4 Bed 3 Bath Waterfront SingleFamilyResidence for Sale in CAPE CORAL, FL
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For SaleMLS# 2026031594

$489,900

4 Bed 3 Bath Waterfront SingleFamilyResidence for Sale in CAPE CORAL, FL

2929 Diplomat Parkway, Cape Coral, FL, 33993

4 beds3 baths2,009 sqft2 garage
GatedBoatingWaterfront

About this home

This stunning 4 bedroom, 3 bath waterfront home boasts over 2000+ square feet of elegance and comfort. The kitchen island overlooks the living area creating an open concept perfect for a quick meal or entertaining. The home is enhanced with beautiful flooring, upscale lighting, custom bath mirrors and an electric fireplace. This property is designed with pure elegance and features sliding glass doors which lead you to a large patio area which is perfect for relaxing with it's beautiful waterfront view. Conveniently located minutes to major roads for an easy commute to shops and dining. Don't delay, make this magnificent home yours !

Property details

Type
SingleFamilyResidence
Year built
2024
Interior
2,009 sqft
Lot size
10,018.8 sqft
Acreage
0.23 acres
Garage
2 car
Days on market
0
Total association fees
None
CDD
None
Est. taxes (1.4%)
$6,859/yr
Flood zone (area est.)
No · Low risk (X)
Storm protection
Impact Windows/Doors
Exposure
Northwest
Waterfront
Yes
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
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.

Below marketThis home is priced below comparable recent sales — a potential value.
This home
$244/sqft
Comp median
$270/sqft
Difference
-10%

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.

AddressSoldSold priceBeds/BathsSq ft$/sqft
1220 NW 30th PlaceOct 2025$560,0003/21,940$289
2817 NW 12th LaneNov 2025$539,9003/22,000$270
2801 NW 15th StreetFeb 2026$485,0004/21,839$264
Average3 comps$528,300$274

Market trends — Cape Coral

Median list
$399,999
Median $/sqft
$234
Median sold (90d)
$385,000
Avg days on market
94
Active listings
2,495
Median sold price · Cape Coral
$384,990last 3 months8.1% vs $356,000 prior 3 months
Median closed price by month · Cape Coral
2.6% MoM11.3% YoY
$340k$368k$395kJul ’25Jul ’26
$395,000Jul ’26 · 336 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 2024 — post-2002 Florida wind codes (typically lower insurance)
  • Lower flood risk (zone X)
  • Waterfront
  • Storm protection: Impact Windows/Doors
  • 2-car garage
Location convenienceHigh
Hospital
6.4 mi
Cape Coral Hospital
Beach
16.5 mi
Fort Myers Beach
Airport
12.4 mi
Page Field (Fort Myers)
Shopping
6.2 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.