<SUBMISSION>
<ACCESSION-NUMBER>0001304459-04-000043
<TYPE>3
<PUBLIC-DOCUMENT-COUNT>1
<PERIOD>20041021
<FILING-DATE>20041109
<DATE-OF-FILING-DATE-CHANGE>20041109
<REPORTING-OWNER>
<OWNER-DATA>
<CONFORMED-NAME>High Trae O Neil
<CIK>0001306822
</OWNER-DATA>
<FILING-VALUES>
<FORM-TYPE>3
<ACT>34
<FILE-NUMBER>000-50995
<FILM-NUMBER>041128276
</FILING-VALUES>
<BUSINESS-ADDRESS>
<PHONE>646-414-2821
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>505 WEST 54TH STREET #313
<CITY>NEW YORK
<STATE>NY
<ZIP>10019
</MAIL-ADDRESS>
</REPORTING-OWNER>
<ISSUER>
<COMPANY-DATA>
<CONFORMED-NAME>CAPE COASTAL TRADING CORP
<CIK>0001219097
<ASSIGNED-SIC>2590
<IRS-NUMBER>522372260
<STATE-OF-INCORPORATION>NY
<FISCAL-YEAR-END>1231
</COMPANY-DATA>
<BUSINESS-ADDRESS>
<STREET1>350 5TH AVENUE
<STREET2>SUITE 3304
<CITY>NEW YORK
<STATE>NY
<ZIP>10018
<PHONE>212-971-9715
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>350 5TH AVENUE
<STREET2>SUITE 3304
<CITY>NEW YORK
<STATE>NY
<ZIP>10018
</MAIL-ADDRESS>
</ISSUER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>primary_doc.xml
<DESCRIPTION>PRIMARY DOCUMENT
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2004-10-21</periodOfReport>

    <noSecuritiesOwned>0</noSecuritiesOwned>

    <issuer>
        <issuerCik>0001219097</issuerCik>
        <issuerName>CAPE COASTAL TRADING CORP</issuerName>
        <issuerTradingSymbol>CCTR</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001306822</rptOwnerCik>
            <rptOwnerName>High Trae O Neil</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>2777 ALLEN PARKWAY, SUITE 1000</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>HOUSTON</rptOwnerCity>
            <rptOwnerState>TX</rptOwnerState>
            <rptOwnerZipCode>77019</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>Sec. and Vice President</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>200000</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <remarks>On October 21, 2004, the Issuer registered its common stock, $.001 par value per share pursuant to section 12 of the Exhcange Act of 1934 on Form 8-A.</remarks>

    <ownerSignature>
        <signatureName>Trae O'Neil High</signatureName>
        <signatureDate>2004-11-09</signatureDate>
    </ownerSignature>
</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SUBMISSION>
