$340,000
3 Bed SingleFamilyResidence for Sale in Cape Coral
706 SW 51st Terrace, Cape Coral, FL, 33914
About this home
DISTINCTIVE CAPE COD STYLE HOME IN CAPE CORAL’S SOUGHT AFTER EIGHT LAKES AREA! Welcome to 706 SW 51st Ter, a unique 3-bedroom, 2-bath home offering 1,908 square feet of living space in one of Southwest Cape Coral’s most desirable neighborhoods. With its classic Cape Cod architecture, dormer windows, and inviting curb appeal, this home stands apart from the typical Florida-style homes and offers character rarely found in the area. Inside, the home has been updated with a beautifully remodeled kitchen featuring quartz countertops, shaker-style cabinetry, a stylish tile backsplash, built-in wine rack, pantry, and a large breakfast bar open to the family room, with French doors to the screened lanai. The layout flows into the formal dining room, and Living room. The primary bedroom is located on the main floor, and both bathrooms have been updated with walk-in tiled showers and glass doors. Upstairs, two generously sized bedrooms feature charming dormer windows and cozy reading nooks that create warm and inviting spaces full of character. Outdoor living is just as enjoyable with a large screened lanai overlooking the large backyard, along with a separate open-air patio area with privacy fencing, ideal for relaxing or entertaining. The oversized yard offers plenty of space to add a pool while still leaving room for landscaping or garden space. Additional highlights include a laundry room, 2-car garage, and an oversized paver driveway. Located in Cape Coral’s highly desirable SW area within the popular Eight Lakes neighborhood, this home is just minutes from Tarpon Point Marina, Cape Harbour, Downtown Cape Coral, Rotary Park, and the Rose Garden area, offering easy access to dining, shopping, and some of the area’s best amenities. If you’re looking for a home with distinctive architecture, modern updates, and a prime Cape Coral location, this property is one you won’t want to miss.
Property details
- Type
- SingleFamilyResidence
- Year built
- 1981
- Interior
- 1,908 sqft
- Lot size
- 10,018.8 sqft
- Acreage
- 0.23 acres
- Garage
- 2 car
- Days on market
- 140
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $4,760/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- Impact Windows/Doors
- Exposure
- South
- Waterfront
- No
- 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 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 |
|---|---|---|---|---|---|
| 1004 SW 51st Terrace | Oct 2025 | $325,000 | 3/2 | 2,033 | $160 |
| 721 SW 56th Street | Dec 2025 | $325,000 | 3/2 | 1,848 | $176 |
| 1202 SW 51st Terrace | Apr 2026 | $370,000 | 3/2 | 1,909 | $194 |
| 237 SW 48th Terrace | Dec 2025 | $290,000 | 3/2 | 1,755 | $165 |
| Average | 4 comps | $327,500 | $174 |
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 $25,000 (6.8%) from the original list price.
| Aug 4, 2026 | Price reducedfrom $350,000 | $340,000 |
| Apr 12, 2026 | Listed | $365,000 |
The good, the trade-offs & the location
- Storm protection: Impact Windows/Doors
- 2-car garage
- Built 1981 — 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.