Investor Special in Cape Coral! This 3-bedroom, 2-bath home with 1,638 square feet is one of the few available properties offering a true lake view in the area. With solid structure and key systems in working order, it’s the perfect opportunity for a fix and flip or a fix and rent investment.
The ROOF was replaced in 2023, and both the A/C unit and water heater are in good condition. The well system has been upgraded with new components, giving a head start on improvements. Located in a desirable area of Cape Coral, this property offers strong potential for rental income or resale.
Whether you're a seasoned investor or first-time flipper, this handyman special has everything you need to make a smart investment in one of Southwest Florida’s fastest-growing markets.
Schedule your showing today!
Closed
$205,000
1701 NE 28th St, Cape Coral, FL 33909
3beds
1,427sqft
Single Family Residence
Built in 1987
0.28 Acres Lot
$199,900 Zestimate®
$144/sqft
$2,008 Estimated rent
Home value
$199,900
$176,000 - $226,000
$2,008/mo
Zestimate® history
Owner options
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$1,435/mo
Est. payment
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$1,435/mo
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List your homeWhat's special
True lake view
Zillow last checked:
Listing updated:
Listed by:
Mike Darda 239-256-3733,
Compass Florida LLC,
Skirmantas Balciunas 239-244-5876,
Compass Florida LLC
Bought with:
Skirmantas Balciunas, 258031523
Compass Florida LLC
Mike Darda, 252000001
Compass Florida LLC
Source: Florida Gulf Coast MLS,MLS#: 2025003372
Originating MLS: Florida Gulf Coast
Originating MLS: Florida Gulf CoastFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Florida Room
Heating
- Central, Electric
Cooling
- Central Air, Ceiling Fan(s), Electric
Appliances
- Included: Cooktop, Dishwasher, Microwave, Range, Refrigerator, Washer
- Laundry: Washer Hookup, Dryer Hookup, In Garage
Features
- Breakfast Bar, Bedroom on Main Level, Bathtub, Living/Dining Room, Main Level Primary, Pantry, Separate Shower, Vaulted Ceiling(s), Walk-In Closet(s), Split Bedrooms, Florida Room
- Flooring: Carpet, Other, Tile
- Windows: Double Hung, Single Hung, Shutters
Interior area
- Total structure area: 1,767
- Total interior livable area: 1,427 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached, Driveway, Garage, Paved
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Features
- Stories: 1
- Patio & porch: Open, Patio, Porch
- Exterior features: Sprinkler/Irrigation, Patio, Room For Pool
- Has view: Yes
- View description: Landscaped, Lake, Partial Buildings
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake
Lot
- Size: 0.28 Acres
- Dimensions: 80 x 151 x 80 x 151
- Features: Oversized Lot, Sprinklers Automatic
Details
- Parcel number: 294324C402265.0490
- Lease amount: $0
- Zoning description: R1-D
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch,One Story
- Property subtype: Single Family Residence
Materials
- Block, Concrete, Stucco
- Roof: Shingle
Condition
- Resale
- Year built: 1987
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Cable Available, High Speed Internet Available
Community & HOA
Community
- Features: Non-Gated
- Security: None, Smoke Detector(s)
- Condo and coop fee: $0
- Membership fee: $0
- Subdivision: CAPE CORAL
HOA
- Has HOA: No
- Amenities included: None
- Services included: None
Location
- Region: Cape Coral
Financial & listing details
- Price per square foot: $144/sqft
- Tax assessed value: $193,802
- Annual tax amount: $2,323
- Date on market: 8/1/2025
- Cumulative days on market: 26 days
- Listing terms: All Financing Considered,Cash
- Ownership: Single Family
Price history
| Date | Event | Price |
|---|---|---|
| 8/26/2025 | Sold | $205,000-6.8%$144/sqft |
Source:  Florida Gulf Coast MLS #2025003372 Report a problem | ||
| 8/5/2025 | Pending sale | $220,000$154/sqft |
Source: Florida Gulf Coast MLS #2025003372 Report a problem | ||
| 8/1/2025 | Listed for sale | $220,000+27.5%$154/sqft |
Source: Florida Gulf Coast MLS #2025003372 Report a problem | ||
| 11/15/2016 | Sold | $172,500-1.4%$121/sqft |
Source: Florida Gulf Coast MLS #216050399 Report a problem | ||
| 11/4/2016 | Pending sale | $174,900$123/sqft |
Source: Equity Realty #216050399 Report a problem | ||
| 11/1/2016 | Listed for sale | $174,900$123/sqft |
Source: Equity Realty #216050399 Report a problem | ||
| 8/31/2016 | Pending sale | $174,900$123/sqft |
Source: Equity Realty #216050399 Report a problem | ||
| 8/27/2016 | Listed for sale | $174,900$123/sqft |
Source: Equity Realty #216050399 Report a problem | ||
| 8/24/2016 | Pending sale | $174,900$123/sqft |
Source: Equity Realty #216050399 Report a problem | ||
| 8/11/2016 | Listed for sale | $174,900+210.7%$123/sqft |
Source: Equity Realty #216050399 Report a problem | ||
| 10/12/2011 | Sold | $56,300-52.7%$39/sqft |
Source: Public Record Report a problem | ||
| 5/11/2009 | Listing removed | $119,000$83/sqft |
Source: iHOUSEWeb Solutions, Inc #200820610 Report a problem | ||
| 4/26/2009 | Price change | $119,000-25.2%$83/sqft |
Source: iHOUSEWeb Solutions, Inc #200820610 Report a problem | ||
| 12/22/2008 | Price change | $159,000+6.7%$111/sqft |
Source: Assist-2-Sell, Inc. Report a problem | ||
| 12/7/2008 | Price change | $149,000-6.3%$104/sqft |
Source: Assist-2-Sell, Inc. Report a problem | ||
| 11/15/2008 | Price change | $159,000-15.9%$111/sqft |
Source: Assist-2-Sell, Inc. Report a problem | ||
| 8/23/2008 | Price change | $189,000-5%$132/sqft |
Source: Listhub #200820610 Report a problem | ||
| 7/21/2008 | Price change | $199,000-4.8%$139/sqft |
Source: Listhub #200820610 Report a problem | ||
| 7/13/2008 | Price change | $209,000-2.3%$146/sqft |
Source: Listhub #200820610 Report a problem | ||
| 6/10/2008 | Price change | $214,000-4.5%$150/sqft |
Source: Listhub #200820610 Report a problem | ||
| 5/25/2008 | Price change | $224,000-2.2%$157/sqft |
Source: Listhub #200820610 Report a problem | ||
| 4/21/2008 | Listed for sale | $229,000+195.5%$160/sqft |
Source: Listhub #200820610 Report a problem | ||
| 5/17/1999 | Sold | $77,500$54/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,512 +8.1% | $136,569 +2.9% |
| 2024 | $2,323 +5.5% | $132,720 +3% |
| 2023 | $2,203 +9.6% | $128,854 +3% |
| 2022 | $2,010 +1.2% | $125,101 +3% |
| 2021 | $1,987 -0.1% | $121,457 +1.4% |
| 2020 | $1,988 +3.6% | $119,780 +2.3% |
| 2019 | $1,919 | $117,087 +0.7% |
| 2018 | $1,919 -0.2% | $116,257 +2.1% |
| 2017 | $1,922 +1.1% | $113,866 +16.7% |
| 2016 | $1,901 -15.1% | $97,572 +14.9% |
| 2015 | $2,240 +8.5% | $84,902 -4.1% |
| 2014 | $2,065 +4.1% | $88,498 +23.6% |
| 2013 | $1,984 +30.1% | $71,591 +17.2% |
| 2012 | $1,525 +101.5% | $61,102 +9.5% |
| 2011 | $757 -0.2% | $55,825 +16.8% |
| 2010 | $759 -14.5% | $47,775 -19.7% |
| 2009 | $887 -35.2% | $59,520 -64.2% |
| 2007 | $1,369 -0.2% | $166,060 -4.7% |
| 2006 | $1,372 -0.1% | $174,280 +84.4% |
| 2004 | $1,373 +6.7% | $94,520 +10.6% |
| 2003 | $1,287 +1.1% | $85,480 +8.1% |
| 2002 | $1,272 | $79,060 +16.2% |
| 2000 | -- | $68,060 |
Find assessor info on the county website
Neighborhood: 33909
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Nearby schools
GreatSchools rating
- 8/10Diplomat Elementary SchoolGrades: PK-5Distance: 1.4 mi
- 5/10Diplomat Middle SchoolGrades: 6-8Distance: 1.4 mi
- 2/10Island Coast High SchoolGrades: 9-12Distance: 1.8 mi
Schools provided by the listing agent
- Elementary: LEE COUNTY SCHOOLS
- Middle: LEE COUNTY SCHOOLS
- High: LEE COUNTY SCHOOLS
Source: Florida Gulf Coast MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Florida
- Lee County
- Cape Coral
- 33909
- 1701 NE 28th St
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