2 Bed SingleFamilyResidence for Sale in Cape Coral
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SoldMLS# 2026026903

$175,000

2 Bed SingleFamilyResidence for Sale in Cape Coral

3420 SE 5th Avenue, Cape Coral, FL, 33904

2 beds1 baths1,047 sqft1 garage
Gated

About this home

Thoughtfully positioned on a corner lot in SE Cape Coral, this 2-bedroom, 1-bath single-family home offers a beautiful backyard and room for a future pool. This Fixer Upper is ready for renovation and gives the next owner a great opportunity to update, customize, and create value. Convenient Cape Coral location near shopping, dining, parks, and everyday services. Avoid the fear of future utility assessments - All assessments paid.

Property details

Type
SingleFamilyResidence
Year built
1968
Interior
1,047 sqft
Lot size
10,497.96 sqft
Acreage
0.24 acres
Garage
1 car
Days on market
11
Total association fees
None
CDD
None
Est. taxes (1.4%)
$2,450/yr
Flood zone (area est.)
No · Low risk (X)
Storm protection
None listed
Exposure
West
Waterfront
No
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
Public
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.

Above marketThis home is priced above comparable recent sales.
This home
$167/sqft
Comp median
$156/sqft
Difference
+7%

Based on the $/sqft of 9 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.

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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
3639 SE 8th PlaceMar 2026$197,0002/11,047$188
4017 Palm Tree Boulevard 403Jun 2026$150,0002/21,162$129
4017 Palm Tree Boulevard 308Sep 2025$183,0002/21,162$157
4011 Palm Tree Boulevard 306Oct 2025$170,0002/21,150$148
4005 Palm Tree Boulevard 307Apr 2026$185,0002/21,216$152
4005 Palm Tree Boulevard 407Apr 2026$190,0002/21,216$156
Average6 comps$179,167$155

Market trends, Cape Coral

Median list
$399,900
Median $/sqft
$233
Median sold (90d)
$389,000
Avg days on market
95
Active listings
2,498
Median sold price · Cape Coral
$389,000last 3 months8.7% vs $358,000 prior 3 months
Median closed price by month · Cape Coral
7.8% MoM19% YoY
$340k$381k$423kJul ’25Aug ’26
$422,500Aug ’26 · 134 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 $10,000 (5.7%) from the original list price.

Jul 24, 2026Sold$165,000
Jun 18, 2026Listed$175,000

The good, the trade-offs & the location

Pros
  • Lower flood risk (zone X)
Consider
  • Built 1968 — pre-2002 construction may carry older wind codes and higher insurance
Location convenienceHigh
Hospital
3.4 mi
Cape Coral Hospital
Beach
9.4 mi
Fort Myers Beach
Airport
6.3 mi
Page Field (Fort Myers)
Shopping
4.6 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.