Parking Features Attached Garage GarageDoorOpener
Lot Features CulDeSac DeadEnd OversizedLot
Water Source AssessmentPaid Public Assessment Paid Public
Lot Size Area 0.265
Horses N
Spa Y
Irrigation/Water Rights N
Gulf Access Type No Bridges Water Direct
Gulf Access Y
Building Area Total 4801.0
Lot Dimensions 103 x 153 x 92 x 140
Lot Size Acres 0.265
Private Pool Y
Lot Size Source Appraiser
Waterfront Y/N Y
Covered Spaces 3.0
Door Features SlidingDoors
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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* Excluded FeaturesList ByLauren StockListing Agent
Royal Shell Real Estate, Inc.Broker
lauren@onthegulfhomes.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $23,395
- Monthly Property Taxes
- $2,643
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Cape Coral, FL
Average List Price $598,426
Percent of Sale Price 84%
About Cape Coral, FL 184,744 Population
76% Since 2002
$ 54,021 Median Income
44.67 Median Age
26% Households with Children
Trends Information provided by ATTOM Data Solutions.
1023546 Elementary School
1023297 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 12/6/2025 | $3,750,000 | | Listed Price |