3 Bed 2 Bath Pool Waterfront SingleFamilyResidence for Sale in CAPE CORAL, FL
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SoldMLS# 223067273

$999,000

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

5315 SW 28th Place, Cape Coral, FL, 33914

3 beds2 baths2,793 sqft2 garage
BoatingWaterfront

About this home

GULF ACCESS-NO BRIDGES! NEW TILE ROOF 2024. Elegant 3 Bed, plus den, 2 Bath, Beautifully Furnished, Canal Home has so much to offer PLUS Breathtaking sunrises over the water. The impressive, circular paver driveway leads you to this exquisite home. The massive double etched entry doors welcome you into the meticulous 2,700 sf, open floor plan w/ vaulted ceilings. A chef's dream kitchen boasts SS Appliances, granite, custom tile backsplash, amazing island, wine cooler & plenty of storage. Multiple access onto the screened-in, paver lanai to enjoy your outdoor living/entertaining experience. Relax in the gorgeous infinity edge, HEATED POOL & SPA with fountain waterfalls while enjoying the panoramic waterfront views. A boater's dream w/ direct access to the Gulf of Mexico and minutes away from Cape Harbour's restaurants, entertainment and nightlife! Coveted, FLORIDA LIFESTYLE awaits you in the peaceful Peninsula Point neighborhood with saltwater access. Flood insurance is transferable $1300 approx. for the year.

Property details

Type
SingleFamilyResidence
Year built
2004
Interior
2,793 sqft
Lot size
10,018.8 sqft
Acreage
0.23 acres
Garage
2 car
Days on market
663
Total association fees
None
CDD
None
Est. taxes (1.4%)
$13,986/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
None listed
Exposure
East
Waterfront
Yes
Gulf access
Yes
Gulf access type
Direct — no bridges
Pool
Yes
Spa
Yes
Natural gas
No
Water
Public
Sewer
Public Sewer
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.

At marketThis home is priced in line with comparable recent sales.
This home
$358/sqft
Comp median
$380/sqft
Difference
-6%

Based on the $/sqft of 5 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
5328 SW 28th PlaceDec 2025$1,050,0003/22,766$380
5106 Sands BoulevardJul 2026$1,155,0004/22,737$422
2602 El Dorado ParkwayFeb 2026$1,050,0003/22,709$388
4926 SW 25th CourtJul 2025$960,0004/32,606$368
4805 SW 25th PlaceDec 2025$845,0004/32,718$311
Average5 comps$1,012,000$374

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 $607,000 (41.6%) from the original list price.

Aug 4, 2025Sold$852,000
Jul 5, 2025Price reducedfrom $1,099,000$999,000
Sep 15, 2023Listed$1,459,000

The good, the trade-offs & the location

Pros
  • Built 2004 — post-2002 Florida wind codes (typically lower insurance)
  • Private pool
  • Gulf access (Direct — no bridges)
  • 2-car garage
Consider
  • In a higher-risk flood zone (AE) — flood insurance likely required
Location convenienceHigh
Hospital
7.8 mi
Cape Coral Hospital
Beach
8.6 mi
Fort Myers Beach
Airport
10.8 mi
Page Field (Fort Myers)
Shopping
8.9 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.