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Bean Group
Offered at $450,000Active
beds
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baths
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sq ft
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Built
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2201 SW 28th Terrace

Cape Coral, FL 33914

About this home

Rare opportunity to own an oversized Gulf-access waterfront property in Southwest Cape Coral! This exceptional offering includes a double lot consisting of four parcels, creating an incredible opportunity for homeowners, investors, and boating enthusiasts looking for space, flexibility, and waterfront living. Situated on a wide saltwater canal with Gulf access, this property offers the ultimate Southwest Florida lifestyle. Enjoy approximately a 15-30 minute boat ride to open water, where world-class fishing, island hopping, waterfront dining, and endless days on the water await. Whether you're heading to Sanibel, Captiva, Fort Myers Beach, or simply cruising the local waterways, this location puts some of Southwest Florida's most beautiful destinations right at your fingertips. The oversized property provides ample room to build your dream waterfront estate while still having space for all your toys. Construct a detached RV garage, boat garage, workshop, guest house, or additional storage building—all while maintaining a spacious yard for entertaining, recreation, or creating your own private resort-style oasis. The expansive footprint sets this property apart from typical Cape Coral lots, offering endless possibilities for a custom pool, outdoor kitchen, fire pit, tropical landscaping, and extended outdoor living spaces. Whether you're looking to build a luxury waterfront residence, a seasonal retreat, or an investment property, the flexibility of this unique offering is unmatched. Located in desirable Southwest Cape Coral, you'll enjoy convenient access to shopping, dining, entertainment, marinas, parks, and everything that makes Cape Coral one of Southwest Florida's most sought-after boating communities. Properties offering this much land, Gulf access, and development potential are becoming increasingly rare. Bring your builder, your boat, and your vision. This is your opportunity to create the waterfront lifestyle you've always dreamed of with room to grow, play, and enjoy everything Florida living has to offer.

Listing last checked: Listing updated:

Listed by Chelsea Defina · DomainRealty.com LLC · MLS #2026026016

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Details at a glance

Building1 property facts
Style
Residential
Land & utilities4 property facts
Lot size
0.459 acres
Water
AssessmentPaid
Sewer
AssessmentPaid
Waterfront
Y
Financial3 property facts
Annual taxes
$4,165
Assessment year
2025
HOA fee
$0 (billing period not supplied)

Location

Estimated monthly cost

Explore costs at the $450,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$2,622 / monthAdjust
Principal & interest
$2,275
Property tax
$347
Insurance
Not entered
HOA
$0

Listing annual taxes: $4,165. Initial monthly tax is one twelfth of that amount. Listing HOA fee: $0.

Partial estimate: add insurance to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

Price and status timeline

  1. Sld

    $99,000 · Sold $90,000 · Jul 18, 2013

More property insights

Comparable properties 3 supplied

Sold Jun 3, 2026

$475,000

1939 SE 37th Terrace

Sold May 19, 2026

$410,000

1318 Par View Drive

Sold Jun 1, 2026

$475,000

231 Albatross Street

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About 2201 SW 28th Terrace

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Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

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