$398,000
3 Bed 2 Bath Waterfront SingleFamilyResidence for Sale in CAPE CORAL, FL
1227 SE 3rd Avenue, Cape Coral, FL, 33990
About this home
HUGE PRICE REDUCTION FOR A QUICK SALE!!! SELLER IS VERY MOTIVATED!!! Looking for your dream home? Check out one of the most unique waterfront property in Cape Coral! This stunning new construction waterfront home is situated on a rare wide canal and is ready for you to move in now! With a generous size of 1655 sq. ft. under air, plus a lanai and a two-car garage, the total area is 2,458 sq. ft. This home features three bedrooms and two bathrooms, boasting high ceilings and large kitchen cabinets. The kitchen and bathrooms are adorned with granite countertops, and the home includes stainless steel, energy-efficient appliances. There's also a laundry room with washer and dryer hookups. Conveniently located near restaurants, schools, and parks, this property offers easy access to I-75 and Fort Myers. Don’t miss out—call today to schedule a viewing of this amazing home!
Property details
- Type
- SingleFamilyResidence
- Year built
- 2024
- Interior
- 1,655 sqft
- Lot size
- 10,018.8 sqft
- Acreage
- 0.23 acres
- Garage
- 2 car
- Days on market
- 301
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $5,572/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 Paid
- Sewer
- Assessment Unpaid
- 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 7 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 |
|---|---|---|---|---|---|
| 114 SW 13th Street | Jun 2026 | $350,000 | 4/2 | 1,650 | $212 |
| 114 SW 13th Street | Aug 2025 | $348,990 | 4/2 | 1,650 | $212 |
| 207 SW 12th Street | Dec 2025 | $342,000 | 4/2 | 1,650 | $207 |
| 817 SE 5th Place | Jan 2026 | $347,000 | 4/2 | 1,650 | $210 |
| 531 SE 8TH Terrace | Feb 2026 | $380,000 | 4/2 | 1,828 | $208 |
| 916 Nicholas Parkway | Apr 2026 | $385,000 | 3/2 | 1,640 | $235 |
| Average | 6 comps | $358,832 | $214 |
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 $74,800 (16.1%) from the original list price.
| Nov 25, 2025 | Sold | $390,000 |
| Sep 18, 2025 | Price reducedfrom $498,000 | $398,000 |
| Dec 24, 2024 | Listed | $464,800 |
The good, the trade-offs & the location
- Built 2024 — post-2002 Florida wind codes (typically lower insurance)
- New construction
- Lower flood risk (zone X)
- Waterfront
- Storm protection: Impact Windows/Doors
- 2-car garage
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.