$649,000
4 Bed Pool Home for Sale in Cape Coral
467 NE 5th Avenue, Cape Coral, FL, 33909
About this home
**City Water and Sewer Installed** Welcome to this stunning new construction waterfront home offering 4 bedrooms, 3 bathrooms, and a spacious 3-car garage with over 1,900 square feet of thoughtfully designed living space. Built with both luxury and functionality in mind, this open-concept residence showcases exceptional craftsmanship and high-end finishes throughout. The heart of the home features a beautifully designed kitchen with custom cabinetry, premium finishes, and ample storage, seamlessly flowing into the expansive living and dining areas. Custom cabinetry extends throughout the home, including all closets, providing both elegance and organization. The spacious primary suite offers a private retreat with a luxurious en-suite bathroom, while the additional bedrooms provide comfort and flexibility for family and guests. Enjoy the warmth and ambiance of a stunning indoor fireplace, creating the perfect focal point for the living area. Step outside to your private waterfront oasis overlooking an oversized freshwater canal. A brand-new seawall is already in place, offering peace of mind and the perfect foundation for enjoying the waterfront lifestyle. Relax in the sparkling saltwater pool or entertain year-round in the fully equipped summer kitchen. The outdoor living area is further enhanced by a beautiful outdoor fireplace and comes complete with TVs already installed and connected, making it ideal for hosting family and friends. Combining modern design, custom finishes, exceptional outdoor living, and prime freshwater canal frontage, this new construction home offers the ultimate Florida lifestyle. Schedule your private showing today and experience everything this remarkable property has to offer.
Property details
- Type
- SingleFamilyResidence
- Year built
- 2026
- Interior
- 1,990 sqft
- Lot size
- 12,632.4 sqft
- Acreage
- 0.29 acres
- Garage
- 3 car
- Days on market
- 59
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $9,086/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
- Yes
- Spa
- No
- Natural gas
- No
- Water
- Assessment Unpaid
- Sewer
- Assessment Unpaid
- New construction
- Yes
- 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.
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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 |
|---|---|---|---|---|---|
| 312 NE 6th Terrace | Sep 2025 | $582,500 | 4/3 | 1,931 | $302 |
| 117 NE 5th Terrace | Jun 2026 | $695,000 | 3/3 | 2,150 | $323 |
| 122 SE 5th Avenue | Sep 2025 | $579,000 | 3/2 | 1,919 | $302 |
| 1040 NE 11th Avenue | Sep 2025 | $559,000 | 4/3 | 1,931 | $289 |
| Average | 4 comps | $603,875 | $304 |
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 $20,000 (3%) from the original list price.
| Aug 19, 2026 | Price reducedfrom $659,000 | $649,000 |
| Jun 28, 2026 | Listed | $669,000 |
The good, the trade-offs & the location
- Built 2026 — post-2002 Florida wind codes (typically lower insurance)
- New construction
- Lower flood risk (zone X)
- Private pool
- Waterfront
- Storm protection: Impact Windows/Doors
- 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.
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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.