3 Bed SingleFamilyResidence for Sale in Cape Coral
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For SaleMLS# 2026029139

$275,000

3 Bed SingleFamilyResidence for Sale in Cape Coral

507 Diplomat Parkway, Cape Coral, FL, 33909

3 beds2 baths1,454 sqft2 garage
Gated

About this home

PRICE IMPROVEMENT & SELLER INCENTIVE! Seller is offering $7,000 toward Buyer’s closing costs and will pay off any pending assessments at closing. NOT located in a flood zone! Centrally located with convenient access to shopping, restaurants, schools, and major roadways. This 1,454 sq. ft. home features 3 bedrooms, 2 bathrooms, and a versatile den ideal for a home office or guest room. The open-concept layout includes an oversized kitchen island with black marble countertops, stainless steel appliances, and modern porcelain tile flooring throughout, installed in 2023. Additional upgrades include a new roof and A/C system, both installed in 2023. Connected to municipal water. A great opportunity for a primary residence or investment!

Property details

Type
SingleFamilyResidence
Year built
2006
Interior
1,454 sqft
Lot size
10,018.8 sqft
Acreage
0.23 acres
Garage
2 car
Days on market
54
Total association fees
None
CDD
None
Est. taxes (1.4%)
$3,850/yr
Flood zone (area est.)
Not available
Storm protection
Shutters
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
At marketThis home is priced in line with comparable recent sales.
This home
$189/sqft
Comp median
$197/sqft
Difference
-4%

Based on the $/sqft of 13 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
1723 NE 2nd PlaceMay 2026$290,0004/21,584$183
1213 NE 6th AvenueApr 2026$242,0003/21,472$164
905 NE 17th StreetAug 2026$285,0003/21,557$183
1310 NE 2nd PlaceJan 2026$275,0003/21,306$211
1100 NE 15th StreetJun 2026$316,0003/21,290$245
1026 NE 3rd AvenueOct 2025$260,0003/21,499$173
Average6 comps$278,000$193

Market trends, Cape Coral

Median list
$399,000
Median $/sqft
$232
Median sold (90d)
$385,000
Avg days on market
94
Active listings
2,481
Median sold price · Cape Coral
$385,000last 3 months7.2% vs $359,000 prior 3 months
Median closed price by month · Cape Coral
1.3% MoM8.4% YoY
$340k$365k$390kJul ’25Aug ’26
$384,750Aug ’26 · 413 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 $5,000 (1.8%) from the original list price.

Aug 28, 2026Price reducedfrom $280,000$275,000
Jul 7, 2026Listed$280,000

The good, the trade-offs & the location

Pros
  • Built 2006 — post-2002 Florida wind codes (typically lower insurance)
  • Storm protection: Shutters
  • 2-car garage
Location convenienceHigh
Hospital
3.6 mi
Cape Coral Hospital
Beach
15.9 mi
Fort Myers Beach
Airport
9 mi
Page Field (Fort Myers)
Shopping
2.6 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.