$585,900
3 Bed 2 Bath Pool Waterfront SingleFamilyResidence for Sale in CAPE CORAL, FL
3318 SW 2nd Street, Cape Coral, FL, 33991
About this home
GULF ACCESS - PRICE ADJUSTMENT!! Stunning view of intersecting Rosemary Canal to Rosemary Lake. As you enter through the double door front entry and see the wonderful lanai perfect for entertaining and relaxing with screened heated pool with southern exposure. This lovely 3 bedroom/2 bath home features a bright and open floor plan with eat-in kitchen, abundant cabinets, plant shelves, and with gorgeous view of water, formal dining provides ample space for entertaining, and great room with pocket sliders to lanai. Other features include high ceilings, carpet and tile floors, primary bedroom is spacious with plant shelves, with view of pool/water and primary bath features planation shutters, jetted tub, separate shower, and dual sinks. Split bedroom plan offers guests privacy and with a pool bath. Inside laundry room. Additional items are a New Brava roof composite tiles in 2025, garage door replaced in 2025, exterior paint in 2024, pool skimmer replaced in 7/25, surge protector on A/C unit 8/25 and sprinkler system in 2021. Concrete dock with water and new electrical outlets. City Utilities in and paid in full. Fantastic location for boaters easy access to Gulf, Sanibel, Captiva, Pine Island, and Charlotte Harbor. Fast growing area with new homes, close to shopping, schools, dining and parks. Don't miss out on this exceptional opportunity to enjoy waterfront living in paradise.
Property details
- Type
- SingleFamilyResidence
- Year built
- 2002
- Interior
- 1,703 sqft
- Lot size
- 10,018.8 sqft
- Acreage
- 0.23 acres
- Garage
- 2 car
- Days on market
- 120
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $8,203/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- None listed
- Exposure
- South
- Waterfront
- Yes
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- Yes
- 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 11 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 |
|---|---|---|---|---|---|
| 3311 NW 2nd Street | Jan 2026 | $592,000 | 4/2 | 1,806 | $328 |
| 3610 SW 5th Street | Mar 2026 | $675,000 | 3/2 | 1,533 | $440 |
| 3219 SW 7th Lane | Nov 2025 | $440,000 | 3/2 | 1,876 | $235 |
| 12230 Matlacha Boulevard | May 2026 | $550,000 | 3/2 | 1,830 | $301 |
| 119 SW 39th Place | Apr 2026 | $450,000 | 3/2 | 1,611 | $279 |
| 428 SW 28th Place | Sep 2025 | $510,000 | 4/2 | 1,808 | $282 |
| Average | 6 comps | $536,167 | $311 |
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 $65,000 (10.9%) from the original list price.
| Feb 6, 2026 | Sold | $530,000 |
| Oct 10, 2025 | Price reducedfrom $595,000 | $585,900 |
| Aug 29, 2025 | Listed | $595,000 |
The good, the trade-offs & the location
- Built 2002 — post-2002 Florida wind codes (typically lower insurance)
- Private pool
- Waterfront
- 2-car garage
- 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.