$499,900
3 Bed 2 Bath Pool Waterfront SingleFamilyResidence for Sale in CAPE CORAL, FL
250 SW 37th Terrace, Cape Coral, FL, 33914
About this home
PRICED TO SELL! GULF ACCESS LIVING WITH YOUR BOAT RIGHT IN THE BACKYARD! Welcome to 250 SW 37th Ter, a well-kept 3-bedroom, 2-bath waterfront home in the sought-after Pelican neighborhood of Cape Coral. This home offers true Gulf access with a 9,000 lb boat lift, captain’s walk, and SOUTHERN EXPOSURE. Perfect for boating days and sunny pool afternoons. Inside, the layout is open and comfortable, with three sets of pocketing sliders that connect the living area and primary suite directly to the lanai and pool. The kitchen is designed for easy entertaining, featuring granite countertops, plenty of cabinetry, a breakfast bar, and a convenient pass-through window to the lanai. The primary suite includes a walk-in closet, ensuite bath, and sliding doors to the pool area. Impact-resistant windows provide peace of mind, and the home is NOT IN A FLOOD ZONE. Out back, enjoy a large covered and screened lanai with pool, ideal for relaxing or hosting friends, while your boat is just steps away. A 2-car garage, mature landscaping, and pride of ownership throughout complete the package. Centrally located and close to restaurants, schools, parks, and shopping, with quick access to downtown Cape Coral, Tarpon Point, Cape Harbour, and Yacht Club Beach. This is SW Florida waterfront living done right.
Property details
- Type
- SingleFamilyResidence
- Year built
- 1986
- Interior
- 1,676 sqft
- Lot size
- 10,628.64 sqft
- Acreage
- 0.24 acres
- Garage
- 2 car
- Days on market
- 123
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $6,999/yr
- Flood zone (area est.)
- No · Low risk (X)
- Storm protection
- Impact Windows/Doors
- Exposure
- South
- 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 |
|---|---|---|---|---|---|
| 4104 SW 1st Place | Feb 2026 | $529,000 | 3/2 | 1,758 | $301 |
| 624 SW 35th Street | Nov 2025 | $483,000 | 3/2 | 1,774 | $272 |
| 624 Mohawk Parkway | Feb 2026 | $489,000 | 3/2 | 1,745 | $280 |
| Average | 3 comps | $500,333 | $284 |
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 $65,000 (12%) from the original list price.
| Jul 17, 2026 | Sold | $475,000 |
| Apr 9, 2026 | Price reducedfrom $525,000 | $499,900 |
| Feb 2, 2026 | Listed | $540,000 |
The good, the trade-offs & the location
- Lower flood risk (zone X)
- Private pool
- Gulf access (Direct — no bridges)
- Storm protection: Impact Windows/Doors
- 2-car garage
- Built 1986 — pre-2002 construction may carry older wind codes and higher insurance
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.