$750,000
3 Bed Pool Home for Sale in Cape Coral
421 SW 51st Terrace, Cape Coral, FL, 33914
About this home
RENOVATED 8 LAKES POOL HOME! Enjoy the ultimate Southwest Florida lifestyle in this completely updated Gulf-access pool home located in Cape Coral’s coveted 8 Lakes neighborhood. This spacious 3-bedroom, 2.5-bath residence offers over 2,500 square feet of living space with a split-bedroom layout designed to maximize the LONG WATER VIEWS. Step inside to find vaulted ceilings, walls of windows, and an open-concept living area that flows seamlessly into BRAND NEW KITCHEN featuring granite countertops, stainless steel appliance package, white shaker cabinetry, island prep area, and a generous breakfast bar. The kitchen overlooks the pool area and lanai, offering beautiful LAKEFRONT views while you cook or entertain. The main living space opens through sliding glass doors to a large screened lanai. Outdoor living is what SWFL is all about and this home will not disappoint! Lanai features half bath, extra storage and lots of room for outdoor seating and dining alike. The pebble tech pool was refinished recently and is ideal for relaxing, entertaining, or enjoying the Florida sunshine. The owner’s suite features direct lanai access, a walk-in closet, and an ensuite bath designed like a modern wet room, fully tiled with dual vanities, a soaking tub, walk-in shower for a spa-like experience complete with walk out exterior atrium. Two guest bedrooms are tucked away on the opposite side of the home and share a updated full bath. Additional highlights include NEW ROOF (2023), fresh paint inside and out, new LVP flooring, formal dining room, interior laundry room, utility sink, new washer and dryer, and a two-car garage. A BRAND NEW composite dock with boat lift and captain’s walk is ready for use! With only a 25-minute boat ride to open waters, this home is a boater's paradise, offering easy access to the Gulf of Mexico. Indulge in the ultimate Florida lifestyle with this updated home in a premium location that has WIDE WATER VIEWS all within reach of the area's finest amenities and attractions. Schedule your private tour today and experience waterfront living at its absolute finest.
Property details
- Type
- SingleFamilyResidence
- Year built
- 1990
- Interior
- 2,514 sqft
- Lot size
- 10,018.8 sqft
- Acreage
- 0.23 acres
- Garage
- 2 car
- Days on market
- 68
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $10,500/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- None listed
- 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 |
|---|---|---|---|---|---|
| 605 SW 51st Terrace | Dec 2025 | $662,500 | 3/2 | 2,385 | $278 |
| 5329 SW 8th Court | Jun 2026 | $850,000 | 4/2 | 2,479 | $343 |
| 5317 SW 9th Place | Jan 2026 | $720,000 | 4/2 | 2,373 | $303 |
| 5306 SW 11th Avenue | Jan 2026 | $799,000 | 3/2 | 2,396 | $333 |
| Average | 4 comps | $757,875 | $314 |
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 $70,000 (9.3%) from the original list price.
| Nov 12, 2025 | Sold | $680,000 |
| Jul 23, 2025 | Listed | $750,000 |
The good, the trade-offs & the location
- Private pool
- Waterfront
- 2-car garage
- Built 1990 — 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.