3 Bed Waterfront Home for Sale in Cape Coral
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For RentMLS# 2026029794

$2,250

3 Bed Waterfront Home for Sale in Cape Coral

2637 NW 1st Street, Cape Coral, FL, 33993

3 beds2 baths1,968 sqft2 garage
GatedBoatingWaterfront

About this home

Cape Coral Waterfront Living! Nestled along a quiet freshwater canal, this spacious 3-bedroom plus den, 2-bathroom home offers nearly 2,000 sq. ft. of comfortable, modern living space. The home is available fully furnished, offering buyers a convenient turnkey opportunity. The exterior makes an immediate impression with a brand-new metal roof and a manicured Floratam lawn maintained by an automatic sprinkler system. Inside, the thoughtfully designed split-bedroom floor plan features sleek porcelain tile throughout—no carpet. The well-appointed kitchen includes solid wood cabinetry, granite countertops, a center island, and a breakfast bar that opens to both a casual breakfast nook and a formal dining area. High ceilings and separate living and family rooms provide ample space for entertaining, relaxing, or working from home in the dedicated den or office. The primary suite features generous walk-in closets and a spa-like ensuite bathroom. Outdoors, enjoy the Florida breeze from the screened-in lanai under truss, overlooking a fenced side yard with a dog run and plenty of room for a future pool. With a newer AC system, new well equipment, and a move-in-ready interior, this home offers the perfect combination of waterfront tranquility, comfort, and convenience near Embers Parkway and El Dorado Boulevard.

Property details

Type
SingleFamilyResidence
Year built
2006
Interior
1,968 sqft
Lot size
10,628.64 sqft
Acreage
0.24 acres
Garage
2 car
Days on market
24
Total association fees
None
CDD
None
Est. taxes (1.4%)
$32/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
None listed
Exposure
Not specified
Waterfront
Yes
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
Not specified
Sewer
Not specified
New construction
No
Pets
Call, Conditional
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.

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Market trends, Cape Coral

Median list
$399,000
Median $/sqft
$233
Median sold (90d)
$385,000
Avg days on market
92
Active listings
2,485
Median sold price · Cape Coral
$384,999last 3 months6.9% vs $360,000 prior 3 months
Median closed price by month · Cape Coral
2.6% MoM5.7% YoY
$340k$365k$390kJul ’25Sep ’26
$369,990Sep ’26 · 55 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

Up $55 (2.5%) from the original list price.

Aug 4, 2026Price increasedfrom $2,195$2,250
Jul 11, 2026Listed$2,195

The good, the trade-offs & the location

Pros
  • Built 2006 — post-2002 Florida wind codes (typically lower insurance)
  • Waterfront
  • 2-car garage
Consider
  • In a higher-risk flood zone (AE) — flood insurance likely required
Location convenienceHigh
Hospital
5.4 mi
Cape Coral Hospital
Beach
14.8 mi
Fort Myers Beach
Airport
11.3 mi
Page Field (Fort Myers)
Shopping
5.5 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.