$590,000
3 Bed 3 Bath Pool Waterfront SingleFamilyResidence for Sale in CAPE CORAL, FL
1625 NE 5th Terrace, Cape Coral, FL, 33909
About this home
ALL ASSESSMENTS PAID! NO Flood Insurance Required! NO HOA Fees! Stunning Waterfront Pool Home with Designer Finishes! Experience luxury living in this beautifully appointed, newly constructed, 3-bedroom + den, 3-bathroom single-family home nestled on a serene freshwater canal. This residence showcases exceptional craftsmanship and high-end finishes, including sleek white quartz countertops, modern white cabinetry, and top-tier stainless steel appliances in a gourmet kitchen designed to impress. The open-concept layout features soaring coffered ceilings and exquisite Spanish tile flooring throughout, complemented by impact-resistant windows and a concrete tile roof providing an additional element of safety to its already superb construction. The versatile den is enhanced by stylish frosted glass barn doors and dramatic floor-to-ceiling windows that flood the space with natural light, perfect for a home office or guest room. Step outside to your private paradise: a spacious outdoor living area under truss, complete with a full outdoor kitchen, paver circular driveway, finished garage floor, and lush, mature landscaping. Enjoy sunset views from your canal-front backyard, secured with a seawall and ideal for kayaking or fishing. Located close to major roads, shopping, dining, and everyday conveniences, this home combines elegant living with unbeatable access. Don’t miss the chance to own this extraordinary property!
Property details
- Type
- SingleFamilyResidence
- Year built
- 2023
- Interior
- 1,968 sqft
- Lot size
- 10,018.8 sqft
- Acreage
- 0.23 acres
- Garage
- 2 car
- Days on market
- 236
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $8,260/yr
- Flood zone (area est.)
- No · Low risk (X)
- Storm protection
- Impact Windows/Doors
- Exposure
- North
- Waterfront
- Yes
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- Yes
- Spa
- No
- Natural gas
- No
- Water
- Assessment Paid
- Sewer
- Assessment Paid
- New construction
- Yes
- 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 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.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 401 NE 19th Place | May 2026 | $585,000 | 3/3 | 2,164 | $270 |
| 921 NE 13th Avenue | Feb 2026 | $525,000 | 3/3 | 1,927 | $272 |
| 129 NE 12th Court | Jul 2026 | $530,000 | 4/3 | 2,040 | $260 |
| Average | 3 comps | $546,667 | $267 |
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 $75,000 (12%) from the original list price.
| Jan 27, 2026 | Sold | $550,000 |
| Nov 6, 2025 | Price reducedfrom $600,000 | $590,000 |
| May 13, 2025 | Listed | $625,000 |
The good, the trade-offs & the location
- Built 2023 — post-2002 Florida wind codes (typically lower insurance)
- New construction
- Lower flood risk (zone X)
- Private pool
- Waterfront
- Storm protection: Impact Windows/Doors
- 2-car garage
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.