$399,000
3 Bed Waterfront Home for Sale in Cape Coral
1428 NW 27th Place, Cape Coral, FL, 33993
About this home
Welcome to this like-new, light-filled retreat nestled along a serene freshwater canal where every evening ends with breathtaking sunset views right from your own backyard. From the moment you step inside, you'll be captivated by the soaring high ceilings and expansive, open-concept layout that seamlessly connects the living, dining, and kitchen spaces. Natural light pours through the home, enhancing the modern finishes and tile flooring that flows throughout every room. The heart of the home is the stunning chef's kitchen, featuring a large center island perfect for entertaining, sleek contemporary finishes, and plenty of space for gathering. With 2,270 square feet, this thoughtfully designed 3-bedroom plus den, 3-bathroom home offers flexibility and convenience. The split floor plan ensures privacy, with one of the secondary bedrooms featuring its own ensuite bathroom—ideal for guests or multigenerational living. The third full bathroom is perfectly positioned to service the main living area and additional bedroom. Retreat to the luxurious primary suite, where you'll find a spacious walk-in closet and a spa-inspired bathroom designed to impress. Unwind in the deep soaking tub, refresh in the oversized walk-in shower featuring dual shower heads—perfect for two—and enjoy the convenience of large double vanities with ample counter and storage space. Step outside and experience the true Florida lifestyle. Entertain friends and family on the large, covered back patio, perfect for barbeques and alfresco dining. The backyard is fully fenced, keeping the space secure for pets and family while ensuring an unobstructed view of the water. Your own private concrete dock awaits on the freshwater canal, perfect for launching a kayak, casting a line, or watching for fish and other wildlife in the calm water. This move-in-ready gem checks every box — modern, spacious, bright, and beautifully situated. SHORT SALE, subject to lender approval. Schedule your private showing today!
Property details
- Type
- SingleFamilyResidence
- Year built
- 2024
- Interior
- 2,270 sqft
- Lot size
- 10,018.8 sqft
- Acreage
- 0.23 acres
- Garage
- 2 car
- Days on market
- 155
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $5,586/yr
- Flood zone (area est.)
- No · Low risk (X)
- Storm protection
- Shutters
- Exposure
- West
- Waterfront
- Yes
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- No
- Spa
- No
- Natural gas
- No
- Water
- Well
- Sewer
- Septic Tank
- 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.
Based on the $/sqft of 5 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.
Seeing several homes? Build a tour and we'll route it for you.
Your notes on this home
Keep private notes on this home, what you love, what to ask about, saved to your account and shared with your agent.
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 |
|---|---|---|---|---|---|
| 1133 NW 28th Avenue | Mar 2026 | $365,800 | 4/2 | 2,169 | $169 |
| 2919 NW 10th Street | Mar 2026 | $378,500 | 4/3 | 2,117 | $179 |
| 2230 NW 15th Terrace | Jun 2026 | $395,000 | 4/3 | 2,135 | $185 |
| 2609 NW 8th Terrace | Dec 2025 | $406,600 | 4/3 | 2,265 | $180 |
| 2118 NW 25th Place | Jan 2026 | $415,000 | 4/3 | 2,265 | $183 |
| Average | 5 comps | $392,180 | $179 |
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 $71,000 (15.1%) from the original list price.
| Aug 28, 2026 | Price reducedfrom $415,000 | $399,000 |
| Mar 26, 2026 | Listed | $470,000 |
The good, the trade-offs & the location
- Built 2024 — post-2002 Florida wind codes (typically lower insurance)
- Lower flood risk (zone X)
- Waterfront
- Storm protection: Shutters
- 2-car garage
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.
Similar homes nearby
$334,900
MLS# 20260213301824 SW 2nd Street, Cape Coral, FL, 33991
$434,999
MLS# 2260044361401 NE 5th Place, Cape Coral, FL, 33909
$397,900
MLS# 20260255172032 NW 2nd Avenue, Cape Coral, FL, 33993
$344,500
MLS# 2026033858420 NE 15th Terrace, Cape Coral, FL, 33909
$384,000
MLS# 2026026912451 Spring Hill Lake Loop, Cape Coral, FL, 33993
$389,900
MLS# 20260360912005 NW 3rd Terrace, Cape Coral, FL, 33993
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.