3 Bed Waterfront Home for Sale in Cape Coral
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For SaleMLS# 226021023

$339,000

3 Bed Waterfront Home for Sale in Cape Coral

1505 NW 17th Street, Cape Coral, FL, 33993

3 beds2 baths1,529 sqft2 garage
BoatingWaterfront

About this home

One or more photo(s) has been virtually staged, AI generated or rendered. Looking for your next dream home? Check out this brand-new, move-in ready 3 bedroom plus den, 2 bath beauty nestled right on the Horseshoe Canal. Imagine waking up to peaceful water views every day from your screened-in lanai—a perfect spot for morning coffee or evening relaxation. If you love the water, you’re in luck! There’s a quick trip to Pelican Lake, and a convenient boat ramp nearby to easily launch your boat for a day of fun. Step inside and you’ll find a modern kitchen featuring a stunning quartz waterfall island and sleek stainless steel appliances. The open floor plan makes it easy to entertain friends and family, while tile flooring throughout keeps things cool and clean. Tray ceilings add a touch of elegance in both the living area and the master bedroom, creating a spacious and airy feel. This home is thoughtfully designed with impact-resistant doors and windows, giving you peace of mind during storm season. Plus, the non-flood zone location adds an extra layer of security. Need to run errands or grab a bite to eat? You’re just minutes away from shopping and great restaurants, making everyday living super convenient. Whether you’re boating enthusiasts or just love a quiet spot with incredible views, this home has it all. Don’t miss out on this blend of comfort, style, and location—your new waterfront lifestyle awaits!

Property details

Type
SingleFamilyResidence
Year built
2026
Interior
1,529 sqft
Lot size
10,018.8 sqft
Acreage
0.23 acres
Garage
2 car
Days on market
89
Total association fees
None
CDD
None
Est. taxes (1.4%)
$4,746/yr
Flood zone (area est.)
No · Low risk (X)
Storm protection
Impact Windows/Doors
Exposure
North
Waterfront
Yes
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
Well
Sewer
Septic Tank
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.

At marketThis home is priced in line with comparable recent sales.
This home
$222/sqft
Comp median
$212/sqft
Difference
+5%

Based on the $/sqft of 12 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
1421 NW 16th TerraceApr 2026$317,9904/21,650$193
1528 NW 17th StreetOct 2025$370,7003/21,532$242
1607 NW 17th StreetApr 2026$335,0003/21,602$209
1400 NW 16th TerraceOct 2025$300,0003/21,400$214
1321 NW 15th TerraceApr 2026$299,8003/21,550$193
1506 NW 19th StreetJul 2026$294,9003/21,333$221
Average6 comps$319,732$212

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.

Price & status history

Down $10,000 (2.9%) from the original list price.

Jul 16, 2026Price reducedfrom $349,000$339,000
May 28, 2026Listed$349,000

The good, the trade-offs & the location

Pros
  • Built 2026 — post-2002 Florida wind codes (typically lower insurance)
  • New construction
  • Lower flood risk (zone X)
  • Waterfront
  • Storm protection: Impact Windows/Doors
  • 2-car garage
Location convenienceHigh
Hospital
5.1 mi
Cape Coral Hospital
Beach
16.4 mi
Fort Myers Beach
Airport
11 mi
Page Field (Fort Myers)
Shopping
4.6 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.