3 Bed SingleFamilyResidence for Sale in Cape Coral
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SoldMLS# 226003448

$309,900

3 Bed SingleFamilyResidence for Sale in Cape Coral

501 NW 3rd Street, Cape Coral, FL, 33993

3 beds2 baths1,433 sqft2 garage
Gated

About this home

CITY WATER/SEWER (NO WELL/SEPTIC) • 2021 METAL ROOF • RARE TRIPLE LOT (0.34 AC) • ICF CONSTRUCTION • IMPACT WINDOWS • FLOOD ZONE X—NO FLOOD INSURANCE REQUIRED • LVP THROUGHOUT Built in 2019, this impressive residence sits on a rare TRIPLE LOT (oversized 0.34 acres), delivering exceptional space, privacy, and abundant room for a custom pool. A major upgrade buyers notice immediately: Luxury Vinyl Plank (LVP) flooring—(luxury vinyl plank)—runs throughout the entire home, offering a clean, modern look with durability that’s ideal for Florida living. Constructed with ICF (Insulated Concrete Forms), the home stands out for its strength, energy efficiency, and noise reduction—quality build features that can also support lower insurance costs. Peace of mind continues with a 2021 metal roof and impact windows. The value equation gets even better with CITY WATER & SEWER (no well/septic concerns) and Flood Zone X, meaning flood insurance is not required—often translating to meaningful annual savings. Inside, a bright Great Room with soaring volume ceilings and an elegant tray ceiling opens to an entertainer-friendly kitchen with granite countertops, a large peninsula, and stainless steel Samsung appliances. The split-bedroom layout enhances privacy for the primary suite, complete with a walk-in closet and ensuite bath. With zero HOA fees (boat/RV-friendly), an interior laundry under air (not in the garage), move-in ready condition, and a desirable Unit 37 location, this home offers a rare combination of space, construction quality, and cost-saving features in one package.

Property details

Type
SingleFamilyResidence
Year built
2019
Interior
1,433 sqft
Lot size
14,984.64 sqft
Acreage
0.34 acres
Garage
2 car
Days on market
35
Total association fees
None
CDD
None
Est. taxes (1.4%)
$4,339/yr
Flood zone (area est.)
No · Low risk (X)
Storm protection
Impact Windows/Doors
Exposure
North
Waterfront
No
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
Assessment Unpaid
Sewer
Assessment Unpaid
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.

Below marketThis home is priced below comparable recent sales, a potential value.
This home
$216/sqft
Comp median
$242/sqft
Difference
-11%

Based on the $/sqft of 8 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.

AddressSoldSold priceBeds/BathsSq ft$/sqft
315 NW 3rd LaneMar 2026$355,0003/21,490$238
800 NW 3rd AvenueJun 2026$334,9993/21,368$245
223 NW 8th TerraceOct 2025$302,5003/21,505$201
431 NE Juanita CourtJul 2026$324,0003/31,310$247
621 NE Juanita PlaceApr 2026$350,0003/21,400$250
18 Tropicana ParkwayAug 2026$320,0003/21,457$220
Average6 comps$331,083$234

Market trends, Cape Coral Mobile Home Estates

Median list
$410,830
Median $/sqft
$219
Median sold (90d)
$420,000
Avg days on market
96
Active listings
38
Median sold price · Cape Coral Mobile Home Estates
$411,000last 3 months11.1% vs $369,950 prior 3 months

Live community medians from the MLS · see all listings. Indicative, not an appraisal.

Price & status history

Down $9,900 (3.2%) from the original list price.

Mar 12, 2026Sold$300,000
Jan 26, 2026Listed$309,900

The good, the trade-offs & the location

Pros
  • Built 2019 — post-2002 Florida wind codes (typically lower insurance)
  • Lower flood risk (zone X)
  • Storm protection: Impact Windows/Doors
  • 2-car garage
Location convenienceHigh
Hospital
3 mi
Cape Coral Hospital
Beach
14.3 mi
Fort Myers Beach
Airport
9 mi
Page Field (Fort Myers)
Shopping
2.8 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.