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508 NW 1st St, Cape Coral, FL, 33993

$365,000

Home List Price

$4,334*

Closing Credit

3 Bedrooms
2 Full Baths
1,300 SqFt
$281/SqFt
House

Location

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508 NW 1st St, Cape Coral$365,000

Buyer Closing Credits

$4,334*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Garage, Garage Door Opener
Attached Garage2 spaces
Year Built2023
HeatingCentral, Electric
CoolingCentral Air, Electric
WaterfrontNone
ViewOther
MLS #224095347
Lot Size0.23 Acres
StatusActive

About 508 NW 1st St

Prime Cape Coral Location! No Flood Zone, City Water & Sewer, Close to Shopping & Dining This stunning 2023-built home is an excellent opportunity for first-time buyers or savvy investors. Nestled in a prime location in Cape Coral, it offers unmatched convenience just a couple of blocks from Pine Island Road, the hub of major attractions, shopping, dining, and exciting new developments as the city continues its rapid growth. Best of all, it’s not situated in a flood zone, which means no requirement for flood insurance, and it’s connected to central water and sewer—no hassle of well or septic systems here! Inside, you’ll find a thoughtfully designed layout featuring 3 bedrooms and 2 bathrooms, perfect for comfortable living or rental potential. One of the standout features of this home is that it’s completely carpet-free! Enjoy the ease of maintenance and durability of hard flooring throughout, perfect for those with allergies, pets, or anyone who prefers a cleaner, more modern look. Combined with sleek granite countertops in the kitchen and bathrooms, this home offers both style and practicality. Whether you’re looking to call it home or capitalize on Cape Coral’s booming market, this property offers unbeatable value and potential.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch, One Story
  • Year Built: 2023
  • Stories: 1
  • Living Area: 1,300 SqFt

Listing Office:

  • Office Name: Realty One Group MVP
  • Office Phone: (800) 896-8790
  • Listing Agent: Danny Pool

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Cooktop, Freezer, Microwave, Refrigerator
  • Flooring Type: Tile, Vinyl
  • Interior: Breakfast Bar, Built-in Features, Shower Only, Separate Shower, Vaulted Ceiling(s), Bar

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: None
  • View: Other
  • Exterior: Sprinkler/Irrigation, None

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached, Garage, Garage Door Opener

Lot Features

Lot Information:

  • Lot: Rectangular Lot, Sprinklers
  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

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

Price Information

Listing Price Info

Price Summary:

  • List Price: $365,000
  • Price Per SqFt: $281/SqFt

Tax Information:

  • Annual Amount: $2,953
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Cape Coral, FL.

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Cape Coral, FL

City

Med. Sold Price

$390K

Med. Price/SqFt

$232

Avg. Days On Market

82

# of Sold Homes

326

508 NW 1st St vs Cape Coral

32 DAYS ON ROCKET

-50 Days

$365,000

-$25K Less

$281/SqFt

+$49 More

KEY TAKEAWAY

This property is $25K less than the Median Sold Price and $49/SqFt more than other homes in Cape Coral, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SWFL
  • MLS Number: #224095347

Listing Office:

  • Office Name: Realty One Group MVP
  • Office Phone: (800) 896-8790
  • Listing Agent: Danny Pool

IDX The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is for consumers` personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/25/2024, 8:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 10, 2021Home Sold
$35,818

Tax History

YEARPROP. TAXASSESSMENT
2020$2,953$8,775
2019$2,944$6,822
2018$2,934$6,202
2017$415$10,821

History based on county public records data.

Payment Calculator

$1,889

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,161

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1486658
5
/10

  • Hector A. Cafferata, Jr. Elementary School

  • 250 Santa Barbara Blvd N

  • 0.64 miles

  • Public District Grades KG-5

school-card-donut-1486659
6
/10

  • Patriot Elementary School

  • 711 SW 18th St

  • 2.21 miles

  • Public District Grades KG-5

school-card-donut-1486660
5
/10

  • Skyline Elementary School

  • 620 SW 19th St

  • 2.44 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $59,551. The majority of Cape Coral, FL residents have income between $35k-100k annually. The majority of families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 508 NW 1st St

What is the listing price of this property?

The listing price of 508 NW 1st St property is $365,000.

What type of property is this?

The property 508 NW 1st St is a house located in Cape Coral, Florida, 33993.

Is this property for sale now?

Active Listing: 508 NW 1st St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,953 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 10, 2021 for $35,818. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 508 NW 1st St has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 508 NW 1st St is 1,300 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 508 NW 1st St is 2023.

Rocket Homes›Florida›Lee County›Cape Coral›33993›508 NW 1st St

This home is located at 508 NW 1st St in Cape Coral, FL and zip code 33993 in the Mariner neighborhood. This 1,300 square foot home, which was built in 2023, sits on a 0.23 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 23, 2024 and is currently priced at $365,000.

In November 2024 more than 39 listings in Cape Coral, FL were sold above the asking price. During the same period more than 77 listings were sold at asking price, while more than 210 were sold below. The inventory of homes for sale in Cape Coral, FL between October 2024 and November 2024 increased by 11%. Listings spent 82 days on the market in November 2024, and had a median list price of $390,028 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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