Residential for Sale in Cape Coral
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For SaleMLS# 2026034656

$54,900

Residential for Sale in Cape Coral

2832 NW 1st Street, Cape Coral, FL, 33993

- beds baths sqft

About this home

This rare oversized lot offers exceptional space, flexibility, and privacy, sitting just moments from Publix, top-rated schools, beautiful parks, and everyday conveniences. With .38 acres, you have room for a spacious custom home, a pool, outdoor living areas, and more all without sacrificing the neighborhood feel you want. The location is unbeatable: close to shopping, dining, recreation, and major roadways for easy commuting. Whether you’re planning a forever home or a smart investment, this property delivers the size, setting, and potential that buyers search for but rarely find.

Property details

Type
Residential
Year built
Not specified
Interior
Not specified
Lot size
16,639.92 sqft
Acreage
0.38 acres
Garage
None
Days on market
0
Total association fees
None
CDD
None
Est. taxes (1.4%)
$769/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
None listed
Exposure
Southwest
Waterfront
No
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
None
Sewer
Septic Tank
New construction
No
Pets
Not specified
County
Lee

Amenities

Other

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.

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Market trends, Cape Coral

Median list
$399,900
Median $/sqft
$233
Median sold (90d)
$389,900
Avg days on market
94
Active listings
2,515
Median sold price · Cape Coral
$389,900last 3 months8.9% vs $358,000 prior 3 months
Median closed price by month · Cape Coral
7.1% MoM18.3% YoY
$340k$380k$420kJul ’25Aug ’26
$420,000Aug ’26 · 174 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.

The good, the trade-offs & the location

Consider
  • In a higher-risk flood zone (AE) — flood insurance likely required
  • No garage listed
Location convenienceHigh
Hospital
5.7 mi
Cape Coral Hospital
Beach
14.8 mi
Fort Myers Beach
Airport
11.5 mi
Page Field (Fort Myers)
Shopping
5.8 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.