$674,000
3 Bed 2 Bath Pool Waterfront SingleFamilyResidence for Sale in CAPE CORAL, FL
1401 SW 28th Terrace, Cape Coral, FL, 33914
About this home
Waterfront Paradise in Pelican Area – 1401 SW 28th Terrace, Cape Coral Welcome to your dream furnished home in the highly desirable Pelican are of Cape Coral! Ideally located off Chiquita Blvd and just minutes from the marina, this elegant waterfront residence offers the perfect blend of luxury, comfort, and Florida coastal living. Home is high & dry NO FLOOD! This spacious home features 3 bedrooms + a den, 2 full bathrooms, and an open-concept layout designed for both entertaining and relaxing. Throughout the home, you’ll find luxury polished tile flooring, adding a sleek and sophisticated touch that complements the airy design. Enjoy the 12-foot coffered ceilings in the great room and living area, and 9'4" ceilings in all bedrooms, giving the entire space a bright and expansive feel. Accordion-style sliding glass doors open wide to your private heated pool and screened lanai, creating a seamless indoor-outdoor living experience. Step outside to a tropical oasis featuring mature landscaping, providing privacy, beauty, and shade around the home. The oversized dock offers 100 feet of canal frontage with a seawall, along with kayak and jet ski launches, perfect for enjoying the Southwest Florida waterfront lifestyle. Inside, a game room in the garage and a dedicated office offer flexible space for work and play. The exterior boasts a paver driveway, patio, and front porch, enhancing curb appeal and adding to the home's low-maintenance luxury. Whether you're looking for a full-time residence, seasonal retreat, or income-producing property, this waterfront gem stands out in one of Cape Coral’s most desirable neighborhoods.
Property details
- Type
- SingleFamilyResidence
- Year built
- 2023
- Interior
- 2,129 sqft
- Lot size
- 10,018.8 sqft
- Acreage
- 0.23 acres
- Garage
- 2 car
- Days on market
- 73
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $9,436/yr
- Flood zone (area est.)
- No · Low risk (X)
- Storm protection
- Shutters
- Exposure
- North
- 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
Maintenance included in the fee
What the association dues cover, per the MLS. Confirm the full schedule with the HOA.
Amenities
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 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.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 1409 SW 28th Terrace | Jul 2026 | $685,000 | 4/2 | 2,215 | $309 |
| 1231 SW 28th Terrace | Nov 2025 | $695,000 | 4/3 | 2,100 | $331 |
| 1223 SW 28th Terrace | Feb 2026 | $720,000 | 3/3 | 2,041 | $353 |
| 1220 SW 28th Street | Jul 2026 | $589,000 | 4/3 | 2,145 | $275 |
| 2933 SW 11th Place | Oct 2025 | $610,000 | 4/3 | 2,127 | $287 |
| 1216 SW 31st Terrace | Oct 2025 | $600,000 | 3/2 | 2,316 | $259 |
| Average | 6 comps | $649,833 | $302 |
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 $49,000 (7%) from the original list price.
| Oct 6, 2025 | Sold | $650,000 |
| Jun 18, 2025 | Price reducedfrom $679,000 | $674,000 |
| Apr 30, 2025 | Listed | $699,000 |
The good, the trade-offs & the location
- Built 2023 — post-2002 Florida wind codes (typically lower insurance)
- Lower flood risk (zone X)
- Private pool
- Waterfront
- Storm protection: Shutters
- 2-car garage
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.
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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.