3 Bed SingleFamilyResidence for Sale in Cape Coral
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For RentMLS# 2026030625

$1,890

3 Bed SingleFamilyResidence for Sale in Cape Coral

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

3 beds2 baths1,502 sqft2 garage
Gated

About this home

Single-family home For Rent. This home features 3 split bedrooms, 2 bathrooms, and a 2 car garage. It is located in a desirable neighborhood of Cape Coral that's close to Pine Island Road. This area has all the amenities that one needs for cozy living - restaurants, shopping, recreation, and more. House features tile throughout. Pets with pre-approval. Application Fee: $69 per applicant (18 years or older). Upon lease signing, $50 from each application fee will be credited toward the tenant’s first month’s rent.

Property details

Type
SingleFamilyResidence
Year built
2022
Interior
1,502 sqft
Lot size
10,018.8 sqft
Acreage
0.23 acres
Garage
2 car
Days on market
0
Total association fees
None
CDD
None
Est. taxes (1.4%)
$26/yr
Flood zone (area est.)
No · Low risk (X)
Storm protection
None listed
Exposure
Northeast
Waterfront
No
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
Public
Sewer
Public Sewer
New construction
No
Pets
Call, Conditional
County
Lee

Amenities

Other

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.

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Market trends, Cape Coral

Median list
$399,900
Median $/sqft
$233
Median sold (90d)
$389,200
Avg days on market
95
Active listings
2,498
Median sold price · Cape Coral
$389,000last 3 months8.4% vs $359,000 prior 3 months
Median closed price by month · Cape Coral
8.4% MoM19.7% YoY
$340k$383k$425kJul ’25Aug ’26
$425,000Aug ’26 · 106 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 $510 (21.2%) from the original list price.

Aug 11, 2026Price reducedfrom $2,400$1,890
Aug 11, 2026Listed$2,400

The good, the trade-offs & the location

Pros
  • Built 2022 — post-2002 Florida wind codes (typically lower insurance)
  • Lower flood risk (zone X)
  • 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.