$669,900
3 Bed 2.5 Bath Pool Waterfront SingleFamilyResidence for Sale in CAPE CORAL, FL
3538 SE 1st Place, Cape Coral, FL, 33904
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.
Based on the $/sqft of 4 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 |
|---|---|---|---|---|---|
| 115 SE 39th Street | Mar 2026 | $755,000 | 4/3 | 2,296 | $329 |
| 228 SE 31ST Terrace | Apr 2026 | $677,500 | 4/3 | 2,481 | $273 |
| 249 SW 37th Lane | Aug 2025 | $760,000 | 3/3 | 2,162 | $352 |
| 113 SE 28th Terrace | Dec 2025 | $715,000 | 3/2 | 2,281 | $313 |
| Average | 4 comps | $726,875 | $317 |
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
| Jul 17, 2026 | Sold | $669,900 |
| Jun 5, 2026 | Listed | $669,900 |
The good, the trade-offs & the location
- Lower flood risk (zone X)
- Private pool
- Gulf access (Direct — no bridges)
- 3-car garage
- Built 1998 — 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.