$600,000
3 Bed 2 Bath Pool Waterfront SingleFamilyResidence for Sale in CAPE CORAL, FL
1112 SE 31st Street, Cape Coral, FL, 33904
About this home
NO FLOOD ZONE – NO FLOOD INSURANCE NEEDED – NO HOA! Waterfront living in Florida without the stress! Experience luxury Gulf-access living in this newly renovated, fully turnkey home along the peaceful Riverhead Canal. With no HOA fees, no rental restrictions, and strong past rental income, this property is a fantastic investment opportunity. Enjoy low taxes, city water & sewer, and the peace of mind of being completely outside a flood zone — plus, NO DAMAGE FROM ANY HURRICANES EVER! Step inside to an open-concept living and dining area, perfect for relaxing between income-producing bookings. Highlights include: New roof (2021) and impact-resistant doors, windows, and garage door Updated kitchen with high-end appliances, sleek finishes, and breakfast bar Brand-new heated saltwater pool (2023) with waterfall feature, LED lighting, and smart control system New patio overlooking the canal Freshly paved driveway, lush tropical landscaping, and timeless Florida curb appeal Centrally located near Sanibel, Fort Myers, and Naples beaches, this home blends effortless luxury with unbeatable convenience. Whether you’re seeking a high-performing vacation rental or a personal waterfront retreat, this one checks every box. Schedule your showing today—this is the Florida lifestyle at its best!
Property details
- Type
- SingleFamilyResidence
- Year built
- 1979
- Interior
- 1,535 sqft
- Lot size
- 10,410.84 sqft
- Acreage
- 0.24 acres
- Garage
- 2 car
- Days on market
- 31
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $8,400/yr
- Flood zone (area est.)
- No · Low risk (X)
- Storm protection
- Impact Windows/Doors
- Exposure
- South
- Waterfront
- Yes
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- Yes
- Spa
- No
- Natural gas
- Yes
- Water
- Assessment Paid
- Sewer
- Assessment Paid
- 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 3 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 |
|---|---|---|---|---|---|
| 1121 SE 29th Terrace | Oct 2025 | $555,000 | 3/2 | 1,635 | $339 |
| 2903 SE 10th Avenue | May 2026 | $571,000 | 3/3 | 1,725 | $331 |
| 1119 SE 28th Terrace | Jul 2026 | $590,000 | 3/2 | 1,620 | $364 |
| Average | 3 comps | $572,000 | $345 |
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 $20,000 (3.3%) from the original list price.
| Dec 10, 2025 | Sold | $580,000 |
| Oct 22, 2025 | Listed | $600,000 |
The good, the trade-offs & the location
- Lower flood risk (zone X)
- Private pool
- Waterfront
- Storm protection: Impact Windows/Doors
- 2-car garage
- Built 1979 — pre-2002 construction may carry older wind codes and higher insurance
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.