$499,000
3 Bed 2 Bath Pool Waterfront SingleFamilyResidence for Sale in CAPE CORAL, FL
118 NE 8th Place, Cape Coral, FL, 33909
About this home
Experience Waterfront Florida Living at Its Best ~ with this stunning pool home (not in a flood zone) on a raised lot with a private dock along a freshwater canal with access to eight scenic lakes, including Shamrock, Saratoga, and Lake Kennedy. From the grand 8-foot double-door entry to soaring ceilings, every detail enhances the spacious, split-3 bedroom layout with a versatile den, tile throughout, and travertine in the bedrooms. The primary bedroom suite offers a luxurious walk-around shower and soaking tub. The sizable kitchen with roll-out drawers flows into the expansive great room—perfect for entertaining. Outside, enjoy the sparkling pool with tranquil fountain under a screened-in lanai and freshly painted pool deck. Recent updates include a new roof (2019) and water heater (2024). *For a full list of upgrades, please contact the listing agent. This move-in-ready gem combines comfort, style, and waterfront luxury—make it yours today! Plus, qualified buyers may have the opportunity to assume the seller’s VA loan with a rate below 3%—an incredible value in today’s market.
Property details
- Type
- SingleFamilyResidence
- Year built
- 2006
- Interior
- 2,210 sqft
- Lot size
- 10,280.16 sqft
- Acreage
- 0.24 acres
- Garage
- 2 car
- Days on market
- 35
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $6,986/yr
- Flood zone (area est.)
- No · Low risk (X)
- Storm protection
- None listed
- Exposure
- West
- Waterfront
- Yes
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- Yes
- Spa
- No
- Natural gas
- No
- Water
- Public
- 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 10 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.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 106 SE 5th Avenue | Jan 2026 | $470,000 | 4/3 | 2,265 | $208 |
| 1120 SE 1st Terrace | May 2026 | $432,500 | 3/2 | 2,057 | $210 |
| 129 NE 12th Court | Jul 2026 | $530,000 | 4/3 | 2,040 | $260 |
| 26 NE 13th Avenue | Jul 2026 | $590,000 | 3/2 | 2,375 | $248 |
| 511 NE 5th Avenue | Aug 2025 | $525,000 | 4/3 | 2,324 | $226 |
| 631 TROPICANA Parkway | Jan 2026 | $399,999 | 4/3 | 2,020 | $198 |
| Average | 6 comps | $491,250 | $225 |
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 $4,000 (0.8%) from the original list price.
| Oct 6, 2025 | Sold | $495,000 |
| Jun 17, 2025 | Listed | $499,000 |
The good, the trade-offs & the location
- Built 2006 — post-2002 Florida wind codes (typically lower insurance)
- Lower flood risk (zone X)
- Private pool
- Waterfront
- 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.