3 Bed Waterfront Home for Sale in Cape Coral
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For SaleMLS# 2026035510

$399,000

3 Bed Waterfront Home for Sale in Cape Coral

3215 NW 5th Avenue, Cape Coral, FL, 33993

3 beds2 baths1,700 sqft2 garage
GatedBoatingWaterfront

About this home

*****NOT IN A FLOOD AREA*********Beautiful canal-front property featuring high-end finishes and a modern European-inspired design. The home offers three spacious bedrooms, two full bathrooms, and a functional den/office that may be used as a fourth sleeping area. Interior highlights include quality wood cabinetry, elegant finishes, an open-concept layout, and abundant natural light. The outdoor kitchen provides the perfect setting for entertaining while enjoying peaceful canal and nature views. Relax by the water, launch a kayak, or simply enjoy Florida’s outdoor lifestyle and beautiful sunsets. Located in a desirable area surrounded by newer construction. Motivated seller!!!!!

Property details

Type
SingleFamilyResidence
Year built
2026
Interior
1,700 sqft
Lot size
10,236.6 sqft
Acreage
0.23 acres
Garage
2 car
Days on market
0
Total association fees
None
CDD
None
Est. taxes (1.4%)
$5,586/yr
Flood zone (area est.)
Not available
Storm protection
None listed
Exposure
Northeast
Waterfront
Yes
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
Well
Sewer
Septic Tank
New construction
No
Pets
Yes
County
Lee
Above marketThis home is priced above comparable recent sales.
This home
$235/sqft
Comp median
$217/sqft
Difference
+8%

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.

AddressSoldSold priceBeds/BathsSq ft$/sqft
3044 NW 5th PlaceFeb 2026$346,0004/21,829$189
2221 NE 6th AvenueOct 2025$378,9003/21,693$224
2931 NW 3rd PlaceOct 2025$353,0003/21,693$209
2909 NW 6th AvenueDec 2025$390,0003/31,691$231
Average4 comps$366,975$213

Market trends, Cape Coral

Median list
$399,900
Median $/sqft
$233
Median sold (90d)
$389,000
Avg days on market
95
Active listings
2,479
Median sold price · Cape Coral
$389,000last 3 months9% vs $356,950 prior 3 months
Median closed price by month · Cape Coral
1% MoM11.3% YoY
$340k$368k$395kJul ’25Aug ’26
$395,000Aug ’26 · 260 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)
  • Waterfront
  • 2-car garage
Location convenienceHigh
Hospital
5.9 mi
Cape Coral Hospital
Beach
18 mi
Fort Myers Beach
Airport
11.4 mi
Page Field (Fort Myers)
Shopping
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.