3 Bed 2 Bath Pool Waterfront SingleFamilyResidence for Sale in CAPE CORAL, FL
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SoldMLS# 2026015550

$585,000

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

2317 SE 27th Terrace, Cape Coral, FL, 33904

3 beds2 baths1,578 sqft2 garage
BoatingWaterfront

About this home

Experience true Florida waterfront living in this beautifully maintained Direct Gulf Access home located in Southeast Cape Coral, just minutes by boat to the river. From the moment you step inside, your eyes are drawn straight through to the stunning outdoor oasis. The expansive pool area is designed for both relaxation and entertaining, featuring a heated pool and spa with all new equipment, including a saltwater system. The large pavered seating area offers beautiful water views from every angle....perfect for enjoying the Southwest Florida Sunshine! Ideally positioned, the home provides full sun over the pool while maintaining shaded seating areas, creating the perfect balance for outdoor living. The waterfront amenities are truly exceptional. The dock area features a charming tiki hut with a granite countertop bar, ideal for hosting gatherings. A unique “peek-a-boo” cut-out in the dock, paired with underwater fish lights, creates a one-of-a-kind experience for viewing marine life. Boaters will appreciate the boat lift with new motors and a newer canopy cover, along with the spacious, fully pavered dock and lounge area that truly sets this home apart. Thoughtfully designed, the property also includes paver walkways on both sides of the lanai, along with electric and water available at the dock. Inside, the home offers an open and spacious layout filled with natural light, creating a warm and inviting atmosphere. The kitchen is equipped with newer appliances (all within the past two years), and additional updates include a newer hot water heater, new washer and dryer, updated windows, A/C (2020), and roof (2016), all showcasing pride of ownership throughout. Additional features include an extended paver driveway (approximately 22 feet wide) for ample parking, along with a fully pavered side yard that enhances both function and curb appeal. Situated at a great elevation with no history of water intrusion, this home offers added peace of mind. Meticulously cared for and move-in ready, it’s ideal as a full-time residence or a waterfront retreat. This is a truly exceptional property that combines comfort, quality, and the ultimate boating lifestyle.

Property details

Type
SingleFamilyResidence
Year built
1980
Interior
1,578 sqft
Lot size
10,018.8 sqft
Acreage
0.23 acres
Garage
2 car
Days on market
5
Total association fees
None
CDD
None
Est. taxes (1.4%)
$8,190/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
None listed
Exposure
Northwest
Waterfront
Yes
Gulf access
No
Gulf access type
N/A
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.

Above marketThis home is priced above comparable recent sales.
This home
$371/sqft
Comp median
$342/sqft
Difference
+8%

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.

AddressSoldSold priceBeds/BathsSq ft$/sqft
2726 SE 24th CourtMay 2026$574,5003/21,678$342
2244 SE 27th StreetNov 2025$522,2503/21,705$306
2236 SE 27th StreetJun 2026$580,0003/21,686$344
Average3 comps$558,917$331

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

Up $35,000 (6%) from the original list price.

May 15, 2026Sold$620,000
Apr 2, 2026Listed$585,000

The good, the trade-offs & the location

Pros
  • Private pool
  • Waterfront
  • 2-car garage
Consider
  • Built 1980 — 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
2.6 mi
Cape Coral Hospital
Beach
10.6 mi
Fort Myers Beach
Airport
3.7 mi
Page Field (Fort Myers)
Shopping
3.1 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.