$475,000
3 Bed 2 Bath Waterfront SingleFamilyResidence for Sale in CAPE CORAL, FL
123 SE 29th Terrace, Cape Coral, FL, 33904
About this home
Discover the perfect blend of comfort, style, and waterfront living in this beautifully maintained Gulf-access canal home in desirable Southeast Cape Coral. This light and bright 3-bedroom, 2-bath home offers nearly 2,000 sq. ft. of open living space with water views from the main living areas and a screened lanai made for relaxing or entertaining. Step right outside to your private dock and enjoy boating, fishing, or sunset cruises from your own backyard. Situated on an oversized lot with plenty of room for a pool, this home is move-in ready and worry-free — no flooding during any of the hurricanes, and all city utilities are in and paid. This home offers the ideal blend of relaxing waterfront living and easy access to everyday conveniences — from shopping and dining, and just minutes from the river and Gulf beaches, this home truly offers the best of Florida living — where every day feels like vacation.
Property details
- Type
- SingleFamilyResidence
- Year built
- 1995
- Interior
- 1,983 sqft
- Lot size
- 13,547.16 sqft
- Acreage
- 0.31 acres
- Garage
- 2 car
- Days on market
- 89
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $6,650/yr
- Flood zone (area est.)
- No · Low risk (X)
- Storm protection
- Shutters
- Exposure
- North
- 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
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 4 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 |
|---|---|---|---|---|---|
| 619 SE 30th Street | May 2026 | $410,000 | 3/2 | 2,156 | $190 |
| 532 SE 33rd Street | Jul 2026 | $485,000 | 3/2 | 1,965 | $247 |
| 148 SE 23rd Street | Mar 2026 | $515,000 | 3/2 | 1,783 | $289 |
| 3613 SE 3rd Place | Jun 2026 | $475,000 | 4/3 | 2,115 | $225 |
| Average | 4 comps | $471,250 | $238 |
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 $50,000 (10.5%) from the original list price.
| Mar 3, 2026 | Sold | $425,000 |
| Nov 24, 2025 | Back on market | |
| Nov 3, 2025 | Listed | $475,000 |
The good, the trade-offs & the location
- Lower flood risk (zone X)
- Waterfront
- Storm protection: Shutters
- 2-car garage
- Built 1995 — pre-2002 construction may carry older wind codes and higher insurance
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.