$207,000
3 Bed 2 Bath SingleFamilyResidence for Sale in CAPE CORAL, FL
316 NE 7th Street, Cape Coral, FL, 33909
About this home
Discover the potential of this Cape Coral home located on an oversized lot with no flood zone designation and plenty of room for a pool. This property offers a comfortable layout with 3 bedrooms, 2 bathrooms, and a 2-car garage. With a little TLC, it can become the ideal primary residence or investment opportunity. Enjoy the convenience of being near shopping, dining, and major roadways while having the space to create your own outdoor retreat. Don’t miss the chance to make this home your own.
Property details
- Type
- SingleFamilyResidence
- Year built
- 2004
- Interior
- 1,237 sqft
- Lot size
- 10,628.64 sqft
- Acreage
- 0.24 acres
- Garage
- 2 car
- Days on market
- 50
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $2,898/yr
- Flood zone (area est.)
- No · Low risk (X)
- Storm protection
- None listed
- Exposure
- North
- Waterfront
- No
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- No
- Spa
- No
- Natural gas
- No
- Water
- Assessment Unpaid
- Sewer
- Assessment Unpaid
- 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 3 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 |
|---|---|---|---|---|---|
| 1309 NE 4th Avenue | Aug 2025 | $234,465 | 2/2 | 1,120 | $209 |
| 216 NW 11th Street | May 2026 | $245,000 | 3/2 | 1,274 | $192 |
| 205 NE 9th Court | Mar 2026 | $239,000 | 3/2 | 1,305 | $183 |
| Average | 3 comps | $239,488 | $195 |
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 $42,200 (18.3%) from the original list price.
| Apr 7, 2026 | Sold | $187,800 |
| Feb 25, 2026 | Price reducedfrom $230,000 | $207,000 |
| Feb 10, 2026 | Back on market | |
| Dec 19, 2025 | Listed | $230,000 |
The good, the trade-offs & the location
- Built 2004 — post-2002 Florida wind codes (typically lower insurance)
- Lower flood risk (zone X)
- 2-car garage
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.