$650,000
3 Bed Waterfront Home for Sale in Cape Coral
1230 SW 53rd Terrace, Cape Coral, FL, 33914
About this home
PRIME LOCATION IN One of the MOST DESIRED locations of SW Cape Coral ** PRIME OVERSIZED LOT ** on canal ** OUTSTANDING LOCATION**NO BRIDGES, DIRECT SAILBOAT ACCESS TO RIVER AND GULF ** AMAZING VIEWS OF THE CANAL**Area of Million $$ homes ** Easy Walk to Tarpon Pointe ** Minutes to Open Water **This property is being sold as-is, South rear exposure, direct Gulf Access home with excellent access to the river and gulf with no bridges or locks! Close to popular Tarpon Point Marina. Seawall boat lift and dock in excellent condition. Home needs updating and freshing up .A MUST SEE A RARE CHANCE TO GET OVERSIZE LOT IN ONE OF CAPE CORALS BEST AREAS!!!!
Property details
- Type
- SingleFamilyResidence
- Year built
- 1982
- Interior
- 1,521 sqft
- Lot size
- 15,289.56 sqft
- Acreage
- 0.35 acres
- Garage
- 2 car
- Days on market
- 6
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $9,100/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- None listed
- Exposure
- South
- Waterfront
- Yes
- 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 |
|---|---|---|---|---|---|
| 1529 SW 52nd Terrace | Mar 2026 | $618,000 | 3/2 | 1,616 | $382 |
| 5313 SW 8th Court | Apr 2026 | $640,000 | 3/2 | 1,448 | $442 |
| 617 SW 51st Terrace | Feb 2026 | $585,000 | 2/2 | 1,645 | $356 |
| 527 SW 57th Street | Aug 2026 | $640,000 | 3/2 | 1,720 | $372 |
| Average | 4 comps | $620,750 | $388 |
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 $50,000 (7.7%) from the original list price.
| Jan 5, 2026 | Sold | $600,000 |
| Nov 30, 2025 | Listed | $650,000 |
The good, the trade-offs & the location
- Waterfront
- 2-car garage
- Built 1982 — 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.