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1418 NW 37th Place, 
Cape Coral, FL 33993

$1,320,000


5

Beds


4

Baths


2,748

Sq Ft


Single Family


Virtual Tour

Pending

Listed by

Ryan Benner

Sellstate Priority Realty

Last updated:

May 31, 2026, 07:12 AM

MLS#

2026010003

Source:

FL GFMB

About This Home

1418 NW 37th Place

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, Café 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 Airbnb 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.

Home Facts

Single Family

4 Baths

5 Bedrooms

Built in 2023

Price Summary

1,320,000

$480 per Sq. Ft.

MLS #:

2026010003

Last Updated:

May 31, 2026, 07:12 AM

Added:

3 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

5

Bathrooms

Total Bathrooms:

4

Full Bathrooms:

3

Interior

Living Area:

2,748 Sq. Ft.


Structure

Structure

Architectural Style:

Contemporary, One Story, Ranch

Building Area:

5,140 Sq. Ft.

Year Built:

2023


Finances & Disclosures

Finances

Price:

$1,320,000

Price per Sq. Ft:

$480 per Sq. Ft.

Source:FL GFMB
The source of the information about real property available for sale or rent is the copyrighted and proprietary database of the Florida Gulf Coast Multiple Listing Service, Inc.. Copyright 2026 Florida Gulf Coast Multiple Listing Service, Inc.; all rights reserved. The data is provided by the IDX Program, and the Information is Deemed Reliable But Not Guaranteed.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.