$389,900
3 Bed 2 Bath Pool SingleFamilyResidence for Sale in CAPE CORAL, FL
516 SW 27th Street, Cape Coral, FL, 33914
About this home
MOVE IN READY! Great SW Cape Coral location! HEATED POOL & SPA w/ ROCK WATERFALL. Spacious under truss SCREENED LANAI with PAVER POOL DECK. NEW METAL ROOF 2023. NEW AC 2022. NEVER FLOODED! and does NOT need flood insurance! All assessments paid. Three bedrooms plus large DEN W/ Glass French Doors…perfect as a guest room, play room, office or media room. Hard to find extra Bonus Room is versatile enough to use as second family room or formal dining room. Kitchen with white Cabinetry w/ STAINLESS APPLIANCE PACKAGE, GRANITE Countertops w/ recessed oversized Stainless Sink in CENTER ISLAND w/ generous BREAKFAST BAR seating. Designed for family or intimate gathering. VAULTED CEILINGS in Kitchen, Bonus Room and Great Room. Great Room patio doors conveniently open to Lanai AND views of Pool and Spa. Master Bath includes Walk In Shower with floor to ceiling Tile Surround AND separate corner garden soaking tub, and Granite Counter Tops. Guest Bath includes tile tub surround and Granite Counter Tops. Split Bedroom plan is perfect for guests or multi-generation family lifestyles. LAUNDRY ROOM is conveniently located inside the home, spacious with pantry shelving. Hurricane Shutters are included. Excellent location …. Minutes to shopping, Pine Island, Matlacha and the anticipated 7 Islands Project.
Property details
- Type
- SingleFamilyResidence
- Year built
- 2007
- Interior
- 2,017 sqft
- Lot size
- 10,018.8 sqft
- Acreage
- 0.23 acres
- Garage
- 2 car
- Days on market
- 9
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $5,459/yr
- Flood zone (area est.)
- No · Low risk (X)
- Storm protection
- None listed
- Exposure
- South
- Waterfront
- No
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- Yes
- Spa
- Yes
- Natural gas
- No
- Water
- Assessment Paid
- Sewer
- Assessment Paid
- New construction
- No
- Pets
- Yes
- County
- Lee
Amenities
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 10 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 |
|---|---|---|---|---|---|
| 619 SW 28th Terrace | Oct 2025 | $360,000 | 3/2 | 1,904 | $189 |
| 515 SW 29th Terrace | May 2026 | $427,500 | 3/2 | 2,091 | $204 |
| 226 SW 30th Terrace | Feb 2026 | $395,000 | 3/2 | 1,917 | $206 |
| 123 SW 29th Street | Jun 2026 | $384,000 | 4/2 | 2,048 | $188 |
| 2141 SW 3rd Place | Feb 2026 | $360,000 | 4/2 | 1,853 | $194 |
| 3014 SW 1st Avenue | Apr 2026 | $424,900 | 4/3 | 2,118 | $201 |
| Average | 6 comps | $391,900 | $197 |
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 $10,000 (2.5%) from the original list price.
| Apr 24, 2026 | Sold | $389,900 |
| Mar 25, 2026 | Price reducedfrom $399,900 | $389,900 |
| Mar 18, 2026 | Listed | $399,900 |
The good, the trade-offs & the location
- Built 2007 — post-2002 Florida wind codes (typically lower insurance)
- Lower flood risk (zone X)
- Private pool
- 2-car garage
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.