
4408 SW 28TH PLACE, CAPE CORAL, FL, 33914
Active2 days on marketListed Sep 18, 2026MLS #TB8549993
About this home
4408 SW 28TH PLACE
MODERN WATERFRONT LUXURY ON THE SOUTH SPREADER CANAL WITH SAILBOAT GULF ACCESS, NO BRIDGES AND SWEEPING SUNSET VIEWS! Built in 2016 and located in desirable Sands Estates (no HOA or restrictions), this exceptional residence sits in one of the most sought after waterfront locations in Southwest Florida, offering an incredible combination of privacy, boating access, luxury and lifestyle. From the moment you enter, soaring ceilings, modern architectural details, and walls of glass create a bright, sophisticated interior designed around the water, while hurricane impact doors and windows add peace of mind. The open living area flows seamlessly into a striking kitchen featuring an oversized island, abundant cabinetry, granite countertops, high end Bosch Appliances, and generous seating, while built-in illuminated bar creates another impressive space for entertaining. Integrated Sonos speakers and surround sound in every room provide a seamless whole house audio experience. Home features two spacious primary suites, each with 90 Degree sliding glass doors, equally beautifully appointed bathrooms and direct access to the pool and waterfront, allowing you to step outside and enjoy the view from either suite. A dedicated office area, additional guest accommodations and a three car garage add flexibility and function without sacrificing the clean contemporary design. The outdoor living space is truly the centerpiece of the home, with expansive disappearing glass doors opening to an enormous screened lanai and panoramic picture window screens giving unobstructed views across the South Spreader Canal and protected mangrove backdrop. The resort style heated saltwater pool features an infinity edge overlooking the water, integrated spa, sun shelf, dramatic water features and multiple areas for lounging and entertaining. A full outdoor kitchen with generous prep space and unique seating and dining makes the lanai feel like a true extension of the home. Beyond the pool, a large private dock offers sailboat Gulf access with no bridges, making this an ideal property for serious boaters. The protected mangroves across the canal provide a peaceful backdrop with no homes directly behind you, while unforgettable sunsets reflect across the water and pool each evening. Located just minutes from Cape Harbour and within walking distance to Sands Park, this home places dining, shopping, recreation and some of Cape Coral’s most desirable waterfront destinations close at hand. This is a rare opportunity to own a newer built contemporary waterfront estate in one of Southwest Florida’s premier boating locations. Schedule your private showing and experience the South Spreader lifestyle for yourself.
Facts & features
The home at a glance
3
Bedrooms
3.5
Bathrooms
2,943
Sqft
0.24 ac
Lot size
3
Garage
2016
Year built
One
Levels
$714
Per sqft
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.
$13,956 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
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
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$13,956/mo
Includes estimated PMI — it drops off once you reach 20% equity. 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.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs CAPE CORAL
$714 vs $245
Days on market
2 vs 34 typical
Where $714/sqft sits among the 154 homes for sale in CAPE CORAL
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Cape Coral
Get to know Cape Coral. See the full Cape Coral guide →
CAPE CORAL 33914 — neighborhood snapshot
Population
44,439
Median age
54.7
Median income
$75,557
Median home value
$408,800
Avg household
2.46
Households w/ children
3,094
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
96.5%
Sale-to-list ratio (12 mo)
78 of 154
CAPE CORAL have cut their price
Median sold price, Cape Coral, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 377% above the CAPE CORAL 33914 median. See the full Cape Coral market guide →
Paper trail
This home's history
Reality check
What actually sold near 4408 SW 28TH 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$1,050,000
2526 SW 25TH AVENUE · same community
4 bd · 3 ba · 2,611 sqft · $402/sqft · 24 DOM
Sold · Dec ’25$418,000
239 SW 24TH PLACE · same community
4 bd · 3 ba · 2,306 sqft · $181/sqft · 44 DOM
Sold · Nov ’25$1,150,000
5320 SW 3RD AVENUE · same community
3 bd · 3 ba · 2,244 sqft · $512/sqft · 29 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
Shawn Headley
Realtor · CENTURY 21 Edge
Tours, negotiation, and every question about 4408 SW 28TH PLACE — start here.

Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 4408 SW 28TH PLACE — before you fall in love.
See it in person
Schedule a tour
Live availability from Shawn's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
4408 SW 28TH PLACE FAQs
What would the monthly payment be for 4408 SW 28TH PLACE?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $13,956/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 4408 SW 28TH PLACE?+
The most recent tax bill on record (2025) was $20,128. 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 $2,100,000, this home is listed about 394% above the Cape Coral median of $425,000. The market section on this page shows how the area is trending.
Which schools are assigned to 4408 SW 28TH PLACE?+
Cape Elementary School (elementary), Pelican Elementary School (elementary), Gulf Middle School (middle), Gulf Elementary School (elementary), Ida S. Baker High School (high), Cape Coral High School (high), Trafalgar Middle School (middle), Mariner High School (high), North Fort Myers High School (high) — Lee County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Positioned at the premium end
$2,100,000 runs 377% above the CAPE CORAL 33914 median — but at 2,943 sqft it's also 61% larger than the typical Cape Coral listing.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Fresh on the market
Only 2 days on market in a Cape Coral market that averages 34 — if it fits, move quickly.
04Strong assigned schools
Cape Elementary School, Pelican Elementary School, Gulf Middle School, Gulf Elementary School, Ida S. Baker High School, Cape Coral High School, Trafalgar Middle School, Mariner High School, North Fort Myers High School — Gulf Elementary School rates 4 of 5. Always verify assignments with the district.
Keep looking
Similar homes nearby
Listing courtesy of THE KEYES COMPANY · Jeffrey Miloff. MLS #TB8549993.
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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