Waterfront Home for Sale in Cape Coral, FL, $139,000
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For SaleMLS# 2026018436

$139,000

Waterfront Home for Sale in Cape Coral, FL, $139,000

3821 Gulfstream Parkway, Cape Coral, FL, 33993

beds baths sqft
BoatingWaterfront

About this home

Ideal for individuals looking to enjoy boating and golfing, this property offers a unique and expansive LONG view up the length of the canal. Oversized lot is situated in a rapidly developing area with new construction on gulf access property, it is conveniently located near the Coral Oaks Municipal Golf Course and the new upcoming 7 Islands project. The widening of Burnt Store Road provides quick access to the Punta Gorda Airport, as well as restaurants and businesses along the Pine Island corridor. The historic fishing village of Matlacha is nearby, and the waters and barrier islands in Charlotte Harbour leading out quickly to the Gulf of Mexico ensure a rich cultural and nature-filled lifestyle

Property details

Type
Residential
Year built
Not specified
Interior
Not specified
Lot size
13,111.56 sqft
Acreage
0.30 acres
Garage
None
Days on market
65
Total association fees
None
CDD
None
Est. taxes (1.4%)
$1,946/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
None listed
Exposure
North
Waterfront
Yes
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
None
Sewer
None
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
$399,900
Median $/sqft
$234
Median sold (90d)
$387,250
Avg days on market
94
Active listings
2,501
Median sold price · Cape Coral
$388,250last 3 months8.1% vs $359,000 prior 3 months
Median closed price by month · Cape Coral
22.1% MoM35.2% YoY
$340k$410k$480kJul ’25Aug ’26
$480,000Aug ’26 · 37 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

Aug 6, 2026Back on market
Apr 21, 2026Listed$139,000

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
7.5 mi
Cape Coral Hospital
Beach
17 mi
Sanibel Island
Airport
13.5 mi
Page Field (Fort Myers)
Shopping
7.4 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.