$1,179,000
3 Bed Pool Home for Sale in Cape Coral
821 NW 38th Avenue, Cape Coral, FL, 33993
About this home
This stunning home is ready for you NOW! No waiting for permits and no additional expenses because this property already features OVER $80,000 in premium dock upgrades; including paver captain's walk, wrap around composite dock, covered boat slip with 10k lb. boat lift, and custom tiki hut for lounging. Experience the best of Southwest Florida waterfront living in this beautifully designed Key Biscayne II model by Frey & Son Homes, built in 2021 and ideally located on the Monamink Canal with only one bridge to the Gulf of Mexico (10' clearance). This stunning 3-bedroom + den, 3-bath home offers 2,321 sq ft of thoughtfully designed living space with an open floor plan perfect for entertaining. The spacious living area features custom accent wall with built-in cabinetry, tray ceilings, and a sliding glass door that fully pocket to create seamless indoor-outdoor living. The gourmet kitchen and custom wine bar flows effortlessly into the main living area and outdoor space, making it ideal for gatherings. Step outside to your private waterfront oasis featuring a saltwater pool with sun shelf and waterfall spa, a picture-window screen enclosure, and a paver lanai with a pool bath. The backyard continues to impress with a composite dock, paver captain’s walk, 12' x 12' tiki hut, and a 10,000 lb speed lift with a 30’ covered slip—perfect for boating enthusiasts. The primary suite offers a sliding glass door overlooking the pool and canal, a tray ceiling, and a custom walk-in closet with built-ins. The luxurious primary bath includes dual sinks, a soaking tub, walk-in shower, and additional storage. The second bedroom is an ensuite with a private bath and walk-in closet, while the third bedroom enjoys beautiful pool and canal views. A bright den with double glass doors provides the perfect office or flex space. Additional features include: wine cooler, custom vinyl plantation shutters and motorized roll-down shades on all windows and doors, motorized hurricane shutter on the lanai window and front door, extra-deep 2-car garage with epoxy flooring, tile roof, mature landscaping for privacy, paver driveway and the lanai is pre-wired and pre-plumbed for an outdoor kitchen. Enjoy abundant Florida wildlife right from your backyard, including nesting eagles, owls, cranes, manatees, dolphins, loads of fish and more. The location is unbeatable—just a short walk to the future 7 Islands Development, Cape Coral’s newest waterfront destination planned to include a marina, resort-style pool, restaurants, hotel, shopping, and entertainment. Whether you are fishing from your dock or just enjoying the sunset, this home truly offers the perfect combination of luxury, boating access, and prime location.
Property details
- Type
- SingleFamilyResidence
- Year built
- 2021
- Interior
- 2,312 sqft
- Lot size
- 10,018.8 sqft
- Acreage
- 0.23 acres
- Garage
- 2 car
- Days on market
- 172
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $16,506/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- Impact Windows/Doors
- Exposure
- East
- Waterfront
- Yes
- Gulf access
- Yes
- Gulf access type
- Direct — no bridges
- Pool
- Yes
- Spa
- Yes
- Natural gas
- No
- Water
- Not specified
- Sewer
- Septic Tank
- 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 6 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.
Seeing several homes? Build a tour and we'll route it for you.
Your notes on this home
Keep private notes on this home, what you love, what to ask about, saved to your account and shared with your agent.
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 |
|---|---|---|---|---|---|
| 903 NW 38th Avenue | Dec 2025 | $1,160,000 | 3/3 | 2,200 | $527 |
| 831 Old Burnt Store Road | Apr 2026 | $1,220,000 | 3/3 | 2,244 | $544 |
| 1255 NW 35th Avenue | Dec 2025 | $1,200,000 | 3/2 | 2,473 | $485 |
| 1216 NW 32nd Place | Jul 2026 | $1,060,000 | 3/3 | 2,245 | $472 |
| 3403 NW 3rd Terrace | Jan 2026 | $1,315,000 | 3/3 | 2,200 | $598 |
| 128 NW 39th Avenue | Jul 2026 | $1,350,000 | 4/3 | 2,307 | $585 |
| Average | 6 comps | $1,217,500 | $535 |
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 $46,000 (3.8%) from the original list price.
| Aug 25, 2026 | Price reducedfrom $1,189,000 | $1,179,000 |
| Mar 6, 2026 | Listed | $1,225,000 |
The good, the trade-offs & the location
- Built 2021 — post-2002 Florida wind codes (typically lower insurance)
- Private pool
- Gulf access (Direct — no bridges)
- 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.
Similar homes nearby
$1,290,000
MLS# 20260285354227 NW 28th Street, Cape Coral, FL, 33993
$998,000
MLS# 223029124304 NW 13th Avenue, Cape Coral, FL, 33993
$1,350,000
MLS# 20250064392330 NW 36th Avenue, Cape Coral, FL, 33993
$989,500
MLS# 20260059644114 NW 33rd Lane, Cape Coral, FL, 33993
$1,179,900
MLS# 2250847532341 NW 36th Place, Cape Coral, FL, 33993
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.