3 Bed Pool Home for Sale in Cape Coral
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For SaleMLS# 224040583

$889,000

3 Bed Pool Home for Sale in Cape Coral

124 SW 16th Place, Cape Coral, FL, 33991

3 beds2 baths2,124 sqft3 garage
BoatingWaterfront

About this home

Check out this new custom canal home with heated pool plus spa and western exposure! The view down the entire canal will take your breath away! This contemporary home features 12' ceilings, 3 bedrooms, 2 bathrooms, a den/office, and 3 car garage. Huge amounts of custom upgrades like the 72" fireplace make this house stand out from the rest! Beautiful tile is featured throughout the home under its high ceilings. The kitchen is a modern masterpiece that's sure to attract plenty of attention. High-grade stainless-steel appliances including washer and dryer! The large kitchen island is perfect for cooking, baking, or entertaining friends and family. All windows and doors are impact resistant which means no shutters needed! The pool area features a heated oversized pool and spa. You can look down the entire canal from multiple rooms in the house as well as on the lanai and in the pool. Brand new seawall!!! Pavered driveway and lanai. Great investment opportunity as a vacation rental or simply live in it yourself and enjoy the fabulous Gulf Coast lifestyle. Property management company eager to keep renting these houses out as vacation rentals if new owner so desires!

Property details

Type
SingleFamilyResidence
Year built
2023
Interior
2,124 sqft
Lot size
10,018.8 sqft
Acreage
0.23 acres
Garage
3 car
Days on market
584
Total association fees
None
CDD
None
Est. taxes (1.4%)
$12,446/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
Impact Windows/Doors
Exposure
West
Waterfront
Yes
Gulf access
Yes
Gulf access type
Direct — no bridges
Pool
Yes
Spa
Yes
Natural gas
No
Water
Assessment Unpaid
Sewer
Assessment Unpaid
New construction
No
Pets
Yes
County
Lee

Maintenance included in the fee

RoadMaintenanceSewerStreetLightsTrashWater

What the association dues cover, per the MLS. Confirm the full schedule with the HOA.

Amenities

SeeRemarks

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.

Above marketThis home is priced above comparable recent sales.
This home
$419/sqft
Comp median
$319/sqft
Difference
+31%

Based on the $/sqft of 3 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
316 SW 13th CourtMay 2026$790,0004/32,321$340
1041 Embers ParkwayNov 2025$675,0004/32,249$300
1035 Embers ParkwayFeb 2026$718,0004/32,249$319
Average3 comps$727,667$320

Market trends, Cape Coral

Median list
$399,000
Median $/sqft
$232
Median sold (90d)
$385,000
Avg days on market
94
Active listings
2,481
Median sold price · Cape Coral
$385,000last 3 months7.2% vs $359,000 prior 3 months
Median closed price by month · Cape Coral
1.3% MoM8.4% YoY
$340k$365k$390kJul ’25Aug ’26
$384,750Aug ’26 · 413 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.

The good, the trade-offs & the location

Pros
  • Built 2023 — post-2002 Florida wind codes (typically lower insurance)
  • Private pool
  • Gulf access (Direct — no bridges)
  • Storm protection: Impact Windows/Doors
  • 3-car garage
Consider
  • In a higher-risk flood zone (AE) — flood insurance likely required
Location convenienceHigh
Hospital
4.1 mi
Cape Coral Hospital
Beach
14 mi
Fort Myers Beach
Airport
9.9 mi
Page Field (Fort Myers)
Shopping
4.2 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.