$500,000
3 Bed Waterfront Home for Sale in Cape Coral
3728 Yucatan Parkway, Cape Coral, FL, 33993
About this home
New Price! This Gulf access home in Northwest Cape Coral is now the most affordable home on the market that was built after 2022. Offered turnkey furnished, this three-bedroom, two-bath home sits on a south-facing lot with water views that make every morning feel like vacation. A dimensioned drawing and quote are already in hand for a 10,000 pound boat lift, giving boaters a real head start on making this waterfront property their own. There is also plenty of room to add a pool, so you can build the exact waterfront setup you have been picturing. Inside, vaulted ceilings, tile floors throughout, crisp white cabinetry, and stainless steel appliances create a space that feels both fresh and easy to live in. The open layout flows naturally from room to room, and soft-close drawers add a small touch of quality you notice over time. The primary suite is a true retreat, overlooking the water with dual vanities and a walk-in shower complete with a rainfall showerhead. It is the kind of bathroom that turns an ordinary morning into something a little more spa like. Here is what really sets this home apart. The garage is air conditioned, finished with epoxy flooring, and currently set up as a full hangout zone with a TV area and ping pong table. Game room, home gym, man cave, or overflow entertaining space, the choice is yours. Sink into the hot tub and soak up the Florida lifestyle any day of the year. Tucked just off Burnt Store Road, you are minutes from Pine Island Road, everyday shopping and dining, and the highly anticipated Seven Islands waterfront development. Whether this becomes your full-time residence, your seasonal Florida escape, an investment property, or a Gulf access home you customize over time, this price makes it possible.
Property details
- Type
- SingleFamilyResidence
- Year built
- 2022
- Interior
- 1,611 sqft
- Lot size
- 10,323.72 sqft
- Acreage
- 0.24 acres
- Garage
- 2 car
- Days on market
- 66
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $7,000/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- Shutters
- Exposure
- South
- Waterfront
- Yes
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- No
- Spa
- Yes
- 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 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.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 817 NW 38th Place | Aug 2026 | $445,000 | 3/2 | 1,810 | $246 |
| 3405 NW 8th Terrace | May 2026 | $452,000 | 3/2 | 1,810 | $250 |
| 3007 NW 10th Street | Oct 2025 | $510,000 | 4/3 | 1,735 | $294 |
| Average | 3 comps | $469,000 | $263 |
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 $35,000 (6.5%) from the original list price.
| Aug 24, 2026 | Price reducedfrom $525,000 | $500,000 |
| Jun 19, 2026 | Listed | $535,000 |
The good, the trade-offs & the location
- Built 2022 — post-2002 Florida wind codes (typically lower insurance)
- Waterfront
- Storm protection: Shutters
- 2-car garage
- In a higher-risk flood zone (AE) — flood insurance likely required
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.