$195,000
3 Bed SingleFamilyResidence Sold in Cape Coral
1201 Alabar Lane, Cape Coral, FL, 33909
About this home
Charming and full of potential, this single-family home is perfectly positioned in the heart of Cape Coral’s desirable 33909 corridor. Offering 3 bedrooms, 1 bathroom, and a functional ranch-style layout, this property delivers comfortable living spaces along with endless possibilities for renovation, expansion, or investment opportunity. Situated on an oversized lot, there’s plenty of room to create your ideal outdoor space, add improvements, or simply enjoy the extra privacy and flexibility. The property also features an oversized detached 2-car garage, providing ample space for vehicles, storage, a workshop, or hobby space — a rare and valuable addition with endless versatility. Built with classic Florida construction and believed to feature durable concrete block construction with a slab foundation, this home combines timeless character with solid fundamentals. Major updates have already been completed for peace of mind, including a 2018 roof, 2018 AC system, newer water heater (approximately 4 years old), well pump replaced 6 years ago, and the septic system was recently pumped just 4 months ago. Conveniently located near schools, shopping, dining, and major roadways, this property offers excellent accessibility within one of Cape Coral’s steadily growing residential areas. Best of all, with no HOA restrictions, homeowners and investors alike will appreciate the freedom and versatility this property provides. Whether you’re searching for a primary residence, seasonal getaway, rental investment, or renovation project, this is a fantastic opportunity to own in an established Cape Coral neighborhood with strong long-term potential.
Property details
- Type
- SingleFamilyResidence
- Year built
- 1958
- Interior
- 1,080 sqft
- Lot size
- 10,890 sqft
- Acreage
- 0.25 acres
- Garage
- 2 car
- Days on market
- 20
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $2,730/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 6 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.
Seeing several homes? Build a tour and we'll route it for you.
Your notes on this home
Keep private notes on this home, what you love, what to ask about, saved to your account and shared with your agent.
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 |
|---|---|---|---|---|---|
| 1717 NE 6th Terrace | Jul 2026 | $222,000 | 2/2 | 1,111 | $200 |
| 950 Hancock Creek South Boulevard 511 | Dec 2025 | $185,000 | 3/2 | 1,111 | $167 |
| 950 Hancock Creek South Boulevard 124 | Jun 2026 | $150,000 | 2/2 | 978 | $153 |
| 1329 NE 21st Avenue | Oct 2025 | $237,500 | 3/2 | 1,116 | $213 |
| 1113 Winding Pines Circle 205 | Aug 2026 | $210,000 | 2/2 | 1,248 | $168 |
| 1113 Winding Pines Circle 203 | Jun 2026 | $210,000 | 2/2 | 1,248 | $168 |
| Average | 6 comps | $202,417 | $178 |
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 $16,000 (7.7%) from the original list price.
| Jul 6, 2026 | Sold | $193,000 |
| Jun 3, 2026 | Price reducedfrom $204,000 | $195,000 |
| May 16, 2026 | Listed | $209,000 |
The good, the trade-offs & the location
- Lower flood risk (zone X)
- 2-car garage
- Built 1958 — 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.
Similar homes nearby
$195,000
MLS# 226024598372 Santa Fe Trail, North Fort Myers, FL, 33917
$174,900
MLS# 2026012592312 Nicklaus Boulevard, North Fort Myers, FL, 33903
$170,000
MLS# 2026032489820 Peaceful Drive, North Fort Myers, FL, 33917
$180,000
MLS# 2026018264950 Hancock Creek South Boulevard 423, Cape Coral, FL, 33909
$165,900
MLS# 20260040581104 SE 8th Street 7, Cape Coral, FL, 33990
$220,000
MLS# 2026018083216 Shrub Lane, North Fort Myers, FL, 33917
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.