$450,000
3 Bed Waterfront Home for Sale in Cape Coral
5309 SW 8th Place, Cape Coral, FL, 33914
About this home
Welcome to 5309 SW 8th Place, a boater's dream in the highly sought-after Unit 64 of Cape Coral. Offered for sale for the very first time, this home is perfectly positioned on the southern finger canals (faster access) with direct Gulf access—no bridges or locks to slow you down. Within a 15-minute boat ride, you can be at local marinas, restaurants, and bait shops, all without leaving your neighborhoods canal system, making every day on the water a breeze. As you approach, you'll notice the great curb appeal and low-maintenance landscaping, all topped by a durable metal roof with many years of life left. The interior features an inviting open-concept, split floor plan, providing excellent privacy for the primary suite and guest bedrooms. Sliding glass doors span the back of the house, offering expansive views of the Torrance Canal, which maintains an average depth of 6 feet at the dock. The kitchen is designed for both style and function, with sleek gray cabinetry, beautiful granite countertops, and new fixtures. The LVP flooring adds a modern touch throughout. A convenient pass-through window makes serving food and drinks on the spacious lanai effortless. The lanai offers ample room for entertaining and is perfectly suited for adding a pool if you desire. For the serious boater, the dock features a captain's walk and an 8,000-pound boat lift, more than enough for most boaters in Southwest Florida. This home is located on a street renowned for its pride in ownership and the area is considered one of the best areas for boaters in all of Southwest Florida. With comparable vacant lots selling for over $390,000 and other homes listed near $700,000, this property is priced to sell and represents an exceptional value. Don't miss your chance to own a piece of paradise. Schedule your private showing today!
Property details
- Type
- SingleFamilyResidence
- Year built
- 1981
- Interior
- 1,557 sqft
- Lot size
- 10,018.8 sqft
- Acreage
- 0.23 acres
- Garage
- 2 car
- Days on market
- 19
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $6,300/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- None listed
- Exposure
- East
- Waterfront
- Yes
- 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
Maintenance included in the fee
What the association dues cover, per the MLS. Confirm the full schedule with the HOA.
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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Your notes on this home
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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 |
|---|---|---|---|---|---|
| 805 SW 52nd Street | Aug 2026 | $400,000 | 3/2 | 1,451 | $276 |
| 818 El Dorado Parkway | Aug 2026 | $389,900 | 3/2 | 1,579 | $247 |
| 5024 Skyline Boulevard | Jan 2026 | $460,000 | 3/2 | 1,616 | $285 |
| Average | 3 comps | $416,633 | $269 |
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 $11,500 (2.6%) from the original list price.
| Oct 2, 2025 | Sold | $438,500 |
| Aug 20, 2025 | Listed | $450,000 |
The good, the trade-offs & the location
- Waterfront
- 2-car garage
- Built 1981 — 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.