$1,549,000
5929 1st Avenue
Cape Coral, FL 33914
Listing updated: May 9, 2026 at 11:34 AM ET
Property type
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
Secure one of the finest unobstructed Caloosahatchee River views in Cape Coral with this exceptional, shovel-ready offering. Home pictures are RENDERINGS... Included are fully approved construction plans for a 5,870 SF under-air, two-story contemporary estate featuring 6 bedrooms, 7.5 baths, a dramatic double-island chef’s kitchen with separate butler’s kitchen, full bar, temperature-controlled wine display, expansive primary suite with spa amenities, and a 4-car garage expandable to 8 with lifts. Outdoor design showcases a resort-style pool with glass-separated sunken lounge, built-in BBQ island, and multiple waterfront entertaining areas designed to maximize panoramic river views. A brand-new seawall was installed just months ago, providing long-term waterfront protection and added value. Fully approved plans from the City of Cape Coral are in place — ready for groundbreaking. No design delays. No permitting wait. The heavy lifting is complete. Bring your GC and start building immediately — or take advantage of a unique opportunity: the seller is both a licensed general contractor and the engineer of record and can build the residence for the buyer, providing a seamless, streamlined path from purchase to completion. A rare turnkey true riverfront mansion opportunity in one of Southwest Florida’s most desirable waterfront locations. PERMIT # BRC25-001930
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history61 days on market
- Status: ActiveMar 9, 2026
- Listed$1,600,000Mar 9, 2026
- Price reduced$1,549,000
Facts & features
- Property type
- Land
- Status
- Active
- Days on market
- 61
- Subdivision
- Cape Coral
- County
- Lee
- Price/sq ft
- $138
- Lot size
- 11,195 sq ft
- Lot category
- 1/4 to less than 1/2
- Flood zone
- AE (12071C0411G)
- Annual taxes
- $16,194 (2025)
- Parcel #
- 23-45-23-C3-00202.0330
- Zoning
- R1-W
- MLS #
- C7523062
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HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- Listing terms
- Cash, Conventional
- Ownership
- Fee Simple
Exterior & Construction
- Waterfront
- Yes
- Water access
- Yes
- Water view
- Yes
- Road surface
- Asphalt, Paved
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- BB/HS Internet Available, Cable Available, Electricity Available, Sewer Available, Water Available
Community
- Pets allowed
- Yes
Listing Details
- Listing date
- 2026-03-08
- On market date
- 2026-03-09
- Original list price
- $1,600,000
- MLS area
- 33914 - Cape Coral
- Listing AOR
- Suncoast Tampa
- Status changed
- 2026-03-09
- Tax legal description
- CAPE CORAL UNIT 3 PART 1 BLK 202 PB 16 PG 138 LOT 33 + 34
Flood risk
FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
Cape Coral Pkwy to south on Pelican Blvd, Left or East on El Dorado Pkwy W to Right or south on SW 1st Ct
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Listings courtesy of Stellar MLS as distributed by MLS GRID
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.
Based on information submitted to the MLS GRID as of May 9, 2026 at 11:34 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA