4 Bed SingleFamilyResidence for Sale in Cape Coral
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For SaleMLS# 2026001232

$334,000

4 Bed SingleFamilyResidence for Sale in Cape Coral

509 SW 7th Place, Cape Coral, FL, 33991

4 beds2 baths1,833 sqft2 garage
Gated

About this home

Discover this well maintained 4 bedroom, 2 bathroom home offering 1,833 sq ft of comfortable living space. The layout features spacious living and dining areas that provide flexibility for everyday living and entertaining. The kitchen offers ample cabinetry and counter space, making it functional and convenient. The primary suite includes a private bathroom and generous closet space, while the additional bedrooms are well sized and versatile. Outside, enjoy a roomy yard with plenty of space to relax or customize. Located in a quiet, well-kept neighborhood, this move-in ready home is easy to show and ready for its next owner.

Property details

Type
SingleFamilyResidence
Year built
2021
Interior
1,833 sqft
Lot size
10,018.8 sqft
Acreage
0.23 acres
Garage
2 car
Days on market
195
Total association fees
None
CDD
None
Est. taxes (1.4%)
$4,676/yr
Flood zone (area est.)
No · Low risk (X)
Storm protection
None listed
Exposure
East
Waterfront
No
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
Public
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
$182/sqft
Comp median
$197/sqft
Difference
-8%

Based on the $/sqft of 9 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
511 SW 7th PlaceJan 2026$315,0003/22,001$157
916 SW 7th AvenueFeb 2026$345,0003/21,796$192
1048 SW 1st StreetJan 2026$339,0004/21,718$197
703 NW 1st TerraceApr 2026$369,9004/21,696$218
616 NW 1st LaneAug 2026$352,0004/21,812$194
522 NW 1st LaneJul 2026$365,0004/31,826$200
Average6 comps$347,650$193

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 $41,000 (10.9%) from the original list price.

Jul 23, 2026Price reducedfrom $335,000$334,000
Jan 9, 2026Listed$375,000

The good, the trade-offs & the location

Pros
  • Built 2021 — post-2002 Florida wind codes (typically lower insurance)
  • Lower flood risk (zone X)
  • 2-car garage
Location convenienceHigh
Hospital
2.9 mi
Cape Coral Hospital
Beach
13.3 mi
Fort Myers Beach
Airport
8.8 mi
Page Field (Fort Myers)
Shopping
3.2 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.