$595,000
$15K PRICE DROP

178 Shadroe Cove Cir Unit 903 Cape Coral, FL 33991

Burnt Store Neighborhood

Estimated payment $4,525/month

Total Views 1,357
3 Beds
2.5 Baths
2,224 Sq Ft
$268 Price per Sq Ft

Highlights

  • Lake Front
  • Fitness Center
  • Gated Community
  • Boat Dock
  • Senior Community
  • Canal Access

About This Home

Welcome to your private sanctuary in the sought-after Blue Water Coach Home gated community. This elegant 3-bedroom plus den (with closet and doors—can be used as a 4th bedroom) and 3-bathroom second-floor condo offers over 2,200 square feet of beautifully designed living space, complete with a 2-car attached garage and brick paver driveway, all nestled within an 8-acre waterfront oasis. This is the desirable Bertram floor plan—the largest in the community.

The building has been recently upgraded with new impact windows, new roof, and new gutters, giving you peace of mind for years to come.

This particular unit boasts special features you won’t find in many others, as it was the original model home. Enjoy beautiful hardwood stairs, recessed shelving for showcasing coastal art along the stairway, and a larger wet bar than standard—perfect for entertaining guests in style.

Enjoy direct Gulf access from your private deeded dock with 10,000 lb boat lift, plus water and electric at the dock—perfect for boaters. Within minutes, you can be out to Matlacha Pass and on your way to explore the neighboring islands of Cayo Costa, Sanibel, or cruise to Cabbage Key for lunch with friends. These waters are home to some of the best fishing in all of Southwest Florida, with frequent sightings of dolphins, manatees, and tarpon right from your lanai.

Inside, the thoughtfully designed split floorplan includes a formal dining room, breakfast nook, bar seating, and a wet bar in the great room—ideal for entertaining. The primary suite features stunning water views, a spa-like en suite bath with separate tub and shower, and private slider access to the screened balcony.

High-end finishes abound—tray ceilings, granite countertops, and tile flooring throughout. Additional conveniences include a dedicated laundry room with large storage closet, and a separate walk-in pantry just outside the kitchen for extra storage. This pet-friendly community welcomes you and your furry companions to enjoy the waterfront lifestyle together.

Community amenities include a resort-style pool and jacuzzi, clubhouse with entertaining space, fitness room, card room, and a waterfront tiki hut—perfect for cocktails with friends while watching the sunset.

Current owner pays approx. $1,600/year for homeowners insurance and flood coverage is included in the HOA fee. This property has never flooded. With its prime location, luxury features, and great rental income potential, this condo is ideal for full-time living, a seasonal escape, or an income-producing investment.

Just moments from Pine Island, Burnt Store Marina, dining, shopping, and medical services, this property is also near the upcoming 7 Islands Project—a highly anticipated destination for waterfront living, vacationing, dining, shopping, and entertainment in NW Cape Coral. This location offers both security and value in a quiet, beautifully maintained waterfront setting. This condo is a must see!

Listing Agent

Becky White

EXP Realty LLC License #65300586 Listed on: 06/18/2025

EXP Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,740

Year Built

  • Built in 2006

Lot Details

  • Lake Front
  • Property fronts a private road
  • South Facing Home
  • Sprinkler System
  • Zero Lot Line

HOA Fees

  • $805 Monthly HOA Fees

Parking

  • Subterranean Parking
  • Common or Shared Parking
  • Garage Door Opener

Property Views

  • Lake
  • Canal

Home Design

  • Coach House
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,224 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Built-In Features
  • Bar
  • Tray Ceiling
  • Shutters
  • French Doors
  • Formal Dining Room
  • Den
  • Screened Porch
  • Security Gate

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Dual Sinks
  • Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Canal Access
  • Screened Patio
  • Outdoor Water Feature
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Sewer Assessments
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 18-44-23-C2-00809.0903

Community Details

Overview

  • Senior Community
  • Association fees include irrigation water, ground maintenance, pest control, recreation facilities, reserve fund, road maintenance, sewer, street lights, security, trash, water
  • 56 Units
  • Association Phone (239) 645-0830
  • Low-Rise Condominium
  • Blue Water Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse

Recreation

  • Boat Dock
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets up to 80 lbs
  • Call for details about the types of pets allowed
  • 1 Pet Allowed

Security

  • Gated Community
  • Impact Glass
  • High Impact Door
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,740

Year Built

Built in 2006

Lot Details

0

HOA Fees

$805 per month

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.1355
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Ownership: Condo
  • Subdivision Name: BLUE WATER
  • Architectural Style: Coach/Carriage, Low Rise
  • Carport Y N: No
  • Entry Level: 2
  • Garage Yn: Yes
  • Structure Type: Low Rise
  • Year Built: 2006
  • Property Sub Type Additional: Condominium
  • Association Fee 3 Frequency: Quarterly
  • Special Features: VirtualTour

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Freezer, Disposal, Ice Maker, Microwave, Range, Refrigerator, RefrigeratorWithIce Maker, Separate Ice Machine, Wine Cooler, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Flooring: Laminate, Tile
  • Interior Amenities: Wet Bar, Breakfast Bar, Built-in Features, Bathtub, Tray Ceiling(s), Separate/Formal Dining Room, Dual Sinks, French Door(s)/Atrium Door(s), Pantry, Separate Shower, Bar, Walk-In Closet(s), Window Treatments, High Speed Internet, Split Bedrooms
  • Living Area: 2224.0
  • Dining Room Type: Den, Screened Porch
  • Stories: 2
  • Window Features: Impact Glass, Shutters, Window Coverings

Exterior Features

  • Lot Features: Zero Lot Line, Sprinklers Automatic
  • Pool Features: Community
  • Pool Private: No
  • View: Canal, Lake
  • View: Yes
  • Waterfront Features: Canal Access, Lake
  • Waterfront: Yes
  • Disclosures: Disclosure on File, Owner Has Flood Insurance, RV Restriction(s)
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Exterior Features: Security/High Impact Doors, Sprinkler/Irrigation, Outdoor Grill, Water Feature
  • Patio And Porch Features: Lanai, Porch, Screened
  • Property Condition: Resale
  • Roof: Tile

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Common, Underground, Garage, Garage Door Opener

Utilities

  • Laundry Features: Inside
  • Security: Security Gate, Gated Community, Fire Sprinkler System, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Assessment Paid
  • Utilities: Cable Available, High Speed Internet Available, Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Facilities, Gated
  • Senior Community: Yes
  • Amenities: Clubhouse, Fitness Center, Barbecue, Picnic Area, Pool, Spa/Hot Tub, Sidewalks, Management
  • Phone: 2396450830
  • Association: Yes
  • Pets Allowed: Call, Conditional
  • Common Interest: Condominium
  • HOA Fee 3: 2415.0

Fee Information

  • Association Fee Includes: Irrigation Water, Maintenance Grounds, Pest Control, Recreation Facilities, Reserve Fund, Road Maintenance, Sewer, Street Lights, Security, Trash, Water

Lot Info

  • Parcel #: 18-44-23-C2-00809.0903
  • Zoning Description: RD-W

Multi Family

  • Number Of Units In Community: 56

Tax Info

  • Tax Annual Amount: 5739.68
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,740 $344,566 -- --
2023 $7,619 $357,380 $0 $0
2022 $6,300 $324,891 $0 $0
2021 $5,726 $295,355 $0 $295,355
2020 $5,709 $284,240 $0 $284,240
2019 $6,213 $312,503 $0 $312,503
2018 $6,362 $313,310 $0 $313,310
2017 $6,068 $293,930 $0 $293,930
2016 $5,666 $269,254 $0 $269,254
2015 $4,869 $246,300 $0 $246,300
2014 $4,275 $191,000 $0 $191,000
2013 -- $131,920 $0 $131,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2025 08/11/25 Price Changed $595,000 -2.5% $268 / Sq Ft
06/18/2025 06/18/25 For Sale $610,000 -3.2% $274 / Sq Ft
06/13/2023 06/13/23 For Sale $630,000 0.0% $283 / Sq Ft
06/12/2023 06/12/23 Sold $630,000 +70.3% $283 / Sq Ft
11/05/2015 11/05/15 Sold $369,900 +0.2% $166 / Sq Ft
10/06/2015 10/06/15 Pending -- -- --
08/04/2015 08/04/15 For Sale $369,000 -- $166 / Sq Ft
Source: Florida Gulf Coast Multiple Listing Service

Purchase History

Date Type Sale Price Title Company
Warranty Deed $630,000 None Listed On Document
Warranty Deed $369,900 Landsel Title Agency Inc
Warranty Deed $214,500 Attorney
Warranty Deed $60,185 Attorney
Source: Public Records

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Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 225056116

Florida Gulf Coast Multiple Listing Service

APN: 18-44-23-C2-00809.0903