2 Bed Pool Home for Sale in Cape Coral
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For SaleMLS# 2026027583

$535,000

2 Bed Pool Home for Sale in Cape Coral

5122 SW 3rd Avenue, Cape Coral, FL, 33914

2 beds3 baths1,275 sqft1 garage
GatedBoatingWaterfront

About this home

Welcome to your Direct Gulf Sailboat Access Paradise! This 2 bedroom, 3 full bathroom Pool home is located below Cape Coral Pkwy and has no bridges between you and open water. The Island Kitchen features a breakfast bar, granite countertops, tile backsplash, stainless steel appliances and lots of storage. The Primary Suite has sliding doors directly to the Lanai and pool area. The 2nd bedroom has lots of windows for natural light. There are 3 full bathrooms, including a guest bath and a pool bath. This remodeled home has many upgrades throughout, including wide plank LVP flooring throughout and a fresh, modern look. The large covered lanai faces West and overlooks the screened, heated pool and the gulf access canal. There is a dock and 10,000 lb boat lift with 80 feet of frontage ready for your marine adventures. Just a short boat ride to restaurants, beaches, and the Gulf. The home sits on a quiet street near the end of a cul-de-sac. Walking distance to Rotary Park, also close to Tarpon Point and downtown Cape Coral. ROOF 2017, WHOLE HOUSE RE-PIPED IN 2021, DOCL/LIFT 2018! Sold TURN-KEY AND READY TO MOVE IN! Call today for more information or a private showing!

Property details

Type
SingleFamilyResidence
Year built
1964
Interior
1,275 sqft
Lot size
10,018.8 sqft
Acreage
0.23 acres
Garage
1 car
Days on market
46
Total association fees
None
CDD
None
Est. taxes (1.4%)
$7,490/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
None listed
Exposure
West
Waterfront
Yes
Gulf access
Yes
Gulf access type
Direct — no bridges
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.

Above marketThis home is priced above comparable recent sales.
This home
$420/sqft
Comp median
$362/sqft
Difference
+16%

Based on the $/sqft of 7 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.

AddressSoldSold priceBeds/BathsSq ft$/sqft
5114 SW 3rd AvenueJul 2026$430,0003/21,370$314
166 SW 52nd StreetOct 2025$503,0002/21,303$386
150 SW 53rd StreetJan 2026$460,0002/11,181$390
4832 Triton CourtJun 2026$505,0003/21,394$362
5313 SW 8th CourtApr 2026$640,0003/21,448$442
4528 SE 1st PlaceJun 2026$425,0002/21,374$309
Average6 comps$493,833$367

Market trends, Cape Coral

Median list
$399,000
Median $/sqft
$232
Median sold (90d)
$385,000
Avg days on market
94
Active listings
2,481
Median sold price · Cape Coral
$385,000last 3 months7.2% vs $359,000 prior 3 months
Median closed price by month · Cape Coral
1.3% MoM8.4% YoY
$340k$365k$390kJul ’25Aug ’26
$384,750Aug ’26 · 413 sales

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.

The good, the trade-offs & the location

Pros
  • Private pool
  • Gulf access (Direct — no bridges)
Consider
  • Built 1964 — pre-2002 construction may carry older wind codes and higher insurance
  • In a higher-risk flood zone (AE) — flood insurance likely required
Location convenienceHigh
Hospital
5.8 mi
Cape Coral Hospital
Beach
7.5 mi
Fort Myers Beach
Airport
7.6 mi
Page Field (Fort Myers)
Shopping
6.8 mi
Bell Tower Shops

Straight-line distances to major SWFL amenities, approximate; actual drive times vary.

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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.