1418 NW 37th Place, Cape Coral, FL 33993

$1,359,900

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.… Read More 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. Read Less

Courtesy of Ryan Benner, Sellstate Priority Realty.

Listing Snapshot

Days Online

Last Updated

Feb 28, 2026

Property Type

SingleFamilyResidence

Beds

Full Baths

Partial Baths

Square Ft.

2,748

Lot Size

0.23 Acres

Year Built

2023

MLS Number

2026010003

Additional Details

Appliances & Equipment

Dryer, Dishwasher, GasCooktop, Disposal, IceMaker, Microwave, Range, Refrigerator, RefrigeratorWithIceMaker, TanklessWaterHeater, WineCooler, WaterPurifier, Washer, ReverseOsmosisSystem

Building

Built in 2023, Architectural style: Contemporary, Ranch, OneStory, Construction materials: Block, Concrete, Stucco, 1, 1 total story, Toal building area: 5140

Community

BoatFacilities, None

Cooling

CentralAir, CeilingFans, Electric, WindowUnits

Doors

SlidingDoors

Exterior Features

SecurityHighImpactDoors, SprinklerIrrigation, OutdoorGrill, OutdoorKitchen, OutdoorShower, Patio, ShuttersElectric, GasGrill

Floors

Tile

Garage

3 garage spaces

Water Features

CanalAccess, IntersectingCanal, NavigableWater, Seawall

Heating

Central, Electric

Home Owner's Association

Association amenities: None

Interior Features

Furnished: Negotiable, BuiltInFeatures, BedroomOnMainLevel, Bathtub, TrayCeilings, DualSinks, EatInKitchen, FamilyDiningRoom, LivingDiningRoom, MultiplePrimarySuites, Pantry, SeparateShower, WalkInClosets, SplitBedrooms, SmartHome

Laundry

Inside

Lot

0.23 acres, RectangularLot, SprinklersAutomatic

Parking

3 covered spaces, Attached, Driveway, Garage, Paved, GarageDoorOpener

Pets Policy

Yes

Pool

Concrete, GasHeat, Heated, InGround, OutsideBathAccess, PoolEquipment, ScreenEnclosure, PoolSpaCombo

Property

Patio and porch features: Lanai, Patio, Porch, Screened, Canal

Roof

Metal

Security Features

SmokeDetectors

Sewer

SepticTank

Spa

GasHeat, Gunite, InGround, Screened

Taxes

Year: 2025

Utilities

CableAvailable, HighSpeedInternetAvailable

Windows

ImpactGlass

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1418 NW 37th Place

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