Investor special with substantial upside potential. This partially completed new construction single-family home is situated on a freshwater canal lot and offers an excellent opportunity for builders, investors, or rehab specialists looking to capitalize on a near-midstage project already well underway.
The property is designed as a 4-bedroom, 3-bathroom residence featuring an open-concept floor plan, soaring vaulted ceilings, and two bedrooms with private en-suite bathrooms—an increasingly desirable layout for resale and rental markets alike. Major structural components have already been completed, including block construction, roof installation, windows, doors, framing, and portions of the mechanical rough-ins, allowing the next owner to focus on finishing and customization.
The spacious layout, waterfront setting, and modern design provide strong potential for resale value or long-term rental income once completed. The oversized garage, canal frontage, and ample outdoor space create additional appeal for future buyers seeking the Southwest Florida lifestyle.
Conveniently located near shopping, dining, schools, and major roadways, this property presents a rare opportunity to acquire a partially completed canal-front home and bring the project across the finish line with your own finishes, design selections, and investment strategy.
Active
Price cut: $21K (6/16)
$199,000
4312 Connection Ave, Cape Coral, FL 33909
4beds
1,683sqft
Single Family Residence
Built in 2026
10,018 Square Feet Lot
$195,500 Zestimate®
$118/sqft
$-- HOA
What's special
Waterfront settingModern designOversized garageOpen-concept floor planSoaring vaulted ceilingsFreshwater canal lotSpacious layout
- 50 days |
- 2,113 |
- 66 |
Zillow last checked:
Listing updated:
Listed by:
Alfonso Padilla 305-342-7011,
John R. Wood Properties
Source: Florida Gulf Coast MLS,MLS#: 2026020952
Originating MLS: Florida Gulf Coast
Originating MLS: Florida Gulf CoastLoading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Rooms
- Room types: None
Heating
- Central, Electric
Cooling
- Central Air, Electric
Features
- Dual Sinks, Other, Shower Only, Separate Shower, Split Bedrooms, None
- Flooring: Other
- Windows: Other
Interior area
- Total structure area: 2,548
- Total interior livable area: 1,683 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Attached, Garage
- Attached garage spaces: 2
Features
- Stories: 1
- Exterior features: None, Room For Pool
- Has view: Yes
- View description: Canal
- Has water view: Yes
- Water view: Canal
- Waterfront features: Canal Access, Navigable Water
Lot
- Size: 10,018 Square Feet
- Dimensions: 80 x 125 x 80 x 125
- Features: Rectangular Lot
Details
- Parcel number: 184324C105725.0150
- Lease amount: $0
- Zoning description: R1-W
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch,One Story
- Property subtype: Single Family Residence
Materials
- Block, Other, Concrete
- Roof: Shingle
Condition
- Under Construction
- New construction: Yes
- Year built: 2026
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Cable Available
Community & HOA
Community
- Features: None
- Security: None
- Condo and coop fee: $0
- Membership fee: $0
- Subdivision: CAPE CORAL
HOA
- Has HOA: No
- Amenities included: None
- Services included: None
- HOA phone: 000-000-0000
Location
- Region: Cape Coral
Financial & listing details
- Price per square foot: $118/sqft
- Tax assessed value: $36,338
- Annual tax amount: $950
- Date on market: 5/8/2026
- Cumulative days on market: 51 days
- Listing terms: All Financing Considered,Cash
- Ownership: Single Family
Estimated market value
$195,500
$186,000 - $205,000
$2,048/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/16/2026 | Price change | $199,000-9.5%$118/sqft |
Source:  Florida Gulf Coast MLS #2026020952 Report a problem | ||
| 5/8/2026 | Listed for sale | $220,000+700%$131/sqft |
Source: Florida Gulf Coast MLS #2026020952 Report a problem | ||
| 9/7/2021 | Sold | $27,500-3.5%$16/sqft |
Source: Florida Gulf Coast MLS #221033167 Report a problem | ||
| 8/14/2021 | Pending sale | $28,500$17/sqft |
Source:  Florida Gulf Coast MLS #221033167 Report a problem | ||
| 5/3/2021 | Listed for sale | $28,500+105%$17/sqft |
Source: Florida Gulf Coast MLS #221033167 Report a problem | ||
| 11/24/2020 | Listing removed | $13,900$8/sqft |
Source: American Properties Real Estat #219078077 Report a problem | ||
| 8/21/2020 | Listed for sale | $13,900+26.4%$8/sqft |
Source: American Properties Real Estat #219078077 Report a problem | ||
| 11/9/2019 | Listing removed | $11,000$7/sqft |
Source: American Properties Real Estat #218074053 Report a problem | ||
| 11/2/2019 | Price change | $11,000-13.7%$7/sqft |
Source: American Properties Real Estat #218074053 Report a problem | ||
| 8/14/2019 | Price change | $12,750-1.2%$8/sqft |
Source: American Properties Real Estat #218074053 Report a problem | ||
| 3/5/2019 | Price change | $12,900-7.2%$8/sqft |
Source: American Properties Real Estat #218074053 Report a problem | ||
| 11/8/2018 | Listed for sale | $13,900+57.6%$8/sqft |
Source: American Properties Real Estat #218074053 Report a problem | ||
| 10/10/2018 | Sold | $8,818-92.3%$5/sqft |
Source: Public Record Report a problem | ||
| 5/26/2005 | Sold | $114,500+263.5%$68/sqft |
Source: Public Record Report a problem | ||
| 3/22/2004 | Sold | $31,500+50%$19/sqft |
Source: Public Record Report a problem | ||
| 1/20/2004 | Sold | $21,000$12/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $951 +13.5% | $26,607 +10% |
| 2024 | $837 -1.5% | $24,188 +10% |
| 2023 | $850 +23.1% | $21,989 +161.8% |
| 2022 | $690 +38.3% | $8,400 |
| 2021 | $499 +4.9% | $8,400 +2.4% |
| 2020 | $476 -2.4% | $8,200 -18% |
| 2019 | $487 | $10,000 -16.7% |
| 2018 | $487 +3.4% | $12,000 +15.2% |
| 2017 | $471 | $10,417 +9.7% |
| 2016 | $471 +8.4% | $9,500 -16.7% |
| 2015 | $435 +3.2% | $11,400 +17.5% |
| 2014 | $421 +19.9% | $9,700 +26% |
| 2013 | $352 +41.1% | $7,700 +14.9% |
| 2012 | $249 -7.6% | $6,700 -16.3% |
| 2011 | $270 -18.4% | $8,000 -20% |
| 2010 | $331 -3.3% | $10,000 -9.1% |
| 2009 | $342 -20.1% | $11,000 -47.6% |
| 2008 | $428 -49.5% | $21,000 -53.3% |
| 2007 | $848 -60.6% | $45,000 -61.2% |
| 2006 | $2,150 +319.4% | $116,000 +421.3% |
| 2004 | $513 +114.5% | $22,250 +142.6% |
| 2003 | $239 +203% | $9,170 +349.5% |
| 2002 | $79 | $2,040 +17.9% |
| 2000 | -- | $1,730 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 33909
Nearby schools
GreatSchools rating
- 8/10Diplomat Elementary SchoolGrades: PK-5Distance: 3.6 mi
- 5/10Diplomat Middle SchoolGrades: 6-8Distance: 3.5 mi
- 2/10Island Coast High SchoolGrades: 9-12Distance: 1.4 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Florida
- Lee County
- Cape Coral
- 33909
- 4312 Connection Ave
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Cape Coral Topics
