$369,900
3 Bed SingleFamilyResidence for Sale in Cape Coral
324 NW 1st Place, Cape Coral, FL, 33993
About this home
READY NOW! Welcome to The Drexel, a charming home nestled in the beautiful and vibrant community of Cape Coral, FL. Known for its sunny climate, scenic canals, and family-friendly atmosphere, Cape Coral offers a relaxed yet active lifestyle with plenty of outdoor activities, shopping, dining, and parks. This thoughtfully designed home blends elegance with comfort, offering everything you need for modern family living. Upon entry, the foyer leads you past the second & third bedrooms and bathroom, guiding you into the open-concept living space. The island kitchen, featuring an eating bar for casual meals, granite countertops, and shaker cabinets, flows seamlessly into the bright breakfast nook—a perfect spot to enjoy the morning sun. The inviting great room offers a spacious, open layout, with a den featuring double French doors, ideal for a home office or any space that suits your needs. The primary suite serves as a luxurious retreat, complete with a spa-inspired bath and a large walk-in closet. With 9' ceilings, a stunning Tray Ceiling, and ceramic tile flooring throughout, The Drexel is both beautiful and functional. Energy-efficient features, including Energy STAR qualified windows, low-emissivity glass, a smart thermostat, and Deako light switches, ensure year-round comfort. Step outside to the rear covered patio, perfect for outdoor relaxation. Additional highlights include architectural shingles, hurricane shutters, and an irrigation system to maintain your landscaping. The Drexel offers the perfect living space for anyone.
Property details
- Type
- SingleFamilyResidence
- Year built
- 2025
- Interior
- 1,988 sqft
- Lot size
- 10,018.8 sqft
- Acreage
- 0.23 acres
- Garage
- 2 car
- Days on market
- 464
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $5,179/yr
- Flood zone (area est.)
- No · Low risk (X)
- Storm protection
- None listed
- Exposure
- West
- Waterfront
- No
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- No
- Spa
- No
- Natural gas
- No
- Water
- Public
- Sewer
- Public Sewer
- 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 |
|---|---|---|---|---|---|
| 211 NW 4th Street | Sep 2025 | $360,000 | 3/2 | 2,067 | $174 |
| 118 NW 1st Place | Oct 2025 | $373,150 | 4/2 | 1,809 | $206 |
| 405 NW Juanita Court | Feb 2026 | $353,000 | 4/2 | 1,829 | $193 |
| 454 NE Juanita Court | Nov 2025 | $415,000 | 3/3 | 1,927 | $215 |
| 412 NW 4th Street | Mar 2026 | $354,000 | 4/2 | 1,829 | $194 |
| 114 NW 6th Terrace | Sep 2025 | $364,990 | 4/2 | 1,829 | $200 |
| Average | 6 comps | $370,023 | $197 |
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 $130,000 (26%) from the original list price.
| Apr 21, 2026 | Price reducedfrom $399,900 | $369,900 |
| Jan 17, 2025 | Listed | $499,900 |
The good, the trade-offs & the location
- Built 2025 — 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.