Waterfront Home for Sale in Cape Coral
1 / 5
▶ View Virtual Tour
For SaleMLS# 2026029076

$347,007

Waterfront Home for Sale in Cape Coral

2551 SW 27th Avenue, Cape Coral, FL, 33914

- beds baths sqft
GatedBoatingWaterfront

About this home

LOWEST PRICED NO BRIDGES DIRECT SAILBOAT ACCESS LOT IN ALL of SW and SE CAPE. Opportunities like this don’t sit around. Exceptional GULF-ACCESS homesite located on the west side of Surfside Blvd in highly desirable Southwest Cape Coral — straight out to open water with zero obstructions. This OVERSIZED 10,890 sq. ft. lot (vs. the typical 10,018 sq. ft.) offers Gulf-access canal frontage on a 160-FOOT-WIDE CANAL, making it ideal for a large yacht or sailboat. With 113 feet of road frontage — significantly wider than standard lots — there’s room to build a larger home and expanded garage. A newer SEAWALL installed in 2022 is already in place, saving you time, money, and hassle. Enjoy effortless boating via the South Spreader with nearby protected mangroves just half a mile away — separating Matlacha Pass — offering incredible fishing, kayaking, and wildlife. Tucked just off the beaten path, yet close to everything: • Bike paths, shopping, and dining • Quick access to Lee Health Medical Center • Minutes to the vibrant, artsy island of Matlacha • 7 minutes to Jim Jeffers Park (tennis, baseball, soccer, basketball, playground) • 8 minutes to Sirenia Vista Park — kayak launches and frequent manatee sightings Positioned near major future growth, including the Seven Islands Project and The Grove, adding long-term upside to an already premium location. City water, sewer, and irrigation are already in place — fully build-ready. If you’ve been waiting for a true Gulf-access lot with no bridges, wide water views, newer surrounding homes, and big-boat capability… this is it.

Property details

Type
Residential
Year built
Not specified
Interior
Not specified
Lot size
10,977.12 sqft
Acreage
0.25 acres
Garage
None
Days on market
0
Total association fees
None
CDD
None
Est. taxes (1.4%)
$4,858/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
None listed
Exposure
Northeast
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
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.

Seeing several homes? Build a tour and we'll route it for you.

Your notes on this home

Keep private notes on this home, what you love, what to ask about, saved to your account and shared with your agent.

Market trends, Cape Coral

Median list
$399,000
Median $/sqft
$233
Median sold (90d)
$385,000
Avg days on market
94
Active listings
2,460
Median sold price · Cape Coral
$385,000last 3 months7.2% vs $359,000 prior 3 months
Median closed price by month · Cape Coral
2.6% MoM7% YoY
$340k$365k$390kJul ’25Aug ’26
$380,000Aug ’26 · 444 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
  • Waterfront
Consider
  • In a higher-risk flood zone (AE) — flood insurance likely required
  • No garage listed
Location convenienceHigh
Hospital
5.7 mi
Cape Coral Hospital
Beach
11.5 mi
Fort Myers Beach
Airport
10.3 mi
Page Field (Fort Myers)
Shopping
6.4 mi
Coralwood / Merchants Crossing (Cape)

Straight-line distances to major SWFL amenities, approximate; actual drive times vary.

Loading map…

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.