$480,000
2 Bed 1.5 Bath Waterfront SingleFamilyResidence for Sale in CAPE CORAL, FL
150 SW 53rd Street, Cape Coral, FL, 33914
About this home
Mi Casa, Su Casa of the future. This great property has no bridges to navigate and less than 10 minutes to the river, you'll enjoy seamless access to open waters for fishing, cruising or soaking in breathtaking sunsets. This lot is a primed for a builder-to-order masterpiece, allowing you to create a modern coastal retreat or timeless waterfront estate. This tear-down property is a blank slate, offering endless possibilities to design a home and dock perfectly suited to your boat and vision. Located in a sought-after area with convenient access to local amenities via boat such as Tarpon Point, Cape Harbour and the newest dock and dine experience at Slipaway Food Truck Park and Marina. In addition, it is located in a neighborhood that is bustling with new construction of multi-million dollar homes. It is your opportunity to "Buy Dirt" and build your legacy on the water. Start crafting the waterfront lifestyle you have dreamed of. Out of respect to the homeowner, please do not walk on the property without an appointment. The home and property contains extensive personal effects.
Property details
- Type
- SingleFamilyResidence
- Year built
- 1969
- Interior
- 1,181 sqft
- Lot size
- 10,018.8 sqft
- Acreage
- 0.23 acres
- Garage
- 1 car
- Days on market
- 45
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $6,720/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- None listed
- Exposure
- South
- Waterfront
- Yes
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- No
- 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 5 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 |
|---|---|---|---|---|---|
| 166 SW 52nd Street | Oct 2025 | $503,000 | 2/2 | 1,303 | $386 |
| 5114 SW 3rd Avenue | Jul 2026 | $430,000 | 3/2 | 1,370 | $314 |
| 5275 Stratford Court | Jul 2025 | $515,000 | 3/2 | 1,297 | $397 |
| 5310 Colonade Court | Sep 2025 | $410,000 | 3/2 | 1,370 | $299 |
| 5334 Cobalt Court | Oct 2025 | $430,000 | 3/2 | 1,288 | $334 |
| Average | 5 comps | $457,600 | $346 |
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 $20,000 (4.2%) from the original list price.
| Jan 9, 2026 | Sold | $460,000 |
| Oct 25, 2025 | Listed | $480,000 |
The good, the trade-offs & the location
- Waterfront
- Built 1969 — 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.