Exceptional multigenerational opportunity in this Gulf-access pool home featuring a completely separate, private-entry apartment—ideal for extended family living, in-laws, long-term guests, or additional rental income. Located at 2118 SE 18th Avenue in Cape Coral, this custom-designed residence offers flexible living on an oversized 150-foot seawall lot with intersecting canal views and desirable western exposure. Boaters will appreciate the direct Gulf access via one bridge to the Caloosahatchee River and Intracoastal Waterway.
The main home includes three bedrooms and two bathrooms in a functional split-bedroom layout. The owner’s suite offers dual walk-in closets and an updated en-suite bathroom. The open-concept floor plan features high ceilings, tile and laminate wood flooring, and a well-appointed kitchen with stainless steel appliances, a breakfast bar, and a casual dining nook.
A standout feature is the fully independent guest or in-law suite with its own private entrance, one bedroom plus den, 1.5 bathrooms, a full kitchen with granite countertops and stainless steel appliances, its own screened lanai with water views, dedicated HVAC system, water heater, and laundry. This flexible layout provides the perfect setup for multigenerational living or passive income through short- or long-term rentals.
Outdoor living is equally impressive, with a professionally landscaped yard offering privacy and tropical curb appeal. The expansive covered lanai includes a wet bar and leads to a sparkling saltwater pool and spa overlooking intersecting canals where manatees, dolphins, and native birds are frequent visitors. Positioned to capture stunning sunsets, this home delivers a true resort-style living experience.
Recent improvements include a 2023 roof, new pool pump and filter system, 2019 HVAC and water heater, impact-rated exterior doors and sliding glass doors, and storm shutters. Located in a quiet, well-established neighborhood near Four Mile Cove Ecological Preserve, the home is also close to shopping, dining, parks, and essential services. With unmatched flexibility, income potential, and premium waterfront access, this property is a rare find—and has never experienced flooding.
Closed
$760,000
2118 SE 18th Ave, Cape Coral, FL 33990
4beds
3,242sqft
Single Family Residence
Built in 2001
0.31 Acres Lot
$907,300 Zestimate®
$234/sqft
$6,799 Estimated rent
Home value
$907,300
$817,000 - $1.02M
$6,799/mo
Zestimate® history
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List your homeWhat's special
Direct gulf accessTropical curb appealExpansive covered lanaiBreakfast barUpdated en-suite bathroomSplit-bedroom layoutGranite countertops
Zillow last checked:
Listing updated:
Listed by:
David Pellegrin 239-423-2366,
Realty One Group MVP,
Evelyn Pellegrin 239-285-1653,
Realty One Group MVP
Bought with:
Cory McNeill, 258026934
Palm Paradise Realty Group
Source: Florida Gulf Coast MLS,MLS#: 225054120
Originating MLS: Florida Gulf Coast
Originating MLS: Florida Gulf CoastFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Rooms
- Room types: Bathroom, Den, Family Room, Guest Quarters, Screened Porch
Heating
- Central, Electric
Cooling
- Central Air, Ceiling Fan(s), Electric
Appliances
- Included: Dryer, Dishwasher, Freezer, Disposal, Ice Maker, Microwave, Range, Refrigerator, RefrigeratorWithIce Maker, Self Cleaning Oven, Washer
- Laundry: Inside, Laundry Tub
Features
- Attic, Wet Bar, Built-in Features, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Eat-in Kitchen, French Door(s)/Atrium Door(s), High Ceilings, Multiple Primary Suites, Pantry, Pull Down Attic Stairs, Shower Only, Separate Shower, Cable TV, Walk-In Closet(s), Window Treatments, Split Bedrooms, Bathroom, Den, Family Room, Guest Quarters, Screened Porch
- Flooring: Tile, Vinyl
- Doors: French Doors
- Windows: Single Hung, Transom Window(s), Impact Glass, Shutters, Window Coverings
- Attic: Pull Down Stairs
Interior area
- Total structure area: 3,953
- Total interior livable area: 3,242 sqft
Property
Parking
- Total spaces: 3
- Parking features: Attached, Garage, Paved, Two Spaces, Garage Door Opener
- Attached garage spaces: 3
Features
- Stories: 1
- Patio & porch: Lanai, Porch, Screened
- Exterior features: Security/High Impact Doors, Sprinkler/Irrigation
- Has private pool: Yes
- Pool features: Concrete, In Ground, Pool Equipment, Screen Enclosure, Salt Water
- Has spa: Yes
- Spa features: Gunite, In Ground, Screened
- Has view: Yes
- View description: Canal
- Has water view: Yes
- Water view: Canal
- Waterfront features: Canal Access, Intersecting Canal, Navigable Water, Seawall
Lot
- Size: 0.31 Acres
- Dimensions: 130 x 63 x 153 x 128
- Features: Oversized Lot, Sprinklers Automatic
Details
- Additional structures: Apartment
- Parcel number: 294424C405377.0290
- Lease amount: $0
- Zoning description: R1-W
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other,Ranch,One Story
- Property subtype: Single Family Residence
Materials
- Block, Concrete, Stucco
- Roof: Shingle
Condition
- Resale
- Year built: 2001
Utilities & green energy
- Sewer: Assessment Paid, Public Sewer
- Water: Assessment Paid, Public
- Utilities for property: Cable Available, High Speed Internet Available
Community & HOA
Community
- Features: Boat Facilities, Non-Gated
- Security: None, Smoke Detector(s)
- Condo and coop fee: $0
- Membership fee: $0
- Subdivision: CAPE CORAL
HOA
- Has HOA: No
- Amenities included: None
- Services included: None
Location
- Region: Cape Coral
Financial & listing details
- Price per square foot: $234/sqft
- Tax assessed value: $751,883
- Annual tax amount: $6,402
- Date on market: 6/9/2025
- Cumulative days on market: 186 days
- Listing terms: All Financing Considered,Cash,VA Loan
- Ownership: Single Family
- Contingency: Inspection
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 12/11/2025 | Sold | $760,000-4.8%$234/sqft |
Source:  Florida Gulf Coast MLS #225054120 Report a problem | ||
| 11/3/2025 | Pending sale | $798,500$246/sqft |
Source: Florida Gulf Coast MLS #225054120 Report a problem | ||
| 10/20/2025 | Price change | $798,5000%$246/sqft |
Source: Florida Gulf Coast MLS #225054120 Report a problem | ||
| 10/13/2025 | Price change | $798,6000%$246/sqft |
Source: Florida Gulf Coast MLS #225054120 Report a problem | ||
| 10/7/2025 | Price change | $798,7000%$246/sqft |
Source: Florida Gulf Coast MLS #225054120 Report a problem | ||
| 9/29/2025 | Price change | $798,8000%$246/sqft |
Source: Florida Gulf Coast MLS #225054120 Report a problem | ||
| 9/18/2025 | Price change | $798,9000%$246/sqft |
Source: Florida Gulf Coast MLS #225054120 Report a problem | ||
| 8/4/2025 | Price change | $799,000-6%$246/sqft |
Source: Florida Gulf Coast MLS #225054120 Report a problem | ||
| 6/9/2025 | Listed for sale | $850,000-2.9%$262/sqft |
Source:  SWFLMLS #225054120 Report a problem | ||
| 5/1/2025 | Listing removed | $875,000$270/sqft |
Source: SWFLMLS #224083744 Report a problem | ||
| 2/7/2025 | Price change | $875,000-7.8%$270/sqft |
Source: SWFLMLS #224083744 Report a problem | ||
| 1/25/2025 | Price change | $949,000-2.7%$293/sqft |
Source: SWFLMLS #224083744 Report a problem | ||
| 10/20/2024 | Listed for sale | $975,000+2432.5%$301/sqft |
Source: SWFLMLS #224083744 Report a problem | ||
| 1/3/2001 | Sold | $38,500$12/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,713 +4.8% | $393,390 +2.9% |
| 2024 | $6,403 +3% | $382,303 +3% |
| 2023 | $6,214 +5.9% | $371,168 +3% |
| 2022 | $5,868 -3.5% | $360,357 |
| 2021 | $6,083 -1.9% | -- |
| 2020 | $6,200 +2.8% | $345,031 -13.5% |
| 2019 | $6,030 | $398,887 +20.5% |
| 2018 | $6,030 -0.1% | $330,985 +2.1% |
| 2017 | $6,037 +0.2% | $324,177 -15.7% |
| 2016 | $6,023 +1.7% | $384,685 +11.5% |
| 2015 | $5,920 -1.1% | $344,880 -7.2% |
| 2014 | $5,984 -1% | $371,608 -5.8% |
| 2013 | $6,045 +5.2% | $394,330 +8.7% |
| 2012 | $5,748 +1.6% | $362,715 +15.8% |
| 2011 | $5,660 +35.7% | $313,153 +36.3% |
| 2010 | $4,169 +5.4% | $229,834 +7.2% |
| 2009 | $3,956 +11.4% | $214,420 -41.7% |
| 2008 | $3,552 -4.7% | $367,620 -15.9% |
| 2007 | $3,727 -0.7% | $437,320 +8% |
| 2006 | $3,753 -6.7% | $404,950 +38.5% |
| 2004 | $4,022 -2.5% | $292,400 +22.5% |
| 2003 | $4,126 +0% | $238,640 +21.6% |
| 2002 | $4,125 | $196,310 +395.7% |
| 2000 | -- | $39,600 |
Find assessor info on the county website
Neighborhood: 33990
Nearby homes
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Nearby schools
GreatSchools rating
- 6/10Caloosa Elementary SchoolGrades: PK-5Distance: 2 mi
- 4/10Caloosa Middle SchoolGrades: 6-8Distance: 2.2 mi
- 5/10Cape Coral High SchoolGrades: 9-12Distance: 2.6 mi
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- Florida
- Lee County
- Cape Coral
- 33990
- 2118 SE 18th Ave
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