See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

523 NW 16th Pl, Cape Coral, FL, 33993

4beds
3baths
2,207sqft
$745,000
$338price/sqft
$5,503/moest. monthly cost
$220,120/yrincome needed

About This Home

Tax ID: 09-44-23-C2-03767.0170 Folio ID: 10061312 Stunning 2024 new construction home located in one of the most desirable areas of NW Cape Coral! This beautifully designed residence features 4 spacious bedrooms and 3 full bathrooms, along with a fully legal one-bedroom guest house, offering excellent flexibility for extended family or additional income. The home is offered fully furnished and showcases elegant porcelain tile flooring throughout, high-end finishes, and a modern open-concept layout perfect for comfortable living and entertaining. The gourmet kitchen is equipped with premium appliances, sleek cabinetry, and a spacious island. Step outside to your private Florida oasis, featuring a sparkling pool and an impressive lanai with a fully equipped outdoor kitchen—ideal for relaxing or hosting year-round. The expansive backyard provides ample space for outdoor enjoyment. Conveniently located near Burnt Store Rd with easy access to Punta Gorda, shopping centers, dining, schools, and just minutes from Matlacha and Cape Coral’s waterfront attractions. Excellent opportunity for both homeowners and investors, with strong potential for short-term or long-term rental income.

Getting Around

14
WalkingCar-Dependent
0
TransitVery Limited Transit
28
BikeSomewhat Bikeable

Schools

3/10
Mariner Middle SchoolGrades 6-80.1 mi
3/10
Mariner High SchoolGrades 9-120.2 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 2024

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: Dryer,Dishwasher,Electric Cooktop,Freezer,Disposal,Microwave,Refrigerator,Washer

Bedrooms & Bathrooms

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

Features

  • Bathtub,Tray Ceiling(s),Closet Cabinetry,Dual Sinks,High Ceilings,Living/Dining Room,Custom Mirrors,Separate Shower,Walk-In Pantry,Walk-In Closet(s),Split Bedrooms,Den
  • Window features: Impact Glass
  • Flooring: Marble,Tile

Heating & Cooling

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

Interior Area

  • Total structure area: 2,734
  • Total interior livable area: 2,207 sqft

Property

Details

  • Parcel number: 094423C2037670170
  • Lease amount: 0

Features

  • Stories: 1
  • Private pool: Yes
  • Pool features: Concrete,In Ground
  • Patio & porch: Patio
  • Exterior features: Fence,Security/High Impact Doors,Patio,Gas Grill
  • Waterfront features: None

Lot

  • Lot size: 0.34 Acres
  • Features: Rectangular Lot
  • Lot size dimensions: 120 x 125 x 120 x 125

Parking

  • Total spaces: 4
  • Parking features: Attached,Driveway,Garage,Paved,Attached Carport,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 4
  • Has uncovered spaces: Yes
  • Carport: Yes
  • Carport 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
    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 $3,767$45,204
Home Insurance *$519$6,228
Property Taxes $995$11,940
Electricity $222$2,665
Total$5,503$66,036
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$188,674/yr
40% on housing$165,090/yr
45% on housing$146,746/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

$338This listing

vs Other Active Listings

Avg $/sqft

ZIP 33993$226
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
2026-04-05Listed for sale$745,000
2026-03-30Listing removed$748,000
2026-01-02Listed for sale$748,000
2025-12-22Listing removed$786,000
2025-06-25Listed for sale$786,000
2024-08-19Sold$632,000
2024-07-11Pending sale$625,900
2024-06-17Price change$625,900
2024-05-29Listed for sale$629,900
2021-02-26Sold$20,000
2021-02-10Pending sale$24,900
2021-01-14Listed for sale$24,900

For Sale by Agent

AgentRodin Delgado Berros
BrokerageUnited Realty Group Inc

Similar Homes