2 Bed Waterfront Home for Sale in Cape Coral
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SoldMLS# 2026009500

$435,000

2 Bed Waterfront Home for Sale in Cape Coral

4528 SE 1st Place, Cape Coral, FL, 33904

2 beds2 baths1,374 sqft1 garage
GatedBoatingWaterfront

About this home

A Designer Must Live Here! This beautifully-remodeled, well maintained home must be seen to be appreciated! This Gulf-Access Showplace offers quick Boating Time to Open Water and it is ready for you now! This floorplan has a wide open Great Room feel with an enclosed Florida Room that makes the home a spacious feel that flows well! The Gorgeous plank-style tile has been laid throughout the entire home, giving it a clean and modern feel. The Kitchen is also beautiful with gorgeous Quarzite Countertops, Stainless Steel appliances, Wooden Cabinets and tiled backsplash. This cute and clean waterfront Villa rests peacefully atop the 90'-wide SAN CARLOS CANAL, providing you with Quick & Convenient boating access to get to the Gulf of America! This welcoming and comfortable living environment speaks to owners and guests alike. This home shows pride of ownership throughout! There is No Pool Needed for the Fun that will be had here when your guests arrive! You Will Really Enjoy Your Front Row Seat to Florida's Finest Sunsets as the colors reflect off the 90' Wide Main Canal! Bring your most discerning buyer as this one won't last long! Show and Sell Today!

Property details

Type
SingleFamilyResidence
Year built
1967
Interior
1,374 sqft
Lot size
10,018.8 sqft
Acreage
0.23 acres
Garage
1 car
Days on market
57
Total association fees
None
CDD
None
Est. taxes (1.4%)
$6,090/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
Impact Windows/Doors
Exposure
West
Waterfront
Yes
Gulf access
Yes
Gulf access type
Direct — no bridges
Pool
No
Spa
No
Natural gas
No
Water
Assessment Paid
Sewer
Assessment Paid
New construction
No
Pets
Yes
County
Lee

Flood risk shown is an area-level estimate and can differ from a specific unit's actual FEMA designation (which varies by structure and elevation). Look up this address on the FEMA Flood Map and verify with a licensed insurance agent before relying on it.

At marketThis home is priced in line with comparable recent sales.
This home
$317/sqft
Comp median
$315/sqft
Difference
+1%

Based on the $/sqft of 7 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.

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Your notes on this home

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Recently sold nearby

Closed comparable sales within ~1 mile in the last 12 months, similar price, size, beds/baths, and age.

AddressSoldSold priceBeds/BathsSq ft$/sqft
4421 SE 1st AvenueMay 2026$420,0003/21,200$350
726 SE 43rd TerraceDec 2025$480,0003/21,325$362
5255 Tiffany CourtAug 2026$439,9003/21,446$304
5220 Tower DriveAug 2026$400,0002/21,268$315
913 SE 43rd TerraceFeb 2026$420,0002/21,268$331
5114 SW 3rd AvenueJul 2026$430,0003/21,370$314
Average6 comps$431,650$329

Market trends, Cape Coral

Median list
$399,000
Median $/sqft
$233
Median sold (90d)
$384,999
Avg days on market
92
Active listings
2,482
Median sold price · Cape Coral
$384,999last 3 months6.9% vs $360,000 prior 3 months
Median closed price by month · Cape Coral
2.6% MoM5.7% YoY
$340k$365k$390kJul ’25Sep ’26
$369,990Sep ’26 · 55 sales

Median of closed MLS sales each month over the available window. Months with too few sales are omitted; the range extends automatically as more sales close.

Live area medians from the MLS · see all listings. Indicative, not an appraisal.

Price & status history

Down $24,000 (5.3%) from the original list price.

Jun 24, 2026Sold$425,000
Jun 9, 2026Back on market
Mar 11, 2026Price reducedfrom $449,000$435,000
Feb 26, 2026Listed$449,000

The good, the trade-offs & the location

Pros
  • Gulf access (Direct — no bridges)
  • Storm protection: Impact Windows/Doors
Consider
  • Built 1967 — pre-2002 construction may carry older wind codes and higher insurance
  • In a higher-risk flood zone (AE) — flood insurance likely required
Location convenienceHigh
Hospital
4.9 mi
Cape Coral Hospital
Beach
8 mi
Fort Myers Beach
Airport
6.8 mi
Page Field (Fort Myers)
Shopping
6 mi
Coralwood / Merchants Crossing (Cape)

Straight-line distances to major SWFL amenities, approximate; actual drive times vary.

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Listing information is provided in part by the Florida Gulf Coast Multiple Listing Service (MLS) through its Broker Reciprocity / Internet Data Exchange (IDX) program. Properties displayed may be listed by brokerages other than SWFL Relocation Team. Data is deemed reliable but is not guaranteed accurate by the MLS or this brokerage and should be independently verified. Fees, flood zones, taxes, square footage, and school assignments are estimates from the feed and must be confirmed. © 2026 SWFL Relocation Team. All rights reserved.