5929 1st Avenue, FL5929 1st Avenue, FL5929 1st Avenue, FL
Stellar MLS
1 / 49

$1,549,000

5929 1st Avenue

Cape Coral, FL 33914

Listing updated: May 9, 2026 at 11:34 AM ET

Active
Stellar MLSListing courtesy of Dalton Wade Inc · Elaine Veasy · MLS #C7523062 · Active · 888-668-8283
0
Baths
0.26
Acres
WaterfrontWater access$138/sqft
Land

Property type

11,195 sqft

Lot size

$138

Price / sq ft

No HOA

HOA dues

61

Days on market

AE

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

Principal & interest$7,833
Property taxes$1,350
Home insurance (est.)$710

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

  1. Status: Active
    Mar 9, 2026
  2. Listed$1,600,000
    Mar 9, 2026
  3. 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

High riskFEMA Zone AEPanel 12071C0411G

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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MLS GRID

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