$520,000
3 Bed Pool Home for Sale in Cape Coral
2828 NW 5th Terrace, Cape Coral, FL, 33993
About this home
Brand New Construction on a Rare Triple Lot in Cape Coral! Welcome to this stunning new construction home offering 1,745 sqft of living area, thoughtfully designed with 3 bedrooms + den and 3 full bathrooms. This property combines modern comfort with exceptional outdoor space, sitting on an oversized triple lot a rare opportunity in Cape Coral. The home features an open-concept layout, a beautiful outdoor kitchen, and a spacious paver patio area perfect for entertaining. Step outside to enjoy the 24' x 14' private pool, ideal for relaxing or hosting family and friends. One of the most unique features of this property is the strategic placement of the home on one side of the lot, allowing full use of the remaining land. The extra space is perfect for RV parking, boat storage, or creating additional recreational areas, making it a great option for Airbnb or vacation rental potential. The property also includes a U-shaped driveway, providing convenient access and the possibility to enter the side lot through a gated fence, maximizing functionality and flexibility. Additional highlights include St. Augustine / Floratam grass landscaping, enhancing the home's curb appeal and outdoor enjoyment. This property offers the perfect combination of modern living, investment potential, and expansive outdoor space in one of Cape Coral’s growing areas
Property details
- Type
- SingleFamilyResidence
- Year built
- 2026
- Interior
- 1,745 sqft
- Lot size
- 14,984.64 sqft
- Acreage
- 0.34 acres
- Garage
- 2 car
- Days on market
- 6
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $7,280/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
- Yes
- Spa
- No
- Natural gas
- No
- Water
- Well
- Sewer
- Septic Tank
- 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 6 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 |
|---|---|---|---|---|---|
| 3007 NW 10th Street | Oct 2025 | $510,000 | 4/3 | 1,735 | $294 |
| 3405 NW 8th Terrace | May 2026 | $452,000 | 3/2 | 1,810 | $250 |
| 1020 NW 33RD Place | Jul 2026 | $489,000 | 3/2 | 1,824 | $268 |
| 415 NW 37TH Avenue | Aug 2026 | $529,690 | 4/3 | 1,840 | $288 |
| 721 NW 37th Avenue | Aug 2026 | $540,000 | 4/3 | 1,931 | $280 |
| 1220 NW 30th Place | Oct 2025 | $560,000 | 3/2 | 1,940 | $289 |
| Average | 6 comps | $513,448 | $278 |
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 $5,000 (1%) from the original list price.
| Apr 28, 2026 | Sold | $515,000 |
| Mar 16, 2026 | Listed | $520,000 |
The good, the trade-offs & the location
- Built 2026 — post-2002 Florida wind codes (typically lower insurance)
- New construction
- Private pool
- 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.
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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.