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1517 NE 8th Pl, Cape Coral, FL, 33909

3beds
2baths
1,254sqft
$259,999
$207price/sqft
$1,878/moest. monthly cost
$75,120/yrincome needed

About This Home

Rare Opportunity! These custom-built attached villas are being offered for sale simultaneously and must close together—either to one buyer purchasing both homes or to two buyers purchasing at the same time. Unlike a traditional duplex, each residence is individually parceled and can be financed with its own mortgage, allowing each owner to enjoy the privacy and independence of homeownership while living next door to family or close friends. Welcome to 1517 NE 8th Place, Cape Coral, where quality craftsmanship, thoughtful upgrades, and waterfront living come together at an incredible value. Built in 2020, this beautifully appointed 3-bedroom, 2-bath attached villa offers the luxury and feel of a custom home with the affordability and convenience of low-maintenance living. From the moment you arrive, you'll appreciate the inviting screened front porch, paver driveway, and exceptional curb appeal. Inside, soaring 10-foot ceilings, elegant crown molding, granite countertops, and tile flooring throughout create a bright, open living space designed for both comfort and style. The spacious kitchen flows seamlessly into the living room, where impressive three-panel sliding glass doors open to an extended screened lanai overlooking a peaceful freshwater canal. Step outside to enjoy your morning coffee, entertain friends, or simply relax while taking in the waterfront views. A shared concrete dock provides direct access to the freshwater canal, making it easy to kayak, fish, or enjoy Southwest Florida's outdoor lifestyle. The spacious primary suite features dual vanities, a luxurious floor-to-ceiling tiled walk-in shower, and a large walk-in closet. The spare bathroom features a jacuzzi tub for cozy relaxation after a long day. An oversized one-car garage provides additional storage, while the fully fenced backyard offers privacy for pets and outdoor entertaining. Best of all, this home is not located in a flood zone, providing added peace of mind and potential insurance savings. Originally custom built by the current owners so they could enjoy luxury living side by side, both villas feature the same thoughtfully designed floor plan and identical high-end finishes. Whether you're looking to purchase both homes for investment or multi-generational living, or you're coordinating with parents, adult children, siblings, or close friends, this is a truly unique opportunity. Each residence can be owned, financed, and mortgaged separately, allowing every owner to enjoy the benefits of independent homeownership while living next door to the people who matter most. Luxury finishes. Waterfront living. No flood zone. Individual ownership. A one-of-a-kind opportunity—all for just $259,999.

Getting Around

10
WalkingCar-Dependent
0
TransitVery Limited Transit
29
BikeSomewhat Bikeable

Schools

8/10
5/10
Diplomat Middle SchoolGrades 6-80.5 mi
6/10

Construction

Condition

  • Property condition: Resale
  • Year built: 2020

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,Freezer,Microwave,Range,Refrigerator
  • Laundry features: Washer Hookup,Dryer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Dual Sinks,Family/Dining Room,High Ceilings,Living/Dining Room,Shower Only,Separate Shower,Cable TV,Walk-In Closet(s),Screened Porch,Great Room
  • Window features: Double Hung
  • Flooring: Tile

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 1,566
  • Total interior livable area: 1,254 sqft

Property

Details

  • Parcel number: 064424C102069.0060
  • Attached to another structure: Yes
  • Lease amount: 0
  • Zoning description: RML

Features

  • Stories: 1
  • Patio & porch: Lanai,Patio,Porch,Screened
  • Exterior features: Fence,Sprinkler/Irrigation,Patio,Shutters Manual
  • Has view: Yes
  • View description: Canal,Water
  • Has water view: Yes
  • Water view: Canal,Water
  • On waterfront: Yes
  • Waterfront features: Canal Access,Intersecting Canal,Seawall

Lot

  • Lot size: 5,005 sqft
  • Features: Rectangular Lot,Sprinklers Automatic
  • Lot size dimensions: 40 x 125 x 40 x 125

Parking

  • Total spaces: 1
  • Parking features: Attached,Garage,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

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
    HurricaneVery High
  • Lightning
    LightningVery 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 $1,314$15,768
Home Insurance *$199$2,388
Property Taxes $168$2,016
Electricity $197$2,366
Total$1,878$22,536
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$64,388/yr
40% on housing$56,340/yr
45% on housing$50,080/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

$207This listing

vs Other Active Listings

Avg $/sqft

ZIP 33909$176
Lee County$283

vs Homes Sold Last Month

Median $/sqft

ZIP 33909$195
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
2026-06-30Listed for sale$259,999

For Sale by Agent

AgentTrey Yeatter
BrokerageSchooner Bay Realty, Inc.

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