3 Bed Waterfront Home for Sale in Cape Coral
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For SaleMLS# 2026034096

$750,000

3 Bed Waterfront Home for Sale in Cape Coral

2405 SW 32nd Street, Cape Coral, FL, 33914

3 beds2 baths3,086 sqft2 garage
GatedBoatingWaterfront

About this home

Experience waterfront living in highly desirable Southwest Cape Coral with this distinctive 3-bedroom, 3-bath Gulf-access home offering more than 3,000 square feet of air-conditioned living space. Built in 2023 and positioned on intersecting canals, the property enjoys a full-length waterfront view from the backyard along with sought-after northern rear exposure, creating an impressive setting for enjoying the Southwest Florida boating lifestyle. Inside, the home features a spacious contemporary design highlighted by dramatic 16-foot ceilings, wide doorways, abundant natural light, and an open-concept floor plan. Each of the three generously sized bedrooms includes a private en-suite bathroom, providing excellent separation and flexibility for guests, extended family, or multigenerational living. The kitchen offers quartz countertops, stainless steel appliances, a Forno oven. Mitsubishi multi-zone mini-split systems provide individualized climate control throughout the home. The bathrooms feature walk-in showers, floating vanities, floating toilets, and a barrier-free design intended to support ease of movement and accessibility. Outdoor living is a major highlight of this Southwest Cape Coral waterfront property. The expansive lanai features a tongue-and-groove pine ceiling, oversized fans, an Italian-inspired grill, and an outdoor sink and prep area. From the backyard, enjoy an expansive view across the intersecting Gulf-access canals and concrete seawall, offering a striking waterfront backdrop and direct access to Cape Coral’s extensive boating network. The property does have unfinished work that will need to be completed by the buyer and is being sold AS IS with the right to inspect. The list price has been positioned to reflect the remaining work and current condition, creating an opportunity for a buyer to complete the home according to their own preferences and vision. For buyers searching for a Gulf-access home in Southwest Cape Coral with intersecting canal views, northern rear exposure, modern construction, spacious living areas, and exceptional boating potential, this property offers a unique opportunity in one of Cape Coral’s most desirable waterfront locations.

Property details

Type
SingleFamilyResidence
Year built
2023
Interior
3,086 sqft
Lot size
14,984.64 sqft
Acreage
0.34 acres
Garage
2 car
Days on market
0
Total association fees
None
CDD
None
Est. taxes (1.4%)
$10,500/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
Impact Windows/Doors
Exposure
North
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.

At marketThis home is priced in line with comparable recent sales.
This home
$243/sqft
Comp median
$241/sqft
Difference
+1%

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
2827 SW 33rd StreetMay 2026$875,0003/33,236$270
2832 SW 17th AvenueJul 2026$759,0004/33,154$241
2301 SW 21st AvenueJul 2026$660,0003/33,164$209
Average3 comps$764,667$240

Market trends, Cape Coral

Median list
$399,000
Median $/sqft
$232
Median sold (90d)
$382,000
Avg days on market
91
Active listings
2,492
Median sold price · Cape Coral
$381,150last 3 months3.6% vs $368,000 prior 3 months
Median closed price by month · Cape Coral
7% MoM1% YoY
$340k$365k$390kJul ’25Sep ’26
$353,500Sep ’26 · 128 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.

The good, the trade-offs & the location

Pros
  • Built 2023 — 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
5.6 mi
Cape Coral Hospital
Beach
10.7 mi
Fort Myers Beach
Airport
9.9 mi
Page Field (Fort Myers)
Shopping
6.4 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.