4 Bed 3 Bath Waterfront SingleFamilyResidence for Sale in CAPE CORAL, FL
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SoldMLS# 225048258

$549,900

4 Bed 3 Bath Waterfront SingleFamilyResidence for Sale in CAPE CORAL, FL

511 NE 5th Avenue, Cape Coral, FL, 33909

4 beds3 baths2,324 sqft2 garage
GatedWaterfront

About this home

Welcome to this Stunning Waterfront residence, where modern elegance meets serene luxury. Nestled in a private and peaceful Cape Coral neighborhood, this home offers a perfect blend of style, functionality, and top-tier craftsmanship.Featuring two master bedrooms, the second is ideal for hosting guests in ultimate comfort. Every detail of this home has been meticulously crafted with high-quality materials, including gorgeous Italian 32x72 tiles and matching tile baseboards for both durability and sophistication.The home also boasts a pitched TPO roof with 6-inch soffits and premium spray insulation, ensuring both energy efficiency and long-term value. At the heart of the home, the chef-inspired kitchen showcases state-of-the-art smart appliances and custom cabinetry, making it a perfect space for culinary creativity. All bedroom closets have been tailored for maximum storage and organization. The smart shower heads add a touch of luxury, changing color to indicate water temperature.The garage features painted floors and an AC splitter, offering additional comfort and functionality. Outdoors, there is ample space for a future pool and the opportunity to create an outdoor paradise tailored to your desires. Inside will be freshly paint before closing. Don’t miss our chance to experience this exceptional home. Schedule a showing today and discover the perfect blend of luxury and convenience!

Property details

Type
SingleFamilyResidence
Year built
2024
Interior
2,324 sqft
Lot size
10,454.4 sqft
Acreage
0.24 acres
Garage
2 car
Days on market
72
Total association fees
None
CDD
None
Est. taxes (1.4%)
$7,699/yr
Flood zone (area est.)
No · Low risk (X)
Storm protection
Impact Windows/Doors
Exposure
East
Waterfront
Yes
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
Assessment Unpaid
Sewer
Assessment Unpaid
New construction
No
Pets
Yes
County
Lee

Maintenance included in the fee

RoadMaintenanceTrash

What the association dues cover, per the MLS. Confirm the full schedule with the HOA.

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.

Above marketThis home is priced above comparable recent sales.
This home
$237/sqft
Comp median
$208/sqft
Difference
+14%

Based on the $/sqft of 7 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.

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Your notes on this home

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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
627 NE 7th TerraceFeb 2026$426,5004/22,204$194
14 NE 6th StreetAug 2025$661,0004/32,324$284
118 NE 8th PlaceOct 2025$495,0003/22,210$224
106 SE 5th AvenueJan 2026$470,0004/32,265$208
1219 NE 5TH PlaceJun 2026$429,9994/32,336$184
1222 NE 6th AvenueDec 2025$495,0003/32,162$229
Average6 comps$496,250$221

Market trends — Cape Coral

Median list
$399,999
Median $/sqft
$234
Median sold (90d)
$384,900
Avg days on market
93
Active listings
2,525
Median sold price · Cape Coral
$382,000last 3 months7% vs $356,900 prior 3 months
Median closed price by month · Cape Coral
2.6% MoM11.3% YoY
$340k$368k$395kJul ’25Jul ’26
$395,000Jul ’26 · 314 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 $60,000 (10.3%) from the original list price.

Aug 29, 2025Sold$525,000
Jul 3, 2025Price reducedfrom $570,000$549,900
May 16, 2025Listed$585,000

The good, the trade-offs & the location

Pros
  • Built 2024 — post-2002 Florida wind codes (typically lower insurance)
  • Lower flood risk (zone X)
  • Waterfront
  • Storm protection: Impact Windows/Doors
  • 2-car garage
Location convenienceHigh
Hospital
2.4 mi
Cape Coral Hospital
Beach
14.6 mi
Fort Myers Beach
Airport
8.2 mi
Page Field (Fort Myers)
Shopping
1.7 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.