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$550,000
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Property Description
Experience elevated living in this stunning new construction 4-bedroom, 3-bathroom home, thoughtfully crafted with style and functionality in mind. Offering nearly 2,000 sq. ft. of living space and over 3,000 sq. ft. under roof, this residence features soaring 12-13 ft. coffered ceilings, elegant porcelain tile throughout, and a spacious open-concept layout perfect for both daily living and entertaining. The gourmet kitchen is a true centerpiece, equipped with high-end finishes and ample counter space for the passionate cook or host. Retreat to the luxurious primary suite, complete with a spa-inspired bathroom featuring a freestanding soaking tub, dual vanities, and double rainfall shower heads for a relaxing escape. Step outside to your own private retreat-a beautifully designed concrete pool, a summer kitchen with built-in grill, and peaceful views overlooking a freshwater canal. With a three-car garage, eye-catching curb appeal, and exceptional attention to detail throughout, this home delivers the ultimate in luxury living in Cape Coral. Schedule your private showing today!
Full Property Details
Full Property Details for 423 NE 5th Terrace
General
- Sold For: $550,000
- Taxes: (2024)
- Status: Closed
- Type: Single Family
- Source: Bonita_Springs
- MLS ID: 225050172
- Added to Site: 222 day(s) ago
Interior
- Number of Rooms: 4
- Interior Features: Split Bedrooms, Built-In Cabinets, Coffered Ceiling(s), Walk-In Closet(s)
- Appliances: Cooktop, Dishwasher, Disposal, Microwave, Refrigerator, Wall Oven
- Furnishings: Unfurnished
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
- Primary Bathroom: Dual Sinks, Multiple Shower Heads, Separate Tub And Shower
Bedrooms
- Total Bedrooms: 4
- Primary Bedroom: Two Master Suites
Other Rooms
- Kitchen: Kitchen Island
- Dining Room: Formal
Additional Information
- Shared Amenities: None, No Subdivision
- Pool: Yes
- Private Pool: Yes
- Pool Description: In Ground, Concrete
- Security/Safety: Smoke Detectors
Exterior
- Exterior Features: Gas Grill, Outdoor Grill, Outdoor Kitchen, Automatic Sprinkler
- Porch/Patio/Deck: Open Porch/Lanai
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 3
- Covered Spaces: 3
- Parking Features: 2+ Spaces, Driveway Paved, Attached
Location
- Area: CC31 - Cape Coral Unit 17, 31-36,
- County: Lee
- Subdivision: CAPE CORAL
- Building Name: CAPE CORAL
- Driving Directions: From Del Prado Blvd N, head east on NE 5th Street, turn left onto NE 5th Terrace, and the home will be on your right at 423 NE 5th Terrace.
- Direction Faces: Southeast
Community
- Assoc. Fees Include: None
- Units Assoc/Comm: 1
- Pets Allowed: Yes
- Management Type: None
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Electric
- Heating Type: Heat Pump
- Ceiling Fan(s): 7
Utilities
- Sewer: Assessment Unpaid
- Water: Assessment Unpaid
- Utility Description: Cable Not Available
Structural Information
- Architectural Style: Traditional
- Description/Design: Single Family Residence
- Exterior Const.: Concrete Block, Stucco
- Roof: Shingle
- Windows: Impact Resistant, Impact Resistant Windows
- Doors: Impact Resistant Doors, French Doors
- Stories/Levels: 1
- Stories in Building: 1
- Square Feet: 1,931
- Sq. Ft. Source: Architectural Plans
- Living Area: 1,931 Sq. Ft.
- Year Built: 2024
- Property Condition: New Construction
Lot Features
- Property View: Canal, Water
- Lot Size (Acres): 0.23
- Lot Size (Sq. Ft.): 10,018
- Lot Size Source: Property Appraiser Office, Survey
- Lot Dimensions: 80 x 80 x 125 x 125
- Frontage: Public Road
- Frontage Feet: 80
- Street/Road Desc.: Paved
- Irrigation System: Assessment Unpaid
- Lot Features: Regular
- Zoning: R1-W
- Lot Description: Regular
Water Features
- Water Front: Yes
- Water Front Desc.: Canal Front, Freshwater
- Canal Width: Canal Width 81-120
Financial Considerations
- Tax Year: 2024
- Terms: Buyer Finance/Cash, FHA, VA Loan
Disclosures and Reports
- Ownership: Single Family
- Legal Description: CAPE CORAL UNIT 35 BLK 2398 PB 16 PG 107 LOTS 35 + 36
- Property ID: 12-44-23-C2-02398.0350
- Section: 12
- Block: 2398
- Lot Number: 35
Listed by Avenue Homes LLC
Sold by 5 Stars Realty Corp
Get Pre-Approved Today
Schools
Schools serving 423 NE 5th Terrace
School District:Lee County School District, Fort Myers, FL
| Name | Grades | Distance |
|---|---|---|
Caloosa Elementary School 620 Del Prado Boulevard South, Cape Coral, FL 33990 | K-5 | 1.4 mi |
Diplomat Elementary School 1115 Northeast 16th Terrace, Cape Coral, FL 33909 | K-5 | 1.7 mi |
Tropic Isles Elementary School 5145 Orange Grove Boulevard, North Fort Myers, FL 33903 | K-5 | 1.8 mi |
Caloosa Middle School 610 Del Prado Boulevard South, Cape Coral, FL 33990 | 6-8 | 1.2 mi |
Diplomat Middle School 1039 Northeast 16th Terrace, Cape Coral, FL 33909 | 6-8 | 1.7 mi |
Challenger Middle School, Cape Coral, FL 624 Trafalgar Parkway, Cape Coral, FL 33991 | 6-8 | 3.8 mi |
North Fort Myers High School 5000 Orange Grove Boulevard, North Fort Myers, FL 33903 | 9-12 | 2.2 mi |
Mariner High School 701 Chiquita Boulevard North, Cape Coral, FL 33993 | 9-12 | 3.7 mi |
Cape Coral High School 2300 Santa Barbara Boulevard, Cape Coral, FL 33991 | 9-12 | 4.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 423 NE 5th Terrace
Date
Details
Price
Change
Source
9/26/2025
Sold
$550,000
-2.65%
MLS
7/22/2025
Price Reduced
$565,000
-1.72%
MLS
7/03/2025
Price Reduced
$574,900
-1.3%
MLS
6/09/2025
Listed
$582,500
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
423 NE 5th Ter, Cape Coral, FL 33909 (MLS# 225050172) is a Single Family property that was sold at $550,000 on September 26, 2025. Want to learn more about 423 NE 5th Ter? Do you have questions about finding other Single Family real estate for sale in Cape Coral? You can browse all Cape Coral real estate or contact a Coldwell Banker agent to request more information.

