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PRICE REDUCTION ALERT! INVESTORS- THIS IS YOUR CHANCE!! This beautifully maintained and thoughtfully upgraded Spanish-style 3-bedroom, 2-bath pool home is not only a dream retreat but also a savvy investment opportunity. Perfect for seasonal residents who want to enjoy sunny Cape Coral part-time while generating strong Airbnb rental income when they’re away, this home sits in one of South Cape Coral’s most desirable neighborhoods—on a quiet street surrounded by million-dollar properties.Inside, a bright open-concept layout flows seamlessly for both everyday living and entertaining. Porcelain tile floors run throughout the home, complementing the modern split-bedroom design. The upgraded kitchen features granite countertops, stainless steel appliances, ample cabinetry, and a built-in coffee bar—ideal for relaxed mornings or hosting guests. The spacious primary suite offers plantation shutters, a walk-in closet, and a beautifully finished en-suite bath. Two guest bedrooms and an oversized guest bath with dual sinks provide comfort for visitors or flexible space for a home office.Major updates include a new roof (2023), newer A/C (2020), and hurricane impact windows and doors. With city water/sewer and assumable flood insurance, you’ll enjoy peace of mind and long-term savings.Step outside to your private backyard oasis—complete with a screened-in lanai, heated pool, outdoor shower, and covered patio. The fully fenced yard offers space to entertain, relax, or soak up the Florida sunshine.With no HOA restrictions, incredible short-term rental potential, and a premier location just minutes from waterfront dining, parks, shopping, and downtown Cape Coral, this is a rare find you won’t want to miss.
Property Details
Price: $391,000
Sq Ft: 1,431
($273 per sqft)
Bedrooms: 3
Bathrooms: 2
Unit On Floor: 1
City: Cape Coral
County: Lee
Type: Single Family
Development: Cape Coral
Acres: 0.23
Virtual Tour/Floorplan:
View
Year Built: 1973
Listing Number: 225056849
Status Code: A-Active
Taxes: $5,026.53
Tax Year: 2024
Garage:
2.00
/
Y
Furnishings: Negotiable
Pets Allowed: Yes
Total Recurring Fees: $0
Interior Features:
Breakfast Bar
Built In Features
Dual Sinks
French Doors Atrium Doors
Living Dining Room
Shower Only
Separate Shower
Cable Tv
Bar
Walk In Closets
Window Treatments
Split Bedrooms
Amenities:
None
Financial Information:
Taxes: $5,026.53
Tax Year: 2024
Exterior Features:
Courtyard
Fence
Security High Impact Doors
Sprinkler Irrigation
Outdoor Shower
Patio
Equipment:
Dryer
Dishwasher
Electric Cooktop
Disposal
Ice Maker
Microwave
Range
Refrigerator
Refrigerator With Ice Maker
Self Cleaning Oven
Warming Drawer
Washer
View:
Y
Additional Information:
Building Description: Ranch, One Story
MLS Area: Cc21 - Cape Coral Unit 3, 30, 44, 6
Total Square Footage: 1,914
Total Floors: 1
Water: Public
Construction: Block, Concrete, Stucco
Short Sale: No
Date Listed: 2025-06-23 12:28:48
Pool: Y
Pool Description: Fiberglass, Electric Heat, Heated, In Ground
Furnished: Negotiable
Windows: Impact Glass, Window Coverings
Parking: Attached, Garage, Garage Door Opener
Garage Description: Y
Garage Spaces: 2
Attached Garage: Y
Flooring: Tile
Roof: Shingle
Heating: Central, Electric, Wall Furnace
Cooling: Central Air, Ceiling Fans, Electric
Storm Protection: Impact Glass, Impact Resistant Doors
Security: Smoke Detectors
Laundry: Washer Hookup, Dryer Hooku
Irrigation: Municipal
Pets: Yes
Restrictions: No Restrictions
Sewer: Public Sewer
Lot Desc.: Rectangular Lot, Sprinklers Automatic
Amenities: None
Map of 5816 1St Place Sw, Cape Coral, FL 33914
Listing Courtesy Of: Hovland Realty, Llc
brehna@hovlandrealty.com