3 Bed Waterfront Home for Sale in Cape Coral
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SoldMLS# 225055171

$344,500

3 Bed Waterfront Home for Sale in Cape Coral

2303 SE 3rd Street, Cape Coral, FL, 33990

3 beds2 baths1,497 sqft2 garage
GatedWaterfront

About this home

Experience the ultimate in Southwest Florida living with this beautifully appointed 3-bedroom, 2-bathroom home, perfectly situated on a serene freshwater canal in Southeast Cape Coral. Offering 1,497 square feet of thoughtfully designed space, this property blends comfort, style, and versatility—all without a trace of carpet. Ceramic tile flows seamlessly throughout, adding both elegance and ease of maintenance. The heart of the home is an open-concept great room that effortlessly connects the kitchen and dining area, creating an ideal space for both everyday living and entertaining. The kitchen is a chef’s delight, featuring stainless steel appliances, granite countertops, and a layout that invites conversation and culinary creativity. The luxurious master suite offers a walk-in closet and an en suite bathroom with dual sinks and a spacious walk-in shower. Two guest bedrooms share a recently renovated bathroom, also boasting a sleek walk-in shower. Step outside to your screened-in lanai, complete with an outdoor kitchen and generous seating area—perfect for enjoying evening breezes and canal views. The fully fenced backyard offers privacy and peace of mind, with ample room to add a custom pool if desired. Cast a line right from your own backyard or explore the local waterways with ease. Additional upgrades include a newer roof completed in 2019, ensuring long-term peace of mind. Whether you're searching for a personal retreat or a profitable Airbnb or vacation rental, this home delivers. Located close to Paul Sanborn Park, convenient boat launches, shopping, dining, and Downtown Fort Myers, the best of Cape Coral is just moments away. Don’t miss this rare opportunity—schedule your private tour today and step into the lifestyle you deserve.

Property details

Type
SingleFamilyResidence
Year built
2000
Interior
1,497 sqft
Lot size
15,507.36 sqft
Acreage
0.36 acres
Garage
2 car
Days on market
149
Total association fees
None
CDD
None
Est. taxes (1.4%)
$4,823/yr
Flood zone (area est.)
No · Low risk (X)
Storm protection
None listed
Exposure
East
Waterfront
Yes
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
Public
Sewer
Public Sewer
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.

Above marketThis home is priced above comparable recent sales.
This home
$230/sqft
Comp median
$205/sqft
Difference
+12%

Based on the $/sqft of 20 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
2220 SE 2nd TerraceNov 2025$260,0003/21,449$179
2203 SE 1st TerraceApr 2026$340,0003/21,688$201
4344 Saint Clair AvenueFeb 2026$267,0003/21,396$191
2129 SE 6th LaneFeb 2026$340,0004/21,650$206
105 NE 22ND AvenueMay 2026$340,0004/21,499$227
2219 SE 8th StreetMay 2026$290,0003/21,659$175
Average6 comps$306,167$197

Market trends, Cape Coral

Median list
$399,000
Median $/sqft
$233
Median sold (90d)
$385,000
Avg days on market
92
Active listings
2,485
Median sold price · Cape Coral
$384,999last 3 months6.9% vs $360,000 prior 3 months
Median closed price by month · Cape Coral
2.6% MoM5.7% YoY
$340k$365k$390kJul ’25Sep ’26
$369,990Sep ’26 · 55 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 $24,500 (6.6%) from the original list price.

Dec 2, 2025Sold$344,500
Oct 17, 2025Back on market
Jul 15, 2025Price reducedfrom $349,000$344,500
Jun 11, 2025Listed$369,000

The good, the trade-offs & the location

Pros
  • Lower flood risk (zone X)
  • Waterfront
  • 2-car garage
Consider
  • Built 2000 — pre-2002 construction may carry older wind codes and higher insurance
Location convenienceHigh
Hospital
1.5 mi
Cape Coral Hospital
Beach
13.6 mi
Fort Myers Beach
Airport
5.7 mi
Page Field (Fort Myers)
Shopping
0.9 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.