$619,000
4 Bed 3 Bath Pool Waterfront SingleFamilyResidence for Sale in CAPE CORAL, FL
516 SW 11th Place, Cape Coral, FL, 33991
About this home
Professionally decorated and offered turnkey, this exceptional nearly new waterfront residence on a freshwater canal is the perfect blend of luxury, comfort, and effortless Florida living. This beautifully appointed home is filled with upscale finishes and thoughtful upgrades throughout. Stunning tropical landscaping, accented by oversized decorative planters, creates a lush, resort-style setting and unforgettable curb appeal. Inside, elegant etched glass interior and exterior doors, a security system, and new automatic zebra blinds elevate the home’s style and sophistication. The oversized lanai is designed for entertaining and relaxation, featuring a stainless pool bar, new pool heater, freshly sealed surfaces, and hurricane fabric electric roll-down shutters enclosing the under-truss lanai for added comfort and peace of mind. The freshwater canal offers a peaceful setting and is perfect for kayaking and fishing right from your backyard. Additional premium features include a buried 250-gallon propane tank and whole-house generator. With designer furnishings included and every detail already in place, this turnkey canal-front home offers a rare opportunity to step right into a refined waterfront lifestyle.
Property details
- Type
- SingleFamilyResidence
- Year built
- 2024
- Interior
- 1,735 sqft
- Lot size
- 10,062.36 sqft
- Acreage
- 0.23 acres
- Garage
- 2 car
- Days on market
- 31
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $8,666/yr
- Flood zone (area est.)
- No · Low risk (X)
- Storm protection
- Impact Windows/Doors, Shutters
- Exposure
- West
- Waterfront
- Yes
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- Yes
- Spa
- No
- Natural gas
- Yes
- Water
- Assessment Unpaid
- 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 11 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 |
|---|---|---|---|---|---|
| 1202 SW 11th Place | Jan 2026 | $639,000 | 3/3 | 1,590 | $402 |
| 728 SW 8th Terrace | Aug 2025 | $600,000 | 4/3 | 1,931 | $311 |
| 1301 SW 13th Street | Jun 2026 | $649,500 | 4/3 | 1,931 | $336 |
| 1425 SW 11th Court | Nov 2025 | $555,000 | 4/3 | 1,734 | $320 |
| 446 SW 19th Avenue | Mar 2026 | $579,000 | 4/2 | 1,735 | $334 |
| 9 SW 14th Avenue | Jan 2026 | $615,000 | 4/3 | 1,931 | $318 |
| Average | 6 comps | $606,250 | $337 |
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 $59,999 (9.1%) from the original list price.
| May 5, 2026 | Sold | $600,000 |
| Apr 17, 2026 | Price reducedfrom $624,999 | $619,000 |
| Mar 23, 2026 | Listed | $659,999 |
The good, the trade-offs & the location
- Built 2024 — post-2002 Florida wind codes (typically lower insurance)
- Lower flood risk (zone X)
- Private pool
- Waterfront
- Storm protection: Impact Windows/Doors, Shutters
- 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.