$489,900
3 Bed Waterfront Home for Sale in Cape Coral
1107 SE 38th Street, Cape Coral, FL, 33904
About this home
Experience the ultimate Florida lifestyle at 1107 SE 38th St, a new 2025-built modern masterpiece featuring direct gulf access for effortless boating and waterfront living. This 1,898 sq. ft. open-concept home is defined by high-end porcelain tile, a chef’s kitchen with quartz countertops, and impact-rated windows and doors for total peace of mind. With three spacious bedrooms, upgraded finishes throughout, and a 2-car garage, this semi-attached single family luxury home comes without the burden of HOA fees. Seize this rare opportunity to own a sleek, move-in-ready retreat in the heart of Cape Coral with the open water just a boat ride away.
Property details
- Type
- Attached
- Year built
- 2025
- Interior
- 1,272 sqft
- Lot size
- 4,991.976 sqft
- Acreage
- 0.11 acres
- Garage
- 2 car
- Days on market
- 192
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $6,859/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- Impact Windows/Doors
- Exposure
- Northwest
- Waterfront
- Yes
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- No
- 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 9 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 |
|---|---|---|---|---|---|
| 3802 SE 12th Avenue | Apr 2026 | $497,690 | 3/2 | 1,459 | $341 |
| 1301 SE 40th Terrace | Jan 2026 | $546,000 | 3/2 | 1,466 | $372 |
| 3603 SE 10th Avenue 203 | Jun 2026 | $380,000 | 3/2 | 1,158 | $328 |
| 4115 SE 10th Place | Jul 2026 | $381,150 | 3/2 | 1,462 | $261 |
| 1322 SE 42nd Street | Feb 2026 | $435,000 | 3/2 | 1,393 | $312 |
| 1636 SE 39th Street | Jun 2026 | $565,000 | 3/2 | 1,333 | $424 |
| Average | 6 comps | $467,473 | $340 |
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
Up $40,000 (8.9%) from the original list price.
| Aug 24, 2026 | Price increasedfrom $449,900 | $489,900 |
| Feb 13, 2026 | Listed | $449,900 |
The good, the trade-offs & the location
- Built 2025 — post-2002 Florida wind codes (typically lower insurance)
- New construction
- Waterfront
- Storm protection: Impact Windows/Doors
- 2-car garage
- In a higher-risk flood zone (AE) — flood insurance likely required
- 55+ age-restricted community
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.