$339,000
4 Bed 2 Bath Waterfront SingleFamilyResidence for Sale in CAPE CORAL, FL
1048 SW 1st Street, Cape Coral, FL, 33991
About this home
**** UPDATE**** Previous buyer canceled during inspection period due to submitting an offer sight unseen and misunderstanding the window type. No issues with the home. Kayak from your backyard! Fresh water canal, NO flood insurance needed, with a 3 car garage, an elevated lot, and NO hurricane damage. Step inside this beautifully maintained home with an open great room layout, vaulted ceilings, and abundant natural light. The home offers vinyl plank flooring throughout, with tile in all the bathrooms. The spacious kitchen features ample cabinetry and a stylish butcher block island. The split bedroom design gives the primary suite additional privacy, complete with his and her closets. Relax outdoors on the screened-in lanai overlooking the tranquil water. The backyard offers ample room to add a pool, allowing you to enhance your outdoor living experience even further. This home also offers a large 3 car garage for a lot of storage space. Located close to grocery stores, shopping, dining, parks, schools, and major routes. Whether you are seeking a full-time residence or a seasonal retreat, this home checks all the boxes.
Property details
- Type
- SingleFamilyResidence
- Year built
- 2021
- Interior
- 1,718 sqft
- Lot size
- 10,018.8 sqft
- Acreage
- 0.23 acres
- Garage
- 3 car
- Days on market
- 44
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $4,746/yr
- Flood zone (area est.)
- No · Low risk (X)
- Storm protection
- None listed
- Exposure
- South
- Waterfront
- Yes
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- No
- Spa
- No
- Natural gas
- No
- Water
- Assessment Paid
- Sewer
- Assessment Unpaid
- 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 14 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.
Seeing several homes? Build a tour and we'll route it for you.
Your notes on this home
Keep private notes on this home — what you love, what to ask about — saved to your account and shared with your agent.
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 |
|---|---|---|---|---|---|
| 1443 SW 1st Street | Aug 2025 | $385,000 | 3/2 | 1,656 | $232 |
| 1420 NW 1st Terrace | Dec 2025 | $319,000 | 3/2 | 1,758 | $181 |
| 112 NW 15th Place | Dec 2025 | $380,000 | 4/2 | 1,800 | $211 |
| 703 NW 1st Terrace | Apr 2026 | $369,900 | 4/2 | 1,696 | $218 |
| 1705 SW Embers Terrace | Aug 2025 | $321,000 | 4/2 | 1,810 | $177 |
| 1700 SW 3rd Street | Mar 2026 | $335,000 | 3/2 | 1,671 | $200 |
| Average | 6 comps | $351,650 | $203 |
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 $6,000 (1.7%) from the original list price.
| Jan 14, 2026 | Sold | $339,000 |
| Nov 21, 2025 | Price reducedfrom $345,000 | $339,000 |
| Nov 19, 2025 | Back on market | |
| Oct 29, 2025 | Listed | $345,000 |
The good, the trade-offs & the location
- Built 2021 — post-2002 Florida wind codes (typically lower insurance)
- 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.
Similar homes nearby
$369,000
MLS# 2026019739916 NW 3rd Avenue, Cape Coral, FL, 33993
$339,900
MLS# 2250077141320 NE 14th Avenue, Cape Coral, FL, 33909
$369,000
MLS# 2250699661806 NE 21st Place, Cape Coral, FL, 33909
$356,000
MLS# 2260117712006 SW 15th Avenue, Cape Coral, FL, 33991
$339,900
MLS# 20260284921509 NW 3rd Place, Cape Coral, FL, 33993
$324,900
MLS# 202602654610 NW 20th Street, Cape Coral, FL, 33993
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.