4 Bed Condominium for Sale in Cape Coral
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For SaleMLS# 2026003509

$460,000

4 Bed Condominium for Sale in Cape Coral

2828 Santa Barbara Boulevard, Cape Coral, FL, 33914

4 beds3.5 baths2,406 sqft

About this home

Live, Work, and Earn All Under One Roof! Discover a rare opportunity to own a mixed-use duplex in Cape Coral that blends business, lifestyle, and investment in one perfect package. Zoned MR (Marketplace Residential), this property offers incredible flexibility ideal for owner-operators, investors, or entrepreneurs seeking a live/work setup. Currently operating as a successful pet grooming and daycare business, one side features a fully equipped, turn-key commercial space complete with all grooming equipment, fixtures, and even the client list! The other side is a comfortable residential unit, perfect for living on-site or renting out for additional income. With the MR zoning, the possibilities are wide open! Some permitted uses include: Dog Grooming or Pet Daycare Veterinary Clinic Single-Family Residence or Duplex Daycare Home or Facility Police or Fire Department Offices Work-from-Home Residence Whether you want to continue the thriving pet grooming business, open your own venture, or simply enjoy the benefits of a multi-use investment property this location offers endless potential. The property provides excellent visibility, convenient parking, and a welcoming layout for both customers and residents alike. It’s the perfect blend of function, flexibility, and Florida lifestyle. Nestled in a prime Cape Coral area surrounded by residential neighborhoods and small local businesses, this property combines neighborhood charm with commercial opportunity a rare find in today’s market. Own a property that works as hard as you do. Live here, work here, and let your investment pay for itself.

Property details

Type
Condominium
Year built
1983
Interior
2,406 sqft
Lot size
10,018.8 sqft
Acreage
0.23 acres
Garage
None
Days on market
111
Total association fees
None
CDD
None
Est. taxes (1.4%)
$6,440/yr
Flood zone (area est.)
No · Low risk (X)
Storm protection
None listed
Exposure
West
Waterfront
No
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
Public
Sewer
Public Sewer
New construction
No
Pets
Yes
County
Lee

Maintenance included in the fee

Other

What the association dues cover, per the MLS. Confirm the full schedule with the HOA.

Amenities

Other

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
$191/sqft
Comp median
$190/sqft
Difference
+1%

Based on the $/sqft of 13 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
3017 SW 2nd PlaceSep 2025$440,0003/32,307$191
3208 SW 1st PlaceApr 2026$524,9004/32,225$236
2705 SW 4th AvenueApr 2026$469,9004/32,206$213
326 SW 31st StreetSep 2025$385,0004/22,470$156
3412 SW 1st AvenueApr 2026$370,0003/22,281$162
2503 Aviation ParkwayAug 2026$449,0003/22,359$190
Average6 comps$439,800$191

Market trends, Cape Coral

Median list
$399,000
Median $/sqft
$232
Median sold (90d)
$385,000
Avg days on market
94
Active listings
2,481
Median sold price · Cape Coral
$385,000last 3 months7.2% vs $359,000 prior 3 months
Median closed price by month · Cape Coral
1.3% MoM8.4% YoY
$340k$365k$390kJul ’25Aug ’26
$384,750Aug ’26 · 413 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.

Price & status history

Down $115,000 (20%) from the original list price.

May 7, 2026Price reducedfrom $500,000$460,000
Jan 20, 2026Listed$575,000

The good, the trade-offs & the location

Pros
  • Lower flood risk (zone X)
Consider
  • Built 1983 — pre-2002 construction may carry older wind codes and higher insurance
  • No garage listed
Location convenienceHigh
Hospital
3 mi
Cape Coral Hospital
Beach
10.2 mi
Fort Myers Beach
Airport
6.9 mi
Page Field (Fort Myers)
Shopping
4.2 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.