3 Bed Waterfront Home for Sale in Cape Coral
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For SaleMLS# 2026006713

$464,500

3 Bed Waterfront Home for Sale in Cape Coral

1202 SW 8th Place, Cape Coral, FL, 33991

3 beds2 baths2,138 sqft2 garage
GatedBoatingWaterfront

About this home

Welcome to this beautifully crafted 2023 new-construction home by Unique Homes, ideally situated on the freshwater Dragoon Canal West Facing (For Breathtaking Sunsets) in sought-after Southwest Cape Coral. Located in Flood Zone X – flood insurance not required. This 3-bedroom plus den residence offers a thoughtfully designed split-bedroom floor plan with an open, light-filled great room that flows seamlessly for everyday living and entertaining. High-end finishes are featured throughout, including hurricane impact windows and doors, elegant tray ceilings, 24-inch tile flooring, 5.5-inch baseboards, and walk-in closets in every bedroom. The chef’s kitchen is the heart of the home, showcasing stainless steel appliances, a walk-in pantry, custom cabinetry, and a striking granite waterfall island that anchors the space. The primary suite is a true retreat with dual sinks and a spacious walk-in shower, while the additional bedrooms and den offer flexibility for guests, a home office, or hobby space. Enjoy peaceful canal and water views from the rear of the property, with plenty of room to design your ideal outdoor living area. Located in an established neighborhood with city water, sewer, and irrigation already in place, this home delivers both quality construction and long-term value. No HOA. No flood damage. Move-in ready. Schedule your private showing today and experience the attention to detail that sets this home apart. Be sure to view the virtual tour. This home is virtually staged please schedule a private showing so you can envision how you would apply your favorite design.

Property details

Type
SingleFamilyResidence
Year built
2023
Interior
2,138 sqft
Lot size
10,323.72 sqft
Acreage
0.24 acres
Garage
2 car
Days on market
205
Total association fees
None
CDD
None
Est. taxes (1.4%)
$6,503/yr
Flood zone (area est.)
No · Low risk (X)
Storm protection
Impact Windows/Doors
Exposure
West
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
Yes
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
$217/sqft
Comp median
$255/sqft
Difference
-15%

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
1143 SW 7th TerraceFeb 2026$405,0003/22,026$200
1406 SW 13th StreetJul 2026$530,0004/31,962$270
907 SW 15th PlaceJun 2026$519,0004/22,035$255
Average3 comps$484,667$242

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 $24,500 (5%) from the original list price.

Aug 29, 2026Price reducedfrom $465,000$464,500
Feb 6, 2026Listed$489,000

The good, the trade-offs & the location

Pros
  • Built 2023 — post-2002 Florida wind codes (typically lower insurance)
  • New construction
  • Lower flood risk (zone X)
  • Waterfront
  • Storm protection: Impact Windows/Doors
  • 2-car garage
Location convenienceHigh
Hospital
3 mi
Cape Coral Hospital
Beach
12.6 mi
Fort Myers Beach
Airport
8.5 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.