$749,900
3 Bed 3 Bath Pool Waterfront SingleFamilyResidence for Sale in CAPE CORAL, FL
1223 SW 28th Terrace, Cape Coral, FL, 33914
About this home
Move-in ready! This brand-new 3 bedroom + den, 3 bath, pool home sits on a freshwater canal in a prime Cape Coral location. Inside, you’ll find high ceilings, expansive windows, tile floors, and a beautiful kitchen with quartz countertops, custom cabinets, and stainless appliances. The primary suite offers two walk-in closets along with a sizable bathroom with dual vanities, a soaking tub and a walk-through shower. In the living area, the zero corner sliding glass doors offer seamless entertainment space from inside out to your screened lanai with a sparkling pool, outdoor kitchen, and spacious paver deck. Built for peace of mind with impact windows/doors, a durable tile roof, and flood zone X. Enjoy fishing the freshwater canals right from your backyard. Convenient access to shopping, dining, golf, and entertainment!
Property details
- Type
- SingleFamilyResidence
- Year built
- 2025
- Interior
- 2,041 sqft
- Lot size
- 10,018.8 sqft
- Acreage
- 0.23 acres
- Garage
- 3 car
- Days on market
- 136
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $10,499/yr
- Flood zone (area est.)
- No · Low risk (X)
- Storm protection
- Impact Windows/Doors
- 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
- Yes
- 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 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.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 1231 SW 28th Terrace | Nov 2025 | $695,000 | 4/3 | 2,100 | $331 |
| 1401 SW 28th Terrace | Oct 2025 | $650,000 | 3/2 | 2,129 | $305 |
| 1409 SW 28th Terrace | Jul 2026 | $685,000 | 4/2 | 2,215 | $309 |
| Average | 3 comps | $676,667 | $315 |
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 $129,000 (15.2%) from the original list price.
| Feb 4, 2026 | Sold | $720,000 |
| Dec 11, 2025 | Price reducedfrom $789,000 | $749,900 |
| Aug 20, 2025 | Listed | $849,000 |
The good, the trade-offs & the location
- Built 2025 — post-2002 Florida wind codes (typically lower insurance)
- New construction
- Lower flood risk (zone X)
- Private pool
- Waterfront
- Storm protection: Impact Windows/Doors
- 3-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.