$240,000
3 Bed SingleFamilyResidence for Sale in Cape Coral
2816 NE 5th Place, Cape Coral, FL, 33909
About this home
JUST REDUCED!!! Welcome to 2816 NE 5th Street, Cape Coral – the perfect starter home that combines comfort, style, and value. This inviting property offers three bedrooms, two bathrooms, and 1,272 square feet of living space with thoughtful upgrades throughout. The heart of the home is the beautifully updated kitchen, featuring a new island, modern cabinets with gorgeous countertops, and brand-new appliances that make cooking and entertaining a pleasure. Major updates give peace of mind, including a 2023 HVAC SYSTEM to keep the home cool and efficient, and a ROOF FROM 2019 with plenty of life ahead. Step outside to enjoy an extended brick patio, ideal for barbecues, morning coffee, or evenings under the stars, all within the privacy of a fully fenced yard—perfect for kids, pets, or simply relaxing. With fresh upgrades, an open and functional layout, and move-in ready condition, this home offers the perfect blend of practicality and charm. At 2816 NE 5th Street, you’re not just buying a house, you’re investing in a lifestyle of convenience and comfort in one of Cape Coral’s most desirable communities. NO FLOOD INSURANCE REQUIRED
Property details
- Type
- SingleFamilyResidence
- Year built
- 1988
- Interior
- 1,120 sqft
- Lot size
- 10,018.8 sqft
- Acreage
- 0.23 acres
- Garage
- 2 car
- Days on market
- 308
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $3,360/yr
- Flood zone (area est.)
- No · Low risk (X)
- Storm protection
- None listed
- Exposure
- East
- Waterfront
- No
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- No
- Spa
- No
- Natural gas
- No
- Water
- Well
- Sewer
- Septic Tank
- 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.
Based on the $/sqft of 4 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.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 2303 NE 7th Avenue | Sep 2025 | $258,000 | 3/2 | 1,148 | $225 |
| 2213 NE 6th Place | May 2026 | $215,000 | 3/2 | 1,242 | $173 |
| 205 NE 23rd Street | Jan 2026 | $250,000 | 3/2 | 1,081 | $231 |
| 2128 NE 9th Place | Feb 2026 | $275,000 | 3/2 | 1,206 | $228 |
| Average | 4 comps | $249,500 | $214 |
Market trends, Cape Coral
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 $49,000 (17%) from the original list price.
| Jul 3, 2026 | Back on market | |
| Nov 5, 2025 | Price reducedfrom $250,000 | $240,000 |
| Aug 25, 2025 | Listed | $289,000 |
The good, the trade-offs & the location
- Lower flood risk (zone X)
- 2-car garage
- Built 1988 — pre-2002 construction may carry older wind codes and higher insurance
Straight-line distances to major SWFL amenities, approximate; actual drive times vary.
Nearby schools
Get more information on their programs, scores, and extracurriculars on each school's page · browse the full schools directory.
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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.