923 NE 1st Ave, Cape Coral, FL, 33909
About This Home
New Construction Waterfront Living, No Flood Zone, City Utilities In. Welcome to this brand-new construction home on a freshwater canal, offering incredible value with a new seawall already in place, city water and sewer connected, and NOT located in a flood zone, providing significant savings and peace of mind. With over 1,500 square feet, this thoughtfully designed home features a bright and open layout with porcelain tile flooring throughout, creating a clean, modern feel. The kitchen showcases granite countertops and stainless steel appliances, seamlessly flowing into the main living area for easy everyday living and entertaining. Upgreated front door and epoxy garage flooring. This home is move-in ready with Certificate of Occupancy already in place and includes a 1-year builder warranty starting March 2025, making it a perfect option for a primary residence, seasonal home, or investment property with no repairs or updates needed. Situated on a peaceful freshwater canal, you can enjoy relaxing water views right from your backyard, with room to create your own outdoor oasis. Additional opportunity: There are three identical homes available within a 1-mile radius, all waterfront, offering a unique chance to purchase as a package, ideal for investors looking to expand their portfolio.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: New Construction
- New construction: Yes
- Year built: 2026
Materials
- Roof: Shingle
- Construction materials: Block,Concrete,Stucco
Type & Style
- Home type: SingleFamily
- Architectural style: Ranch,One Story
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Microwave,Range,Refrigerator
- Laundry features: Washer Hookup,Dryer Hookup
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Features
- Built-in Features,Dual Sinks,Kitchen Island,Living/Dining Room,Shower Only,Separate Shower,Vaulted Ceiling(s),Walk-In Closet(s),None,Great Room
- Window features: Single Hung
- Flooring: Tile
Heating & Cooling
- Heating features: Central,Electric
- Cooling features: Central Air,Electric
Interior Area
- Total structure area: 1,505
- Total interior livable area: 1,505 sqft
Property
Details
- Parcel number: 014423C402468.0200
- Lease amount: 0
- Zoning description: R1-W
Features
- Stories: 1
- Patio & porch: Patio
- Exterior features: Sprinkler/Irrigation,Patio,Shutters Manual
- Has view: Yes
- View description: Landscaped
- On waterfront: Yes
- Waterfront features: Canal Access,Seawall
Lot
- Lot size: 10,018 sqft
- Features: Rectangular Lot,Sprinklers Automatic
- Lot size dimensions: 80 x 125 x 80 x 125
Parking
- Total spaces: 2
- Parking features: Attached,Garage
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
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
- Lightning
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Lee County and Florida
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,769 | $21,228 |
| Home Insurance * | $268 | $3,216 |
| Property Taxes | $227 | $2,724 |
| Electricity | $197 | $2,366 |
| Total | $2,461 | $29,532 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-12 | Price change | $374,900 |
| 2026-04-07 | Listed for sale | $399,000 |
| 2021-12-16 | Sold | $34,000 |
| 2021-11-02 | Pending sale | $37,500 |
| 2021-10-26 | Price change | $37,500 |
| 2021-10-19 | Price change | $38,000 |
| 2021-10-08 | Listed for sale | $39,900 |
| 2005-07-06 | Sold | $130,000 |
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