<SUBMISSION>
<ACCESSION-NUMBER>0001304459-04-000048
<TYPE>SC 13D
<PUBLIC-DOCUMENT-COUNT>1
<FILING-DATE>20041109
<DATE-OF-FILING-DATE-CHANGE>20041109
<FILED-BY>
<COMPANY-DATA>
<CONFORMED-NAME>High Trae O Neil
<CIK>0001306822
</COMPANY-DATA>
<FILING-VALUES>
<FORM-TYPE>SC 13D
</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>
</FILED-BY>
<SUBJECT-COMPANY>
<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>
<FILING-VALUES>
<FORM-TYPE>SC 13D
<ACT>34
<FILE-NUMBER>005-80139
<FILM-NUMBER>041129523
</FILING-VALUES>
<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>
</SUBJECT-COMPANY>
<DOCUMENT>
<TYPE>SC 13D
<SEQUENCE>1
<FILENAME>doc1.txt
<TEXT>

                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549

                                  SCHEDULE 13D
                    UNDER THE SECURITIES EXCHANGE ACT OF 1934

                        CAPE COASTAL TRADING CORPORATION
                                (NAME OF ISSUER)

                    COMMON STOCK, PAR VALUE $0.001 PER SHARE
                         (TITLE OF CLASS OF SECURITIES)

                                   139330 10 4
                                 (CUSIP NUMBER)

                        TRAE O'NEIL HIGH, ATTORNEY AT LAW
                               2777 ALLEN PARKWAY
                                   SUITE 1000
                              HOUSTON, TEXAS 77019
                                 (713) 524-4110
                  (NAME, ADDRESS AND TELEPHONE NUMBER OF PERSON
                AUTHORIZED TO RECEIVE NOTICES AND COMMUNICATIONS)

                                October 21, 2004
             (DATE OF EVENT WHICH REQUIRES FILING OF THIS STATEMENT)

If the filing person has previously filed a statement on Schedule 13G to report
the acquisition that is the subject of this Schedule 13D, and is filing this
schedule because of Sec.Sec.240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check
the following box. [  ]

The information required in the remainder of this cover page shall not be deemed
to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934
 ("Act") or otherwise subject to the liabilities of that section of the Act but
              shall be subject to all other provisions of the Act.

<PAGE>

| 1 |  NAMES  OF  REPORTING  PERSONS
       S.S.  OR  I.R.S.  IDENTIFICATION  NO.  OF  ABOVE  PERSON

       Trae  O'Neil  High
--------------------------------------------------------------------------------
| 2 |  CHECK  THE  APPROPRIATE  BOX  IF  A  MEMBER  OF  A  GROUP  *       (a)[ ]
                                                                          (b)[ ]
--------------------------------------------------------------------------------
| 3 |  SEC  USE  ONLY
--------------------------------------------------------------------------------
| 4 |  SOURCE  OF  FUNDS*
       OO
--------------------------------------------------------------------------------
| 5 |  CHECK  BOX  IF  DISCLOSURE  OF  LEGAL  PROCEEDINGS  IS
       REQUIRED  PURSUANT  TO  ITEMS  2(d)  or  2(e)                         [ ]
--------------------------------------------------------------------------------
| 6 |  CITIZENSHIP  OR  PLACE  OF  ORGANIZATION
       United  States
--------------------------------------------------------------------------------
                        | 7 |  SOLE  VOTING  POWER
NUMBER  OF                     200,000
SHARES                  --------------------------------------------------------
BENEFICIALLY            | 8 |  SHARED  VOTING  POWER
OWNED  BY  EACH                N/A
REPORTING               --------------------------------------------------------
PERSON  WITH            | 9 |  SOLE  DISPOSITIVE  POWER
                               200,000
--------------------------------------------------------------------------------
| 10 |  SHARED  DISPOSITIVE  POWER
        N/A
--------------------------------------------------------------------------------
| 11 |  AGGREGATE  AMOUNT  BENEFICIALLY  OWNED  BY  EACH  REPORTING  PERSON
        200,000
--------------------------------------------------------------------------------
| 12 |  CHECK  BOX  IF  THE  AGGREGATE  AMOUNT  IN ROW (11) EXCLUDES CERTAIN
        SHARES  *
        N/A
--------------------------------------------------------------------------------
| 13 |  PERCENT  OF  CLASS  REPRESENTED  BY  AMOUNT  IN  ROW  (11)
        8.7%
--------------------------------------------------------------------------------
| 14 |  TYPE  OF  REPORTING  PERSON  *
        IN
--------------------------------------------------------------------------------

<PAGE>

ITEM  1.  Security  and  Issuer

This  Schedule  13D  relates  to  the  Common  Stock  of  Cape  Coastal  Trading
Corporation (the "Company").  The principal executive offices of the Company are
located  at  350  5th  Avenue,  Suite  3304,  New  York,  NY  10018.

ITEM  2.  Identity  and  Background

(a)-(c)  This Statement on Schedule 13D is being filed by Trae O'Neil High.  Mr.
High's business address is 2777 Allen Parkway, Suite 1000, Houston, Texas 77019.
Mr.  High,  is  the  Secretary  and  Vice  President  of  the  Company.

(d)-(e)  During  the  last five years, Mr. High: (i) has not been convicted in a
criminal  proceeding  (excluding traffic violations or similar misdemeanors); or
(ii)  was not a party to a civil proceeding of a judicial or administrative body
of  competent  jurisdiction and as a result of such proceeding was or is subject
to  a  judgment,  decree  or  final  order  enjoining  future  violations of, or
prohibiting or mandating activities subject to, federal or state securities laws
or  finding  any  violation  with  respect  to  such  laws.

(f)  Mr.  High  is  a  citizen  of  the  United  States.

ITEM  3.  Source  of  Amount  of  Funds  or  Other  Compensation

Mr.  High acquired 200,000 shares of the Company's common stock in consideration
for consulting services.  As a result of this transaction, Mr. High beneficially
owns  8.7%  of  the  Company's  common  stock.

ITEM  4.  Purpose  of  Transaction

Mr.  High  acquired  the  securities  of  the  Company  for investment purposes.
Depending  on  general  market  and  economic  conditions affecting Cape Coastal
Trading Corporation and other relevant factors, Mr. High may purchase additional
securities  of  the Company or dispose of some or all of securities from time to
time  in  open  market  transactions,  private  transactions  or  otherwise.

Mr.  High  does  not  have  any plans or proposals which relate to or result in:

     (a)  the acquisition by any person of additional securities of Cape Coastal
          Trading  Corporation, or the disposition of securities of Cape Coastal
          Trading  Corporation;

     (b)  an  extraordinary  transaction,  such  as  a merger, reorganization or
          liquidation,  involving Cape Coastal Trading Corporation or any of its
          subsidiaries;

     (c)  a  sale  or  transfer  of  a material amount of assets of Cape Coastal
          Trading  Corporation  or  any  of  its  subsidiaries;

     (d)  any  change  in  the  present board of directors or management of Cape
          Coastal  Trading  Corporation;

     (e)  any  material  change in the present capitalization or dividend policy
          of  Cape  Coastal  Trading  Corporation;

     (f)  any  other  material  changes  in  Cape  Coastal Trading Corporation's
          business  or  corporate  structure;

     (g)  changes  in  Cape  Coastal  Trading  Corporation's  charter, bylaws or
          instruments  corresponding  thereto, or other actions which may impede
          the  acquisition of control of Cape Coastal Trading Corporation by any
          person;

<PAGE>

     (h)  causing  a  class of securities of Cape Coastal Trading Corporation to
          be  delisted  from  a  national  securities  exchange  or  cease to be
          authorized  to  be  quoted  in  an  inter-dealer quotation system of a
          registered  national  securities  association;

     (i)  a  class  of  equity  securities  of  Cape Coastal Trading Corporation
          becoming  eligible for termination of registration pursuant to Section
          12(g)(4)  of  the  Securities  Exchange  Act  of  1934;  or

     (j)  any  action  similar  to  any  of  those  enumerated  above.

ITEM  5.  Interest  in  Securities  of  the  Issuer

          (a)  Trae  O'Neil  High  beneficially  owns  200,000  shares of common
               stock, $0.001 par value, of Cape Coastal Trading Corporation. The
               shares  of common stock beneficially owned by Mr. High constitute
               approximately  8.7% of the total number of shares of common stock
               of  Cape Coastal Trading Corporation, based upon 2,300,375 shares
               of  common  stock  outstanding  as  of  November  9,  2004.

          (b)  Mr.  High  has  the sole power to vote or to direct the vote, and
               the  sole  power  to  dispose or to direct the disposition of the
               shares  beneficially  owned  by  Mr.  High.

          (c)  Mr.  High  acquired  the  common  stock  as  a  result  of  the
               transactions  discussed  in  ITEM  3,  above.

          (d)  No  other  person has the right to receive or the power to direct
               the  receipt  of  dividends from or the proceeds from the sale of
               the  securities  beneficially  owned  by  Mr.  High.

          (e)  Not  applicable.

ITEM  6. Contracts, Arrangements, Understanding or Relationships with Respect to
Securities  of  the  Issuer

None.

ITEM  7.  Material  to  be  Filed  as  Exhibits

None.

                                    SIGNATURE

     After  reasonable  inquiry  and  to  the best of my knowledge and belief, I
certify  that  the information set forth in this statement is true, complete and
correct.

Dated:  November 9, 2004                     By:  /s/Trae  O'Neil  High
                                                  -----------------------
                                                       Trae  O'Neil  High

<PAGE>


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