3 Bed 2 Bath Pool Waterfront SingleFamilyResidence for Sale in CAPE CORAL, FL
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SoldMLS# 2026012208

$539,000

3 Bed 2 Bath Pool Waterfront SingleFamilyResidence for Sale in CAPE CORAL, FL

905 NW 28th Place, Cape Coral, FL, 33993

3 beds2 baths1,970 sqft3 garage
GatedBoatingWaterfront

About this home

Assumable VA Mortgage of about $270,000.00 at low intrest rate of 2,25%. Buyer does not have to be VA • 0.34-acre oversized waterfront lot • Saltwater pool • Private dock • New roof • New AC • Owned solar (2019) • Whole-house reverse osmosis system • 3-car garage • Fresh exterior paint • Roll-down storm shutters and much more... Experience breathtaking water views and peaceful waterfront living in this beautifully maintained 3-bedroom, 2-bath pool home situated on a rare 0.34-acre oversized fenced lot in Southwest Florida. This property is loaded with valuable upgrades, including a new roof, new AC system, new gutters, freshly painted exterior, and a whole-house reverse osmosis water system. The owned solar panel system installed in 2019 produces more than enough electricity to power the home, allowing the new owner to enjoy extremely low utility costs with only a $27 monthly LCEC connection fee. Step outside to your private waterfront oasis featuring a sparkling saltwater pool and a relaxing fire pit area overlooking tranquil waterways. Fish directly from your private dock or enjoy freshwater boating adventures from your backyard on the Horseshoe Hermosa Canal System, offering 61.7 miles of navigable canals. The expansive 0.34-acre fenced yard provides incredible space for entertaining, gardening, pets, or family activities. A three-car garage offers ample room for vehicles, storage, a home gym, or recreational equipment. The attic features solar fans for improved climate and heat control, creating additional functional storage space. Roll-down storm shutters protecting the lanai and the new roof add extra comfort and peace of mind. Financing Opportunity: This property includes an assumable VA mortgage of approximately $270,000 at a very low 2.25% interest rate. The buyer does not need to be a veteran, but must qualify with the lender to assume the loan. 10 year stipulation and must be primary residence forecasted for first 12 month—offering a rare chance to secure an exceptionally low-rate mortgage in today’s market. Combining waterfront serenity, major upgrades, energy efficiency, an oversized lot, and a unique financing opportunity, this Southwest Florida freshwater retreat is ready to welcome its next owner.

Property details

Type
SingleFamilyResidence
Year built
1998
Interior
1,970 sqft
Lot size
14,984.64 sqft
Acreage
0.34 acres
Garage
3 car
Days on market
10
Total association fees
None
CDD
None
Est. taxes (1.4%)
$7,546/yr
Flood zone (area est.)
No · Low risk (X)
Storm protection
Shutters
Exposure
South
Waterfront
Yes
Gulf access
No
Gulf access type
N/A
Pool
Yes
Spa
Yes
Natural gas
No
Water
Well
Sewer
Septic Tank
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.

At marketThis home is priced in line with comparable recent sales.
This home
$274/sqft
Comp median
$259/sqft
Difference
+6%

Based on the $/sqft of 3 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
829 NW 33rd PlaceOct 2025$485,0003/21,918$253
3237 Yucatan ParkwayJan 2026$532,0003/22,054$259
3605 Yucatan ParkwaySep 2025$610,0004/32,147$284
Average3 comps$542,333$265

Market trends — Cape Coral

Median list
$399,999
Median $/sqft
$234
Median sold (90d)
$384,900
Avg days on market
93
Active listings
2,525
Median sold price · Cape Coral
$382,000last 3 months7% vs $356,900 prior 3 months
Median closed price by month · Cape Coral
2.6% MoM11.3% YoY
$340k$368k$395kJul ’25Jul ’26
$395,000Jul ’26 · 314 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 $24,000 (4.5%) from the original list price.

May 22, 2026Sold$515,000
Mar 14, 2026Listed$539,000

The good, the trade-offs & the location

Pros
  • Lower flood risk (zone X)
  • Private pool
  • Waterfront
  • Storm protection: Shutters
  • 3-car garage
Consider
  • Built 1998 — pre-2002 construction may carry older wind codes and higher insurance
Location convenienceHigh
Hospital
6.1 mi
Cape Coral Hospital
Beach
15.9 mi
Fort Myers Beach
Airport
12 mi
Page Field (Fort Myers)
Shopping
6 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.