$435,000
4 Bed Waterfront Home for Sale in Cape Coral
2835 NE 5th Place, Cape Coral, FL, 33909
About this home
Brand-new construction in the final stages of completion and awaiting final Certificate of Occupancy. Be among the first to own this beautifully designed waterfront home. Expected to be move-in ready upon issuance of the final CO. Welcome to this beautifully designed 4-bedroom + den, 2-bath residence offering modern comfort, quality construction, and waterfront living. Situated on a canal with direct backyard access perfect for kayaking and enjoying the Florida lifestyle, this home combines functionality with elegant finishes throughout. The open-concept floor plan features a spacious living area that flows seamlessly into the gourmet kitchen, complete with a large center island, double-stacked cabinetry for extra storage, and premium finishes. The split-bedroom layout provides privacy, with a luxurious primary suite featuring dual vanities, a walk-in shower, and generous closet space.Additional highlights include impact-resistant garage door, underground utilities for enhanced reliability and curb appeal, a spacious covered lanai overlooking the canal, and a 2-car garage. Whether you're entertaining guests or enjoying a peaceful waterfront sunset, this home offers the perfect blend of style, comfort, and convenience. Property is currently served by private well and septic. Located within the City's Utility Expansion Project (UEP) area. Buyer should verify utility connection status and any future or existing utility assessments with the City of Cape Coral.
Property details
- Type
- SingleFamilyResidence
- Year built
- 2026
- Interior
- 2,034 sqft
- Lot size
- 10,018.8 sqft
- Acreage
- 0.23 acres
- Garage
- 2 car
- Days on market
- 61
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $6,090/yr
- Flood zone (area est.)
- No · Low risk (X)
- Storm protection
- Impact Windows/Doors
- Exposure
- Northeast
- 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
Maintenance included in the fee
What the association dues cover, per the MLS. Confirm the full schedule with the HOA.
Amenities
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 5 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.
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Your notes on this home
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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 |
|---|---|---|---|---|---|
| 710 Jacaranda Parkway | Nov 2025 | $430,000 | 4/3 | 1,886 | $228 |
| 351 NE 25th Street | Jun 2026 | $375,000 | 3/2 | 1,913 | $196 |
| 2220 NE 9th Place | Jul 2026 | $455,000 | 4/2 | 1,842 | $247 |
| 1129 NE 33RD Street | Nov 2025 | $376,490 | 5/3 | 2,077 | $181 |
| 2701 NW 1st Place | May 2026 | $389,900 | 4/3 | 2,135 | $183 |
| Average | 5 comps | $405,278 | $207 |
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
Up $40,000 (10.1%) from the original list price.
| Sep 4, 2026 | Under contract | |
| Jun 22, 2026 | Price increasedfrom $395,000 | $435,000 |
| Jun 12, 2026 | Listed | $395,000 |
The good, the trade-offs & the location
- Built 2026 — post-2002 Florida wind codes (typically lower insurance)
- New construction
- Lower flood risk (zone X)
- 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.