3 Bed 2 Bath Pool Waterfront SingleFamilyResidence for Sale in CAPE CORAL, FL
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SoldMLS# 2025006351

$399,900

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

3502 SE 18th Place, Cape Coral, FL, 33904

3 beds2 baths1,513 sqft2 garage
BoatingWaterfront

About this home

Cash buyers only. NEVER FLOODED! Welcome to a superb opportunity in a premier location where one thing matters above all else: LOCATION!!! This west-facing home sits in a highly sought-after area with DIRECT gulf access and no bridges, offering quick, bridge-free pathways to open water for boaters—one turn and you're out to open water in minutes. It features 3 spacious bedrooms and 2 full baths and a huge pool that's 10ft deep with big-ticket items recently updated: roof in 2023, AC in 2023 and all new duct work, water heater in 2024, and new updated pool equipment in 2025. Perfect for an investment opportunity (Airbnb or long-term) or as a personal residence. You’ll love the surrounding amenities and an active lifestyle that lets you hop in your boat any day and explore the gulf, all while enjoying the convenience of being close to dining, entertainment, and waterfront attractions. Don’t miss this opportunity to own in one of the area’s best boating corridors—schedule your tour today and envision the lifestyle you can unlock here!

Property details

Type
SingleFamilyResidence
Year built
1973
Interior
1,513 sqft
Lot size
10,018.8 sqft
Acreage
0.23 acres
Garage
2 car
Days on market
30
Total association fees
None
CDD
None
Est. taxes (1.4%)
$5,599/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
None listed
Exposure
West
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.

Above marketThis home is priced above comparable recent sales.
This home
$264/sqft
Comp median
$236/sqft
Difference
+12%

Based on the $/sqft of 6 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.

AddressSoldSold priceBeds/BathsSq ft$/sqft
3417 SE 17th AvenueMay 2026$414,5002/21,489$278
3506 SE 22nd PlaceJan 2026$435,0003/21,677$259
1623 SE 39th TerraceJul 2026$439,0003/21,479$297
1741 SE 29th LaneOct 2025$345,0003/31,619$213
1419 SE 39th TerraceMay 2026$340,0003/21,629$209
1514 Shelby ParkwayOct 2025$355,0003/21,681$211
Average6 comps$388,083$245

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 $115,000 (24.7%) from the original list price.

Oct 30, 2025Sold$350,000
Sep 15, 2025Price reducedfrom $430,000$399,900
Aug 18, 2025Listed$465,000

The good, the trade-offs & the location

Pros
  • Private pool
  • Waterfront
  • 2-car garage
Consider
  • Built 1973 — pre-2002 construction may carry older wind codes and higher insurance
  • In a higher-risk flood zone (AE) — flood insurance likely required
Location convenienceHigh
Hospital
3.2 mi
Cape Coral Hospital
Beach
9.4 mi
Fort Myers Beach
Airport
4.5 mi
Page Field (Fort Myers)
Shopping
4.2 mi
Edison Mall (Fort Myers)

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.