Waterfront Home for Sale in Cape Coral
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For SaleMLS# 225084771

$173,900

Waterfront Home for Sale in Cape Coral

2347 NW 36th Place, Cape Coral, FL, 33993

- beds baths sqft
GatedBoatingWaterfront

About this home

***Due to medical reasons, sellers are motivated. Significant price drop.*** READY TO BUILD! Bring your boats! Gulf access living awaits. This recently completely cleared 0.23-acre waterfront lot location offers EASY, one bridge access to the Gulf. The BRAND NEW 80 foot seawall plus NEW dock sit on a wide tranquil canal. With NO HOA fee and surrounded by million dollar plus properties, this waterfront lot provides access to the best of Southwest Florida living all in a quiet, desirable Cape Coral location. Act now before you miss your chance at this slice of paradise!

Property details

Type
Residential
Year built
Not specified
Interior
Not specified
Lot size
9,966.528 sqft
Acreage
0.23 acres
Garage
None
Days on market
220
Total association fees
None
CDD
None
Est. taxes (1.4%)
$2,435/yr
Flood zone (area est.)
No · Low risk (X)
Storm protection
None listed
Exposure
East
Waterfront
Yes
Gulf access
Yes
Gulf access type
Direct — no bridges
Pool
No
Spa
No
Natural gas
No
Water
None
Sewer
Septic Tank
New construction
No
Pets
Not specified
County
Lee

Maintenance included in the fee

Other

What the association dues cover, per the MLS. Confirm the full schedule with the HOA.

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)
$385,000
Avg days on market
92
Active listings
2,478
Median sold price · Cape Coral
$384,999last 3 months7% vs $359,900 prior 3 months
Median closed price by month · Cape Coral
0.5% MoM8.1% YoY
$340k$365k$390kJul ’25Sep ’26
$378,250Sep ’26 · 36 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 $36,000 (17.2%) from the original list price.

Aug 14, 2026Price reducedfrom $174,900$173,900
Jan 6, 2026Listed$209,900

The good, the trade-offs & the location

Pros
  • Lower flood risk (zone X)
  • Gulf access (Direct — no bridges)
Consider
  • No garage listed
Location convenienceHigh
Hospital
7.7 mi
Cape Coral Hospital
Beach
17.9 mi
Fort Myers Beach
Airport
13.7 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.