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2835 NE 5th Place Cpe, Coral, FL, 33909

4beds
2baths
2,034sqft
$435,000
$214price/sqft
$3,019/moest. monthly cost
$120,760/yrincome needed

About This Home

Brand-new construction in the final stages of completion and awaiting final Certificate of Occupancy. Be among the first to own this beautifully designed waterfront home. Expected to be move-in ready upon issuance of the final CO. Welcome to this beautifully designed 4-bedroom + den, 2-bath residence offering modern comfort, quality construction, and waterfront living. Situated on a canal with direct backyard access perfect for kayaking and enjoying the Florida lifestyle, this home combines functionality with elegant finishes throughout. The open-concept floor plan features a spacious living area that flows seamlessly into the gourmet kitchen, complete with a large center island, double-stacked cabinetry for extra storage, and premium finishes. The split-bedroom layout provides privacy, with a luxurious primary suite featuring dual vanities, a walk-in shower, and generous closet space.Additional highlights include impact-resistant garage door, underground utilities for enhanced reliability and curb appeal, a spacious covered lanai overlooking the canal, and a 2-car garage. Whether you're entertaining guests or enjoying a peaceful waterfront sunset, this home offers the perfect blend of style, comfort, and convenience. Property is currently served by private well and septic. Located within the City's Utility Expansion Project (UEP) area. Buyer should verify utility connection status and any future or existing utility assessments with the City of Cape Coral.

Getting Around

2
WalkingCar-Dependent
0
TransitVery Limited Transit
26
BikeSomewhat Bikeable

Schools

8/10
5/10
Diplomat Middle SchoolGrades 6-81.6 mi
2/10
Island Coast High SchoolGrades 9-122.5 mi

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: Other
  • Property subType: Single Family Residence

Interior

Bedroom

  • Dimensions: 13.50 x 11.00

Bedroom

  • Dimensions: 11.10 x 11.00

Bedroom

  • Dimensions: 11.10 x 11.00

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Dining Room

  • Dimensions: 11.00 x 10.00

Family Room

  • Dimensions: 26.10 x 17.00

Features

  • Breakfast Bar,Bedroom on Main Level,Closet Cabinetry,Dual Sinks,Kitchen Island,Living/Dining Room,Custom Mirrors,Other,Pantry,Tub Shower,Split Bedrooms,Den
  • Window features: Other,Impact Glass
  • Flooring: Tile

Garage

  • Dimensions: 20.00 x 20.00

Heating & Cooling

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

Interior Area

  • Total structure area: 2,761
  • Total interior livable area: 2,034 sqft

Kitchen

  • Dimensions: 13.00 x 11.00

Master Bedroom

  • Dimensions: 13.70 x 15.70

Screened Porch

  • Dimensions: 14.00 x 8.00

Property

Details

  • Parcel number: 254323C202351.0460
  • Lease amount: 0
  • Zoning description: R1-W

Features

  • Exterior features: Security/High Impact Doors,Room For Pool
  • 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: 13 x 10 x 13 x 10

Parking

  • Total spaces: 2
  • Parking features: Attached,Garage,Garage Door Opener
  • 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
    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 $2,199$26,388
Home Insurance *$334$4,008
Property Taxes $282$3,384
Electricity $204$2,456
Total$3,019$36,228
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$103,508/yr
40% on housing$90,570/yr
45% on housing$80,506/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

$214This listing

vs Other Active Listings

Avg $/sqft

ZIP 33909$175
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)

No zestimate history available

Price History

DateEventPrice
2026-08-13Pending sale$435,000
2026-06-22Price change$435,000
2026-06-12Listed for sale$395,000

New Construction

AgentAnabel Alcantara
BrokerageTerra Realty Services

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