3 Bed SingleFamilyResidence for Sale in Cape Coral
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SoldMLS# 2026017232

$299,900

3 Bed SingleFamilyResidence for Sale in Cape Coral

404 SE 28th Terrace, Cape Coral, FL, 33904

3 beds2 baths1,424 sqft2 garage
Gated

About this home

Prime Central Cape Coral location near Schools, Shopping, Parks, and Veterans Pkwy! This charming 3-bedroom, 2-bath home sits on an oversized 100’ x 125’ lot with plenty of room for a future pool or boat storage. Offering 1,424 sq ft of living space, the smart split-bedroom floor plan features soaring ceilings, new LVF-flooring, a spacious kitchen with island, newer appliances, and abundant cabinet storage. The cozy dining area opens to the covered lanai, creating the perfect space for indoor-outdoor living. The primary suite offers a walk-in closet, room for a king-size bed, and private lanai access. Two guest bedrooms are located on the opposite side of the home for added privacy, while the guest bath also provides convenient lanai access—ideal for a future pool bath setup. Enjoy true Southern exposure from the large fenced backyard and covered patio, perfect for soaking up the Florida sunshine all winter long. Additional features include an inside laundry room with washer and dryer, whole-house water softener, sprinkler system, accordion shutters throughout, New Roof 2018' and a 2-car garage with new wind-rated garage door and opener. *This home has never flooded and may not require flood insurance, Check with your Lender to be sure. City Water & Sewer Utilities with all Assessments Paid! Located on a nice quiet street across from Gulf Access Homes makes this the perfect choice for your new home. Whether you’re looking for a seasonal retreat, full-time family home, or income-producing Airbnb opportunity, this property checks all the boxes. Priced to sell—schedule your private showing today before it’s gone! ***Some Photos have been Virtually Staged to help visualize the space's potential.

Property details

Type
SingleFamilyResidence
Year built
1999
Interior
1,424 sqft
Lot size
12,501.72 sqft
Acreage
0.29 acres
Garage
2 car
Days on market
71
Total association fees
None
CDD
None
Est. taxes (1.4%)
$4,199/yr
Flood zone (area est.)
No · Low risk (X)
Storm protection
None listed
Exposure
South
Waterfront
No
Gulf access
No
Gulf access type
N/A
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.

At marketThis home is priced in line with comparable recent sales.
This home
$211/sqft
Comp median
$222/sqft
Difference
-5%

Based on the $/sqft of 8 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.

AddressSoldSold priceBeds/BathsSq ft$/sqft
513 SE 27th TerraceApr 2026$300,0003/21,250$240
301 SE 26th TerraceDec 2025$275,0003/21,272$216
2501 Academy BoulevardDec 2025$327,5003/21,294$253
116 SW 31st StreetNov 2025$295,0003/21,372$215
914 SE 28th TerraceJun 2026$290,0003/21,446$201
2626 SW 1st AvenueJun 2026$340,0003/21,462$233
Average6 comps$304,583$226

Market trends, Cape Coral

Median list
$399,000
Median $/sqft
$232
Median sold (90d)
$384,900
Avg days on market
92
Active listings
2,487
Median sold price · Cape Coral
$384,995last 3 months5.5% vs $365,000 prior 3 months
Median closed price by month · Cape Coral
1.3% MoM7.1% YoY
$340k$365k$390kJul ’25Sep ’26
$375,000Sep ’26 · 74 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

Down $55,000 (18%) from the original list price.

Aug 31, 2026Sold$250,000
Jul 14, 2026Price reducedfrom $305,000$299,900
May 27, 2026Listed$305,000

The good, the trade-offs & the location

Pros
  • Lower flood risk (zone X)
  • 2-car garage
Consider
  • Built 1999 — pre-2002 construction may carry older wind codes and higher insurance
Location convenienceHigh
Hospital
2.7 mi
Cape Coral Hospital
Beach
10.2 mi
Fort Myers Beach
Airport
6.4 mi
Page Field (Fort Myers)
Shopping
3.9 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.