3 Bed Pool Home for Sale in Cape Coral
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SoldMLS# 2026017123

$935,000

3 Bed Pool Home for Sale in Cape Coral

5011 SW 5th Place, Cape Coral, FL, 33914

3 beds2.5 baths2,050 sqft2 garage
GatedBoatingWaterfront

About this home

Located in the highly sought-after SW Cape Coral area, this Gulf-access pool home offers stunning wide lake views and is perfectly positioned on a quiet cul-de-sac—delivering both privacy and one of the most desirable waterfront settings in the area. Offering over 2,050 sq. ft. under air, this meticulously maintained home features a bright and spacious great room with soaring cathedral ceilings, custom built-ins, and an open, inviting floor plan. With over $100,000 in recent improvements, this home is truly move-in ready. Recent upgrades include hurricane impact windows, remote-controlled roll-down shutters, a new A/C system, new appliances, updated light fixtures, a custom built-in cabinet, and a beautiful wine bar perfect for entertaining. Designed for both comfort and style, the home showcases pride of ownership throughout. Outside, you'll find a newly expanded paver driveway with widened walkways, enhancing both curb appeal and functionality. The standing seam metal roof, new garage door, plantation shutters, and new pool heater add even more value and peace of mind. Step outside to your expansive outdoor living space and enjoy breathtaking sunrise views over the water. The brand-new pool cage spans the entire width of the home, creating the perfect setting for year-round outdoor living. Boaters will appreciate the composite dock and quick, direct Gulf access, making this an exceptional waterfront lifestyle property. Just minutes from Cape Harbour, Tarpon Point, waterfront dining, shopping, marinas, and everyday conveniences, this prime location offers the perfect blend of luxury, convenience, and Florida living. Wide water views, Gulf access, and extensive upgrades make this a rare opportunity in one of Cape Coral's most desirable waterfront neighborhoods.

Property details

Type
SingleFamilyResidence
Year built
2000
Interior
2,050 sqft
Lot size
10,018.8 sqft
Acreage
0.23 acres
Garage
2 car
Days on market
52
Total association fees
None
CDD
None
Est. taxes (1.4%)
$13,090/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
Impact Windows/Doors, Shutters
Exposure
East
Waterfront
Yes
Gulf access
No
Gulf access type
N/A
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
$456/sqft
Comp median
$462/sqft
Difference
-1%

Based on the $/sqft of 6 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
5024 SW Pelican BoulevardJan 2026$1,060,0003/32,198$482
5220 SW 8th PlaceApr 2026$815,0003/21,959$416
5406 Pelican BoulevardAug 2025$830,0003/32,169$383
628 SW 56th StreetDec 2025$1,050,0003/22,099$500
127 SW 53rd TerraceFeb 2026$1,070,0003/22,250$476
1227 SW 51st StreetDec 2025$950,0003/22,119$448
Average6 comps$962,500$451

Market trends, Cape Coral

Median list
$399,900
Median $/sqft
$234
Median sold (90d)
$387,000
Avg days on market
94
Active listings
2,506
Median sold price · Cape Coral
$386,000last 3 months7.4% vs $359,500 prior 3 months
Median closed price by month · Cape Coral
18.8% MoM31.5% YoY
$340k$404k$467kJul ’25Aug ’26
$467,000Aug ’26 · 72 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 $55,000 (5.6%) from the original list price.

Aug 7, 2026Sold$920,000
May 28, 2026Price reducedfrom $950,000$935,000
Apr 21, 2026Listed$975,000

The good, the trade-offs & the location

Pros
  • Private pool
  • Waterfront
  • Storm protection: Impact Windows/Doors, Shutters
  • 2-car garage
Consider
  • Built 2000 — 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
5.8 mi
Cape Coral Hospital
Beach
7.6 mi
Fort Myers Beach
Airport
7.8 mi
Page Field (Fort Myers)
Shopping
7 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.