3 Bed Waterfront Home for Sale in Cape Coral
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For SaleMLS# 226028585

$455,000

3 Bed Waterfront Home for Sale in Cape Coral

1120 NE 32nd Lane, Cape Coral, FL, 33909

3 beds2.5 baths1,695 sqft2 garage
GatedBoatingWaterfront

About this home

One or more photo(s) has been virtually staged, AI generated or rendered. Welcome to this beautifully finished new construction home on a freshwater canal, built in 2026 and ideally located in Northeast Cape Coral near Gator Circle. This stunning 3-bedroom, 2.5-bath residence with a den offers 1,695 square feet of thoughtfully designed living space. The open-concept floor plan showcases high ceilings with elegant raised details, porcelain tile flooring throughout, and impact-rated windows and sliding glass doors. The centerpiece of the home is the chef-inspired kitchen, highlighted by a dramatic quartz waterfall-edge island, custom marble mosaic backsplash, stainless steel wall oven and microwave combination, sleek glass cooktop with a designer chimney hood, and an oversized French-door refrigerator. The primary suite offers a generous walk-in closet complete with a custom California Closets organization system and a luxurious ensuite bathroom featuring a dual-head walk-in shower and elegant his-and-hers vanities. Additional highlights include a dedicated laundry and mudroom with custom cabinetry, a covered lanai with a built-in sink, a convenient exterior-access guest bath, an epoxy-coated two-car garage, and an attractive paver driveway. The spacious backyard offers ample room to create your dream pool while overlooking peaceful freshwater canal views. Start your mornings with a fresh cup of coffee or unwind at the end of the day in your own private outdoor retreat. Built with quality craftsmanship and exceptional attention to detail, this home includes copper electrical wiring and underground LCEC utility service for enhanced reliability. With no HOA and a prime location in one of Cape Coral's fastest-growing neighborhoods, you'll enjoy convenient access to shopping, dining, schools, parks, and US-41. Located in Flood Zone X, this home typically does not require flood insurance from most lenders. Blending luxury finishes, contemporary design, and superior craftsmanship, this exceptional waterfront home offers the perfect setting to enjoy the Florida lifestyle. Schedule your private showing today.

Property details

Type
SingleFamilyResidence
Year built
2026
Interior
1,695 sqft
Lot size
10,018.8 sqft
Acreage
0.23 acres
Garage
2 car
Days on market
3
Total association fees
None
CDD
None
Est. taxes (1.4%)
$6,370/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.

Above marketThis home is priced above comparable recent sales.
This home
$268/sqft
Comp median
$237/sqft
Difference
+13%

Based on the $/sqft of 6 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
1129 Jacaranda ParkwayJul 2026$402,0003/31,802$223
3205 Andalusia BoulevardMay 2026$389,0003/21,793$217
710 Jacaranda ParkwayNov 2025$430,0004/31,886$228
1001 NE 36th StreetSep 2025$454,0003/21,614$281
3539 NE 14th PlaceAug 2026$425,0004/31,736$245
3631 NE 11th PlaceApr 2026$455,0004/31,735$262
Average6 comps$425,833$243

Market trends, Cape Coral

Median list
$399,900
Median $/sqft
$233
Median sold (90d)
$389,000
Avg days on market
95
Active listings
2,498
Median sold price · Cape Coral
$389,000last 3 months8.7% vs $358,000 prior 3 months
Median closed price by month · Cape Coral
7.8% MoM19% YoY
$340k$381k$423kJul ’25Aug ’26
$422,500Aug ’26 · 134 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)
  • New construction
  • Lower flood risk (zone X)
  • Waterfront
  • Storm protection: Impact Windows/Doors
  • 2-car garage
Location convenienceHigh
Hospital
5.6 mi
Cape Coral Hospital
Beach
18.1 mi
Fort Myers Beach
Airport
10.3 mi
Page Field (Fort Myers)
Shopping
4.5 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.