$1,149,000
3 Bed 2.5 Bath Waterfront SingleFamilyResidence for Sale in CAPE CORAL, FL
2055 SE 28th Terrace, Cape Coral, FL, 33904
About this home
Unique Waterfront Oasis, Calling all boaters and Water Enthusiasts! Enjoy panoramic water views, including stunning Caloosahatchee River views, from this one-of-a-kind Oversized Corner Lot positioned on intersecting canals and situated at the end of a quiet cul-de-sac, A perfect location offering privacy and minimal traffic. Lush, beautiful tropical landscaping enhances the serene setting while allowing you to enjoy water views from every room of the home. Experience the beauty of riverfront living without paying riverfront taxes, A Huge savings at 2,595 sq. ft. of living area and volume ceilings that enhance the home's open, airy feel. With 200+ Ft. wide canals with no bridges, you’ll enjoy direct Gulf access. A true boaters paradise, featuring '2024 Extensive Composite Dockage with Pilings added to accommodate a yacht up to 100 feet along with a '2023 Seawall. Whether you're a true boating enthusiast or simply love being on the water, this property delivers an unmatched waterfront lifestyle, you don't need to own a boat to appreciate the beauty, tranquility and stunning views this home offers. Key Upgrades include: '2023 Re- Plumb, '2022 HVAC Split Upstairs, '2021 Coated Metal Roof, Three-car garage, Room for a pool if desired. For peace of mind , the home has never flooded and is equipped with Hurricane shutters. The home includes a first-floor En-suite that slides open directly to the undercover, screened-in lanai, perfect for entertaining, gatherings, and hosting family and friends. The family room pocket sliders and kitchen also provide direct access to the lanai, creating seamless indoor & outdoor living. The kitchen features a beautiful water view backdrop, allowing you to enjoy serene waterfront scenery while preparing and enjoying your meals. Additional outdoor spaces include a private balcony off the primary suite and a second balcony off the stairwell, both updated '2024 with composite decking for durability and low maintenance. Located in the highly sought-after Cornwallis neighborhood and conveniently close to shopping, restaurants, entertainment, beaches, and more, this home offers an exceptional blend of privacy, value, and waterfront lifestyle. Move right in or customize to your taste ideal for a seasonal retreat or full-time residence. Endless Opportunities for the right Buyer! Schedule your private showing today!
Property details
- Type
- SingleFamilyResidence
- Year built
- 1994
- Interior
- 2,595 sqft
- Lot size
- 11,064.24 sqft
- Acreage
- 0.25 acres
- Garage
- 3 car
- Days on market
- 13
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $16,086/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- Shutters
- 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
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 |
|---|---|---|---|---|---|
| 1929 SE 26th Terrace | Sep 2025 | $1,225,000 | 4/3 | 2,713 | $452 |
| 1939 Palaco Grande Parkway | Apr 2026 | $875,000 | 4/3 | 2,478 | $353 |
| 3347 SE 19th Avenue | Apr 2026 | $944,000 | 4/2 | 2,412 | $391 |
| 2008 Palaco Grande Parkway | Jul 2026 | $875,000 | 3/2 | 2,586 | $338 |
| Average | 4 comps | $979,750 | $384 |
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 $74,000 (6.4%) from the original list price.
| Feb 10, 2026 | Sold | $1,075,000 |
| Dec 28, 2025 | Listed | $1,149,000 |
The good, the trade-offs & the location
- Waterfront
- Storm protection: Shutters
- 3-car garage
- Built 1994 — 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.