3 Bed Waterfront Home for Sale in Cape Coral
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SoldMLS# 2026017966

$424,900

3 Bed Waterfront Home for Sale in Cape Coral

167 SW 53rd Street, Cape Coral, FL, 33914

3 beds2 baths1,683 sqft1 garage
GatedBoatingWaterfront

About this home

Welcome to your slice of paradise—this direct Gulf access home offers coveted sailboat access and effortless waterfront living. This 3-bedroom, 2-bathroom home offers 1,352 sq ft of comfortable living space and comes equipped with a 10,000 lb boat lift and boat cover, making it easy to get out on the water anytime. Inside, you’ll find a beautifully remodeled kitchen, along with peace of mind thanks to a new AC installed in 2018 and a roof replaced in 2019. The home is located in one of the area’s most desirable neighborhoods, known for its active lifestyle with neighbors often seen biking and walking their dogs. Ideally situated just around the corner from Rotary Park and Tarpon Point, you’ll enjoy close proximity to top-rated schools, great restaurants, and vibrant nightlife. Whether you're looking for a full-time residence or a waterfront retreat, this home truly has it all.

Property details

Type
SingleFamilyResidence
Year built
1964
Interior
1,683 sqft
Lot size
10,018.8 sqft
Acreage
0.23 acres
Garage
1 car
Days on market
23
Total association fees
None
CDD
None
Est. taxes (1.4%)
$5,949/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
None listed
Exposure
North
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.

At marketThis home is priced in line with comparable recent sales.
This home
$252/sqft
Comp median
$255/sqft
Difference
-1%

Based on the $/sqft of 20 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
5213 SW 2nd PlaceSep 2025$440,0003/21,858$237
5051 Saxony CourtJul 2026$530,0003/21,728$307
5252 Seminole CourtJan 2026$505,0003/21,685$300
4827 SW 3rd AvenueJan 2026$415,0003/11,661$250
5249 Sunset CourtJul 2026$460,0003/21,540$299
4820 SW 2nd PlaceJun 2026$515,0003/21,497$344
Average6 comps$477,500$290

Market trends, Cape Coral

Median list
$399,000
Median $/sqft
$233
Median sold (90d)
$385,000
Avg days on market
92
Active listings
2,485
Median sold price · Cape Coral
$384,999last 3 months6.9% vs $360,000 prior 3 months
Median closed price by month · Cape Coral
2.6% MoM5.7% YoY
$340k$365k$390kJul ’25Sep ’26
$369,990Sep ’26 · 55 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 $32,400 (7.2%) from the original list price.

Jun 15, 2026Sold$417,500
May 11, 2026Price reducedfrom $449,900$424,900
Apr 22, 2026Listed$449,900

The good, the trade-offs & the location

Pros
  • Waterfront
Consider
  • Built 1964 — 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
5.9 mi
Cape Coral Hospital
Beach
7.2 mi
Fort Myers Beach
Airport
7.5 mi
Page Field (Fort Myers)
Shopping
6.6 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.