$699,999
3 Bed Pool Home for Sale in Cape Coral
605 SW 51st Terrace, Cape Coral, FL, 33914
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.
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.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 421 SW 51st Terrace | Nov 2025 | $680,000 | 3/2 | 2,514 | $270 |
| 5012 SW 8th Place | Sep 2025 | $685,000 | 3/2 | 2,208 | $310 |
| 5317 SW 9th Place | Jan 2026 | $720,000 | 4/2 | 2,373 | $303 |
| Average | 3 comps | $695,000 | $294 |
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 $37,499 (5.4%) from the original list price.
| Dec 2, 2025 | Sold | $662,500 |
| Oct 14, 2025 | Listed | $699,999 |
The good, the trade-offs & the location
- Private pool
- Gulf access (Direct — no bridges)
- 2-car garage
- Built 1993 — 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.