4 Bed SingleFamilyResidence for Sale in Cape Coral
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For SaleMLS# 2025008850

$324,000

4 Bed SingleFamilyResidence for Sale in Cape Coral

1905 NW 23rd Street, Cape Coral, FL, 33993

4 beds3 baths2,015 sqft3 garage
Gated

About this home

APPROVED SHORT SALE AT THE LISTED PRICE. Stunning newer home built by DR Horton Express line homes, same model is currently offered by the builder for $380,000. This property features a spacious layout, a triple garage, and is fenced yard for added privacy and outdoor enjoyment. Perfect combination of style, comfort, and functionality.

Property details

Type
SingleFamilyResidence
Year built
2023
Interior
2,015 sqft
Lot size
10,628.64 sqft
Acreage
0.24 acres
Garage
3 car
Days on market
261
Total association fees
None
CDD
None
Est. taxes (1.4%)
$4,536/yr
Flood zone (area est.)
No · Low risk (X)
Storm protection
Shutters
Exposure
North
Waterfront
No
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

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.

Below marketThis home is priced below comparable recent sales, a potential value.
This home
$161/sqft
Comp median
$179/sqft
Difference
-10%

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
1921 NW 23rd StreetDec 2025$339,0004/32,020$168
2128 NW 20th PlaceMay 2026$325,0004/21,828$178
2128 NW 16th PlaceMar 2026$348,0004/22,134$163
2005 NW 20th TerraceFeb 2026$329,9904/21,829$180
1826 NW 20th TerraceOct 2025$336,5004/21,829$184
2109 NW 16th PlaceSep 2025$359,9004/21,921$187
Average6 comps$339,732$177

Market trends, Cape Coral

Median list
$399,000
Median $/sqft
$233
Median sold (90d)
$384,999
Avg days on market
92
Active listings
2,482
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

Down $51,000 (13.6%) from the original list price.

Jul 22, 2026Back on market
Jun 30, 2026Price reducedfrom $300,000$324,000
Sep 11, 2025Listed$375,000

The good, the trade-offs & the location

Pros
  • Built 2023 — post-2002 Florida wind codes (typically lower insurance)
  • Lower flood risk (zone X)
  • Storm protection: Shutters
  • 3-car garage
Location convenienceHigh
Hospital
6 mi
Cape Coral Hospital
Beach
17.2 mi
Fort Myers Beach
Airport
11.9 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.