$850,000
4 Bed 3 Bath Pool Waterfront SingleFamilyResidence for Sale in CAPE CORAL, FL
3301 SW 28th Avenue, Cape Coral, FL, 33914
About this home
Coconut Key – Prime Waterfront Living in Cape Coral Welcome to Coconut Key, a well-established and highly successful vacation rental property located in one of Cape Coral’s most desirable waterfront neighborhoods. Spacious & Comfortable – With over 2,700 sq ft of living space, this home offers plenty of room to relax, entertain, or host guests. The open floor plan, generous bedrooms, and multiple living areas make it ideal for families and vacationers alike. Fully Updated with 2023 Metal Roof – The home features a brand-new metal roof (installed in 2023), offering durability, storm protection, and timeless curb appeal. This major upgrade adds value and peace of mind for years to come. Vacation Rental – Coconut Key has a strong track record as a top-performing rental home and is ready for its next investor or private owner. Whether you're looking to continue the vacation rental success or make it your personal paradise, the furniture is negotiable for a smooth transition. Game On! – Guests and owners alike love the billiard table and ping pong setup, adding a fun and relaxed Florida lifestyle touch. Boater's Dream – Enjoy a large dock with a full Captain’s Walk, providing direct water access and plenty of space for sunbathing, fishing, or simply taking in the views. This is your opportunity to own a proven performer in the Cape Coral market – a blend of investment potential, personal enjoyment, and waterfront luxury. Don’t miss out – inquire today about Coconut Key.
Property details
- Type
- SingleFamilyResidence
- Year built
- 2002
- Interior
- 2,701 sqft
- Lot size
- 25,700.4 sqft
- Acreage
- 0.59 acres
- Garage
- 3 car
- Days on market
- 293
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $11,900/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- None listed
- Exposure
- East
- Waterfront
- Yes
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- Yes
- Spa
- Yes
- Natural gas
- No
- Water
- Assessment Paid
- Sewer
- Assessment Paid
- New construction
- No
- Pets
- Yes
- County
- Lee
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 9 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.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 2801 SW 33rd Street | Jun 2026 | $840,000 | 3/3 | 2,751 | $305 |
| 2639 SW 29th Avenue | Aug 2025 | $850,000 | 3/3 | 2,531 | $336 |
| 2016 SW 28th Lane | Oct 2025 | $655,000 | 3/2 | 2,596 | $252 |
| 4405 Danny Avenue | Feb 2026 | $735,000 | 3/3 | 2,555 | $288 |
| 2333 SW 21st Avenue | Mar 2026 | $780,000 | 4/3 | 2,763 | $282 |
| 4418 SW 25th Place | Jul 2026 | $955,000 | 4/3 | 2,818 | $339 |
| Average | 6 comps | $802,500 | $300 |
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 $260,000 (23.9%) from the original list price.
| Apr 8, 2026 | Sold | $830,000 |
| Feb 23, 2026 | Price reducedfrom $899,000 | $850,000 |
| May 15, 2025 | Listed | $1,090,000 |
The good, the trade-offs & the location
- Built 2002 — post-2002 Florida wind codes (typically lower insurance)
- Private pool
- Waterfront
- 3-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.