3 Bed Waterfront Home for Sale in Cape Coral
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SoldMLS# 2026018085

$369,000

3 Bed Waterfront Home for Sale in Cape Coral

331 NE 15th Street, Cape Coral, FL, 33909

3 beds3 baths1,621 sqft2 garage
GatedPlayground55+BoatingWaterfront

About this home

Welcome to clean, modern living without breaking the bank. This NEW CONSTRUCTION home is designed to impress from the very first glance, offering outstanding curb appeal with a custom driveway, thoughtfully curated landscaping, and a color palette that blends beautifully with the natural surroundings. The property features city water and sewer and is situated on a freshwater canal, delivering both convenience and lifestyle. Step inside and experience elevated design with 12’6” high ceilings, 8’ interior doors, and a level 5 smooth wall finish, complemented by a refined interior lighting design that enhances every space. The open-concept layout creates a bright and spacious feel, perfect for both everyday living and entertaining. A versatile flex space offers the option for a formal dining area, home office, or playroom. The kitchen is a true focal point, featuring sleek European-style cabinetry, stainless steel appliances, a wine cooler, and a spacious pantry—designed for both functionality and style. The primary suite serves as a private retreat, thoughtfully designed for comfort and relaxation. Enjoy a spa-like experience with a soaking tub, walk-in shower, dual vanities with a large anti-fog touch mirror, a linen closet, and two walk-in closets. This home offers 3 bedrooms and 3 full bathrooms, including a convenient bathroom with direct outdoor access—ideal for future pool plans or seamless indoor-outdoor living. Step outside to your covered lanai, the perfect space to relax or entertain while enjoying peaceful canal views. The freshwater canal provides a serene backdrop—ideal for fishing or simply embracing the natural beauty of Southwest Florida living. Additional highlights include a spacious laundry room and epoxy-finished garage flooring for a clean, polished look.

Property details

Type
SingleFamilyResidence
Year built
2026
Interior
1,621 sqft
Lot size
10,890 sqft
Acreage
0.25 acres
Garage
2 car
Days on market
74
Total association fees
None
CDD
None
Est. taxes (1.4%)
$5,166/yr
Flood zone (area est.)
Not available
Storm protection
Impact Windows/Doors
Exposure
Northeast
Waterfront
Yes
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
Assessment Unpaid
Sewer
Assessment Unpaid
New construction
Yes
Pets
Yes
County
Lee

Amenities

GuestSuitesPlayground
At marketThis home is priced in line with comparable recent sales.
This home
$228/sqft
Comp median
$217/sqft
Difference
+5%

Based on the $/sqft of 12 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
326 NE 14th StreetJul 2026$349,9903/21,550$226
341 NE 14th StreetMay 2026$347,5003/21,550$224
301 NE 14th StreetJul 2026$345,0004/21,755$197
301 Diplomat ParkwayMay 2026$345,0004/21,812$190
1325 NE 4th PlaceJun 2026$324,9994/21,499$217
1412 NE 2nd PlaceAug 2026$350,0003/21,654$212
Average6 comps$343,748$211

Market trends, Cape Coral

Median list
$399,000
Median $/sqft
$232
Median sold (90d)
$385,000
Avg days on market
93
Active listings
2,501
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
$384,825Aug ’26 · 402 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.

Price & status history

Down $20,000 (5.1%) from the original list price.

Aug 19, 2026Sold$369,000
Jun 8, 2026Price reducedfrom $379,000$369,000
Apr 20, 2026Listed$389,000

The good, the trade-offs & the location

Pros
  • Built 2026 — post-2002 Florida wind codes (typically lower insurance)
  • New construction
  • Waterfront
  • Storm protection: Impact Windows/Doors
  • 2-car garage
Consider
  • 55+ age-restricted community
Location convenienceHigh
Hospital
3.5 mi
Cape Coral Hospital
Beach
15.8 mi
Fort Myers Beach
Airport
9.1 mi
Page Field (Fort Myers)
Shopping
2.6 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.