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1509 NW 3rd Pl, Cape Coral, FL, 33993

4beds
3baths
1,698sqft
$339,900
$200price/sqft
$2,678/moest. monthly cost
$107,120/yrincome needed

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!

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

5/10
Diplomat Middle SchoolGrades 6-81.9 mi
3/10
Mariner High SchoolGrades 9-121.8 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 2024

Materials

  • Roof: Shingle
  • Construction materials: Block,Concrete,Stucco

Type & Style

  • Home type: SingleFamily
  • Architectural style: Florida,Ranch,One Story
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dryer,Dishwasher,Freezer,Microwave,Range,Refrigerator,Self Cleaning Oven,Washer
  • Laundry features: Inside

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Breakfast Bar,Dual Sinks,Family/Dining Room,Living/Dining Room,Shower Only,Separate Shower,Split Bedrooms,Bathroom,Guest Quarters,Screened Porch,Great Room
  • Window features: Other
  • Flooring: Tile

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air,Ceiling Fan(s),Electric

Interior Area

  • Total structure area: 2,145
  • Total interior livable area: 1,698 sqft

Property

Details

  • Parcel number: 024423C202623.0040
  • Lease amount: 0
  • Zoning description: R1

Features

  • Stories: 1
  • Patio & porch: Lanai,Porch,Screened
  • Exterior features: None,Room For Pool,Shutters Manual
  • Has view: Yes
  • View description: Canal
  • Has water view: Yes
  • Water view: Canal
  • On waterfront: Yes
  • Waterfront features: Canal Access

Lot

  • Lot size: 10,018 sqft
  • Features: Rectangular Lot
  • Lot size dimensions: 80 x 125 x 80 x 125

Parking

  • Total spaces: 2
  • Parking features: Attached,Driveway,Garage,Paved,Two Spaces,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneRelatively High
  • Lightning
    LightningRelatively High
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Lightning
Tsunami

FEMA Declared Disasters in Lee County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,718$20,616
Home Insurance *$236$2,832
Property Taxes $527$6,324
Electricity $197$2,366
Total$2,678$32,136
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$91,817/yr
40% on housing$80,340/yr
45% on housing$71,413/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 15.2%
15.2%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 2.7%
2.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$200This listing

vs Other Active Listings

Avg $/sqft

ZIP 33993$228
Lee County$283

vs Homes Sold Last Month

Median $/sqft

ZIP 33993$209
Lee County$222

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-22Price change$339,900
2026-07-09Listed for sale$349,900
2025-07-15Listing removed$2,250
2025-07-10Listed for rent$2,250
2025-07-10Listing removed$2,250
2025-06-28Price change$2,250
2025-06-06Listed for rent$2,400
2021-12-10Sold$33,000
2021-11-19Pending sale$37,500
2021-08-29Listed for sale$37,500
2003-12-09Sold$28,000
2003-04-11Sold$20,000

For Sale by Agent

AgentMichelle Ballantine
BrokerageCentury 21 Selling Paradise

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