3 Bed SingleFamilyResidence for Sale in Cape Coral
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SoldMLS# 2026023311

$320,000

3 Bed SingleFamilyResidence for Sale in Cape Coral

511 SE 24th Street, Cape Coral, FL, 33990

3 beds2 baths2,043 sqft2 garage
Gated

About this home

CENTRAL SE CAPE CORAL HOME WITH NEWER ROOF, NO FLOOD ZONE & ROOM FOR A POOL! Discover an excellent opportunity in the heart of Southeast Cape Coral! Ideally located in a quiet, established neighborhood, this spacious home offers convenient access to Fort Myers via the Midpoint Bridge, nearby shopping and dining at The Shops at Midpoint Center, and the everyday convenience of a desirable central Cape Coral location. Beautiful curb appeal welcomes you with mature tropical landscaping and tall palm trees lining the driveway. Inside, the home features soaring ceilings, abundant natural light, and tile flooring throughout the main living areas, creating a bright and open feel. The spacious kitchen includes updated stainless steel appliances, ample cabinetry, and a functional layout with plenty of storage and prep space. The desirable split-bedroom floor plan offers privacy and comfort, while the large primary suite features dual closets and a spacious bathroom with excellent potential to personalize and update to your style. One of the home’s standout features is the expansive screened lanai, accessible from the living room, dining room, and primary suite. This generous outdoor living space is ideal for relaxing, entertaining, or enjoying the Florida breeze throughout the year. The well-maintained backyard includes a mango tree and avocado tree, bringing a touch of tropical Florida living right to your home. With plenty of room to add a custom pool and outdoor oasis, this property offers exciting future potential for buyers looking to create their ideal Southwest Florida retreat. Important updates are already in place, including a newer roof installed in 2023, newer hot water heater installed in 2024, and newer kitchen appliances. Even better, the home is located outside of a designated flood zone, offering additional peace of mind. Whether you are searching for a primary residence, seasonal home, or centrally located Cape Coral property with room to add value, this home offers space, location, and opportunity at an attractive price point. Schedule your private showing today and see the potential of this centrally located SE Cape Coral home!

Property details

Type
SingleFamilyResidence
Year built
1992
Interior
2,043 sqft
Lot size
11,369.16 sqft
Acreage
0.26 acres
Garage
2 car
Days on market
16
Total association fees
None
CDD
None
Est. taxes (1.4%)
$4,480/yr
Flood zone (area est.)
No · Low risk (X)
Storm protection
None listed
Exposure
North
Waterfront
No
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
Public
Sewer
Public Sewer
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
$157/sqft
Comp median
$183/sqft
Difference
-14%

Based on the $/sqft of 7 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
620 SE 22nd StreetNov 2025$250,5003/21,921$130
628 SE 21st LaneJul 2026$399,0003/22,164$184
306 SE 21st LaneMar 2026$350,0003/21,913$183
166 SE 20th StreetJan 2026$290,0003/21,871$155
3007 Academy BoulevardDec 2025$375,0003/21,914$196
2525 Shelby ParkwayApr 2026$355,0004/21,976$180
Average6 comps$336,583$171

Market trends, Cape Coral

Median list
$399,900
Median $/sqft
$233
Median sold (90d)
$390,000
Avg days on market
95
Active listings
2,486
Median sold price · Cape Coral
$390,000last 3 months9.3% vs $356,900 prior 3 months
Median closed price by month · Cape Coral
7.1% MoM18.3% YoY
$340k$380k$420kJul ’25Aug ’26
$420,000Aug ’26 · 196 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 $5,000 (1.6%) from the original list price.

Jul 31, 2026Sold$315,000
May 26, 2026Listed$320,000

The good, the trade-offs & the location

Pros
  • Lower flood risk (zone X)
  • 2-car garage
Consider
  • Built 1992 — pre-2002 construction may carry older wind codes and higher insurance
Location convenienceHigh
Hospital
2.1 mi
Cape Coral Hospital
Beach
10.8 mi
Fort Myers Beach
Airport
6.4 mi
Page Field (Fort Myers)
Shopping
3.3 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.