3 Bed 2 Bath Pool Waterfront SingleFamilyResidence for Sale in CAPE CORAL, FL
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SoldMLS# 225059173

$619,000

3 Bed 2 Bath Pool Waterfront SingleFamilyResidence for Sale in CAPE CORAL, FL

1415 NW 38th Avenue, Cape Coral, FL, 33993

3 beds2 baths1,832 sqft2 garage
BoatingWaterfront

About this home

Step into your very own waterfront paradise with this beautifully updated Gulf access 3-bedroom, 2-bathroom home, packed with luxury features and upgrades. Nestled on an oversized pie-shaped lot with 146 feet of water frontage, this residence offers spectacular views of a nearly 400-foot-wide intersecting canal basin—all visible through the brand-new panoramic screen enclosure (2024). Enjoy your morning coffee or evening cocktail from the spacious lanai, where peace and breathtaking beauty are part of your daily routine. Boating enthusiasts will fall in love with the 110-foot Trex composite dock and Captain's walk, built for durability and carefree maintenance. The boat lift, complete with new aluminum bunks, GEM remote, and a new canopy (2024), provides easy access to the water so you can be cruising to Sanibel, Cayo Costa, Boca Grande, or Matlacha Pass in just minutes. There's only one bridge out, making your journey to waterfront restaurants, secluded beaches, and world-class fishing smooth and enjoyable. Inside, the home boasts a spacious open-concept layout with a great room, dining area, and a sleek, modern kitchen that’s perfect for entertaining. The kitchen features granite countertops, stainless steel appliances, and new dishwasher and microwave. A whole-house reverse osmosis system with a new membrane and pump ensures exceptional water quality throughout. Additional updates include a new metal roof (2023), new AC (2022), new pool heater (2023), and new remote-controlled ceiling fans in the living area, enhancing both comfort and peace of mind. Enjoy the beauty of tile floors throughout, 9.3-foot ceilings, and large pocket sliders that bring the outdoors in from both the living room and master suite. The second bathroom provides convenient direct pool access. The master bath features a double vanity, walk-in closet, and luxurious jetted tub, perfect for winding down with a book or glass of wine. Or take relaxation to the next level in your private 4-person hot tub, included with the home. This home sits high and dry, has never flooded, and includes an assumable flood insurance policy at only $658 per year—a rare and valuable benefit in a waterfront home. Watch manatees and dolphins from your dock, fish off the back of your property, or simply enjoy the peaceful water views from nearly every room. Located in the quiet and desirable NW Cape Coral, this property is close to the exciting Seven Islands Project, and other projects in the works which promises even more recreational and lifestyle amenities in the future. Despite its tucked-away feel, you're just minutes from shopping, restaurants, and all the conveniences you need. Whether you're looking for a full-time residence or a luxurious coastal retreat, this home offers the best of Florida waterfront living. More than just a property—it's a lifestyle. Seller's are motivated!!

Property details

Type
SingleFamilyResidence
Year built
1998
Interior
1,832 sqft
Lot size
12,763.08 sqft
Acreage
0.29 acres
Garage
2 car
Days on market
74
Total association fees
None
CDD
None
Est. taxes (1.4%)
$8,666/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
None listed
Exposure
Southeast
Waterfront
Yes
Gulf access
No
Gulf access type
N/A
Pool
Yes
Spa
Yes
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.

Above marketThis home is priced above comparable recent sales.
This home
$338/sqft
Comp median
$268/sqft
Difference
+26%

Based on the $/sqft of 7 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.

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Your notes on this home

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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
3914 Gulfstream ParkwayOct 2025$500,0003/21,931$259
1020 NW 33RD PlaceJul 2026$489,0003/21,824$268
829 NW 33rd PlaceOct 2025$485,0003/21,918$253
1716 Burnt Store RoadMar 2026$749,7003/31,967$381
1220 NW 30th PlaceOct 2025$560,0003/21,940$289
2021 NW 41st AvenueMar 2026$480,0003/21,804$266
Average6 comps$543,950$286

Market trends — Cape Coral

Median list
$399,999
Median $/sqft
$234
Median sold (90d)
$384,900
Avg days on market
93
Active listings
2,525
Median sold price · Cape Coral
$382,000last 3 months7% vs $356,900 prior 3 months
Median closed price by month · Cape Coral
2.6% MoM11.3% YoY
$340k$368k$395kJul ’25Jul ’26
$395,000Jul ’26 · 314 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 $54,000 (8.3%) from the original list price.

Oct 24, 2025Sold$595,000
Aug 14, 2025Price reducedfrom $639,000$619,000
Jun 27, 2025Listed$649,000

The good, the trade-offs & the location

Pros
  • Private pool
  • Waterfront
  • 2-car garage
Consider
  • Built 1998 — pre-2002 construction may carry older wind codes and higher insurance
  • In a higher-risk flood zone (AE) — flood insurance likely required
Location convenienceHigh
Hospital
7.3 mi
Cape Coral Hospital
Beach
16.8 mi
Sanibel Island
Airport
13.3 mi
Page Field (Fort Myers)
Shopping
7.2 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.