Redfin is joining Rocket

Discover how we're simplifying your journey home.

$574,900

423 NE 5th Ter Cape Coral, FL 33909

4 beds
3 full
1,931 sqft
0.2 acres
$298 / sqft
House

Property details

About 423 NE 5th Ter

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!

Highlights

Home typeSingle Family Residence
HeatingHeat Pump
StatusActive
CoolingCentral Air, Electric
Size1,931 sqft
Lot size0.23 Acres
Year builtNew Const., 2024
ParkingAttached, Driveway, Garage, Paved, Two Spaces
MLS #225050172
Attached garage3 spaces
WaterfrontCanal
ViewCanal, Water
Private poolYes

Summary

  • Full Bathrooms: 3
  • Appliances: Oven, Cooktop, Dishwasher, Disposal, Microwave, Refrigerator
  • Flooring Type: Tile
  • Interior: Built-in Features, Bathtub, Coffered Ceiling(s), Separate/Formal Dining Room, Dual Sinks, French Door(s)/Atrium Door(s), Kitchen Island, Multiple Shower Heads, Multiple Primary Suites, Separate Shower, Walk-In Closet(s), Split Bedrooms
  • Total Bedroom Count: 4
  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Private Pool: Yes
  • Parking: Attached, Driveway, Garage, Paved, Two Spaces
  • Waterfront: Canal
  • View: Canal, Water
  • Exterior: Security/High Impact Doors, Sprinkler/Irrigation, Outdoor Grill, Outdoor Kitchen, Gas Grill
  • Architectural Style: Ranch, One Story, Traditional
  • Heating: Heat Pump
  • Cooling: Central Air, Electric
  • List Price: $574,900
  • Price/SqFt: $297
  • HOA Amount: $0
  • Annual Tax Amount: $3,010
  • Tax Year: 2023
  • Lot: Rectangular Lot, Sprinklers
  • 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.
  • Year Built: 2024
  • Stories: 1
  • Living Area: 1,931 SqFt
  • Lot Size: 0.23 Acres
  • MLS Number: 225050172
  • MLS Name: SWFL
  • Office Name: Avenue Homes LLC
  • Office Phone: (813) 504-0157
  • Office Email: Office@Avehomestampa.com
  • Listing Agent: Lisbety Mena

IDX The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is 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. Information has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/22/2025, 8:45:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Sep 01, 2023
Home Sold
$60,000

Tax history

YearAssessmentProperty Tax
2023$50,490$3,010
2022$31,592$2,935
2021$11,500$2,935
2020$9,800$2,783
2019$13,465$3,034
2018$12,241$3,019
2017$13,243$498

History based on county public records data.

Nearby schools

5

Hector A. Cafferata, Jr. Elementary School

Public District KG-5

0.6 mi

250 Santa Barbara Blvd N

8

Diplomat Elementary School

Public District KG-5

2.6 mi

1115 NE 16th Ter

6

Caloosa Elementary School

Public District KG-5

2.9 mi

620 Del Prado Blvd S

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $59,551. The most common annual income of people living in Cape Coral, FL is between $35k-100k. Most families are single, no kids. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

27%
<35k
46%
35k-100k
24%
100k-200k
3%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

30%
Single, No Kids
17%
Single, with Kids
24%
Married, No Kids
29%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

18%
<11 yrs old
9%
12-17 yrs old
26%
18-34 yrs old
39%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • SoccerSoccer
  • College BasketballCollege Basketball
  • BasketballBasketball

Where do the neighbors shop?

  • BurlingtonBurlington
  • DillardsDillards
  • Ross Dress For LessRoss Dress For Less

Where do the neighbors go to eat?

  • WingstopWingstop
  • Logan's RoadhouseLogan's Roadhouse
  • Jasons DeliJasons Deli

What do the neighbors drive?

  • NissanNissan
  • HyundaiHyundai
  • AcuraAcura

What do the neighbors listen to?

  • Christian Adult ContemporaryChristian Adult Contemporary
  • RockRock
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 423 NE 5th Ter

The listing price of 423 NE 5th Ter property is $574,900.

The property 423 NE 5th Ter is a house located in Cape Coral, Florida, 33909.

Active Listing: 423 NE 5th Ter is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 423 NE 5th Ter are: Hector A. Cafferata, Jr. Elementary School (GreatSchools Rating 5/10), Diplomat Elementary School (GreatSchools Rating 8/10), Caloosa Elementary School (GreatSchools Rating 6/10), Mid Cape Global Academy (GreatSchools Rating 3/10), Mariner Middle School (GreatSchools Rating 4/10), Diplomat Middle School (GreatSchools Rating 6/10), North Nicholas High School (GreatSchools Rating 1/10), Mariner High School (GreatSchools Rating 3/10), Cape Coral High School (GreatSchools Rating 4/10).

According to the records, the last property tax for 2023 is $3,010 (source: MLS/based on county public records data).

The last sale was on September 1, 2023 for $60,000 (source: MLS/tax record).

The property at 423 NE 5th Ter has 4 bedrooms and 3 bathrooms.

The property 423 NE 5th Ter is 1,931 SqFt (source: MLS/tax record).

The year of construction for 423 NE 5th Ter is 2024.

This home is located at 423 NE 5th Ter in Cape Coral, FL and zip code 33993 in the Mariner neighborhood. This 1,931 square foot home, which was built in 2024, sits on a 0.23 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since June 9, 2025 and is currently priced at $574,900.

In June 2025, from all listings sold in Cape Coral, FL there were more than 44 sold above asking price, over 364 sold below and more than 95 were sold right at the asked price. Between May and June 2025, Cape Coral, FL real estate market has seen decrease in the number of listings by 1.3%. In June 2025 median list price was $379,376 and the average listing age was 77 days.

From Rocket Homes Real Estate and based on county public records data.

More resources