5 Bed Waterfront Home for Sale in Cape Coral
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For SaleMLS# 226004436

$434,999

5 Bed Waterfront Home for Sale in Cape Coral

1401 NE 5th Place, Cape Coral, FL, 33909

5 beds3 baths2,601 sqft2 garage
BoatingWaterfront

About this home

WELCOME TO YOUR NEW DR HORTON HOME WATERFRONT HOME!! This is our appealing two-story, open concept, 2601 sqft Hayden Floorplan featuring 5 bedrooms, Den, 3 bathrooms, 2-car garage, a covered under-trusses lanai and all concrete block construction. This home is on a beautiful waterfront lot located in Cape Coral WITH ALL ASSESSMENTS PAID. This home boasts Designer cabinets and quartz countertops in both the kitchen and baths. Experience the timeless beauty and durability of tile plank flooring throughout and custom tiled shower walls in all bathrooms, modern flat stock trim and baseboards, all stainless kitchen appliances, including refrigerator, paver driveways and lanai, irrigation system, and garage door openers. Be wowed by the INCLUDED “home-is-connected” home automation package. This is why owning a brand-new home from America’s largest builder is going to be your best option. These homes move quickly so don’t miss out. Finishings may vary- images are representational only of the model home based in that community.

Property details

Type
SingleFamilyResidence
Year built
2026
Interior
2,601 sqft
Lot size
10,454.4 sqft
Acreage
0.24 acres
Garage
2 car
Days on market
72
Total association fees
None
CDD
None
Est. taxes (1.4%)
$6,090/yr
Flood zone (area est.)
No · Low risk (X)
Storm protection
Shutters
Exposure
East
Waterfront
Yes
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
Assessment Paid
Sewer
Assessment Paid
New construction
Yes
Pets
Call, Conditional
County
Lee

Maintenance included in the fee

IrrigationWater

What the association dues cover, per the MLS. Confirm the full schedule with the HOA.

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
$167/sqft
Comp median
$158/sqft
Difference
+6%

Based on the $/sqft of 3 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.

AddressSoldSold priceBeds/BathsSq ft$/sqft
1317 NE 5th PlaceApr 2026$410,0004/22,406$170
1137 NE 4th PlaceJun 2026$384,9004/22,557$151
909 NE 1st PlaceMay 2026$409,9995/32,601$158
Average3 comps$401,633$160

Market trends, Cape Coral

Median list
$399,000
Median $/sqft
$233
Median sold (90d)
$385,000
Avg days on market
94
Active listings
2,460
Median sold price · Cape Coral
$385,000last 3 months7.2% vs $359,000 prior 3 months
Median closed price by month · Cape Coral
2.6% MoM7% YoY
$340k$365k$390kJul ’25Aug ’26
$380,000Aug ’26 · 444 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 $16,991 (3.8%) from the original list price.

Aug 31, 2026Back on market
Jun 25, 2026Price reducedfrom $456,880$434,999
Jan 28, 2026Listed$451,990

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: Shutters
  • 2-car garage
Location convenienceHigh
Hospital
3.3 mi
Cape Coral Hospital
Beach
15.6 mi
Fort Myers Beach
Airport
8.8 mi
Page Field (Fort Myers)
Shopping
2.4 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.