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1438 38th Place, Cape Coral
New construction
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NW CAPE · 33993 · Canal

1438 38th Place

Cape Coral, FL 33993

$984,000
New construction Zone AE

$441 / sq ft · 310 days on market

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  • 3 Beds
  • 2 Baths
  • 2,231 Sq ft
  • 2025 Built
  • 0.23 ac Lot

How this home is priced

List price $984,000, measured against the last 120 days of new-construction closings in Cape Coral — comparable new builds are closing in about 106 days.

$441

Per sq ft

Sold median $231

+146.0%

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
See all homes

Utilities & assessments

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

Water
Well
Sewer
Septic Tank
Utility assessment
Possible in future

Possible future utility assessment. This street is on well and septic today. A future UEP assessment (often $12,000+) may be levied when city utilities arrive; ask the builder whether it is included.

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

Flood zone Zone AE

1% annual-chance flood zone. New construction is built to current base-flood elevation, which is why new homes here often insure for a fraction of older ones. Read the flood-zone guide.

About this home

GULF ACCESS – BRAND NEW CONSTRUCTION! Welcome to your DREAM HOME at 1438 NW 38th Place—a stunning new build perfectly situated on a WIDE CANAL just ONE BRIDGE OUT to open water. This modern masterpiece features LARGE PORCELAIN TILE FLOORS, SOARING HIGH CEILINGS, and an open, light-filled floor plan designed for luxurious coastal living. The CHEF’S KITCHEN boasts STAINLESS STEEL APPLIANCES, WOOD CABINETS, and elegant finishes ideal for entertaining. Enjoy indoor-outdoor living with THREE SETS OF HURRICANE IMPACT GLASS SLIDERS leading to an expansive SCREENED LANAI and SPARKLING POOL overlooking the canal. The PRIMARY SUITE is a private retreat offering TWO WALK-IN CLOSETS, HIS & HERS SHOWERS, and DUAL SINKS for ultimate comfort and convenience. Located close to PARKS, SHOPPING, DINING, and ALL AMENITIES, this home blends modern luxury with the best of Florida’s waterfront lifestyle. DON’T MISS THIS OPPORTUNITY to own a brand new Gulf access home in one of Cape Coral’s most desirable areas!

Home features

Bedrooms
3
Bathrooms
2
Living area
2,231 sqft
Garage
3-car
Pool
Private pool
Waterfront
Canal Access, Seawall
Lot
0.23 acres
Stories
1
Year built
2025

Property details

MLS #
1145819193
Status
Active · New construction
MLS status
Active
Property type
Single-family residence
Subdivision
CAPE CORAL
Listed
Nov 6, 2025
Days on market
310
ZIP
33993
County
Lee County
Water
Well
Sewer
Septic Tank

Location

Open in Maps
CR

Listing agent

Camila Rifai

Elite Global Realty Group LLC

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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 Elite Global Realty Group LLC.

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