Built in 2023 along the 120-foot Optimist Canal, this

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Home For Sale

1418 NW 37th Place

Cape Coral, Florida 33993

Charlotte County

Waterfront: Yes

Community: CAPE CORAL

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$1,359,900 5 br, 4.0 bath 2748 sq. ft. 0.230 acres

Built in 2023 along the 120-foot Optimist Canal, this Gulf-access residence offers boating access to open water and expansive southern views across intersecting canals that create an impressive waterfront setting. The home provides 2,748 square feet under air with five bedrooms and 3.5 baths designed for comfortable living and entertaining. With an approved offer, sellers will provide a $25,000 credit toward your ideal dock setup. The open-concept interior features 12-foot ceilings with a 13-foot tray in the main living area and 10-foot ceilings throughout, complemented by oversized 24x24 matte-finish porcelain tile flooring. Integrated LED tray lighting is smartphone controlled. Impact-rated windows and doors are installed throughout. Zero-corner pocketing sliding glass doors retract fully to open the living area to the lanai. While the corner sliders are not impact-rated, they are storm protected since the covered lanai area is enclosed by electric roll-down Kevlar storm shutters, creating a protected space for outdoor furnishings during severe weather. With a true chef's kitchen, this home is set apart from many comparable properties. It includes an oversized island, Forno eight-burner dual gas range with gas stone electric oven and hood, Cafe Advantium microwave, Samsung Wi-Fi-enabled refrigerator, additional pantry refrigerator, quartz countertops, and extensive cabinetry. The fifth bedroom functions as an oversized cabana-style mother-in-law suite with private sliding glass doors to the lanai, kitchenette, and dual-sink bath. All bathrooms include dual vanities except the pool bath. Additional upgrades include an Ecobee thermostat, Navien 199k BTU gas tankless water heater, whole-house reverse osmosis system with secondary RO added in 2024, and a buried 250-gallon propane tank servicing the range, water heater, and pool heater. Western rear exposure provides sunset views from the custom pool and spa area. The screened outdoor space features a panoramic picture-window enclosure, paver deck, oversized spa, swim-up tiki hut bar with approximately 20 by 10 feet of thatched covering, wraparound bar seating, outdoor kitchen added in 2024, low-voltage lighting, outdoor shower, and mounted televisions in the lanai and tiki hut. The gas pool heater provides rapid heating and is managed through a Jandy AquaLink system controllable by phone. The property has also operated successfully as a short-term vacation rental in the past with a perfect 5.0 star rating. It generated approximately $14,000 in revenue during March 2025 alone. The layout, cabana suite, resort-style outdoor area, and expansive water views support exceptional STR potential. The three-car garage offers 12-foot ceilings and over $8,000 in added storage and fitness upgrades. A new well pump was installed in 2025, and the seawall was replaced in 2021. Located near the planned Seven Islands development area. Furnishings are negotiable.

Interior:
  • Bedrooms: 5
  • Baths: 4.0
  • Sq Ft: 2748
  • Year Built: 2023
  • Utilities: 
  • Fireplaces: 
  • Stories: 1
  • Heat/AC: Central, Electric (Heating)
  • Garage: Open, Garage, Driveway
Exterior:
  • Lot Size: 0.230 acre
  • Lot Dimensions: 
  • Waterfront: Yes
  • View Types: 
  • Yard: 
  • Siding: Block, Concrete, Stucco
  • Roof: Metal
  • Property Taxes: $14,182
  • Swimming Pool: Yes
  • MLS #: 2026010003
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Contact Information:
Beach Home For Sale in Cape Coral, Florida
Listing Agent: Ryan Benner, Sellstate Priority Realty, 717-330-1510, 239-574-8888 Listing Site, Listing Status: Active
Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc.. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 7331482
Viewed 7 times.
Updated: Mar 01, 2026

This property is a Home located at 1418 NW 37th Place, Cape Coral, Florida 33993, and is currently For Sale at $1,359,900. This Home has 5 bedrooms, 4.0 baths, 2748 sq ft.