4 Bed 2 Bath Pool Waterfront SingleFamilyResidence for Sale in CAPE CORAL, FL
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For SaleMLS# 2026032154

$775,000

4 Bed 2 Bath Pool Waterfront SingleFamilyResidence for Sale in CAPE CORAL, FL

2909 SW 38th Street, Cape Coral, FL, 33914

4 beds2 baths2,204 sqft2 garage
GatedBoatingWaterfront

About this home

Not located in a flood zone, with no flood insurance required—a rare and valuable advantage for a Gulf access home in the highly sought-after Surfside neighborhood. Where else can you find a Gulf access pool home offering this much value? Opportunities like this are incredibly rare.This beautifully maintained, waterfront home perfectly combines modern updates, spacious living, and the Florida lifestyle you’ve been dreaming of. Built in 2005 and offering more than 2,200 square feet of living space, this home provides peace of mind with a new roof (2023), a new A/C system, and complete hurricane protection, including hurricane windows, electric roll-down and accordion shutters on all major openings.  Boating enthusiasts will appreciate the Gulf access canal, expansive captain’s walk with electric service already in place for your future dock or lift, and the fenced backyard that offers both privacy and convenience.  Inside, you’ll find tile flooring throughout, granite countertops in every bathroom, stainless steel appliances, custom blinds, plantation shutters, and four sets of sliding glass doors. A wall of windows fills the home with natural light while showcasing beautiful canal views from the main living areas and the spacious primary suite.  Step outside to your private backyard oasis, where a large under-truss lanai provides plenty of shade overlooking the heated pool—the perfect place to relax, entertain guests, or enjoy Southwest Florida’s year-round sunshine. If you’ve been searching for a move-in-ready Gulf access pool home in one of Cape Coral’s most desirable neighborhoods, offering generous living space, major updates, waterfront boating access, and exceptional value—with the added benefit of no flood insurance requirement—this is the one you’ve been waiting for.

Property details

Type
SingleFamilyResidence
Year built
2005
Interior
2,204 sqft
Lot size
10,672.2 sqft
Acreage
0.24 acres
Garage
2 car
Days on market
0
Total association fees
None
CDD
None
Est. taxes (1.4%)
$10,850/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
Yes
Spa
No
Natural gas
No
Water
Assessment Paid
Sewer
Assessment Paid
New construction
No
Pets
Yes
County
Lee

Maintenance included in the fee

RoadMaintenanceSewerStreetLightsTrashWater

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

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.

Above marketThis home is priced above comparable recent sales.
This home
$352/sqft
Comp median
$320/sqft
Difference
+10%

Based on the $/sqft of 7 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.

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Your notes on this home

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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
3721 Surfside BoulevardJul 2026$715,0003/32,262$316
3009 Beach ParkwayDec 2025$750,0003/22,245$334
2616 SW 41st StreetApr 2026$665,0003/22,028$328
2526 SW 32nd LaneAug 2025$800,0003/32,276$351
2813 SW 31st LaneApr 2026$670,0003/22,331$287
2623 SW 43rd TerraceSep 2025$700,0004/22,365$296
Average6 comps$716,667$319

Market trends — Cape Coral

Median list
$400,000
Median $/sqft
$235
Median sold (90d)
$385,000
Avg days on market
94
Active listings
2,498
Median sold price · Cape Coral
$385,000last 3 months7.2% vs $359,000 prior 3 months
Median closed price by month · Cape Coral
2.6% MoM11.3% YoY
$340k$368k$395kJul ’25Jul ’26
$395,000Jul ’26 · 352 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 2005 — post-2002 Florida wind codes (typically lower insurance)
  • Private pool
  • Waterfront
  • Storm protection: Impact Windows/Doors
  • 2-car garage
Consider
  • In a higher-risk flood zone (AE) — flood insurance likely required
Location convenienceHigh
Hospital
6.6 mi
Cape Coral Hospital
Beach
10.4 mi
Fort Myers Beach
Airport
10.6 mi
Page Field (Fort Myers)
Shopping
7.5 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.