$309,900
3 Bed Waterfront Home for Sale in Blue Water
174 Shadroe Cove Circle 1001, Cape Coral, FL, 33991
About this home
Great opportunity to own a beautifully updated 3-bedroom, 2-bathroom villa offering 1,669 sq. ft. of comfortable living space in the gated community of Blue Water Coach. This desirable first-floor end unit features brand-new hurricane-impact windows and a spacious two-car garage. The interior showcases crown molding, granite countertops, stainless steel appliances, and upgraded cabinetry. A convenient wet bar with a beverage refrigerator adds extra functionality for entertaining. Additional features include a Wi-Fi-enabled thermostat, security system, and aluminum accordion hurricane shutters. The split-bedroom floor plan provides added privacy, with the owner’s suite occupying its own wing. This space includes direct access to the lanai, a large walk-in closet, and an en-suite bathroom. Residents of Blue Water Coach enjoy access to community amenities such as a gated entrance, swimming pool, spa, fitness center, clubhouse, tiki hut, and grilling area. This property also presents strong rental potential. While the unit does not include a private dock, annual dock and lift leases are available. Enjoy low-maintenance coastal living with convenient access to nearby waterways, outdoor recreation, and local attractions
Property details
- Type
- Condominium
- Year built
- 2006
- Interior
- 1,669 sqft
- Lot size
- 5,889.312 sqft
- Acreage
- 0.14 acres
- Garage
- 2 car
- Days on market
- 407
- Total association fees
- $9,660/yr (~$805/mo)
- CDD
- None
- Est. taxes (1.4%)
- $4,339/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- None listed
- Exposure
- North
- Waterfront
- Yes
- Gulf access
- Yes
- Gulf access type
- Indirect — bridges/locks
- Pool
- No
- Spa
- No
- Natural gas
- No
- Water
- Public
- Sewer
- Assessment Paid
- New construction
- No
- Pets
- Call, Conditional
- County
- Lee
Total association fees sums the core association dues the MLS feed provides (HOA, condo/master association, and land lease), normalized to a yearly figure. These are separate from and additional to specialty charges, mandatory club or food-and-beverage minimums, special assessments, and rec-lease fees, which the IDX feed does not carry. Always confirm the full fee schedule with the HOA or listing agent.
Maintenance included in the fee
What the association dues cover, per the MLS. Confirm the full schedule with the HOA.
Amenities
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 3 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 |
|---|---|---|---|---|---|
| 3708 SW 2nd Lane | Dec 2025 | $325,000 | 3/2 | 1,718 | $189 |
| 3801 SW 1st Lane | Sep 2025 | $350,000 | 3/2 | 1,586 | $221 |
| 130 NW 27th Avenue | Oct 2025 | $270,000 | 3/2 | 1,799 | $150 |
| Average | 3 comps | $315,000 | $187 |
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 $110,000 (25.9%) from the original list price.
| Sep 3, 2026 | Sold | $315,000 |
| Mar 25, 2026 | Price reducedfrom $329,900 | $309,900 |
| Mar 1, 2025 | Listed | $425,000 |
The good, the trade-offs & the location
- Built 2006 — post-2002 Florida wind codes (typically lower insurance)
- Gulf access (Indirect — bridges/locks)
- 2-car garage
- In a higher-risk flood zone (AE) — flood insurance likely required
- Higher association fees (~$9,660/yr)
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.