$325,000
4 Bed SingleFamilyResidence for Sale in Cape Coral
1426 NE 5th Place, Cape Coral, FL, 33909
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.
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.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 1326 NE 2nd Place | Jun 2026 | $370,000 | 5/3 | 2,077 | $178 |
| 1417 NE 12th Avenue | Jun 2026 | $310,000 | 3/2 | 2,176 | $142 |
| 1109 NW 1st Avenue | Mar 2026 | $317,000 | 4/2 | 2,100 | $151 |
| Average | 3 comps | $332,333 | $157 |
Market trends, Cape Coral
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, 2026 | Price reducedfrom $350,000 | $325,000 |
| Jan 14, 2026 | Listed | $437,000 |
The good, the trade-offs & the location
- Built 2018 — post-2002 Florida wind codes (typically lower insurance)
- Lower flood risk (zone X)
- Storm protection: Shutters
- 3-car garage
Straight-line distances to major SWFL amenities, approximate; actual drive times vary.
Nearby schools
Get more information on their programs, scores, and extracurriculars on each school's page · browse the full schools directory.
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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.