$489,900
3 Bed Waterfront Home for Sale in Blue Water
182 Shadroe Cove Circle 802, Cape Coral, FL, 33991
About this home
Bluewater Gulf Access Condo with private lift is ready for you! First floor condo offers 2 bedrooms with den that can function as a bedroom or office. This unit includes deeded dock/lift directly out your private lanai. Primary suite provides beautiful water view...walk in closet and en suite with linen closet, soaking tub separate shower and two sinks with vanity. Open kitchen offers granite countertop, stainless steel appliances and snack bar. Community offers gated entry, boardwalk, community pool & spa, clubhouse with exercise room. Watch the tarpon and manatee frolic at the tiki bar while you enjoy a cocktail with friends! New roof in 2024, New AC and impact resistant windows in 2025. Additional hurricane shutters, and attached two car garage and wired for EV charger.
Property details
- Type
- Condominium
- Year built
- 2006
- Interior
- 1,669 sqft
- Lot size
- 5,902.38 sqft
- Acreage
- 0.14 acres
- Garage
- 2 car
- Days on market
- 0
- Total association fees
- $9,660/yr (~$805/mo)
- CDD
- None
- Est. taxes (1.4%)
- $6,859/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- Impact Windows/Doors
- Exposure
- North
- Waterfront
- Yes
- Gulf access
- Yes
- Gulf access type
- Direct — no bridges
- Pool
- No
- Spa
- No
- Natural gas
- No
- Water
- Assessment Paid
- Sewer
- Assessment Paid
- New construction
- No
- Pets
- Call, Conditional
- County
- Lee
Total association fees sums the core association dues the MLS feed provides (HOA, condo/master association, and land lease), normalized to a yearly figure. These are separate from and additional to specialty charges, mandatory club or food-and-beverage minimums, special assessments, and rec-lease fees, which the IDX feed does not carry. Always confirm the full fee schedule with the HOA or listing agent.
Maintenance included in the fee
What the association dues cover, per the MLS. Confirm the full schedule with the HOA.
Amenities
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 14 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 |
|---|---|---|---|---|---|
| 3318 SW 2nd Street | Feb 2026 | $530,000 | 3/2 | 1,703 | $311 |
| 3311 NW 2nd Street | Jan 2026 | $592,000 | 4/2 | 1,806 | $328 |
| 338 SW 28th Avenue | Aug 2026 | $445,000 | 4/2 | 1,696 | $262 |
| 408 SW 28th Avenue | Mar 2026 | $489,900 | 3/2 | 1,850 | $265 |
| 428 SW 28th Place | Sep 2025 | $510,000 | 4/2 | 1,808 | $282 |
| 2856 NW 3rd Terrace | Oct 2025 | $399,900 | 4/2 | 1,735 | $230 |
| Average | 6 comps | $494,467 | $280 |
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
- Built 2006 — post-2002 Florida wind codes (typically lower insurance)
- Gulf access (Direct — no bridges)
- Storm protection: Impact Windows/Doors
- 2-car garage
- In a higher-risk flood zone (AE) — flood insurance likely required
- Higher association fees (~$9,660/yr)
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.