$424,900
2 Bed Waterfront Home for Sale in Cape Coral
3417 SE 17th Avenue, Cape Coral, FL, 33904
About this home
SAVE HUGE $ ON INSURANCE with this DIRECT GULF-ACCESS (No bridges and ~5 minutes to open water) that is COMPLETELY OUT OF THE AE FLOOD ZONE - meaning FLOOD INSURANCE IS NOT REQUIRED in most cases! This incredible property, located in the prestigious Gulf-access PALACO GRANDE neighborhood, is the ultimate in affordable direct Gulf-access waterfront lifestyle. Add in the newer METAL ROOF (2023) and HURRICANE SHUTTERS (2018), and this property is set up for significant discounts on insurance! The home itself offers a nice flowing split-bedroom floorplan, with emphasis on the waterfront, including a large, screened lanai with a great mix of shaded and sunny spaces. The large, fenced back yard is perfect for pets, and there's plenty of room to add a pool package. The waterfront consists of a newer composite dock and boat lift (2017) as well as a lowered cantilever dock, convenient for launching kayaks and paddleboards. NO FLOODING FROM ANY RECENT HURRICANES - with this high elevation, it wasn't even close. Don't let a rare opportunity like this slip away - schedule a private tour today!
Property details
- Type
- SingleFamilyResidence
- Year built
- 1967
- Interior
- 1,489 sqft
- Lot size
- 10,018.8 sqft
- Acreage
- 0.23 acres
- Garage
- 1 car
- Days on market
- 16
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $5,949/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- Shutters
- Exposure
- East
- Waterfront
- Yes
- Gulf access
- Yes
- Gulf access type
- Direct — no bridges
- Pool
- No
- Spa
- No
- Natural gas
- No
- Water
- Assessment Paid
- Sewer
- Assessment Paid
- New construction
- No
- Pets
- Yes
- 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.
Based on the $/sqft of 5 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.
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Recently sold nearby
Closed comparable sales within ~1 mile in the last 12 months, similar price, size, beds/baths, and age.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 1623 SE 39th Terrace | Jul 2026 | $439,000 | 3/2 | 1,479 | $297 |
| 1721 SE 29th Lane | Aug 2026 | $480,000 | 3/2 | 1,317 | $364 |
| 1432 SE 30th Street | Aug 2026 | $370,000 | 3/2 | 1,368 | $270 |
| 3506 SE 22nd Place | Jan 2026 | $435,000 | 3/2 | 1,677 | $259 |
| 2022 SE 29th Lane | Aug 2026 | $475,000 | 3/2 | 1,376 | $345 |
| Average | 5 comps | $439,800 | $307 |
Market trends, Cape Coral
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
Down $10,400 (2.4%) from the original list price.
| May 14, 2026 | Sold | $414,500 |
| Mar 23, 2026 | Listed | $424,900 |
The good, the trade-offs & the location
- Gulf access (Direct — no bridges)
- Storm protection: Shutters
- Built 1967 — pre-2002 construction may carry older wind codes and higher insurance
- In a higher-risk flood zone (AE) — flood insurance likely required
Straight-line distances to major SWFL amenities, approximate; actual drive times vary.
Nearby schools
Get more information on their programs, scores, and extracurriculars on each school's page · browse the full schools directory.
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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.