3 Bed Pool Home for Sale in Cape Coral
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SoldMLS# 2025015016

$699,999

3 Bed Pool Home for Sale in Cape Coral

605 SW 51st Terrace, Cape Coral, FL, 33914

3 beds2.5 baths2,385 sqft2 garage
BoatingWaterfront

About this home

GORGEOUS LAKE VIEW AND GULF ACCESS via one bridge. Thunderbird Lake is calling you. This is what will attract you to this spacious (2,385 sq ft living area), lovingly maintained 3 bedroom, 2 1/2 bath, 2 car garage pool home in the desirable 8-Lakes area off Pelican Blvd. accessible to all points Cape Coral. This home has had NO FLOOD DAMAGE. So many upgrades: updated kitchen with granite counter tops. New tile roof 2017, new, continuously maintained A/C in 2017. Fenced back yard. Beautiful composite deck overlooking the huge glittering lake for your morning coffee or evening leisure. Sparkling pool and screened lanai w/pool bath. Present owners' pride...on lanai, exquisite, hand made by well-known artist stained-glass window with back lighting stays to be enjoyed by new owners. Must see to appreciate what this home has to offer

Property details

Type
SingleFamilyResidence
Year built
1993
Interior
2,385 sqft
Lot size
10,018.8 sqft
Acreage
0.23 acres
Garage
2 car
Days on market
8
Total association fees
None
CDD
None
Est. taxes (1.4%)
$9,800/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
None listed
Exposure
North
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.

At marketThis home is priced in line with comparable recent sales.
This home
$294/sqft
Comp median
$303/sqft
Difference
-3%

Based on the $/sqft of 3 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
421 SW 51st TerraceNov 2025$680,0003/22,514$270
5012 SW 8th PlaceSep 2025$685,0003/22,208$310
5317 SW 9th PlaceJan 2026$720,0004/22,373$303
Average3 comps$695,000$294

Market trends, Cape Coral

Median list
$399,000
Median $/sqft
$233
Median sold (90d)
$385,000
Avg days on market
92
Active listings
2,484
Median sold price · Cape Coral
$384,999last 3 months6.9% vs $360,000 prior 3 months
Median closed price by month · Cape Coral
2.6% MoM5.7% YoY
$340k$365k$390kJul ’25Sep ’26
$369,990Sep ’26 · 53 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.

Price & status history

Down $37,499 (5.4%) from the original list price.

Dec 2, 2025Sold$662,500
Oct 14, 2025Listed$699,999

The good, the trade-offs & the location

Pros
  • Private pool
  • Gulf access (Direct — no bridges)
  • 2-car garage
Consider
  • Built 1993 — 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
5.9 mi
Cape Coral Hospital
Beach
7.6 mi
Fort Myers Beach
Airport
8 mi
Page Field (Fort Myers)
Shopping
7.1 mi
Coralwood / Merchants Crossing (Cape)

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.