$484,150
4 Bed 3 Bath Waterfront SingleFamilyResidence for Sale in CAPE CORAL, FL
106 SE 5th Avenue, Cape Coral, FL, 33990
About this home
3.99% interest available + closing cost contribution* No Flood Insurance Required *Zone X* City Water / Sewer / Reclaimed Irrigation with a trivial assessment balance remaining. ASK ABOUT INCENTIVES! Quality built home with 1/2/10 Year Builder Warranty. Our BEST-SELLING plan 2265 sq ft 4 beds 3 baths 3 car garage Triple Split plan, large covered front porch & large covered rear lanai, Canal Frontage w NEW Concrete Seawall. Central Location just south of Pine Island Rd, and just west of Del Prado, minutes to every amenity Cape has to offer. Plank Tile, Granite Throughout, Stainless Steel appliances, 5' Tiled Master Shower with Glass Frameless Door, 1' Step-Up Tray Ceiling in Master Bedroom, French Glass Doors leading out to 23'X8' Covered Lanai, Irrigation System,, 25 Year Dimensional Roof Shingles, Thermal Double Pane Windows, Majority of Closing Costs Paid if Using One of Our Many Preferred Lenders ***MLS Listing Data Subject to Errors & Omissions**
Property details
- Type
- SingleFamilyResidence
- Year built
- 2025
- Interior
- 2,265 sqft
- Lot size
- 10,585.08 sqft
- Acreage
- 0.24 acres
- Garage
- 3 car
- Days on market
- 270
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $6,778/yr
- Flood zone (area est.)
- No · Low risk (X)
- Storm protection
- None listed
- Exposure
- West
- Waterfront
- Yes
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- No
- Spa
- No
- Natural gas
- No
- Water
- Assessment Paid
- Sewer
- Assessment Paid
- 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.
Based on the $/sqft of 5 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 |
|---|---|---|---|---|---|
| 305 SE 2nd Street | Jul 2026 | $498,500 | 4/3 | 2,265 | $220 |
| 118 NE 8th Place | Oct 2025 | $495,000 | 3/2 | 2,210 | $224 |
| 213 SE 6th Street | Jan 2026 | $471,000 | 3/2 | 2,169 | $217 |
| 511 NE 5th Avenue | Aug 2025 | $525,000 | 4/3 | 2,324 | $226 |
| 410 SE 7th Street | Jul 2026 | $410,000 | 3/2 | 2,255 | $182 |
| Average | 5 comps | $479,900 | $214 |
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 $24,900 (5%) from the original list price.
| Jan 19, 2026 | Sold | $470,000 |
| Dec 1, 2025 | Back on market | |
| Oct 18, 2025 | Price reducedfrom $492,150 | $484,150 |
| Mar 2, 2025 | Listed | $494,900 |
The good, the trade-offs & the location
- Built 2025 — post-2002 Florida wind codes (typically lower insurance)
- New construction
- Lower flood risk (zone X)
- Waterfront
- 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.