4 Bed SingleFamilyResidence for Sale in Cape Coral
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SoldMLS# 2026002761

$270,000

4 Bed SingleFamilyResidence for Sale in Cape Coral

2231 NW 5th Street, Cape Coral, FL, 33993

4 beds2 baths1,828 sqft2 garage

About this home

Charming 4-Bedroom Home on Oversized Lot – Endless Potential Welcome to this charming 4-bedroom, 2-bathroom single-family home located at 2231 NW 5th St, Cape Coral, FL, situated on a generous lot just under ¼ acre. This property offers a long driveway and a 2-car garage with direct access, providing ample parking and convenience. The home features a spacious primary bedroom, a functional and well-designed layout, and abundant closet space throughout. Tile flooring flows through the main living areas, while the bedrooms offer comfortable carpeted floors. Additional highlights include an interior laundry room, a small rear porch perfect for relaxing or entertaining, and plenty of outdoor space with room for a pool, garden, or future expansion. With its oversized lot and solid structure, this property presents a fantastic opportunity for investors or owner-occupant buyers looking to customize and add value. Whether you’re seeking a primary residence or an investment opportunity, this home offers endless potential to add personal touches and build equity. Conveniently located near schools, shopping, dining, and major roadways, this property combines space, functionality, and opportunity in a growing Cape Coral neighborhood. Don’t miss the chance to make this home your own—schedule your showing today! PLEASE SEE LINK WITH VIRTUAL TOUR

Property details

Type
SingleFamilyResidence
Year built
2018
Interior
1,828 sqft
Lot size
10,018.8 sqft
Acreage
0.23 acres
Garage
2 car
Days on market
22
Total association fees
None
CDD
None
Est. taxes (1.4%)
$3,780/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
Impact Windows/Doors
Exposure
North
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

Amenities

SeeRemarks

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.

Below marketThis home is priced below comparable recent sales, a potential value.
This home
$148/sqft
Comp median
$163/sqft
Difference
-9%

Based on the $/sqft of 5 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
225 NW 20th AvenueOct 2025$289,9003/21,697$171
1913 NW Embers TerraceSep 2025$265,0003/22,001$132
2730 NW 6th StreetDec 2025$305,0004/21,830$167
27 SW 19th CourtApr 2026$280,0003/21,717$163
2837 NW 2nd TerraceApr 2026$265,0003/21,684$157
Average5 comps$280,980$158

Market trends, Cape Coral

Median list
$399,000
Median $/sqft
$232
Median sold (90d)
$384,750
Avg days on market
92
Active listings
2,482
Median sold price · Cape Coral
$384,999last 3 months6.9% vs $360,000 prior 3 months
Median closed price by month · Cape Coral
2.6% MoM5.7% YoY
$340k$365k$390kJul ’25Sep ’26
$369,990Sep ’26 · 69 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

Up $15,000 (5.6%) from the original list price.

Apr 29, 2026Sold$285,000
Jan 15, 2026Listed$270,000

The good, the trade-offs & the location

Pros
  • Built 2018 — post-2002 Florida wind codes (typically lower insurance)
  • Storm protection: Impact Windows/Doors
  • 2-car garage
Consider
  • In a higher-risk flood zone (AE) — flood insurance likely required
Location convenienceHigh
Hospital
5.1 mi
Cape Coral Hospital
Beach
15.1 mi
Fort Myers Beach
Airport
11 mi
Page Field (Fort Myers)
Shopping
5 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.