CENTURY 21 Edge
$26,900$32,000≈$398 /mo all-in ↓

4718 NW 38TH AVENUE, CAPE CORAL, FL, 33993

Active171 days on marketListed Apr 28, 2026MLS #A4691676

✦ Priced 94% below the Cape Coral median✦ Reduced $5KCAPE CORAL

About this home

4718 NW 38TH AVENUE

Discover the perfect setting to build your dream home at 4718 NW 38th Ave in beautiful Cape Coral. Nestled in a peaceful and quiet neighborhood, this property offers the ideal opportunity to create your own private oasis surrounded by the natural beauty of Southwest Florida. Enjoy the serenity of the area while still being conveniently located near all major roads, making weekend getaways, commuting, and access to nearby shopping, dining, and entertainment effortless. Whether you're heading to the coast, exploring local attractions, or enjoying a night out, everything you need is within easy reach. This is your chance to design a lifestyle that blends relaxation, convenience, and the charm of a growing area. Secure your place in this desirable location and start building the future you've been dreaming of.

Facts & features

The home at a glance

0.23 ac

Lot size

Inside

Outside & construction

Community & fees

Taxes (2025)$809/yr

Utilities & systems

UtilitiesBB/HS Internet Available · Cable Available · Electricity Available
WaterNone

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.

$398 /mo · 3.5% down FHA, 30-yr fixed at 6%

Principal & interest$158
FHA mortgage insurance (est.)$12
Property tax — 2025 actual bill$67
Insurance (FL estimate)$160

The assumptions

Loan typeFHADown payment3.5% · $942Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.

These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Get my real numbersCall

Run your own numbers

Loan type
Down payment3.5% · $942
Interest rate6.00%
Loan term

Estimated payment

$398/mo

Principal & interest$158
FHA mortgage insurance (est.)$12
Property taxes (actual bill)$67
Est. insurance$160

Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

The numbers that matter

The Cape Coral market

Seller’s marketBalanced — 5.1 months of inventoryBuyer’s market

$375K → $408K

Cape Coral median sold, yr/yr

96.5%

Sale-to-list ratio (12 mo)

Median sold price, Cape Coral, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 94% below the Cape Coral median. See the full Cape Coral market guide →

Paper trail

This home's history

CurrentPrice reduced to $26,900 ▼ $5K
Apr 28, 2026Listed at $32,000 · 171 days on market since

Reality check

What actually sold near 4718 NW 38TH AVENUE

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

1120 SE 23RD TERRACESold · May ’26

$279,000

1120 SE 23RD TERRACE · same community

3 bd · 2 ba · 1,116 sqft · $250/sqft · 55 DOM

930 SW 34TH STREETSold · Dec ’25

$260,000

930 SW 34TH STREET · same community

3 bd · 2 ba · 1,182 sqft · $220/sqft · 68 DOM

2442 EMBERS PARKWAY WSold · Jun ’26

$285,000

2442 EMBERS PARKWAY W · same community

3 bd · 2 ba · 1,225 sqft · $233/sqft · 13 DOM

Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.

Your home team

The pros in your corner

Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.

Anthony Richardson

Your agent

Anthony Richardson

REALTOR® · CENTURY 21 Edge

Tours, negotiation, and every question about 4718 NW 38TH AVENUE — start here.

CallText
anthony.richardson@c21edge.com
Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 4718 NW 38TH AVENUE — before you fall in love.

Get pre-approvedCall
aacosta@prmg.net

See it in person

Schedule a tour

Live availability from Anthony's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.

Straight answers

4718 NW 38TH AVENUE FAQs

What would the monthly payment be for 4718 NW 38TH AVENUE?+

With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $398/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.

What are the property taxes on 4718 NW 38TH AVENUE?+

The most recent tax bill on record (2025) was $809. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

How does the price compare to other homes in Cape Coral?+

At $26,900, this home is listed about 94% below the Cape Coral median of $420,000. The market section on this page shows how the area is trending.

The brief

Three things that matter here

01Under the Cape Coral market on paper

$26,900 is 94% below the Cape Coral median of $420,000.

02Time on market is leverage

171 days on market against a Cape Coral median of 55 — sellers in this position are usually ready to negotiate.

03The price has already moved

Listed at $32,000, now $26,900 — a $5K cut. The full history is in the market section below.

Keep looking

Similar homes nearby

2720 NW EMBERS TERRACE

$35,000

2720 NW EMBERS TERRACE, CAPE CORAL

3329 NW 8TH TERRACE

$46,000

3329 NW 8TH TERRACE, CAPE CORAL

2106 NE 26TH STREET

$51,000

2106 NE 26TH STREET, CAPE CORAL

Listing courtesy of CAPECORALLOTS.COM · Kevin Page. MLS #A4691676.

IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.

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