
Sold Apr 7, 2026
$370,000Don't miss this exceptional opportunity to own a prime waterfront homesite in one of Cape Coral's most desirable boating communities. This direct sailboat Gulf access lot offers no bridges to the Caloosahatchee River and the Gulf of Mexico, making it a true paradise for boating enthusiasts. The seawall is already in place, and the property is connected to city water and sewer, with water, sewer, and irrigation assessments paid in full—a tremendous value for future construction. Enjoy a desirable northern rear exposure, providing beautiful canal views and comfortable outdoor living throughout the year. Located just minutes from the Caloosahatchee River, you'll have quick access to world-class boating, fishing, waterfront dining, and the open waters of the Gulf. Whether you're ready to build your dream waterfront home or looking for an outstanding investment in Southwest Florida, this property offers the perfect combination of location, convenience, and long-term value. Experience the best of Cape Coral's waterfront lifestyle from this exceptional homesite.
Listing last checked: Listing updated:
Listed by Rosy Palermo · Palermo Real Estate LLC · MLS #2026026923
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Explore costs at the $399,000 asking price. Adjust the assumptions to your situation.
Listing annual taxes: $5,294. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA 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.
$399,000 · Jan 30, 2025
$399,900 · Sold $380,000 · Feb 23, 2022
$294,077 · Sold $277,000 · Oct 20, 2021

Sold Apr 7, 2026
$370,000
Sold May 29, 2026
$360,000Continue your search in Cape Coral.
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Request a tour of 2227 SE 27th Terrace and a Bean Group agent will help coordinate an available time with the listing side.
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