$388,900
4 Bed SingleFamilyResidence for Sale in Cape Coral
118 NW 1st Place, Cape Coral, FL, 33993
About this home
SYNERGY HOMES, a Better House a Better Value! This stunning new construction home has City Water & Sewer and is located in Cape Coral which has some of the highest ratings for quality of life, retirement, outdoor activities, and overall livability. The Cape ranks particularly high in terms of cost of living and safety. With a generous 1,809 square feet of living space, this 4-bedroom, 2-bath home is close to shopping, dining and has plenty of extra room to build a pool just outside your large 10x16 under-truss lanai. Lounge in your peaceful backyard behind your upscale vinyl privacy fence. Builder's preferred lender is currently offering 5.75 FHA with 3.5 down for 30 years fixed. Photos of pool have been virtually staged and do not represent the current standing of the property. This home also includes a generous 2-Car garage with epoxy flooring. ALL at a competitive price! Currently slated for completion in March 2025. Photos and virtual tour are of a similar home. Comes with a full Builders 2-10 warranty. Builder has other homes available at varying stages of completion. Call us to set up a time to discuss options including color schemes and timeframe.
Property details
- Type
- SingleFamilyResidence
- Year built
- 2025
- Interior
- 1,809 sqft
- Lot size
- 10,672.2 sqft
- Acreage
- 0.24 acres
- Garage
- 2 car
- Days on market
- 280
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $5,445/yr
- Flood zone (area est.)
- No · Low risk (X)
- Storm protection
- None listed
- Exposure
- West
- Waterfront
- No
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- No
- Spa
- No
- Natural gas
- No
- Water
- Public
- Sewer
- Public Sewer
- New construction
- Yes
- Pets
- Yes
- County
- Lee
Amenities
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 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.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 201 NW 3rd Lane | Jun 2026 | $410,000 | 3/2 | 1,783 | $230 |
| 405 NW Juanita Court | Feb 2026 | $353,000 | 4/2 | 1,829 | $193 |
| 2 NE 3rd Lane | Jun 2026 | $364,900 | 3/2 | 1,772 | $206 |
| 207 NW 4th Place | Feb 2026 | $356,000 | 4/2 | 1,829 | $195 |
| 454 NE Juanita Court | Nov 2025 | $415,000 | 3/3 | 1,927 | $215 |
| 412 NW 4th Street | Mar 2026 | $354,000 | 4/2 | 1,829 | $194 |
| Average | 6 comps | $375,483 | $206 |
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 $35,750 (8.7%) from the original list price.
| Oct 9, 2025 | Sold | $373,150 |
| Apr 10, 2025 | Price reducedfrom $389,900 | $388,900 |
| Nov 20, 2024 | Listed | $408,900 |
The good, the trade-offs & the location
- Built 2025 — post-2002 Florida wind codes (typically lower insurance)
- New construction
- Lower flood risk (zone X)
- 2-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.