3 Bed Waterfront Home for Sale in Cape Coral
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SoldMLS# 2026008211

$619,818

3 Bed Waterfront Home for Sale in Cape Coral

2818 SW 39th Street, Cape Coral, FL, 33914

3 beds2 baths1,842 sqft2 garage
BoatingWaterfront

About this home

Located in highly sought-after Southwest Cape Coral, widely considered one of the best places to live in the area, this beautifully custom-built Gulf access home offers the perfect blend of quality, comfort, and waterfront living. Built for the original owner, the home showcases thoughtful craftsmanship and pride of ownership throughout. All windows and doors are hurricane-impact rated and complemented by elegant plantation shutters, offering both security and timeless style. Fresh exterior paint and recently sealed pavers enhance the home’s clean, well-maintained appearance. Inside, diagonal tile flooring runs throughout, creating a spacious and upscale feel. The kitchen features granite countertops, stainless steel appliances, and ample cabinetry, making it ideal for both entertaining and everyday living. Custom California Closet systems provide excellent organization and functionality. Need extra room or storage the additional den gives this home an extra room for an office, gym, or a 4th bedroom. The oversized 22X27 foot garage adds additional storage that most homes don't offer. Step outside and enjoy true Florida living with desirable southern exposure, filling the home with natural light throughout the day. The large and extended lanai overlooks the water and leads to composite captain’s boat docks with a 10,000 lb boat lift with water, offering durable, low-maintenance Gulf access. Whether boating, entertaining, or simply relaxing by the water, this Southwest Cape Coral home delivers an exceptional waterfront lifestyle in a premier location. Please see Supplements for pdf file for more details.

Property details

Type
SingleFamilyResidence
Year built
2014
Interior
1,842 sqft
Lot size
10,018.8 sqft
Acreage
0.23 acres
Garage
2 car
Days on market
131
Total association fees
None
CDD
None
Est. taxes (1.4%)
$8,677/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
Impact Windows/Doors
Exposure
South
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.

Above marketThis home is priced above comparable recent sales.
This home
$336/sqft
Comp median
$314/sqft
Difference
+7%

Based on the $/sqft of 12 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
4012 SW 28th PlaceJun 2026$595,0003/21,742$342
4104 SW 28th PlaceSep 2025$575,0003/21,928$298
2616 SW 41st StreetApr 2026$665,0003/22,028$328
2533 SW 38th TerraceAug 2026$525,0003/21,887$278
2619 SW 35th LaneFeb 2026$625,0003/21,749$357
2516 SW 37th TerraceOct 2025$562,4503/32,003$281
Average6 comps$591,242$314

Market trends, Cape Coral

Median list
$399,000
Median $/sqft
$233
Median sold (90d)
$385,000
Avg days on market
94
Active listings
2,460
Median sold price · Cape Coral
$385,000last 3 months7.2% vs $359,000 prior 3 months
Median closed price by month · Cape Coral
2.6% MoM7% YoY
$340k$365k$390kJul ’25Aug ’26
$380,000Aug ’26 · 444 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 $56,900 (8.8%) from the original list price.

Jul 31, 2026Sold$593,000
Jun 1, 2026Price reducedfrom $639,900$619,818
Feb 15, 2026Listed$649,900

The good, the trade-offs & the location

Pros
  • Built 2014 — post-2002 Florida wind codes (typically lower insurance)
  • Waterfront
  • Storm protection: Impact Windows/Doors
  • 2-car garage
Consider
  • In a higher-risk flood zone (AE) — flood insurance likely required
Location convenienceHigh
Hospital
6.7 mi
Cape Coral Hospital
Beach
10.2 mi
Fort Myers Beach
Airport
10.6 mi
Page Field (Fort Myers)
Shopping
7.6 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.