3 Bed 2.5 Bath Pool Waterfront SingleFamilyResidence for Sale in CAPE CORAL, FL
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SoldMLS# 2026024357

$669,900

3 Bed 2.5 Bath Pool Waterfront SingleFamilyResidence for Sale in CAPE CORAL, FL

3538 SE 1st Place, Cape Coral, FL, 33904

3 beds2.5 baths2,293 sqft3 garage
GatedBoatingWaterfront

About this home

Welcome to this exceptional Gulf Access waterfront home situated on an oversized 0.36-acre homesite with all assessments paid. Offering 2,293 square feet of thoughtfully designed living space, with 3 bedrooms, 2.5 bathrooms, and an open-concept floor plan ideal for both everyday living and entertaining. The spacious kitchen is a chef’s delight, showcasing updated granite countertops, a stylish backsplash, abundant cabinetry, and plenty of workspace. The generously sized bedrooms provide comfort and privacy, with ample closet space throughout. Recent upgrades offer peace of mind, including a new roof (2020), new A/C system (2023), whole-house generator (2020). The solar-heated pool allows for year-round enjoyment while helping reduce energy costs. Outdoor living takes center stage with an expansive screened lanai and pool area complete with a convenient pool bath—perfect for hosting family and friends. Boating enthusiasts will appreciate the 10,000-pound boat lift and direct Gulf access, providing endless opportunities to explore the beautiful waterways of Southwest Florida. The oversized, fully fenced yard offers added privacy and security while creating the perfect space for pets and outdoor activities. A spacious 3-car garage provides ample room for vehicles, storage, and hobbies. Additionally, the air-conditioned man cave offers incredible flexibility and could easily be transformed into a home office, fitness room, guest suite, or mother-in-law quarters. Don’t miss this opportunity to own your own slice of paradise in Cape Coral.

Property details

Type
SingleFamilyResidence
Year built
1998
Interior
2,293 sqft
Lot size
15,463.8 sqft
Acreage
0.35 acres
Garage
3 car
Days on market
1
Total association fees
None
CDD
None
Est. taxes (1.4%)
$9,379/yr
Flood zone (area est.)
No · Low risk (X)
Storm protection
None listed
Exposure
West
Waterfront
Yes
Gulf access
Yes
Gulf access type
Direct — no bridges
Pool
Yes
Spa
No
Natural gas
No
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.

Below marketThis home is priced below comparable recent sales — a potential value.
This home
$292/sqft
Comp median
$321/sqft
Difference
-9%

Based on the $/sqft of 4 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.

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Your notes on this home

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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
115 SE 39th StreetMar 2026$755,0004/32,296$329
228 SE 31ST TerraceApr 2026$677,5004/32,481$273
249 SW 37th LaneAug 2025$760,0003/32,162$352
113 SE 28th TerraceDec 2025$715,0003/22,281$313
Average4 comps$726,875$317

Market trends — Cape Coral

Median list
$399,999
Median $/sqft
$234
Median sold (90d)
$384,900
Avg days on market
93
Active listings
2,525
Median sold price · Cape Coral
$382,000last 3 months7% vs $356,900 prior 3 months
Median closed price by month · Cape Coral
2.6% MoM11.3% YoY
$340k$368k$395kJul ’25Jul ’26
$395,000Jul ’26 · 314 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

Jul 17, 2026Sold$669,900
Jun 5, 2026Listed$669,900

The good, the trade-offs & the location

Pros
  • Lower flood risk (zone X)
  • Private pool
  • Gulf access (Direct — no bridges)
  • 3-car garage
Consider
  • Built 1998 — pre-2002 construction may carry older wind codes and higher insurance
Location convenienceHigh
Hospital
3.7 mi
Cape Coral Hospital
Beach
9.3 mi
Fort Myers Beach
Airport
6.7 mi
Page Field (Fort Myers)
Shopping
4.8 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.