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1111 5th Terrace, Cape Coral
New construction
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NW CAPE · 33991 · Canal

1111 5th Terrace

Cape Coral, FL 33991

$385,000
New construction Zone X

$240 / sq ft · 85 days on market

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  • 3 Beds
  • 2 Baths
  • 1,603 Sq ft
  • 2021 Built
  • 0.245 ac Lot

How this home is priced

List price $385,000, measured against the last 120 days of new-construction closings in Cape Coral — comparable new builds are closing in about 106 days.

$240

Per sq ft

Sold median $231

-3.7%

vs median sold

$400K median

106 days

Median days to close

New construction

99.1%

Sold-to-list

Typical negotiation

Builder & community

Builder
Community
CAPE CORAL
Subdivision
CAPE CORAL
MLS status
Active
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Utilities & assessments

Cape Coral's Utilities Extension Project converts well-and-septic streets to city water; the assessment follows the property.

Water
Assessment Unpaid, Public
Sewer
Assessment Paid, Public Sewer
Utility assessment
Unpaid — on record

Unpaid utility assessment on record. An unpaid balance is recorded against this property. Confirm the amount and who pays it at closing.

City water & sewer connected

Source: MLS. Verify current and future utility assessment status with the City of Cape Coral and the seller.

Flood zone Zone X

Minimal flood risk. Flood insurance is optional for most lenders and typically inexpensive on a new build. Read the flood-zone guide.

About this home

Waterfront living awaits at 1111 SW 5th Terrace, Cape Coral! Offered at $385,000, this charming 3-bedroom, plus den, 2-bath home features an open-concept layout designed for comfortable everyday living and effortless entertaining. The spacious kitchen overlooks the main living area and includes a convenient breakfast bar—perfect for morning coffee, casual dining, or gathering with family and friends. Enjoy the beautiful wide canal, with views from the living spaces and step outside to the covered lanai, where you can relax and take in the peaceful waterfront setting. Built in 2021 and exceptionally maintained, this home offers the benefits of modern construction and presents in outstanding condition. The home already has a seawall built in. Whether you're looking for a full-time residence, seasonal retreat, or investment opportunity, this home offers the best of Southwest Florida living with serene water views and a welcoming atmosphere.

Home features

Bedrooms
3
Bathrooms
2
Living area
1,603 sqft
Garage
4-car
Pool
No
Waterfront
Canal Access
Lot
0.245 acres
Stories
1
Year built
2021

Property details

MLS #
1175329884
Status
Active · New construction
MLS status
Active
Property type
Single-family residence
Subdivision
CAPE CORAL
Listed
Jun 19, 2026
Days on market
85
ZIP
33991
County
Lee County
Water
Assessment Unpaid, Public
Sewer
Assessment Paid, Public Sewer

Location

Open in Maps
SK

Listing agent

Shideh Kafei

Sellstate Achievers Realty

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The data relating to real estate for sale on this website comes in part from the Southwest Florida MLS. Real estate listings held by brokerage firms other than the listing broker are marked with the IDX logo. Information deemed reliable but not guaranteed. © 2026 Southwest Florida MLS. Listing courtesy of Sellstate Achievers Realty.

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