$620,000
2 Bed Pool Home for Sale in Cape Coral
617 SW 51st Terrace, Cape Coral, FL, 33914
About this home
Live the ultimate Southwest Florida lifestyle with this Gulf-access lakefront pool home on Cape Coral’s highly sought-after 8 Lakes! A vacant lot here just sold for $610,000 — for only $10,000 more, this one comes with a house! TURNKEY and perfect for an Airbnb! Enjoy breathtaking water views, direct boating access to the Gulf, and a private dock with a 10,000-lb lift, upgraded 2” TanDeck decking, and reinforced 4” concrete davit area—perfect for serious boaters. Inside, this beautifully remodeled home features spacious bedrooms, modern finishes, and abundant natural light. The kitchen and laundry areas include granite surfaces and excellent storage. Additional upgrades include a newer roof, new pool pump, whole-house water softener with reverse osmosis, and resurfaced Turkish Stone pool deck. The fully fenced yard adds privacy for relaxing or entertaining by the water. Convenient to Cape Harbour, dining, and shopping—this home offers the best of Cape Coral living!
Property details
- Type
- SingleFamilyResidence
- Year built
- 1976
- Interior
- 1,645 sqft
- Lot size
- 10,018.8 sqft
- Acreage
- 0.23 acres
- Garage
- 2 car
- Days on market
- 194
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $8,680/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- Shutters
- Exposure
- North
- Waterfront
- Yes
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- Yes
- Spa
- No
- Natural gas
- No
- Water
- Assessment Paid
- Sewer
- Assessment Paid
- New construction
- No
- Pets
- Yes
- County
- Lee
Flood risk shown is an area-level estimate and can differ from a specific unit's actual FEMA designation (which varies by structure and elevation). Look up this address on the FEMA Flood Map and verify with a licensed insurance agent before relying on it.
Based on the $/sqft of 4 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.
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Recently sold nearby
Closed comparable sales within ~1 mile in the last 12 months, similar price, size, beds/baths, and age.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 4909 SW 8th Court | Feb 2026 | $625,000 | 3/2 | 1,805 | $346 |
| 5313 SW 8th Court | Apr 2026 | $640,000 | 3/2 | 1,448 | $442 |
| 5315 Pelican Boulevard | Feb 2026 | $635,000 | 3/2 | 1,513 | $420 |
| 5244 SW 3rd Avenue | Aug 2026 | $700,000 | 3/3 | 1,735 | $403 |
| Average | 4 comps | $650,000 | $403 |
Market trends, Cape Coral
Median of closed MLS sales each month over the available window. Months with too few sales are omitted; the range extends automatically as more sales close.
Live area medians from the MLS · see all listings. Indicative, not an appraisal.
Price & status history
Down $114,000 (16.3%) from the original list price.
| Feb 20, 2026 | Sold | $585,000 |
| Dec 31, 2025 | Price reducedfrom $625,000 | $620,000 |
| Jul 2, 2025 | Listed | $699,000 |
The good, the trade-offs & the location
- Private pool
- Waterfront
- Storm protection: Shutters
- 2-car garage
- Built 1976 — pre-2002 construction may carry older wind codes and higher insurance
- In a higher-risk flood zone (AE) — flood insurance likely required
Straight-line distances to major SWFL amenities, approximate; actual drive times vary.
Nearby schools
Get more information on their programs, scores, and extracurriculars on each school's page · browse the full schools directory.
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Listing information is provided in part by the Florida Gulf Coast Multiple Listing Service (MLS) through its Broker Reciprocity / Internet Data Exchange (IDX) program. Properties displayed may be listed by brokerages other than SWFL Relocation Team. Data is deemed reliable but is not guaranteed accurate by the MLS or this brokerage and should be independently verified. Fees, flood zones, taxes, square footage, and school assignments are estimates from the feed and must be confirmed. © 2026 SWFL Relocation Team. All rights reserved.