304 SW 3RD PLACE, CAPE CORAL, FL, 33991
Active52 days on marketListed Jun 17, 2026MLS #TB8520593
About this home
304 SW 3RD PLACE
THE ULTIMATE CAPE CORAL DEVELOPER’S DREAM – WATERFRONT CORNER LOT WITH MULTIFAMILY POTENTIAL! Stop looking, you’ve just found the crown jewel of Cape Coral. This prime .39-acre waterfront CORNER LOT is the golden ticket your portfolio has been begging for. Nestled in a rapidly expanding, high-demand pocket where neighboring properties showcase high-density residential zoning up to 10+ units an acre, this parcel is a blank canvas for a lucrative multifamily masterpiece. Picture building luxury units where your tenants wake up to sparkling water views, then step outside to experience the absolute best of Southwest Florida living. Location isn’t just everything here—it’s a goldmine. Your future tenants are walking distance or a short drive from the high-thrill Sun Splash Family Waterpark, premier bowling alleys, basketball courts, and championship miniature golf. It is the ultimate "live, work, play" trifecta that keeps vacancy rates at zero. Whether you build high-end multi-generational rentals or a sleek modern plex, this corner lot commands premium rents and maximum visibility. Waterfront land in Cape Coral is disappearing fast, and a corner tract with this development upside is virtually extinct. Do not wait for someone else to build your dream. Bring your blueprint, secure your future, and dominate the market
Facts & features
The home at a glance
0.36 ac
Lot size
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$2,287 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$2,287/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Where it sits
Inside Cape Coral
Get to know Cape Coral. See the full Cape Coral guide →
CAPE CORAL 33991 — neighborhood snapshot
Population
25,991
Median age
46.5
Median income
$82,927
Median home value
$351,100
Avg household
2.62
Households w/ children
2,614
For the school run
Lee County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Cape Coral market
$375K → $405K
Cape Coral median sold, yr/yr
96.4%
Sale-to-list ratio (12 mo)
Median sold price, Cape Coral, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 1% below the CAPE CORAL 33991 median. See the full Cape Coral market guide →
Paper trail
This home's history
Reality check
What actually sold near 304 SW 3RD PLACE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Dec ’25$260,000
930 SW 34TH STREET · same community
3 bd · 2 ba · 1,182 sqft · $220/sqft · 68 DOM
Sold · Dec ’25$254,000
1714 NE 40TH LANE · same community
3 bd · 2 ba · 1,357 sqft · $187/sqft · 43 DOM
Sold · Mar ’26$298,000
4404 SW 7TH AVENUE · same community
3 bd · 2 ba · 1,359 sqft · $219/sqft · 51 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Angela Rodriguez
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 304 SW 3RD PLACE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 304 SW 3RD PLACE — before you fall in love.
See it in person
Schedule a tour
Live availability from Angela's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
304 SW 3RD PLACE FAQs
What would the monthly payment be for 304 SW 3RD PLACE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $2,287/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 304 SW 3RD PLACE?+
The most recent tax bill on record (2025) was $1,981. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Cape Coral?+
At $310,000, this home is listed about 30% below the Cape Coral median of $441,200. The market section on this page shows how the area is trending.
Which schools are assigned to 304 SW 3RD PLACE?+
Trafalgar Elementary School (elementary), Patriot Elementary School (elementary), Challenger Middle School (middle), Skyline Elementary School (elementary), Cape Coral High School (high), Ida S. Baker High School (high), Mariner Middle School (middle), Mariner High School (high), Hector A. Cafferata Junior Elementary School (elementary), North Fort Myers High School (high) — Lee County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of LAUREN MICHAELS R.E. PARTNERS · Tiffany Novitsky. MLS #TB8520593.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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