$340,500
3 Bed SingleFamilyResidence for Sale in Cape Coral
1001 NE 5th Avenue, Cape Coral, FL, 33909
About this home
Newly constructed - Modern Living in NE Cape Coral - City water Discover the perfect blend of style and functionality in this beautiful, newly constructed 3-bedroom, 2-bathroom home located in the highly sought-after NE Cape Coral area. Designed with modern living in mind, this residence offers a seamless flow and high-quality finishes throughout. Interior Highlights: Open Living Concept: The main living areas feature durable, easy-to-maintain tile flooring, providing a sleek look and a cool atmosphere. Cozy Bedrooms: Retreat to spacious bedrooms finished with plush new carpeting for ultimate comfort. Elegant Kitchen & Baths: Both the kitchen and bathrooms are outfitted with gorgeous granite countertops, offering a sophisticated touch to your daily routine. Indoor-Outdoor Flow: Elegant French doors lead you from the living space directly to your private lanai, perfect for morning coffee or evening relaxation. Exterior & Mechanicals: Lush Curb Appeal: Enjoy a fresh "new grass" landscaping package, kept vibrant year-round by a digital sprinkler system. Utilities: Peace of mind comes standard with city water already in place. This home represents a fantastic opportunity to own new construction in a quiet, growing neighborhood. Experience the Florida lifestyle at its finest!
Property details
- Type
- SingleFamilyResidence
- Year built
- 2026
- Interior
- 1,540 sqft
- Lot size
- 10,018.8 sqft
- Acreage
- 0.23 acres
- Garage
- 2 car
- Days on market
- 164
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $4,767/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
- Assessment Unpaid
- Sewer
- Assessment Unpaid
- New construction
- Yes
- 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 10 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 |
|---|---|---|---|---|---|
| 1011 NE 4th Avenue | Jun 2026 | $345,000 | 3/2 | 1,672 | $206 |
| 1002 NE 7th Avenue | Jun 2026 | $360,000 | 3/2 | 1,630 | $221 |
| 618 NE 12th Street | Jul 2026 | $370,000 | 3/3 | 1,621 | $228 |
| 1034 Andalusia Boulevard | Apr 2026 | $295,000 | 3/2 | 1,466 | $201 |
| 317 Tropicana Parkway | Dec 2025 | $345,000 | 3/2 | 1,431 | $241 |
| 313 Tropicana Parkway | Dec 2025 | $335,000 | 3/2 | 1,431 | $234 |
| Average | 6 comps | $341,667 | $222 |
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 $29,000 (7.8%) from the original list price.
| Jun 11, 2026 | Price reducedfrom $369,500 | $340,500 |
| Feb 8, 2026 | Listed | $369,500 |
The good, the trade-offs & the location
- Built 2026 — post-2002 Florida wind codes (typically lower insurance)
- New construction
- 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.