4 Bed Waterfront Home for Sale in Cape Coral
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For SaleMLS# 2026023282

$334,900

4 Bed Waterfront Home for Sale in Cape Coral

1723 NE 1st Avenue, Cape Coral, FL, 33909

4 beds3 baths1,683 sqft2 garage
BoatingWaterfront

About this home

BACK ON THE MARKET AFTER BUYER'S FINANCING FELL THROUGH- There’s a quiet confidence about this home—the kind you feel the moment you arrive, where everything simply feels elevated, intentional, and just a little ahead of the rest. Enjoy the peaceful canal view right from your screened in back patio! Step inside, and the home immediately opens up in a way that feels both expansive and welcoming. The great room is filled with natural light, anchored by a stunning kitchen designed to impress without sacrificing function. Sleek cabinetry, striking quartz countertops, stainless steel appliances, and thoughtfully placed pendant lighting come together to create a space that feels as refined as it is livable. The continuity of tile flooring throughout the entire home enhances that clean, modern aesthetic while offering durability for everyday life. The primary suite is a retreat in every sense, with a tray ceiling adding dimension and a spa-inspired bath that delivers both style and comfort. Dual vanities, illuminated mirrors, and a beautifully designed tile shower create a space that feels like a quiet escape at the end of the day, complemented by a generous walk-in closet. What truly sets this home apart is the second primary suite tucked away on the opposite side—ideal for multi-generational living, extended guests, or simply offering that extra layer of privacy. With its own ensuite bath and direct access to the screened lanai, it feels like a private retreat within the home. The additional guest bedrooms are thoughtfully sized and share a beautifully finished bath that continues the home’s cohesive, upscale feel. This is more than a home that checks the boxes—it’s one that anticipates what today’s buyers are truly looking for: style, flexibility, quality, and a location that feels like it’s just getting started.

Property details

Type
SingleFamilyResidence
Year built
2026
Interior
1,683 sqft
Lot size
10,018.8 sqft
Acreage
0.23 acres
Garage
2 car
Days on market
32
Total association fees
None
CDD
None
Est. taxes (1.4%)
$4,689/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
No
Spa
No
Natural gas
No
Water
Well
Sewer
Septic Tank
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.

Above marketThis home is priced above comparable recent sales.
This home
$199/sqft
Comp median
$180/sqft
Difference
+11%

Based on the $/sqft of 6 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.

AddressSoldSold priceBeds/BathsSq ft$/sqft
1811 NE 1st PlaceJun 2026$320,0004/21,812$177
111 NE 15th TerraceJun 2026$369,9904/21,829$202
301 Diplomat ParkwayMay 2026$345,0004/21,812$190
322 NE 17th StreetApr 2026$328,7004/21,829$180
211 NE 20th StreetJul 2026$290,0003/21,747$166
118 NW 15th TerraceMar 2026$326,5004/21,829$179
Average6 comps$330,032$182

Market trends, Cape Coral

Median list
$399,900
Median $/sqft
$233
Median sold (90d)
$389,000
Avg days on market
95
Active listings
2,498
Median sold price · Cape Coral
$389,000last 3 months8.7% vs $358,000 prior 3 months
Median closed price by month · Cape Coral
7.8% MoM19% YoY
$340k$381k$423kJul ’25Aug ’26
$422,500Aug ’26 · 134 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

Aug 13, 2026Back on market
May 25, 2026Listed$334,900

The good, the trade-offs & the location

Pros
  • Built 2026 — post-2002 Florida wind codes (typically lower insurance)
  • New construction
  • Lower flood risk (zone X)
  • Waterfront
  • Storm protection: Impact Windows/Doors
  • 2-car garage
Location convenienceHigh
Hospital
3.9 mi
Cape Coral Hospital
Beach
16.1 mi
Fort Myers Beach
Airport
9.6 mi
Page Field (Fort Myers)
Shopping
3.1 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.