4 Bed SingleFamilyResidence for Sale in Cape Coral
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For SaleMLS# 2026001390

$325,000

4 Bed SingleFamilyResidence for Sale in Cape Coral

1426 NE 5th Place, Cape Coral, FL, 33909

4 beds3 baths2,276 sqft3 garage

About this home

SHORT SALE – SUBJECT TO LENDER APPROVAL. This is the home you’ve been waiting for! Built in 2018 and meticulously maintained, this 4-bedroom + den, 3-bath, 3-car garage residence offers 2,276 sq ft under air and sits on a rare oversized .34-acre lot, providing space, privacy, and endless possibilities—including room for a pool. Step inside to a bright, open, and spacious floor plan featuring high ceilings and tile flooring throughout, designed in a wood-plank style for both durability and modern appeal. The heart of the home is the beautifully designed kitchen with stainless steel appliances, tile backsplash, recessed lighting, abundant cabinetry, two pantries, and additional cabinets in the breakfast nook—perfect for entertaining or everyday living. The living area is anchored by a striking stone accent wall with electric fireplace, creating a warm and inviting focal point. Bedrooms are thoughtfully zoned for privacy, while the expansive primary suite impresses with a tray ceiling, two walk-in closets, a large linen closet, double vanities, and a huge walk-in tile and stone shower. Enjoy Florida living year-round on the 24’ x 10’ covered screened lanai, plus a screened front porch. Additional highlights include a walk-in utility room, faux wood blinds, water reverse osmosis under-sink system, irrigation system, and a 3-car garage with epoxy flooring—ideal for extra storage or recreational vehicles. Major upgrades include a NEW ROOF (2023), fresh interior and exterior paint, upgraded flooring, upgraded primary shower, updated kitchen backsplash, and more. The home is not in a flood zone and has had no water intrusion from hurricanes. Located just minutes from major shopping, dining, and the Pine Island Road corridor, this property also offers excellent potential for Airbnb or short-term rentals due to its size and location. An assumable loan at approximately 5.5% interest rate may be available (subject to lender approval). This is one of the best values in Cape Coral for a newer home with these features—especially the 3-car garage and oversized lot. Schedule your private showing today and explore the opportunity this short sale presents.

Property details

Type
SingleFamilyResidence
Year built
2018
Interior
2,276 sqft
Lot size
14,984.64 sqft
Acreage
0.34 acres
Garage
3 car
Days on market
153
Total association fees
None
CDD
None
Est. taxes (1.4%)
$4,550/yr
Flood zone (area est.)
No · Low risk (X)
Storm protection
Shutters
Exposure
West
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.

At marketThis home is priced in line with comparable recent sales.
This home
$143/sqft
Comp median
$151/sqft
Difference
-5%

Based on the $/sqft of 3 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
1326 NE 2nd PlaceJun 2026$370,0005/32,077$178
1417 NE 12th AvenueJun 2026$310,0003/22,176$142
1109 NW 1st AvenueMar 2026$317,0004/22,100$151
Average3 comps$332,333$157

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 $112,000 (25.6%) from the original list price.

May 6, 2026Price reducedfrom $350,000$325,000
Jan 14, 2026Listed$437,000

The good, the trade-offs & the location

Pros
  • Built 2018 — post-2002 Florida wind codes (typically lower insurance)
  • Lower flood risk (zone X)
  • Storm protection: Shutters
  • 3-car garage
Location convenienceHigh
Hospital
3.4 mi
Cape Coral Hospital
Beach
15.7 mi
Fort Myers Beach
Airport
8.9 mi
Page Field (Fort Myers)
Shopping
2.5 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.