514 NE 5TH PLACE, CAPE CORAL, FL, 33909
Active45 days on marketListed Sep 23, 2026MLS #TB8551715
About this home
514 NE 5TH PLACE
Auction Property. The list price is NOT indicative of seller's final reserve amount. This property is part of an online bidding event; please visit the auction website to place bids. Inspections of this property and contact with occupants are strictly prohibited. Property is sold "as is" and no for sale sign allowed. Upcoming auction date is: 11/01 at 8am EST - 11/03. Buyer premium is 5% of winning bid or minimum $2,500. This 3-bedroom, 2-bathroom home is located on a freshwater canal in Cape Coral, FL and was built in 2023. The floor plan includes a primary bedroom with an en-suite bathroom, along with two additional bedrooms that share a guest bathroom. The exterior features a patio overlooking the backyard and canal, along with a two-car garage.
Facts & features
The home at a glance
3
Bedrooms
2
Bathrooms
1,502
Sqft
0.23 ac
Lot size
2
Garage
2023
Year built
One
Levels
$67
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$1,364 /mo · 3.5% down FHA, 30-yr fixed at 7.5%
The assumptions
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
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$1,364/mo
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.
Can I afford this home? → See what you can comfortably afford from your income, debts and savings.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
−72.3%
$/sqft vs CAPE CORAL
$67 vs $229
Days on market
45 vs 45 typical
Where $67/sqft sits among the 163 homes for sale in CAPE CORAL
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Cape Coral
Get to know Cape Coral. See the full Cape Coral guide →
CAPE CORAL 33909 — neighborhood snapshot
Population
36,917
Median age
38
Median income
$79,096
Median home value
$292,800
Avg household
2.88
Households w/ children
4,297
For the school run
Lee County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Cape Coral market
$358K → $415K
Cape Coral median sold, yr/yr
97.0%
Sale-to-list ratio (12 mo)
68 of 163
CAPE CORAL have cut their price
Median sold price, Cape Coral, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 43% above the CAPE CORAL 33909 median. See the full Cape Coral market guide →
Paper trail
This home's history
Reality check
What actually sold near 514 NE 5TH PLACE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Dec ’25$260,000
1813 SW 36TH TERRACE · same community
3 bd · 2 ba · 1,522 sqft · $171/sqft · 40 DOM
Sold · Dec ’25$260,000
230 NE 9TH AVENUE · same community
3 bd · 2 ba · 1,522 sqft · $171/sqft · 85 DOM
Sold · Dec ’25$255,000
1428 SE 20TH AVENUE · same community
3 bd · 2 ba · 1,435 sqft · $178/sqft · 164 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.
Your agent
Pedro Ribeiro Gloria
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 514 NE 5TH PLACE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 514 NE 5TH PLACE — before you fall in love.
See it in person
Schedule a tour
Live availability from Pedro's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
514 NE 5TH PLACE FAQs
What would the monthly payment be for 514 NE 5TH PLACE?+
With 3.5% down on a 30-year FHA loan at 7.5%, the all-in payment lands around $1,364/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 514 NE 5TH PLACE?+
The most recent tax bill on record (2025) was $5,682. 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 $100,000, this home is listed about 76% below the Cape Coral median of $419,900. The market section on this page shows how the area is trending.
Which schools are assigned to 514 NE 5TH PLACE?+
Tropic Isles Elementary School (elementary), North Fort Myers High School (high), Caloosa Middle School (middle), Caloosa Elementary School (elementary), Hancock Creek Elementary School (elementary), Diplomat Elementary School (elementary), Diplomat Middle School (middle), Dr Carrie D Robinson Littleton Elementary School (elementary), Cape Coral High School (high), Mariner High School (high), Island Coast High School (high), Ida S. Baker High School (high) — Lee County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Positioned at the premium end
$100,000 runs 43% above the CAPE CORAL 33909 median.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Strong assigned schools
Tropic Isles Elementary School, North Fort Myers High School, Caloosa Middle School, Caloosa Elementary School, Hancock Creek Elementary School, Diplomat Elementary School, Diplomat Middle School, Dr Carrie D Robinson Littleton Elementary School, Cape Coral High School, Mariner High School, Island Coast High School, Ida S. Baker High School — North Fort Myers High School rates 4 of 5. Always verify assignments with the district.
Keep looking
Similar homes nearby
Listing courtesy of MARC JOSEPH REALTY, INC · Marc Joseph. MLS #TB8551715.
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.
Never miss a listing
New Cape Coral homes, in your inbox
Like 514 NE 5TH PLACE but not quite? A daily digest of every new listing in Cape Coral — straight from the MLS, hours after it goes live. Unsubscribe anytime.
Just watching this one home? Ask Pedro to ping you on any price or status change →