Waterfront Home for Sale in Cape Coral, FL, $79,900
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For SaleMLS# 2026033208

$79,900

Waterfront Home for Sale in Cape Coral, FL, $79,900

1008 NE 1st Place, Cape Coral, FL, 33909

beds baths sqft
Waterfront

About this home

A great chance to own a waterfront property with a brand new seawall in place and in a zone that does NOT require flood insurance! Enjoy sunsets on the water from your backyard in the evenings with your western facing rear exposure. There are multiple food options just 6 minutes away: Mission BBQ, First Watch, Love Boat Ice Cream, Eagle Specialty Coffee, Huey Magoos, Diary Queen, Outback, Chick-fil-A, Chili's and more! Walmart is 8 minutes away. Publix is 10 minutes away. Farmer Joes and Alids are 10 minutes away. You cannot beat this location!

Property details

Type
Residential
Year built
Not specified
Interior
Not specified
Lot size
10,018.8 sqft
Acreage
0.23 acres
Garage
None
Days on market
0
Total association fees
None
CDD
None
Est. taxes (1.4%)
$1,119/yr
Flood zone (area est.)
No · Low risk (X)
Storm protection
None listed
Exposure
West
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
Not specified
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.

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Market trends — Cape Coral

Median list
$399,900
Median $/sqft
$234
Median sold (90d)
$386,000
Avg days on market
94
Active listings
2,497
Median sold price · Cape Coral
$385,000last 3 months7.2% vs $359,000 prior 3 months
Median closed price by month · Cape Coral
20.7% MoM34.4% YoY
$340k$408k$477kJul ’25Aug ’26
$476,950Aug ’26 · 24 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

Pros
  • Lower flood risk (zone X)
  • Waterfront
Consider
  • No garage listed
Location convenienceHigh
Hospital
3.1 mi
Cape Coral Hospital
Beach
15.2 mi
Fort Myers Beach
Airport
8.9 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.