3 Bed SingleFamilyResidence Sold in Cape Coral
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SoldMLS# 2026022003

$285,000

3 Bed SingleFamilyResidence Sold in Cape Coral

507 NE 7th Avenue, Cape Coral, FL, 33909

3 beds2 baths1,505 sqft2 garage
Gated

About this home

Welcome to 507 NE 7th Ave Discover your next home in the highly desirable and rapidly growing community of Northeast Cape Coral. This beautifully designed residence offers 1,505 square feet of climate-controlled living space, expanding to a generous 2,005 total square feet that includes an inviting open lanai and a spacious two-car garage. The thoughtful three-bedroom, two-bathroom layout seamlessly accommodates modern living, complete with a dedicated in-house laundry room for added convenience. At the heart of the home, the kitchen comes fully equipped with sleek stainless steel appliances. Outside, excellent curb appeal awaits with a fully landscaped front yard, paved driveway, and welcoming walkway. Ideally situated, this property provides effortless access to local restaurants, medical facilities, excellent schools, and nearby parks. Don't miss this exceptional opportunity to own a beautiful home in a prime, up-and-coming location.

Property details

Type
SingleFamilyResidence
Year built
2022
Interior
1,505 sqft
Lot size
10,018.8 sqft
Acreage
0.23 acres
Garage
2 car
Days on market
82
Total association fees
None
CDD
None
Est. taxes (1.4%)
$3,990/yr
Flood zone (area est.)
No · Low risk (X)
Storm protection
Impact Windows/Doors
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
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.

At marketThis home is priced in line with comparable recent sales.
This home
$189/sqft
Comp median
$201/sqft
Difference
-6%

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.

AddressSoldSold priceBeds/BathsSq ft$/sqft
230 NE 9th AvenueDec 2025$260,0003/21,522$171
1034 Andalusia BoulevardApr 2026$295,0003/21,466$201
431 NE Juanita CourtJul 2026$324,0003/31,310$247
Average3 comps$293,000$206

Market trends, Cape Coral

Median list
$399,000
Median $/sqft
$233
Median sold (90d)
$382,000
Avg days on market
91
Active listings
2,483
Median sold price · Cape Coral
$380,575last 3 months3.4% vs $368,000 prior 3 months
Median closed price by month · Cape Coral
7.6% MoM0.3% YoY
$340k$365k$390kJul ’25Sep ’26
$351,000Sep ’26 · 158 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 $23,900 (7.7%) from the original list price.

Sep 7, 2026Sold$285,000
Jul 31, 2026Back on market
Jun 8, 2026Price reducedfrom $298,900$285,000
May 14, 2026Listed$308,900

The good, the trade-offs & the location

Pros
  • Built 2022 — post-2002 Florida wind codes (typically lower insurance)
  • Lower flood risk (zone X)
  • Storm protection: Impact Windows/Doors
  • 2-car garage
Location convenienceHigh
Hospital
2.2 mi
Cape Coral Hospital
Beach
14.5 mi
Fort Myers Beach
Airport
7.9 mi
Page Field (Fort Myers)
Shopping
1.4 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.