3 Bed 3 Bath Pool Waterfront SingleFamilyResidence for Sale in CAPE CORAL, FL
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SoldMLS# 2026005384

$1,550,000

3 Bed 3 Bath Pool Waterfront SingleFamilyResidence for Sale in CAPE CORAL, FL

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

3 beds3 baths2,669 sqft2 garage
GatedBoatingWaterfront

About this home

Southern exposure, direct deep-water Gulf access custom-built pool home in pristine condition, located in the highly desirable Unit 3 of South Cape Coral on a quiet cul-de-sac with an oversized hammerhead lot and additional side garden. Situated on the Juan Carlos Canal with direct access via the San Carlos and Bimini Canals to the Caloosahatchee River — perfect for boating enthusiasts. The street is lined with mature palm trees, creating a peaceful and picturesque setting. This exceptional Aubuchon-built home offers 3 bedrooms plus a den, 3 bathrooms, and 2,669 sq ft under air in a spacious great-room layout. Impressive curb appeal includes a circular paver driveway, tropical landscaping, and elegant entry. The gourmet kitchen features wood cabinetry, granite countertops, stainless steel appliances, gas stove, center island, breakfast bar, instant hot water faucet, and ample storage. The primary suite includes pool access, walk-in closets, and a luxurious en-suite with soaking tub, dual vanities, and walk-in shower. Guest bedrooms have convenient bathroom access, including a pool bath. Indoor-outdoor living shines with expansive sliding doors leading to a covered lanai with lounge seating, outdoor prep station, dining area, and brand-new screened cage with picture screens. Enjoy the large saltwater pool and spa with electric heater, pavered pool deck, and outdoor shower. Boaters will love the dock with captain’s walk, wraparound dock, covered lift, and canopy. Additional features include split A/C in the garage with workstation, central vacuum, Lutron lighting system, sprinkler system, alarm, security cameras, and recent exterior paint. Offered turnkey with exclusions. A rare luxury waterfront opportunity in South Cape Coral.

Property details

Type
SingleFamilyResidence
Year built
2010
Interior
2,669 sqft
Lot size
10,672.2 sqft
Acreage
0.24 acres
Garage
2 car
Days on market
18
Total association fees
None
CDD
None
Est. taxes (1.4%)
$21,700/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
Impact Windows/Doors
Exposure
South
Waterfront
Yes
Gulf access
Yes
Gulf access type
Direct — no bridges
Pool
Yes
Spa
Yes
Natural gas
Yes
Water
Assessment Paid
Sewer
Assessment Paid
New construction
No
Pets
Yes
County
Lee

Maintenance included in the fee

StreetLightsTrash

What the association dues cover, per the MLS. Confirm the full schedule with the HOA.

Amenities

BoatRampPark

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
$581/sqft
Comp median
$620/sqft
Difference
-6%

Based on the $/sqft of 5 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.

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Your notes on this home

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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
5205 Tamiami CourtApr 2026$1,925,0003/32,781$692
5015 Pelican BoulevardApr 2026$1,550,0003/32,820$550
5211 Tamiami CourtApr 2026$1,750,0004/32,822$620
4804 Pelican BoulevardJul 2026$1,300,0003/32,719$478
126 SW 57th StreetOct 2025$1,875,0004/42,604$720
Average5 comps$1,680,000$612

Market trends — Cape Coral

Median list
$399,999
Median $/sqft
$234
Median sold (90d)
$384,900
Avg days on market
94
Active listings
2,509
Median sold price · Cape Coral
$382,000last 3 months7% vs $356,900 prior 3 months
Median closed price by month · Cape Coral
2.6% MoM11.3% YoY
$340k$368k$395kJul ’25Jul ’26
$395,000Jul ’26 · 316 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 $225,000 (14.5%) from the original list price.

Apr 14, 2026Sold$1,325,000
Jan 31, 2026Listed$1,550,000

The good, the trade-offs & the location

Pros
  • Built 2010 — post-2002 Florida wind codes (typically lower insurance)
  • Private pool
  • Gulf access (Direct — no bridges)
  • Storm protection: Impact Windows/Doors
  • 2-car garage
Consider
  • In a higher-risk flood zone (AE) — flood insurance likely required
Location convenienceHigh
Hospital
5.7 mi
Cape Coral Hospital
Beach
7.3 mi
Fort Myers Beach
Airport
7.2 mi
Page Field (Fort Myers)
Shopping
6.4 mi
Bell Tower Shops

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.