3 Bed Waterfront Home for Sale in Cape Coral
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For SaleMLS# 2026027626

$399,900

3 Bed Waterfront Home for Sale in Cape Coral

1317 NE 1st Avenue, Cape Coral, FL, 33909

3 beds2 baths1,600 sqft2 garage
GatedBoatingWaterfront

About this home

Under Construction – Freshwater Canal Home in Cape Coral! Brand-new home with a modern, functional design. This beautiful waterfront property is under construction and available now in the highly desirable city of Cape Coral. Features Include: 3 Bedrooms 2 Bathrooms 2-Car Garage Open-Concept Functional Floor Plan Modern Finishes Throughout Impact Windows & Doors Spacious Kitchen with Island Tile Flooring Throughout Covered Lanai Freshwater Canal Location Enjoy the Florida lifestyle with peaceful canal views, room for outdoor entertaining, and a thoughtfully designed layout that maximizes comfort and functionality. Cape Coral is known for its extensive canal system and strong inventory of waterfront and new construction homes. House pictures are for reference only. Final finishes, colors, and features may vary.

Property details

Type
SingleFamilyResidence
Year built
2026
Interior
1,600 sqft
Lot size
10,018.8 sqft
Acreage
0.23 acres
Garage
2 car
Days on market
0
Total association fees
None
CDD
None
Est. taxes (1.4%)
$5,599/yr
Flood zone (area est.)
No · Low risk (X)
Storm protection
Impact Windows/Doors
Exposure
East
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
No
Pets
Yes
County
Lee

Maintenance included in the fee

Other

What the association dues cover, per the MLS. Confirm the full schedule with the HOA.

Amenities

Other

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.

Above marketThis home is priced above comparable recent sales.
This home
$250/sqft
Comp median
$225/sqft
Difference
+11%

Based on the $/sqft of 10 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
1412 NE 2nd PlaceAug 2026$350,0003/21,654$212
30 NE 12th TerraceApr 2026$348,9903/21,550$225
301 NE 14th StreetJul 2026$345,0004/21,755$197
125 NE 11th TerraceJun 2026$430,0003/21,601$269
341 NE 14th StreetMay 2026$347,5003/21,550$224
326 NE 14th StreetJul 2026$349,9903/21,550$226
Average6 comps$361,913$226

Market trends, Cape Coral

Median list
$399,000
Median $/sqft
$232
Median sold (90d)
$385,000
Avg days on market
94
Active listings
2,481
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
$384,750Aug ’26 · 413 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.

The good, the trade-offs & the location

Pros
  • Built 2026 — post-2002 Florida wind codes (typically lower insurance)
  • Lower flood risk (zone X)
  • Waterfront
  • Storm protection: Impact Windows/Doors
  • 2-car garage
Location convenienceHigh
Hospital
3.5 mi
Cape Coral Hospital
Beach
15.6 mi
Fort Myers Beach
Airport
9.2 mi
Page Field (Fort Myers)
Shopping
2.7 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.