Blue Water Real Estate

Welcome to Blue Water, a hidden gem nestled within the vibrant city of Cape Coral, Florida. This charming neighborhood offers a unique blend of tranquility and adventure, making it an ideal place for families, retirees, and everyone in between. With its picturesque canals and lush landscapes, Blue Water encapsulates the essence of Florida living.

One of the standout features of Blue Water is its proximity to the beautiful Gulf Coast. Residents enjoy easy access to stunning beaches, where you can soak up the sun, indulge in water sports, or simply take a leisurely stroll along the shore. For boating enthusiasts, the neighborhood's direct access to navigable waterways provides endless opportunities for fishing, kayaking, and exploring the scenic coastline.

Community spirit thrives in Blue Water, where neighbors become friends and families create lasting memories. The area boasts a variety of parks and recreational facilities, perfect for outdoor activities such as picnicking, biking, and playing sports. Children can thrive in the excellent local schools, while adults appreciate the nearby shopping and dining options that cater to every taste.

Blue Water is not just a place to live; it’s a lifestyle. With an inviting atmosphere, friendly residents, and the natural beauty of Florida at your doorstep, this neighborhood offers a serene escape from the hustle and bustle of city life. Whether you're looking for a cozy family home or a waterfront retreat, Blue Water is the perfect place to call home. Come discover the charm and warmth of this delightful community in Cape Coral!

Newest Listings in Blue Water

$519,900

3 Beds ⋅ 2 Baths ⋅ 2026032364 MLS

Your Slice Of Paradise! This Spacious 3 Bedroom, 2 Bath Coach Home Includes A Private Boat Dock w/10k lb Lift And Affords Fast Gulf Access With Only One Bridge Out To The Spreader, Matlacha Pass And Gulf. Check Out the Virtual Tour And See The Many Upgrades: Granite Counters & Hardwood Cabinetry In Both Baths and Kitchen, Tiled Backsplash, Pendant Lighting Over Kitchen Counter, A Wet Bar w/Wine Cooler & Ice Maker, Primary Bath W/Separate Soaking Tub and Walk In Shower, Large Walk-In Closet For Primary Bedroom, Large Laundry Room w/Cabinets, And Your Own Oversized Private 2 Car Garage. You Will Have Peace of Mind From The New Hurricane Rated Glass Windows ('25), Roll Down Electric Shutters For The Lanai, And Hurricane Accordian-Type Shutters On Top of All That. New A/C Unit, Inside & Out ('26). The Gated Bluewater Coach Home Community Has Lush Landscape, Beautiful New Tile Roofs ('24) Has A Beautiful Clubhouse w/Community Room, A Lake-Shaped Heated Pool w/Separate Heated Spa, Excercise Room and Kitchen. You Will Love An Evening Walk Along The Boardwalk And A Stop At The Large Community Tiki Hut. No Residence In Blue Water Coach Homes Has Ever Flooded - Ever! The HOA Fee Includes Building Insurance, Building Flood Insurance, Complete Lawncare Services, City Water & Sewer, And Amenities. There Are 56 Residences In This Community and Only 36 Docks, So Owning Your Own Private Dock Is A Valued Commodity! Come And Enjoy Florida Living At Its Very Best And Schedule Your Showing Today!

198 Shadroe Cove CIR Unit 502, Cape Coral

$550,000

3 Beds ⋅ 2.5 Baths ⋅ 2026021985 MLS ⋅ Blue Water BLDG.

Spacious and bright 3-bedroom + den, 2.5-bath condo with direct canal access to the Gulf and only one bridge at Burnt Store Bridge! Boaters will love the private 10,000 lb boat lift with water and electric at the dock, plus quick 15-minute access to open Gulf waters. Inside, volume ceilings and abundant natural light create an airy, open feel throughout. The well-designed floor plan features a breakfast nook, formal dining area, large pantry, and wet bar with icemaker—perfect for entertaining. The spacious primary suite offers dual separated vanities and ample comfort. Impact-resistant windows provide peace of mind, while two garage spaces add convenience and storage. This waterfront retreat combines boating access, spacious living, and Florida lifestyle all in one exceptional property. Condo unit may be purchased with or without the boat dock and lift. The MLS price is the price with the dock and lift. The condo unit without the dock and lift is $510,000.

178 Shadroe Cove CIR Unit 903, Cape Coral

$550,000

3 Beds ⋅ 2.5 Baths ⋅ 2025025928 MLS ⋅ Blue Water BLDG.

SUNSET VIEWS FROM YOUR LANAI! | Welcome to an exceptional opportunity in the highly desirable Blue Water Coach Homes community of beautiful Cape Coral, Florida — a serene, gated neighborhood of only 56 units offering canal and gulf access living with resort-style amenities and effortless proximity to shopping, dining, outdoor activities, and world-class waterways. With arguably the best view in the community - this meticulously maintained residence features YOUR OWN PERSONAL ELEVATOR, 4 bedrooms and 2½ bathrooms with a thoughtful layout showcasing tile flooring throughout the main living areas and plush carpet in the bedrooms, including walk-in closets with custom closet storage in the master suite. Enter into a bright and open floor plan accentuated by tray ceilings, crown molding, recessed canned lighting, and custom wet bar cabinetry with a free-standing ice maker, perfect for entertaining friends and family. The home offers practical upgrades including impact-rated PGT windows, a roof replaced in 2024, new gutters, A/C installed in 2024 (approx. 1½ years old) with line set to the outside installed, and a newer water heater installed 2025, giving you peace of mind and modern efficiency. Bedrooms are well proportioned, and the primary suite delivers generous storage, while the halls and bathrooms boast granite countertops and wallpaper accents for an elevated finish. The washer and dryer, six years young, stay with the home for added convenience, and the property is unfurnished allowing you to move in or stage with ease. Outside, enjoy Florida’s indoor-outdoor lifestyle on your private screened lanai overlooking serene water views — a perfect setting for morning coffee or evening sunsets on Cape Coral’s famed canals. Blue Water Coach Homes residents enjoy a community pool, spa, clubhouse, fitness area and a Tiki hut with scenic boardwalk space, all nestled into a tranquil setting that feels like a permanent vacation yet is just minutes from Matlacha Pass, Fort Myers Beach, Sanibel/Captiva, and the Gulf of Mexico — where boating, fishing, kayaking and beach excursions are part of everyday life. With an HOA fee of $2,415 quarterly, this home and community represent a rare blend of maintenance-free living, Florida lifestyle appeal, quality improvements, and location convenience in one of Southwest Florida’s most sought-after coastal markets. Don’t miss your chance to own this special property and live where others vacation — schedule your private showing today!

214 Shadroe Cove CIR Unit 104, Cape Coral

$344,900

3 Beds ⋅ 2 Baths ⋅ 225039135 MLS

Why settle for ordinary when you can wake up to waterfront views? This beautifully maintained first-floor corner unit in the gated Blue Water community offers the Florida lifestyle you've been dreaming of—just minutes from open Gulf waters. Featuring 3 bedrooms, 2 baths, an attached 2-car garage, new impact-resistant windows (2025), crown molding, a spacious kitchen with stainless steel appliances, and an abundance of natural light, this home is as comfortable as it is beautiful. Relax while watching boats glide by, stroll the waterfront boardwalk, or enjoy the community clubhouse, pool, and tiki bar. Although this unit doesn't include a dock, one may be available through a private arrangement with another owner. Some homes simply have to be experienced in person—this is one of them. Schedule your private showing today and see why Blue Water is one of the area's most desirable waterfront communities. Seller is considering all reasonable offers.

174 Shadroe Cove CIR Unit 1002, Cape Coral

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program (BR Program) of M.L.S. of Naples, Inc. Properties listed with brokerage firms other than this company are marked with the BR Program Icon or the BR House Icon and detailed information about them includes the name of the listing brokers. The properties displayed may not be all the properties available through the BR Program. The information provided is for consumers’ personal, non-commercial use and may not be used for any other purpose.