$299,000
3 Bed Waterfront Home for Sale in Cape Coral
311 NE 31st Street, Cape Coral, FL, 33909
About this home
Welcome to this well-located 3-bedroom, 2-bath residence offering approximately 1,250 sq ft of comfortable living space in the rapidly growing Northeast section of Cape Coral. this home places you at the center of one of the city’s most exciting future destinations, with plans for waterfront dining, marina access, retail, and entertainment. Whether you’re a first-time homebuyer, growing family, or looking to downsize, this property offers the perfect blend of a quiet residential setting and long-term upside. With continued expansion and development in the area, this is a prime opportunity to secure a home in a location that is growing daily. Tile throughout the entire home. stainless steel appliances, modern kitchen. This home has a beutiful canal with great views
Property details
- Type
- SingleFamilyResidence
- Year built
- 2026
- Interior
- 1,250 sqft
- Lot size
- 10,018.8 sqft
- Acreage
- 0.23 acres
- Garage
- 2 car
- Days on market
- 60
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $4,186/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
- No
- Spa
- No
- Natural gas
- No
- Water
- Well
- Sewer
- Septic Tank
- 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 4 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 |
|---|---|---|---|---|---|
| 337 NE 30th Street | Apr 2026 | $282,805 | 3/2 | 1,240 | $228 |
| 2901 NE 2nd Avenue | Aug 2026 | $295,000 | 3/2 | 1,328 | $222 |
| 2922 NE 1st Avenue | Jul 2026 | $299,900 | 3/2 | 1,310 | $229 |
| 2921 NE 6th Place | Dec 2025 | $262,000 | 3/2 | 1,286 | $204 |
| Average | 4 comps | $284,926 | $221 |
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 $8,000 (2.6%) from the original list price.
| Jun 24, 2026 | Price reducedfrom $306,000 | $299,000 |
| May 7, 2026 | Back on market | |
| Apr 22, 2026 | Listed | $307,000 |
The good, the trade-offs & the location
- Built 2026 — post-2002 Florida wind codes (typically lower insurance)
- New construction
- Lower flood risk (zone X)
- Waterfront
- Storm protection: Impact Windows/Doors
- 2-car garage
- 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.