$339,900
4 Bed Waterfront Home for Sale in Cape Coral
1509 NW 3rd Place, Cape Coral, FL, 33993
About this home
Incredible, like-new waterfront home situated on a freshwater canal with desirable eastern exposure! Enjoy peaceful canal views and the Florida lifestyle from your own backyard. This thoughtfully designed home features a spacious primary bedroom with a private bath, a guest en-suite bedroom, two additional guest bedrooms, and a full guest bath. The bright, open-concept floor plan is filled with natural light and neutral finishes, providing the perfect canvas for your personal style. The beautifully appointed kitchen features a French-door drawer refrigerator, ample cabinetry, and a large island that's perfect for entertaining, casual dining, or everyday living. Best of all, this home is located in an area where flood insurance is not currently required by most lenders. Don't miss this opportunity to own your own waterfront paradise!
Property details
- Type
- SingleFamilyResidence
- Year built
- 2024
- Interior
- 1,698 sqft
- Lot size
- 10,018.8 sqft
- Acreage
- 0.23 acres
- Garage
- 2 car
- Days on market
- 45
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $4,759/yr
- Flood zone (area est.)
- Not available
- Storm protection
- None listed
- 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
- No
- Pets
- Yes
- County
- Lee
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.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 523 NW 15th Street | Aug 2025 | $309,990 | 3/2 | 1,550 | $200 |
| 118 NW 15th Terrace | Mar 2026 | $326,500 | 4/2 | 1,829 | $179 |
| 1311 NW Juanita Place | Mar 2026 | $308,335 | 3/2 | 1,663 | $185 |
| 427 NW 18th Street | Aug 2026 | $343,500 | 4/2 | 1,829 | $188 |
| 1733 NW 6th Avenue | Jul 2026 | $320,000 | 3/2 | 1,552 | $206 |
| 1425 NW 7th Place | Jun 2026 | $299,999 | 4/2 | 1,499 | $200 |
| Average | 6 comps | $318,054 | $193 |
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 (2.9%) from the original list price.
| Jul 22, 2026 | Price reducedfrom $349,900 | $339,900 |
| Jul 9, 2026 | Listed | $349,900 |
The good, the trade-offs & the location
- Built 2024 — post-2002 Florida wind codes (typically lower insurance)
- Waterfront
- 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.