$410,000
4 Bed SingleFamilyResidence for Sale in Cape Coral
2720 Santa Barbara Boulevard, Cape Coral, FL, 33993
About this home
This property is designed for investors seeking immediate cash flow and long-term appreciation. The smart split bedroom layout maximizes flexibility, allowing for multiple rental strategies. One in suite unit is already leased with a one year term, providing income from day one, while the remaining space functions as a 3 bedroom, 2.5 bath residence ideal for house hacking or additional rental income. Built with durability and low maintenance in mind, the home features 10 foot ceilings, impact resistant windows and doors, an extended lanai, and a modern water treatment system helping reduce future capital expenses. The upgraded kitchen, complete with a large island, cabinet lighting, pass through window, and new stainless steel appliances, enhances tenant appeal and retention. The outdoor kitchen adds an additional entertainment space, increasing rental desirability and overall property value. Bathrooms feature floor to ceiling porcelain tile, tempered glass showers, double vanities, and smart mirrors, offering a modern, high end feel that supports strong rental demand. Investment highlights: Immediate rental income in place Potential to offset or exceed mortgage with rental revenue Flexible layout for long term rental, short term rental, or house hacking Pool permit already in place to increase future ROI and equity. Newer construction with low maintenance and premium finishes This is a rare opportunity to acquire a turnkey, income producing asset with built in upside in one of Southwest Florida’s fastest growing markets. Don’t miss this opportunity schedule your showing today!
Property details
- Type
- SingleFamilyResidence
- Year built
- 2025
- Interior
- 1,778 sqft
- Lot size
- 10,624.284 sqft
- Acreage
- 0.24 acres
- Garage
- 2 car
- Days on market
- 98
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $5,740/yr
- Flood zone (area est.)
- No · Low risk (X)
- Storm protection
- Impact Windows/Doors
- Exposure
- West
- Waterfront
- No
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- No
- Spa
- No
- Natural gas
- No
- Water
- Well
- Sewer
- Septic Tank
- New construction
- Yes
- 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 6 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 |
|---|---|---|---|---|---|
| 107 NW 27TH Lane | Aug 2026 | $348,880 | 4/3 | 1,828 | $191 |
| 2602 NE 1st Place | Jun 2026 | $415,000 | 4/2 | 1,804 | $230 |
| 101 NW 25th Terrace | Aug 2026 | $410,000 | 3/2 | 1,620 | $253 |
| 2221 NE 6th Avenue | Oct 2025 | $378,900 | 3/2 | 1,693 | $224 |
| 2931 NW 3rd Place | Oct 2025 | $353,000 | 3/2 | 1,693 | $209 |
| 2714 NW 3RD Place | Jul 2026 | $349,900 | 4/3 | 1,818 | $192 |
| Average | 6 comps | $375,947 | $217 |
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 $20,000 (4.7%) from the original list price.
| Jul 6, 2026 | Price reducedfrom $430,000 | $410,000 |
| Mar 30, 2026 | Listed | $430,000 |
The good, the trade-offs & the location
- Built 2025 — post-2002 Florida wind codes (typically lower insurance)
- New construction
- Lower flood risk (zone X)
- Storm protection: Impact Windows/Doors
- 2-car garage
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.