3 Bed Waterfront Home for Sale in Cape Coral
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SoldMLS# 2026006077

$295,000

3 Bed Waterfront Home for Sale in Cape Coral

703 SE 7th Street 2, Cape Coral, FL, 33990

3 beds2 baths1,892 sqft2 garage
GatedBoatingWaterfront

About this home

SELLER IS WILLING TO CONSIDER SELLER FINANCE!!! Welcome to this beautifully maintained WATERFRONT attached villa 3 bedrooms, 2 bathrooms, 2-car garage with a versatile bonus room in Cape Coral. Situated on a freshwater canal with 66 feet of water frontage, this home delivers both comfort and the Florida lifestyle you’ve been looking for. CLICK ON THE VIRTUAL TOUR LINK 1 FOR THE VIDEO AND VIRTUAL LINK 2 FOR THE 3D TOUR. The kitchen features all appliances, quartz countertops, ample cabinet and countertop space, a breakfast bar, and a closet pantry—perfect for casual meals or entertaining. The spacious living and dining room combo is filled with natural light from large windows and opens directly to the lanai, creating a seamless indoor-outdoor flow. The generous primary suite includes a walk-in closet and a private en-suite bathroom with a dual sink vanity and walk-in shower. Generously sized guest bedrooms are thoughtfully positioned on a split floor plan for added privacy and share a guest bathroom with convenient lanai access. The bonus room offers incredible flexibility and can easily serve as a home office, game room, home gym, or even a fourth bedroom to suit your needs. Step outside to the screened lanai—an ideal spot to sip morning coffee or unwind with your favorite evening beverage while enjoying peaceful water views. The semi-shared backyard features a concrete dock, perfect for freshwater fishing and relaxing canal-side living. 2023 ROOF - EPOXY COATED LANAI, DOCK AND GARAGE FLOORS - IRRIGATION SYSTEM W UPGRADED SPRINKLER HEADS & CONTROL SYSTEM. The neighborhood offers a peaceful, canal-front setting with convenient access to parks, schools, shopping, and dining. Residents enjoy nearby recreational spots like Four Mile Cove Ecological Preserve & Sun Splash Water Park, plus easy access to boating and outdoor activities along the Caloosahatchee River, with a short drive to local award-winning beaches. Schedule your showing TODAY!

Property details

Type
Attached
Year built
1978
Interior
1,892 sqft
Lot size
7,579.44 sqft
Acreage
0.17 acres
Garage
2 car
Days on market
132
Total association fees
None
CDD
None
Est. taxes (1.4%)
$4,130/yr
Flood zone (area est.)
No · Low risk (X)
Storm protection
None listed
Exposure
North
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

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
$156/sqft
Comp median
$173/sqft
Difference
-10%

Based on the $/sqft of 7 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
707 SE 9th PlaceApr 2026$334,6003/21,711$196
927 SE 5th CourtApr 2026$337,5003/21,747$193
526 SE 3RD TerraceNov 2025$359,9994/32,020$178
238 SE 9th TerraceJun 2026$331,0004/32,059$161
1403 SE 8th PlaceJul 2026$250,0003/22,023$124
1131 SE 13th TerraceApr 2026$355,0003/22,055$173
Average6 comps$328,017$171

Market trends, Cape Coral

Median list
$399,900
Median $/sqft
$233
Median sold (90d)
$389,900
Avg days on market
95
Active listings
2,487
Median sold price · Cape Coral
$389,900last 3 months9.2% vs $356,900 prior 3 months
Median closed price by month · Cape Coral
7.1% MoM18.3% YoY
$340k$380k$420kJul ’25Aug ’26
$420,000Aug ’26 · 189 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 $5,000 (1.7%) from the original list price.

Jul 9, 2026Sold$295,000
Mar 3, 2026Price reducedfrom $300,000$295,000
Feb 5, 2026Listed$300,000

The good, the trade-offs & the location

Pros
  • Lower flood risk (zone X)
  • Waterfront
  • 2-car garage
Consider
  • Built 1978 — pre-2002 construction may carry older wind codes and higher insurance
Location convenienceHigh
Hospital
1 mi
Cape Coral Hospital
Beach
12.9 mi
Fort Myers Beach
Airport
7 mi
Page Field (Fort Myers)
Shopping
1.5 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.