5 Bed SingleFamilyResidence for Sale in Cape Coral
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For SaleMLS# 2026021040

$505,900

5 Bed SingleFamilyResidence for Sale in Cape Coral

1524 SW 29th Street, Cape Coral, FL, 33914

5 beds2.5 baths2,409 sqft3 garage
Gated

About this home

Home is under-construction and the expected completion date is Dec 30th. ***$25,000 PURCHASE INCENTIVES INCLUDING CLOSINGS COSTS! ***Step into Palm Beach, a masterpiece of modern elegance by Terrata Homes, where sophistication meets comfort in one of Cape Coral’s most coveted locations. This five-bedroom home offers a stunning three-car garage, sprawling open-concept design, and an array of high-end finishes that redefine luxury. Every inch of this home has been meticulously designed to impress, offering expansive living spaces, a chef-inspired kitchen, and a resort-style outdoor retreat.

Property details

Type
SingleFamilyResidence
Year built
2026
Interior
2,409 sqft
Lot size
10,628.64 sqft
Acreage
0.24 acres
Garage
3 car
Days on market
95
Total association fees
None
CDD
None
Est. taxes (1.4%)
$7,083/yr
Flood zone (area est.)
No · Low risk (X)
Storm protection
Impact Windows/Doors, Shutters
Exposure
Southwest
Waterfront
No
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
Assessment Unpaid
Sewer
Assessment Unpaid
New construction
No
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.

At marketThis home is priced in line with comparable recent sales.
This home
$210/sqft
Comp median
$212/sqft
Difference
-1%

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
1635 SW 30th StreetMar 2026$479,0004/32,238$214
1820 SW 29th TerraceAug 2026$545,0004/32,240$243
1909 SW 29th TerraceApr 2026$600,0004/32,389$251
2720 SW 11th AvenueNov 2025$490,0005/22,409$203
2540 SW 9th PlaceApr 2026$482,0004/22,319$208
2613 SW 22nd PlaceDec 2025$540,0004/32,577$210
Average6 comps$522,667$222

Market trends, Cape Coral

Median list
$399,000
Median $/sqft
$232
Median sold (90d)
$385,000
Avg days on market
94
Active listings
2,481
Median sold price · Cape Coral
$385,000last 3 months7.2% vs $359,000 prior 3 months
Median closed price by month · Cape Coral
1.3% MoM8.4% YoY
$340k$365k$390kJul ’25Aug ’26
$384,750Aug ’26 · 413 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

Down $14,000 (2.7%) from the original list price.

Jul 2, 2026Price reducedfrom $499,900$505,900
May 7, 2026Listed$519,900

The good, the trade-offs & the location

Pros
  • Built 2026 — post-2002 Florida wind codes (typically lower insurance)
  • Lower flood risk (zone X)
  • Storm protection: Impact Windows/Doors, Shutters
  • 3-car garage
Location convenienceHigh
Hospital
4.5 mi
Cape Coral Hospital
Beach
10.7 mi
Fort Myers Beach
Airport
8.9 mi
Page Field (Fort Myers)
Shopping
5.5 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.