$439,000
4 Bed Waterfront Home for Sale in Cape Coral
313 NE 5th Terrace, Cape Coral, FL, 33909
About this home
This 4-bedroom, 3-bathroom home in Northeast Cape Coral offers 2,003 square feet of living space with an open floor plan designed for comfortable everyday living and easy entertaining. Lightly lived in and exceptionally well maintained, the home features modern finishes, abundant natural light, and a bright, open layout throughout. Tile flooring runs throughout the entire home, creating a clean and cohesive look that is both stylish and easy to maintain. The kitchen offers ample cabinet and counter space and opens seamlessly to the main living areas, making it ideal for both daily living and gathering with family and friends. The washer and dryer are included, making this move-in ready home an easy choice for full-time residents, seasonal homeowners, or investors. The 2-car garage provides ample space for vehicles, storage, or a workspace. Situated on a freshwater canal and located outside of a flood zone, the backyard offers peaceful water views and the setting that makes Cape Coral living so desirable. A seawall is already in place, and city water and sewer are connected with all assessments paid in full, providing significant value and peace of mind for future owners. With minimal wear and a like-new feel throughout, this home is ready for its next owner. Whether you are looking for a primary residence, seasonal retreat, or investment property, this Northeast Cape Coral home offers modern construction, a functional layout, and canal views in one of Southwest Florida's fastest-growing areas. Conveniently located near shopping, dining, parks, schools, and local amenities, you'll enjoy everything Cape Coral has to offer, including boating, fishing, golf, waterfront dining, and the Southwest Florida lifestyle.
Property details
- Type
- SingleFamilyResidence
- Year built
- 2025
- Interior
- 2,009 sqft
- Lot size
- 10,628.64 sqft
- Acreage
- 0.24 acres
- Garage
- 2 car
- Days on market
- 4
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $6,146/yr
- Flood zone (area est.)
- No · Low risk (X)
- Storm protection
- Impact Windows/Doors
- Exposure
- North
- 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
- 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 4 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 |
|---|---|---|---|---|---|
| 454 NE Juanita Court | Nov 2025 | $415,000 | 3/3 | 1,927 | $215 |
| 121 NE 8th Terrace | Jul 2026 | $410,000 | 3/3 | 1,904 | $215 |
| 208 NE 9th Street | Apr 2026 | $425,000 | 3/2 | 1,974 | $215 |
| 631 TROPICANA Parkway | Jan 2026 | $399,999 | 4/3 | 2,020 | $198 |
| Average | 4 comps | $412,500 | $211 |
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
| Jul 21, 2026 | Sold | $439,000 |
| Jun 25, 2026 | Listed | $439,000 |
The good, the trade-offs & the location
- Built 2025 — post-2002 Florida wind codes (typically lower insurance)
- Lower flood risk (zone X)
- Waterfront
- Storm protection: Impact Windows/Doors
- 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.
Similar homes nearby
$443,860
MLS# 226029884583 Spring Hill Lake Loop, Cape Coral, FL, 33993
$415,000
MLS# 20260334991623 NW 2nd Street, Cape Coral, FL, 33993
$384,600
MLS# 2026003556226 NE 15th Terrace, Cape Coral, FL, 33909
$380,000
MLS# 2260145631315 NE 20th Avenue, Cape Coral, FL, 33909
$419,900
MLS# 20260355683338 NE 9th Place, Cape Coral, FL, 33909
$394,999
MLS# 22601603816893 Elkhorn Coral Drive, North Fort Myers, FL, 33903
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.