$319,990
3 Bed SingleFamilyResidence for Sale in Cape Coral
2232 NW 5th Street, Cape Coral, FL, 33993
About this home
NEW CONSTRUCTION WITH WARRANTY! The Palm delivers 1,550 sq ft of living space featuring a large Great Room under a vaulted ceiling and the private covered lanai just outside the sliding glass doors, perfect for indoor-outdoor entertaining. At the heart of this open floor plan, the kitchen boasts a freestanding island and walk-in pantry next to the dining room with a tray ceiling that's filled with natural light. The primary suite features a walk-in closet and bathroom with a dual-sink vanity, shower, and extra storage in the linen closet. This home boasts hurricane-impact windows and doors, designer cabinetry in the kitchen and bathrooms, Quartz countertops, stainless steel appliances, upgraded plank tile flooring in main living areas, paver driveway, and an attached two-car garage. Renderings, photos & virtual tour are of a like model and are used for display purposes only. Colors and finishes may vary. Renderings, photos & virtual tour are of a like model and are used for display purposes only. Colors and finishes may vary. Builder Incentive available towards closings costs, pre-paids, or rate buy down using a preferred lender and CAH-Title.
Property details
- Type
- SingleFamilyResidence
- Year built
- 2025
- Interior
- 1,550 sqft
- Lot size
- 10,018.8 sqft
- Acreage
- 0.23 acres
- Garage
- 2 car
- Days on market
- 17
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $4,480/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- Impact Windows/Doors
- Exposure
- South
- 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 4 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 |
|---|---|---|---|---|---|
| 2114 NW 6th Terrace | Sep 2025 | $335,000 | 3/2 | 1,362 | $246 |
| 2032 NW 4th Terrace | Jan 2026 | $293,000 | 3/2 | 1,550 | $189 |
| 2201 NW 7th Street | Feb 2026 | $300,000 | 3/2 | 1,552 | $193 |
| 226 El Dorado Boulevard | Nov 2025 | $335,000 | 4/3 | 1,683 | $199 |
| Average | 4 comps | $315,750 | $207 |
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 $7,000 (2.1%) from the original list price.
| Nov 12, 2025 | Sold | $319,990 |
| Sep 19, 2025 | Price reducedfrom $323,990 | $319,990 |
| Sep 9, 2025 | Listed | $326,990 |
The good, the trade-offs & the location
- Built 2025 — post-2002 Florida wind codes (typically lower insurance)
- Storm protection: Impact Windows/Doors
- 2-car garage
- In a higher-risk flood zone (AE) — flood insurance likely required
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
$345,000
MLS# 2260250521829 NW 15th Street, Cape Coral, FL, 33993
$330,000
MLS# 2026035230212 NW 28th Terrace, Cape Coral, FL, 33993
$264,900
MLS# 20260331542725 NW 19th Place, Cape Coral, FL, 33993
$313,452
MLS# 20260351911812 SW 32nd Street, Cape Coral, FL, 33914
$359,000
MLS# 20260165282525 NW 21st Avenue, Cape Coral, FL, 33993
$372,990
MLS# 2026034975617 SW 11th Place, Cape Coral, FL, 33991
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.