$654,900
3 Bed 2 Bath Pool Waterfront SingleFamilyResidence for Sale in CAPE CORAL, FL
1001 SW 37th Street, Cape Coral, FL, 33914
About this home
Immediate Income-Producing Turnkey Waterfront Home in an Active Vacation Rental Program! 2021 Build | Heated Pool | All Assessments Paid | No Flood Insurance Required. This 2021-built Coastal Modern waterfront pool home in highly desirable Southwest Cape Coral is being sold turnkey furnished and is currently in a successful vacation rental program, offering immediate income with existing reservations in place. Situated on a freshwater canal with a 2024 composite dock, this home delivers open-concept living, volume ceilings, and upscale finishes throughout. The spacious layout features tile flooring, modern ceiling fans, a gourmet kitchen with walk-in pantry, indoor laundry with sink, and a private office/den with sliding barn door. The living area is highlighted by a modern electric fireplace for year-round ambiance. The primary suite occupies the entire right wing, offering private pool access and a spa-style bath with soaking tub, dual vanities, and walk-in shower. Guest bedrooms with walk-in closets are located opposite the primary suite for privacy, and the guest bath provides direct pool access. Outdoor living includes a heated pool, covered paver lanai, outdoor shower, and peaceful canal views—ideal for entertaining or relaxing. Located in an X Flood Zone (no flood insurance required) with hurricane shutters on all energy-efficient doors and windows. Enjoy kayaking, fishing, and boating from the dock. Additional highlights include an epoxy-finished garage floor, enhanced landscaping for privacy, and city assessments paid in full. Conveniently located near Cape Harbour, Downtown Cape Coral, the Westin Resort, and area beaches. Perfect as a full-time residence, second home, or income-producing investment, Start earning from day one. Schedule your private showing today!
Property details
- Type
- SingleFamilyResidence
- Year built
- 2021
- Interior
- 2,129 sqft
- Lot size
- 10,018.8 sqft
- Acreage
- 0.23 acres
- Garage
- 2 car
- Days on market
- 107
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $9,169/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 8 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 |
|---|---|---|---|---|---|
| 932 SW 36th Terrace | Apr 2026 | $669,000 | 4/3 | 2,265 | $295 |
| 3713 SW 13th Avenue | Dec 2025 | $585,000 | 3/2 | 2,060 | $284 |
| 1140 SW 40th Terrace | Jan 2026 | $599,000 | 4/3 | 2,150 | $279 |
| 834 SW 31st Terrace | Aug 2025 | $615,000 | 4/3 | 1,931 | $318 |
| 1216 SW 31st Terrace | Oct 2025 | $600,000 | 3/2 | 2,316 | $259 |
| 3015 SW 10th Avenue | Apr 2026 | $579,000 | 4/3 | 2,145 | $270 |
| Average | 6 comps | $607,833 | $284 |
Market trends — Cape Coral Estates / NW 8th–Pelican area
Live community medians from the MLS · see all listings. Indicative, not an appraisal.
Price & status history
Down $24,900 (3.8%) from the original list price.
| Mar 2, 2026 | Sold | $630,000 |
| Jan 6, 2026 | Back on market | |
| Oct 16, 2025 | Listed | $654,900 |
The good, the trade-offs & the location
- Built 2021 — post-2002 Florida wind codes (typically lower insurance)
- Private pool
- Waterfront
- 2-car garage
- 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.