$267,300
3 Bed SingleFamilyResidence for Sale in Cape Coral
324 NW 31st Place, Cape Coral, FL, 33993
About this home
Under Construction. New price. Lower basis. Finish the project your way. Strategically repositioned at $267,300, this as-is, mid-construction Orlando II model in NW Cape Coral offers a compelling opportunity for builders, investors, and hands-on owner-users comfortable completing construction. Planned for approximately 2,590 sq ft of living area and 3,856 sq ft total, the home includes 3 bedrooms plus a den, 3 baths, and a 4-car attached garage, with slab and concrete block work already complete. The current stage of construction gives the next buyer a defined starting point while preserving control over remaining finishes, selections, and completion strategy. The oversized six-lot site totals approximately 0.70 acres, with approximate dimensions of 245 x 125, and may offer flexibility to retain as a larger estate-style homesite or split into two triple-lot parcels, subject to City of Cape Coral approval. Preliminary plans also include a detached garage concept. No HOA. Well and septic required. Buyer assumes all completion, permitting, utility, and due diligence responsibilities. Available individually or as part of a two-property portfolio with companion listing MLS #2026001296. Construction documents, plans, and permit details are available upon request.
Property details
- Type
- SingleFamilyResidence
- Year built
- 2026
- Interior
- 2,590 sqft
- Lot size
- 30,492 sqft
- Acreage
- 0.70 acres
- Garage
- 4 car
- Days on market
- 129
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $3,742/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- None listed
- Exposure
- West
- 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.
We rate a home against recently SOLD homes within ~1 mile that match on size, beds/baths, and age. This home doesn't have enough close comparables in the last 12 months for a reliable read, ask Rick for a personalized CMA.
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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 $32,600 (10.9%) from the original list price.
| May 21, 2026 | Price reducedfrom $279,900 | $267,300 |
| Jan 12, 2026 | Listed | $299,900 |
The good, the trade-offs & the location
- Built 2026 — post-2002 Florida wind codes (typically lower insurance)
- 4-car garage
- In a higher-risk flood zone (AE) — flood insurance likely required
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.