$368,000
3 Bed Waterfront Home for Sale in Cape Coral
306 SE 8th Place, Cape Coral, FL, 33990
About this home
Welcome to 306 SE 8th Place, a beautifully maintained 3-bedroom, 2-bath home offering the perfect combination of comfort, convenience, and the laid-back Florida lifestyle. Situated along a peaceful freshwater canal, this move-in-ready home delivers a serene backyard setting where you can relax under the spacious under-truss lanai, enjoy your morning coffee, entertain friends, or simply take in the beautiful surroundings. The backyard is enhanced by mature fruit trees, adding to the tropical feel and creating your own private slice of Southwest Florida. Inside, the home features a desirable split-bedroom floor plan with generously sized bedrooms, providing privacy for everyone. The spacious great room serves as the heart of the home, offering an open and inviting space for everyday living and entertaining. The centrally located kitchen features beautiful granite countertops and flows naturally into the living and dining areas, making gatherings with family and friends effortless. The primary suite offers a private retreat with its own full bath and relaxing tub. Numerous updates add to the home's appeal, including a new roof installed in 2022, all-new shutters, and granite countertops. The property also offers a convenient 2-car garage and does not require flood insurance, adding to its affordability and peace of mind. Outside, the freshwater canal provides access to some of Cape Coral's many beautiful lakes, giving you the opportunity to enjoy boating, fishing, kayaking, or simply watching the wildlife from your own backyard. It is the kind of setting that lets you slow down and truly enjoy the Florida lifestyle. Location is another major advantage. Just minutes from the highly desirable Pine Island Corridor, you'll have an abundance of shopping, restaurants, entertainment, and everyday conveniences close by, while major roadways provide easy access throughout Cape Coral and beyond. Whether you're looking for a place to call home, a seasonal Florida retreat, or an investment property, this one checks all the boxes. Long-term tenants are currently in place, providing immediate rental income for an investor, while the home's updated condition and low-maintenance appeal make it equally attractive to an owner-occupant. If you've been looking for an affordable, updated Cape Coral home with a beautiful freshwater canal backdrop, excellent location, and plenty of Florida charm, 306 SE 8th Place is an opportunity you won't want to miss.
Property details
- Type
- SingleFamilyResidence
- Year built
- 1998
- Interior
- 1,648 sqft
- Lot size
- 10,018.8 sqft
- Acreage
- 0.23 acres
- Garage
- 2 car
- Days on market
- 0
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $5,152/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
- Assessment Paid
- Sewer
- Assessment Paid
- 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 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.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 546 SE 4th Street | Jun 2026 | $380,000 | 3/2 | 1,655 | $230 |
| 623 SE 9th Place | Sep 2025 | $369,900 | 3/2 | 1,722 | $215 |
| 707 SE 9th Place | Apr 2026 | $334,600 | 3/2 | 1,711 | $196 |
| 723 SE 9th Avenue | May 2026 | $331,500 | 3/2 | 1,549 | $214 |
| 1220 Hancock Bridge Parkway | Sep 2025 | $373,000 | 3/2 | 1,761 | $212 |
| 201 SE 4th Street | Aug 2025 | $395,000 | 3/2 | 1,564 | $253 |
| Average | 6 comps | $364,000 | $220 |
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.
The good, the trade-offs & the location
- Lower flood risk (zone X)
- Waterfront
- Storm protection: Shutters
- 2-car garage
- Built 1998 — pre-2002 construction may carry older wind codes and higher insurance
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.
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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.