4 Bed Waterfront Home for Sale in Cape Coral
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For SaleMLS# 2026033646

$492,400

4 Bed Waterfront Home for Sale in Cape Coral

3504 SW 8th Street, Cape Coral, FL, 33991

4 beds3 baths2,265 sqft3 garage
Waterfront

About this home

ASK ABOUT INCENTIVES! NEW CONSTRUCTION = Inexpensive Homeowner's insurance with HIGHER ELEVATION + NEW WIND LOAD BUILD CODES + energy efficiency. This home comes Standard with a comprehensive Builder Warranty for 1/2/10 years. Come and see why this is our Top Selling Plan - This is the Perfect 4 bedroom, 3 bathroom, 3 car garage ranch with 2265 sq ft of highly functional space in a gorgeous section of SW Cape with a water view. Large covered front porch, Plank Tile & Granite Throughout, Large 23' x 8' covered rear lanai, HIGH 10' - 11' ceilings, Bright Natural Lighting, a Parade of Homes winner for best feature "Integrated Family Living Space" *MLS Listing Data Subject to Errors & Omissions**Price & Availability Subject to Change*

Property details

Type
SingleFamilyResidence
Year built
2026
Interior
2,265 sqft
Lot size
10,628.64 sqft
Acreage
0.24 acres
Garage
3 car
Days on market
0
Total association fees
None
CDD
None
Est. taxes (1.4%)
$6,894/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
Shutters
Exposure
South
Waterfront
Yes
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

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
$217/sqft
Comp median
$241/sqft
Difference
-10%

Based on the $/sqft of 6 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
3710 SW 4TH LaneMay 2026$495,0004/32,122$233
3725 SW 4th LaneJul 2026$460,0004/22,293$201
3230 SW 4th TerraceMay 2026$400,0003/22,220$180
3206 SW 4th LaneSep 2025$550,0003/22,094$263
3733 SW 1st LaneMay 2026$549,9003/22,207$249
11935 Prince Charles CourtJan 2026$550,0003/22,108$261
Average6 comps$500,817$231

Market trends, Cape Coral

Median list
$399,900
Median $/sqft
$234
Median sold (90d)
$387,000
Avg days on market
94
Active listings
2,506
Median sold price · Cape Coral
$387,250last 3 months7.7% vs $359,500 prior 3 months
Median closed price by month · Cape Coral
18.8% MoM31.5% YoY
$340k$404k$467kJul ’25Aug ’26
$467,000Aug ’26 · 72 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 2026 — post-2002 Florida wind codes (typically lower insurance)
  • Waterfront
  • Storm protection: Shutters
  • 3-car garage
Consider
  • In a higher-risk flood zone (AE) — flood insurance likely required
Location convenienceHigh
Hospital
6.3 mi
Cape Coral Hospital
Beach
14.1 mi
Sanibel Island
Airport
11.9 mi
Page Field (Fort Myers)
Shopping
6.7 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.