#225003915, Beth Rakestraw, Listing Office: Epic Equity Group Real Estate
$4,334
closing credit¹
508 NW 1st St Cape Coral, FL 33993
Property details
About 508 NW 1st St
Prime Cape Coral Location! No Flood Zone, City Water & Sewer, Close to Shopping & Dining This stunning 2023-built home is an excellent opportunity for first-time buyers or savvy investors. Nestled in a prime location in Cape Coral, it offers unmatched convenience just a couple of blocks from Pine Island Road, the hub of major attractions, shopping, dining, and exciting new developments as the city continues its rapid growth. Best of all, it’s not situated in a flood zone, which means no requirement for flood insurance, and it’s connected to central water and sewer—no hassle of well or septic systems here! Inside, you’ll find a thoughtfully designed layout featuring 3 bedrooms and 2 bathrooms, perfect for comfortable living or rental potential. One of the standout features of this home is that it’s completely carpet-free! Enjoy the ease of maintenance and durability of hard flooring throughout, perfect for those with allergies, pets, or anyone who prefers a cleaner, more modern look. Combined with sleek granite countertops in the kitchen and bathrooms, this home offers both style and practicality. Whether you’re looking to call it home or capitalize on Cape Coral’s booming market, this property offers unbeatable value and potential.
Highlights
Summary
- MLS Number: 224095347
- MLS Name: SWFL
- Office Name: Realty One Group MVP
- Office Phone: (800) 896-8790
- Office Email: support@rogmvp.net
- Listing Agent: Danny Pool
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Last updated on: 2/2/2025, 10:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$365,000
508 NW 1st St
$4,334
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Mar 08, 2023 | Home Sold | $349,900 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $49,652 | $3,457 |
2022 | $29,040 | $3,016 |
2021 | $10,700 | $3,016 |
2020 | $8,775 | $2,751 |
2019 | $6,822 | $2,943 |
2018 | $6,202 | $2,934 |
2017 | $10,821 | $415 |
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
6
Patriot Elementary School
Public District KG-5
2.2 mi
•711 SW 18th St
5
Skyline Elementary School
Public District KG-5
2.4 mi
•620 SW 19th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $59,551. The majority of Cape Coral, FL residents have income between $35k-100k annually. The most common type of family is single, no kids. Most residents in this area have high school diploma education.
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Frequently asked questions
About 508 NW 1st St
This home is located at 508 NW 1st St in Cape Coral, FL and zip code 33993 in the Mariner neighborhood. This 1,300 square foot home, which was built in 2023, sits on a 0.23 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 23, 2024 and is currently priced at $365,000.
In January 2025 more than 28 listings in Cape Coral, FL were sold above the asking price. During the same period more than 55 listings were sold at asking price, while more than 220 were sold below. The number of listings in Cape Coral, FL increased by 16.9% between December and January 2025. Listings spent 78 days on the market in January 2025, and had a median list price of $389,888 during the same period.