Waterfront Home for Sale in Cape Coral
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For SaleMLS# 2025007440

$1,089,000

Waterfront Home for Sale in Cape Coral

2208 SE 27th Street, Cape Coral, FL, 33904

- beds baths sqft
GatedBoatingWaterfront

About this home

Motivated Sellers — Rare Gold Coast Direct Gulf Access Triple Lot with Major Waterfront Improvements Already in Place A rare opportunity in Cape Coral’s prestigious Gold Coast, this oversized direct Gulf access triple lot offers the boating lifestyle buyers are looking for — with the expensive waterfront infrastructure already completed. Set on a wide intersecting canal with approximately 135 feet of waterfront, this premier homesite features no bridges, true sailboat access, and a highly desirable Southeast Cape Coral location. What truly sets this property apart is what is already in place. The sellers have completed a brand-new seawall, and the waterfront is equipped with two brand-new docks, a 30,000-pound boat lift, a 16,000-pound boat lift, a double jet ski or kayak lift, and two tiki huts. Water and electric are already available at the dock, creating an impressive private waterfront setting from day one. With approximately 0.354 acres of prime land, this triple lot offers the space and presence to design a custom luxury waterfront estate that fully captures the expansive canal views, sunset skies, and exceptional boating access. Public utility assessments are in and paid, adding further value and convenience for the next owner. Opportunities to secure a direct Gulf access triple lot with no bridges, a new seawall, boat lifts, docks, tiki huts, and approximately 135 feet of waterfront are increasingly limited in Cape Coral’s Gold Coast. The sellers are motivated and ready for the next owner to bring their vision to life in one of Southwest Florida’s most sought-after boating communities.

Property details

Type
Residential
Year built
Not specified
Interior
Not specified
Lot size
15,420.24 sqft
Acreage
0.35 acres
Garage
None
Days on market
368
Total association fees
None
CDD
None
Est. taxes (1.4%)
$15,246/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
None listed
Exposure
West
Waterfront
Yes
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
Assessment Paid
Sewer
Assessment Paid
New construction
No
Pets
Not specified
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.

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Market trends, Cape Coral

Median list
$399,000
Median $/sqft
$233
Median sold (90d)
$384,999
Avg days on market
92
Active listings
2,465
Median sold price · Cape Coral
$384,990last 3 months7.2% vs $359,000 prior 3 months
Median closed price by month · Cape Coral
4.6% MoM3.6% YoY
$340k$365k$390kJul ’25Sep ’26
$362,495Sep ’26 · 28 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.

Price & status history

Down $11,000 (1%) from the original list price.

Sep 3, 2026Back on market
Mar 18, 2026Price reducedfrom $1,099,000$1,089,000
Aug 29, 2025Listed$1,100,000

The good, the trade-offs & the location

Pros
  • Waterfront
Consider
  • In a higher-risk flood zone (AE) — flood insurance likely required
  • No garage listed
Location convenienceHigh
Hospital
2.4 mi
Cape Coral Hospital
Beach
10.5 mi
Fort Myers Beach
Airport
4.1 mi
Page Field (Fort Myers)
Shopping
3.4 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.