$419,900
3 Bed 2 Bath Waterfront SingleFamilyResidence for Sale in CAPE CORAL, FL
2540 Shelby Parkway, Cape Coral, FL, 33904
About this home
Second chances don't come around too often, but now is your chance! Due to no fault of the property or the seller, this spacious, meticulously maintained waterfront property is available once again! This Gulf Access canal, waterfront, 3 bedroom/2 bath home could be yours! Brand new roof, brand new lanai, boat lift and dock, open living concept, great yard, and super location!! Sitting higher than sea level, keeps this property high and dry away from fear of storm surge! Close to shopping, restaurants, beaches, and any other activity or amenity you could wish for! As and added bonus, the sellers are offering a 1-YEAR HOME WARRANTY to ensure your peace of mind! This piece of paradise is ready and waiting for you!
Property details
- Type
- SingleFamilyResidence
- Year built
- 2000
- Interior
- 1,512 sqft
- Lot size
- 10,018.8 sqft
- Acreage
- 0.23 acres
- Garage
- 2 car
- Days on market
- 93
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $5,879/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
- No
- Spa
- No
- Natural gas
- No
- Water
- Public
- Sewer
- Public Sewer
- New construction
- No
- Pets
- Yes
- County
- Lee
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 3 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 |
|---|---|---|---|---|---|
| 2821 SE 8th Avenue | May 2026 | $359,900 | 3/2 | 1,435 | $251 |
| 3109 SE 10th Avenue | Jul 2026 | $435,000 | 2/2 | 1,369 | $318 |
| 1932 SE 8th Avenue | May 2026 | $365,000 | 4/2 | 1,655 | $221 |
| Average | 3 comps | $386,633 | $263 |
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 $99,900 (21%) from the original list price.
| Mar 5, 2026 | Sold | $375,000 |
| Jan 29, 2026 | Back on market | |
| Jan 14, 2026 | Price reducedfrom $449,900 | $419,900 |
| Oct 29, 2025 | Listed | $474,900 |
The good, the trade-offs & the location
- Lower flood risk (zone X)
- Waterfront
- 2-car garage
- Built 2000 — pre-2002 construction may carry older wind codes and higher insurance
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.