3 Bed Pool Home for Sale in Cape Coral
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For SaleMLS# 2026030406

$490,000

3 Bed Pool Home for Sale in Cape Coral

318 SW 28th Street, Cape Coral, FL, 33914

3 beds2 baths1,755 sqft2 garage
GatedBoatingWaterfront

About this home

Welcome to this spacious waterfront pool home located in a desirable Cape Coral with all the ASSESSMENTS IN and PAID. This very successful vacation rental is NOT located in a Flood Zone. The home is being offered fully furniture, making it move in ready for full time homeowners, investors or seasonal residents. Step inside to a BRIGHT Open Concept Floor Plan filled with plenty of natural light. This gem offers 3 bedrooms, 2 bathrooms, 2 car garage and a contemporary and functional kitchen, with modern countertops and ample seating space for everyone to gather. The master suite has a sliding glass door leading out to the patio and swimming pool under the lanai enclosure overlooking the canal. From the pool area you will enjoy the amazing Florida sunsets. Located just minutes from Veterans Parkway and Del Prado Boulevard with easy access to popular restaurants, Tarpon Point Marina, Cape Harbor and more. This Cape Coral gem offers everything you need to enjoy the SW Florida live style. Don’t lose the opportunity to own this turned key property that offers the perfect blend of style, functionality and comfort. Why wait….?? Call to schedule a private showing today.

Property details

Type
SingleFamilyResidence
Year built
1991
Interior
1,755 sqft
Lot size
10,018.8 sqft
Acreage
0.23 acres
Garage
2 car
Days on market
16
Total association fees
None
CDD
None
Est. taxes (1.4%)
$6,860/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
None listed
Exposure
South
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

Amenities

Other

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.

At marketThis home is priced in line with comparable recent sales.
This home
$279/sqft
Comp median
$270/sqft
Difference
+3%

Based on the $/sqft of 7 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
624 Mohawk ParkwayFeb 2026$489,0003/21,745$280
504 Cape Coral ParkwayOct 2025$515,0003/31,927$267
238 SW 45th TerraceAug 2026$455,0003/21,920$237
3931 Pelican BoulevardJan 2026$450,0003/21,921$234
5024 Skyline BoulevardJan 2026$460,0003/21,616$285
4116 SW 1st PlaceAug 2026$525,0003/21,948$270
Average6 comps$482,333$262

Market trends, Cape Coral

Median list
$399,000
Median $/sqft
$232
Median sold (90d)
$385,000
Avg days on market
94
Active listings
2,481
Median sold price · Cape Coral
$385,000last 3 months7.2% vs $359,000 prior 3 months
Median closed price by month · Cape Coral
1.3% MoM8.4% YoY
$340k$365k$390kJul ’25Aug ’26
$384,750Aug ’26 · 413 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.

The good, the trade-offs & the location

Pros
  • Private pool
  • Waterfront
  • 2-car garage
Consider
  • Built 1991 — 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
5.3 mi
Cape Coral Hospital
Beach
8.5 mi
Fort Myers Beach
Airport
8 mi
Page Field (Fort Myers)
Shopping
6.4 mi
Coralwood / Merchants Crossing (Cape)

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.