3 Bed Waterfront Home for Sale in Cape Coral
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For SaleMLS# 2026006068

$420,500

3 Bed Waterfront Home for Sale in Cape Coral

1014 SW 8th Place, Cape Coral, FL, 33991

3 beds2 baths1,998 sqft2 garage
GatedBoatingWaterfront

About this home

Stunning Waterfront Canal Home in Southwest Cape Coral Located in Flood Zone X – flood insurance not required. Welcome to modern Florida living at its finest. This beautifully crafted 3-bedroom, 2-bath residence built in 2023 offers a desirable split floor plan and an exceptional location on the freshwater Dragoon Canal, providing peaceful water views and a relaxing Florida lifestyle. This home features approximately 2,081 square feet of living space with tile flooring throughout and an open-concept design ideal for everyday living and entertaining. The kitchen is thoughtfully designed with custom cabinetry, quartz countertops, stainless steel appliances, and a spacious walk-in pantry. Architectural details include tray ceilings and tasteful modern finishes throughout the home. The primary suite offers a private retreat with dual vanities, a large walk-in closet, and a well-appointed en-suite bath. The split bedroom layout provides added privacy for guests or family members. Ceiling fans are installed in every bedroom, and the home is filled with natural light. Additional highlights include a two-car attached garage, professionally landscaped lot, and direct canal frontage with seawall. The outdoor space offers plenty of room to relax, entertain, or enjoy waterfront living. Located in desirable Southwest Cape Coral, this home is close to shopping, dining, schools, and major roadways, making it a convenient and attractive option for full-time residents or seasonal buyers. Property is virtually staged schedule a private showing today so you can visualize your custom design desires.

Property details

Type
SingleFamilyResidence
Year built
2023
Interior
1,998 sqft
Lot size
10,323.72 sqft
Acreage
0.24 acres
Garage
2 car
Days on market
206
Total association fees
None
CDD
None
Est. taxes (1.4%)
$5,887/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
No
Spa
No
Natural gas
No
Water
Assessment Unpaid
Sewer
Assessment Unpaid
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.

Below marketThis home is priced below comparable recent sales, a potential value.
This home
$210/sqft
Comp median
$232/sqft
Difference
-9%

Based on the $/sqft of 3 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
1006 SW 6th AvenueApr 2026$480,0004/21,800$267
630 SW 11th PlaceJul 2026$424,0004/21,828$232
1143 SW 7th TerraceFeb 2026$405,0003/22,026$200
Average3 comps$436,333$233

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.

Price & status history

Down $29,500 (6.6%) from the original list price.

Aug 29, 2026Price reducedfrom $420,900$420,500
Feb 5, 2026Listed$450,000

The good, the trade-offs & the location

Pros
  • Built 2023 — post-2002 Florida wind codes (typically lower insurance)
  • Lower flood risk (zone X)
  • Waterfront
  • Storm protection: Shutters
  • 2-car garage
Location convenienceHigh
Hospital
3 mi
Cape Coral Hospital
Beach
12.7 mi
Fort Myers Beach
Airport
8.6 mi
Page Field (Fort Myers)
Shopping
3.5 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.