$369,900
3 Bed 2 Bath Pool SingleFamilyResidence for Sale in CAPE CORAL, FL
5816 SW 1st Place, Cape Coral, FL, 33914
About this home
ATTRACTIVE PRICING FOR SERIOUS BUYERS- FURNISHINGS NEGOTIABLE- GREAT PRIMARY HOME, VACATION PROPERTY, OR INVESTMENT! This beautifully maintained and thoughtfully upgraded Spanish-style 3-bedroom, 2-bath pool home is not only a dream retreat but also a savvy investment opportunity. Perfect for seasonal residents who want to enjoy sunny Cape Coral part-time while generating strong Airbnb rental income when they’re away, this home sits in one of South Cape Coral’s most desirable neighborhoods—on a quiet street surrounded by million-dollar properties. Inside, a bright open-concept layout flows seamlessly for both everyday living and entertaining. Porcelain tile floors run throughout the home, complementing the modern split-bedroom design. The upgraded kitchen features granite countertops, stainless steel appliances, ample cabinetry, and a built-in coffee bar—ideal for relaxed mornings or hosting guests. The spacious primary suite offers plantation shutters, a walk-in closet, and a beautifully finished en-suite bath. Two guest bedrooms and an oversized guest bath with dual sinks provide comfort for visitors or flexible space for a home office. Major updates include a new roof (2023), newer A/C (2020), and hurricane impact windows and doors. With city water/sewer and assumable flood insurance, you’ll enjoy peace of mind and long-term savings. Step outside to your private backyard oasis—complete with a screened-in lanai, heated pool, outdoor shower, and covered patio. The fully fenced yard offers space to entertain, relax, or soak up the Florida sunshine. With no HOA restrictions, incredible short-term rental potential, and a premier location just minutes from waterfront dining, parks, shopping, and downtown Cape Coral, this is a rare find you won’t want to miss.
Property details
- Type
- SingleFamilyResidence
- Year built
- 1973
- Interior
- 1,431 sqft
- Lot size
- 10,018.8 sqft
- Acreage
- 0.23 acres
- Garage
- 2 car
- Days on market
- 103
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $5,179/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- Impact Windows/Doors
- Exposure
- East
- Waterfront
- No
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- Yes
- Spa
- No
- Natural gas
- No
- Water
- Public
- Sewer
- Public Sewer
- 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.
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 |
|---|---|---|---|---|---|
| 5830 SW 1st Court | Mar 2026 | $339,900 | 3/2 | 1,340 | $254 |
| 5406 SW 3rd Avenue | Aug 2025 | $412,925 | 3/2 | 1,563 | $264 |
| 5305 SW 2nd Place | May 2026 | $360,000 | 3/2 | 1,370 | $263 |
| 5310 Colonade Court | Sep 2025 | $410,000 | 3/2 | 1,370 | $299 |
| Average | 4 comps | $380,706 | $270 |
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 $39,000 (9.8%) from the original list price.
| Oct 31, 2025 | Sold | $360,000 |
| Sep 26, 2025 | Price reducedfrom $379,900 | $369,900 |
| Sep 16, 2025 | Back on market | |
| Jun 23, 2025 | Listed | $399,000 |
The good, the trade-offs & the location
- Private pool
- Storm protection: Impact Windows/Doors
- 2-car garage
- Built 1973 — pre-2002 construction may carry older wind codes and higher insurance
- 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
$395,000
MLS# 20260189085333 SW 16th Place, Cape Coral, FL, 33914
$389,900
MLS# 20260262902919 SW 2nd Place, Cape Coral, FL, 33914
$370,000
MLS# 2026031277602 SE 22nd Street, Cape Coral, FL, 33990
$400,000
MLS# 20260273601215 SW 31st Terrace, Cape Coral, FL, 33914
$324,900
MLS# 2026014941752 Coral Drive, Cape Coral, FL, 33904
$360,000
MLS# 2260186414140 SW 8th Court, Cape Coral, FL, 33914
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.