$404,900
4 Bed Waterfront Home for Sale in Cape Coral
1024 SW 1st Street, Cape Coral, FL, 33991
About this home
Brand new construction located on a freshwater canal in a highly desirable area near Pine Island Road. This 4-bedroom, 2-bath home features impact-resistant windows, tile flooring throughout, and a thoughtfully designed open floor plan. The home is finished with granite countertops throughout, soft-close cabinetry, and modern finishes. The kitchen opens seamlessly to the main living and dining areas, while both bathrooms include fully tiled showers and quality fixtures. Enjoy waterfront living with peaceful canal views, all while being minutes from Pine Island Road shopping, dining, and major conveniences. A rare opportunity to own a new construction canal-front home in a prime location.
Property details
- Type
- SingleFamilyResidence
- Year built
- 2025
- Interior
- 1,921 sqft
- Lot size
- 10,018.8 sqft
- Acreage
- 0.23 acres
- Garage
- 2 car
- Days on market
- 34
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $5,669/yr
- Flood zone (area est.)
- No · Low risk (X)
- Storm protection
- Impact Windows/Doors
- Exposure
- South
- Waterfront
- Yes
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- No
- 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 8 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 |
|---|---|---|---|---|---|
| 1114 SW 1st Street | Sep 2025 | $433,000 | 3/2 | 1,751 | $247 |
| 1111 SW Embers Terrace | Feb 2026 | $449,000 | 4/2 | 1,938 | $232 |
| 9 NW 12th Place | Jul 2026 | $465,000 | 3/3 | 1,980 | $235 |
| 913 Embers Parkway | Jul 2026 | $450,000 | 3/2 | 1,869 | $241 |
| 814 NW 1st Terrace | Jul 2026 | $350,000 | 4/2 | 1,828 | $191 |
| 813 NW 1ST Terrace | Jan 2026 | $399,999 | 4/3 | 2,020 | $198 |
| Average | 6 comps | $424,500 | $224 |
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 $10,000 (2.4%) from the original list price.
| Mar 10, 2026 | Price reducedfrom $414,900 | $404,900 |
| Feb 4, 2026 | Listed | $414,900 |
The good, the trade-offs & the location
- Built 2025 — post-2002 Florida wind codes (typically lower insurance)
- New construction
- 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.
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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.