2118 SE 18th Avenue, Cape Coral, FL 33990
Local realty services provided by:ERA Real Solutions Realty
Listed by: david pellegrin, evelyn pellegrin
Office: realty one group mvp
MLS#:225054120
Source:FL_GFMB
Price summary
- Price:$798,500
- Price per sq. ft.:$202
About this home
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.
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Home facts
- Year built:2001
- Listing ID #:225054120
- Added:159 day(s) ago
- Updated:November 15, 2025 at 09:39 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
- Full bathrooms:3
- Half bathrooms:1
- Living area:3,242 sq. ft.
Heating and cooling
- Cooling:Ceiling Fans, Electric
- Heating:Central, Electric
Structure and exterior
- Roof:Shingle
- Year built:2001
- Building area:3,242 sq. ft.
Schools
- High school:SCHOOL CHOICE
- Middle school:SCHOOL CHOICE
- Elementary school:SCHOOL CHOICE
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$798,500
- Price per sq. ft.:$202
- Tax amount:$6,403 (2024)
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