$259,999
3 Bed Waterfront Home for Sale in Cape Coral
1517 NE 8th Place, Cape Coral, FL, 33909
About this home
Rare Opportunity! These custom-built attached villas are being offered for sale simultaneously and must close together—either to one buyer purchasing both homes or to two buyers purchasing at the same time. Unlike a traditional duplex, each residence is individually parceled and can be financed with its own mortgage, allowing each owner to enjoy the privacy and independence of homeownership while living next door to family or close friends. Welcome to 1517 NE 8th Place, Cape Coral, where quality craftsmanship, thoughtful upgrades, and waterfront living come together at an incredible value. Built in 2020, this beautifully appointed 3-bedroom, 2-bath attached villa offers the luxury and feel of a custom home with the affordability and convenience of low-maintenance living. From the moment you arrive, you'll appreciate the inviting screened front porch, paver driveway, and exceptional curb appeal. Inside, soaring 10-foot ceilings, elegant crown molding, granite countertops, and tile flooring throughout create a bright, open living space designed for both comfort and style. The spacious kitchen flows seamlessly into the living room, where impressive three-panel sliding glass doors open to an extended screened lanai overlooking a peaceful freshwater canal. Step outside to enjoy your morning coffee, entertain friends, or simply relax while taking in the waterfront views. A shared concrete dock provides direct access to the freshwater canal, making it easy to kayak, fish, or enjoy Southwest Florida's outdoor lifestyle. The spacious primary suite features dual vanities, a luxurious floor-to-ceiling tiled walk-in shower, and a large walk-in closet. The spare bathroom features a jacuzzi tub for cozy relaxation after a long day. An oversized one-car garage provides additional storage, while the fully fenced backyard offers privacy for pets and outdoor entertaining. Best of all, this home is not located in a flood zone, providing added peace of mind and potential insurance savings. Originally custom built by the current owners so they could enjoy luxury living side by side, both villas feature the same thoughtfully designed floor plan and identical high-end finishes. Whether you're looking to purchase both homes for investment or multi-generational living, or you're coordinating with parents, adult children, siblings, or close friends, this is a truly unique opportunity. Each residence can be owned, financed, and mortgaged separately, allowing every owner to enjoy the benefits of independent homeownership while living next door to the people who matter most. Luxury finishes. Waterfront living. No flood zone. Individual ownership. A one-of-a-kind opportunity—all for just $259,999.
Property details
- Type
- Attached
- Year built
- 2020
- Interior
- 1,254 sqft
- Lot size
- 5,005.044 sqft
- Acreage
- 0.11 acres
- Garage
- 1 car
- Days on market
- 0
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $3,640/yr
- Flood zone (area est.)
- No · Low risk (X)
- Storm protection
- None listed
- Exposure
- East
- Waterfront
- Yes
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- No
- Spa
- No
- Natural gas
- No
- Water
- Assessment Paid
- Sewer
- Assessment Unpaid
- New construction
- No
- Pets
- Yes
- County
- Lee
Amenities
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 3 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 |
|---|---|---|---|---|---|
| 1317 NE 9th Avenue | Aug 2026 | $295,000 | 3/2 | 1,334 | $221 |
| 706 NE 16th Terrace | Sep 2025 | $285,000 | 3/2 | 1,240 | $230 |
| 1808 NE 7th Avenue | Oct 2025 | $285,000 | 3/2 | 1,399 | $204 |
| Average | 3 comps | $288,333 | $218 |
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.
The good, the trade-offs & the location
- Built 2020 — post-2002 Florida wind codes (typically lower insurance)
- Lower flood risk (zone X)
- Waterfront
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.