Upcoming open house
Sun, Oct 18 · 12:00 PM–2:00 PM
Arrive prepared. Get the October 2026 Cape Coral Bean Group Buyer’s Guide before you tour.
About this home
Positioned on a quiet cul-de-sac in the prestigious Peninsula Pointe neighborhood near Cape Harbor, this extraordinary waterfront estate sits directly on the wide SPREADER CANAL — one of Southwest Cape Coral’s most coveted deep-water addresses, offering true DIRECT GULF ACCESS for vessels of all sizes. With 80 feet of prime water frontage, a 10,000 lb. BOAT LIFT deep-water mooring for larger vessels, and a kayak launch, this property is a boater’s dream from day one. Every evening, watch the sun sink behind the protected mangrove preserve directly across the canal — private, unobstructed, and unforgettable. Dolphins and manatees are daily visitors. This is not a lifestyle you can manufacture — it’s one you have to find. The Home — 3,744 Sq Ft of Coastal Luxury This custom two-story concrete block residence (solid construction on both levels) delivers 4 bedrooms, 4 full baths, and sweeping water views from virtually every room. At 3,744 sq ft, there’s room for everyone — and then some. • Soaring ceilings and open-concept living with pocketing sliders that open to the water • Florida coral stone tile floors * Indoor Sauna • Chef’s kitchen — SubZero refrigeration, Viking gas cooktop, double Miele ovens, granite counters and custom cabinetry • Main-level bonus room with full bath — ideal as a 4th bedroom, office, or private guest suite • Upper-level master suite with sweeping canal views, exercise room, and dry sauna • Two additional guest bedrooms, each with private full bath Resort-Style Outdoor Living The 15’ x 41’ pebble-finish pool with rock waterfalls, heated spa, and expansive stone deck. Lush tropical landscaping with professional uplighting, electric hurricane shutters, and a circular paver driveway with fountain sculpture complete the picture. Income-Producing. Multi-Generational. Move-In Ready. With a proven vacation rental track record, this property performs as well as it lives. Whether you’re envisioning a multi-generational retreat where families can enjoy plenty of space comfortably, a high-income short-term rental investment, or your own piece of Southwest Florida paradise — this home delivers on all counts. Offered fully turnkey. Bring your boat, your family, and your sunset glass.
Listing last checked: Listing updated:
Listed by Mike Darda · Compass Florida LLC · MLS #2026020578
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Details at a glance
Interior3 property facts
- Heating
- Central, Electric
- Cooling
- Central Air, Ceiling Fan(s), Electric
- Flooring
- Carpet, Tile
Building4 property facts
- Style
- Single Family Residence
- Year built
- 1995
- Garage
- 2
- Roof
- Tile
Land & utilities4 property facts
- Lot size
- 0.23 acres
- Water
- Public
- Sewer
- Public Sewer
- Waterfront
- Y
Financial3 property facts
- Annual taxes
- $15,881
- Assessment year
- 2025
- HOA fee
- $0 (billing period not supplied)
Location
Estimated monthly cost
Explore costs at the $1,775,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$10,299 / monthAdjust
- Principal & interest
- $8,975
- Property tax
- $1,323
- Insurance
- Not entered
- HOA
- $0
Listing annual taxes: $15,881. 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
- Ter
$1,950,000 · Jul 23, 2025
- Sld
$869,000 · Sold $845,000 · Oct 19, 2012
- Sld
$649,900 · Sold $630,000 · Aug 30, 2000
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About 5312 SW 28th Place
Can I request a private showing?
Request a tour of 5312 SW 28th Place and a Bean Group agent will help coordinate an available time with the listing side.
Can you help me evaluate this property?
Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.
Are property documents available?
Availability varies by property and source. Request the documents you need and we will help obtain what is available.

