3 Bed Waterfront Home for Sale in Cape Coral
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SoldMLS# 2026000314

$449,500

3 Bed Waterfront Home for Sale in Cape Coral

4827 SW 3rd Avenue, Cape Coral, FL, 33914

3 beds2 baths1,661 sqft1 garage
GatedBoatingWaterfront

About this home

Welcome to your waterfront paradise! This beautifully remodeled home offers the perfect blend of modern comfort and coastal living. Featuring 3 spacious bedrooms and 3 updated bathrooms, every detail has been thoughtfully designed with style and function in mind. The open-concept living area flows seamlessly into a stunning kitchen with new finishes, ideal for entertaining or family gatherings. Large windows and sliders fill the home with natural light while offering tranquil water views. This charming home already has a brand-new metal roof, impact windows and completely remodeled interior, the possibilities are endless. Step outside to your private backyard oasis with direct sailboat access—no bridges, just minutes to open water. Perfect for boaters and water enthusiasts alike! Located in an amazing neighborhood, you’ll enjoy both convenience and the best of Southwest Florida waterfront living.

Property details

Type
SingleFamilyResidence
Year built
1965
Interior
1,661 sqft
Lot size
10,018.8 sqft
Acreage
0.23 acres
Garage
1 car
Days on market
0
Total association fees
None
CDD
None
Est. taxes (1.4%)
$6,293/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
Impact Windows/Doors
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

Other

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.

Below marketThis home is priced below comparable recent sales, a potential value.
This home
$271/sqft
Comp median
$292/sqft
Difference
-7%

Based on the $/sqft of 4 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.

AddressSoldSold priceBeds/BathsSq ft$/sqft
4820 SW 2nd PlaceJun 2026$515,0003/21,497$344
167 SW 53rd StreetJun 2026$417,5003/21,683$248
5249 Sunset CourtJul 2026$460,0003/21,540$299
4402 SE 1st PlaceJul 2026$460,0003/21,614$285
Average4 comps$463,125$294

Market trends, Cape Coral

Median list
$399,000
Median $/sqft
$233
Median sold (90d)
$384,999
Avg days on market
92
Active listings
2,482
Median sold price · Cape Coral
$384,999last 3 months6.9% vs $360,000 prior 3 months
Median closed price by month · Cape Coral
3.9% MoM4.3% YoY
$340k$365k$390kJul ’25Sep ’26
$364,995Sep ’26 · 50 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 $34,500 (7.7%) from the original list price.

Jan 28, 2026Sold$415,000
Jan 3, 2026Listed$449,500

The good, the trade-offs & the location

Pros
  • Waterfront
  • Storm protection: Impact Windows/Doors
Consider
  • Built 1965 — pre-2002 construction may carry older wind codes and higher insurance
  • In a higher-risk flood zone (AE) — flood insurance likely required
Location convenienceHigh
Hospital
5.5 mi
Cape Coral Hospital
Beach
7.7 mi
Fort Myers Beach
Airport
7.5 mi
Page Field (Fort Myers)
Shopping
6.7 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.