$499,900
3 Bed 2 Bath Pool Waterfront SingleFamilyResidence for Sale in CAPE CORAL, FL
227 SW 28th Terrace, Cape Coral, FL, 33914
About this home
Stunning Waterfront Pool Home in Prime Cape Coral Location! Welcome to 227 SW 28th Terrace — a beautifully maintained home offering the perfect blend of comfort, style, and Florida living. This property features a BRAND-NEW stone coated steel roof that offers the elegant look of tile with the durability and longevity of metal. NO FLOOD insurance required, and all water/sewer assessments are in and paid for your peace of mind. Portable generator plug installed in the garage. Enjoy serene waterfront living with intersecting freshwater canal views, perfect for kayaking, fishing, or simply relaxing by the water. The oversized paver lanai showcases an electric HEATED POOL, surrounded by lush landscaping for a private tropical retreat. Centrally located just south of Veterans Pkwy, minutes from shopping, dining, and the bridge to Fort Myers. Don't miss this opportunity to own a piece of paradise in one of Cape Coral’s most desirable areas!
Property details
- Type
- SingleFamilyResidence
- Year built
- 2006
- Interior
- 1,889 sqft
- Lot size
- 11,586.96 sqft
- Acreage
- 0.27 acres
- Garage
- 2 car
- Days on market
- 7
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $6,999/yr
- Flood zone (area est.)
- No · Low risk (X)
- Storm protection
- Shutters
- Exposure
- North
- 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 20 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 |
|---|---|---|---|---|---|
| 204 SW 28th Street | Jan 2026 | $599,900 | 4/2 | 1,718 | $349 |
| 129 SW 28th Terrace | Oct 2025 | $415,000 | 3/2 | 1,882 | $221 |
| 406 SW 28th Street | Nov 2025 | $600,000 | 3/2 | 1,964 | $305 |
| 123 SW 29th Street | Jun 2026 | $384,000 | 4/2 | 2,048 | $188 |
| 226 SW 30th Terrace | Feb 2026 | $395,000 | 3/2 | 1,917 | $206 |
| 2539 SW 4th Avenue | Dec 2025 | $460,000 | 4/3 | 1,898 | $242 |
| Average | 6 comps | $475,650 | $252 |
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 $9,900 (2%) from the original list price.
| Jan 23, 2026 | Sold | $490,000 |
| Aug 17, 2025 | Listed | $499,900 |
The good, the trade-offs & the location
- Built 2006 — post-2002 Florida wind codes (typically lower insurance)
- Lower flood risk (zone X)
- Private pool
- Waterfront
- Storm protection: Shutters
- 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.