$699,000
3 Bed 2 Bath Pool Waterfront SingleFamilyResidence for Sale in CAPE CORAL, FL
725 El Dorado Parkway, Cape Coral, FL, 33914
About this home
MULTI MILLION $ VIEWS ACROSS THE GULF ACCESS LAKE! Welcome to this waterfront retreat on Britannia Lake, part of Cape Coral’s sought-after “8 Lakes” community. This distinctive two-story home offers 3 bedrooms, 2 bathrooms, a den, and 2,746 square feet of living space with a unique architectural style. The great room features vaulted ceilings and a wood-burning fireplace, while the U-shaped kitchen includes a breakfast bar for casual dining and entertaining. The primary suite is located on the main floor with sliding doors opening to the lanai, pool, and spa. Both the dining room and great room also provide direct access to the outdoor living area and panoramic lake views. Upstairs, two guest bedrooms each feature private balconies overlooking the pool and lake, along with a versatile loft space. The outdoor area is designed for relaxation and entertaining with a heated, heart-shaped pool, spa, and screened lanai surrounded by tropical landscaping. A wooden dock offers boating access to restaurants, beaches, and the Gulf of Mexico. The oversized 2+ car garage and large driveway provide plenty of storage and parking. Updates include a new metal roof (2022) and AC (2023). Located near the Rose Garden, Rotary Park, and Tarpon Point Marina, this home combines convenience with an unmatched waterfront lifestyle. Currently part of a successful short-term rental program, it also presents an excellent investment opportunity. NO FLOODING DURING RECENT HURRICANES and a transferable flood policy at just $1,024 per year add peace of mind.
Property details
- Type
- SingleFamilyResidence
- Year built
- 1983
- Interior
- 2,746 sqft
- Lot size
- 12,632.4 sqft
- Acreage
- 0.29 acres
- Garage
- 2 car
- Days on market
- 105
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $9,786/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- None listed
- Exposure
- Northeast
- Waterfront
- Yes
- Gulf access
- Yes
- Gulf access type
- Direct — no bridges
- Pool
- Yes
- Spa
- Yes
- 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 4 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.
Seeing several homes? Build a tour and we'll route it for you.
Your notes on this home
Keep private notes on this home — what you love, what to ask about — saved to your account and shared with your agent.
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 |
|---|---|---|---|---|---|
| 1118 El Dorado Parkway | Dec 2025 | $685,000 | 3/2 | 2,603 | $263 |
| 5511 SW 12th Place | Mar 2026 | $580,000 | 4/3 | 2,901 | $200 |
| 1444 SW 57th Street | Dec 2025 | $700,000 | 3/2 | 2,742 | $255 |
| 6081 Silver King Boulevard 203 | Jun 2026 | $700,000 | 3/3 | 2,764 | $253 |
| Average | 4 comps | $666,250 | $243 |
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 $127,000 (17.5%) from the original list price.
| Mar 30, 2026 | Sold | $600,000 |
| Dec 6, 2025 | Price reducedfrom $727,000 | $699,000 |
| Sep 30, 2025 | Listed | $727,000 |
The good, the trade-offs & the location
- Private pool
- Gulf access (Direct — no bridges)
- 2-car garage
- Built 1983 — pre-2002 construction may carry older wind codes and higher insurance
- 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.
Similar homes nearby
$815,900
MLS# 20260306934007 Surfside Boulevard, Cape Coral, FL, 33914
$599,900
MLS# 22504466712377 Anglers Cove, Fort Myers, FL, 33908
$724,900
MLS# 20260044133815 Surfside Boulevard, Cape Coral, FL, 33914
$675,000
MLS# 20250169113208 SE 5th Avenue, Cape Coral, FL, 33904
$695,400
MLS# 2025020646144 SW 38th Terrace, Cape Coral, FL, 33914
$679,900
MLS# 2026018155414 SE 30th Terrace, Cape Coral, FL, 33904
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.