Price reducedMLS® A12094454

$695,000

↓ Price reduced $34,900 on Oct 28, 2026

3405 SE 16th Place, Cape Coral, FL 33904

Beds: 3
Baths: 2
Sqft: 1,795

Est. payment$4,764/mo

Home type: Single Family Residence
Year built: 1979
Lot size: 14,810 sqft
Price / sqft: $387
HOA: $0/mo
Community: PALACO GRANDE

Property description

Boaters and entertainers look no further! This stunning Palaco Grande estate delivers a breathtaking waterfront view and the ultimate open-concept kitchen layout, flowing seamlessly into your living space and out to an expansive outdoor paradise. Situated on a rare triple lot with 120 feet of private seawall, this deep-water canal offers direct Gulf access with zero bridges, giving you the freedom to park and service your sailboat, yacht, or large boat right at your private dock with built-in water and electricity. Inside, the meticulously updated 3-bedroom, 2-bathroom home features a brilliant kitchen pass-through window that opens directly to a massive 40-foot shaded terrace, a screened-in lanai, and a custom color-changing Gunite pool. Complete with a 2023 roof, automated night-scaped landscaping, no flood insurance required, and no mandatory HOA. This home is the absolute pinnacle of Florida luxury and entertainment.

Listing activity

Days on market: 34
Listed: Sep 23, 2026
MLS listing updated: Oct 28, 2026
Feed last checked: 6 minutes ago

Listed by Linda C Zabielinski · HomeSmart

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Bathrooms (decimal): 2
Full bathrooms: 2

Rooms & features

Rooms: 1
Interior features: Bedroom Layout - Split, Pull Down Stairs, Walk-In Closet(s)
Appliances: Electric Water Heater, Dishwasher, Dryer, Microwave, Refrigerator, Washer
Furnished: Partially

Heating & cooling

Heating: Central
Cooling: Ceiling Fan(s), Central Air

Property

Parking

Garage spaces: 2
Garage: Yes
Covered spaces: 2
Parking features: Attached, Attached Garage, Driveway, Garage, Garage Door Opener
Attached garage: Yes

Exterior

Stories: 1
Entry level: 1
Patio & porch: Porch - Screened, Porch, Patio, Deck
Exterior features: Lighting
Pool: Yes
Pool features: In Ground, Screen Enclosure
View: Canal, Pool
Waterfront: Canal Front
Waterfront property: Yes

Lot

Lot size: 14,810 sqft
Lot size (acres): 0.34 acres
Zoning: R1-W
Road surface: Paved

Construction

Type & style

Home type: Single Family Residence
Year built: 1979
New construction: No

Materials

Construction: Block
Roof: Shingle
Property condition: Resale
Levels: One
Faces: Southeast

Utilities & green energy

Utilities

Sewer: Public Sewer
Water: Public
Utilities: Cable Available

Community & HOA

Community

Subdivision: PALACO GRANDE
MLS area: 5940 - Other Florida County
MLS subarea: NTPK - N Broward Dixie Hwy To Turnpike (3411-3432;3531)
Security: Smoke Detector(s)
Pets allowed: Yes
55+ community: No

Association

Has association: Yes
Estimated monthly dues: $0
Amenities: None

Lease details

Not reported by the listing source.

Location

Area details

City: Cape Coral
County: Lee
ZIP code: 33904

Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number: A12094454
Possession: Negotiable
Original list price: $729,900
Parcel number: 054524C1005740500
Annual property tax: $9,712
Tax year: 2025
Tax legal description: CAPE CORAL UNIT 12 BLK.574 PB 13 PG 54 LOTS 50 THRU 52

Additional MLS details

Reported by the listing source

Association Amenities: None
Association: Yes
Bathrooms Total Decimal: 2
Bathrooms Total Integer: 2
Construction Materials: Block
County Or Parish: Lee
Days On Market: 34
Direction Faces: Southeast
List Price: 695000
Listing Contract Date: 2026-09-23
Living Area: 1795
Lot Size Acres: 0.34
Lot Size Area: 15000
MLSArea Major: 5940 - Other Florida County
MLSArea Minor: NTPK - N Broward Dixie Hwy To Turnpike (3411-3432;3531)
Mls Status: Active
On Market Date: 2026-09-23
Patio And Porch Features: Porch - Screened, Porch, Patio, Deck
Photos Count: 47
Postal Code: 33904
Price Change Timestamp: 2026-10-28T03:57:03Z
Property Sub Type: Single Family Residence
Property Type: Residential
Road Surface Type: Paved
Rooms Total: 1
Security Features: Smoke Detector(s)
Senior Community: No
Standard Status: Active
State Or Province: FL
Status Change Timestamp: 2026-09-23T04:00:00Z
Stories Total: 1
Subdivision Name: PALACO GRANDE
Water Source: Public
Waterfront Features: Canal Front
Tax Annual Amount: 9712
Bathrooms Full: 2
Pool Private: Yes
Bedrooms Total: 3

Market value

Automated estimate—No licensed valuation source connected

Estimated sales range—Ask Karim for a local market analysis

Estimated rent—No licensed rental valuation source connected

Price history

Date	Event	Price
Sep 23, 2026	ListedMIAMI REALTORS® MLS	$729,900$407/sqft
Oct 28, 2026	Price reducedMIAMI REALTORS® MLS	$695,000$387/sqft

Public tax history

Year	Property taxes	Assessment
2025	$9,712	—

Payment calculator

Estimated monthly payment$4,764/moIllustrative estimate, not a loan offer.

Loan typeDown payment (%)Interest rate assumption (%)Loan termInsurance / month

Principal & interest: $3,606
Property taxes: $809
Insurance: $348
Association dues: $0

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

PALACO GRANDE

Cape Coral · Lee County · 33904

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Not reported by the listing source.

School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

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