3 Bed Pool Home for Sale in Cape Coral
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SoldMLS# 2026027931

$524,900

3 Bed Pool Home for Sale in Cape Coral

131 SW 35th Terrace, Cape Coral, FL, 33914

3 beds2.5 baths1,479 sqft2 garage
GatedBoatingWaterfront

About this home

You simply must take a look at this NEVER FLOODED, BEAUTIFULLY UPDATED and TURNKEY FURNISHED GULF-ACCESS POOL HOME in an incredible SW CAPE CORAL location! SW Florida living is all about outdoor living, and as nice as the inside of this home is, the outdoor living spaces are incredible. They include a NEARLY BRAND-NEW, LARGE, SCREENED- IN LANAI WITH HEATED POOL (just built in 2023), Plus an INCREDIBLE GULF-ACCESS WATERFRONT with a large concrete dock! PLUS, eveything else is basically brand new - ROOF (2021), TILE FLOORING THROUGHOUT (2022), the FULLY REDONE KITCHEN AND BATHS (2022), IMPACT WINDOWS (2023), and TONS OF NEWER MECHANICALS (water heater, mini-split AC, garage door, in-ground sprinkers, breaker panel, and gutters - all 2022-2023!). Even the furniture is nearly brand new! This CENTRALLY LOCATED home is minutes from top-notch restaurants, shopping, groceries, and everything you need, all while still being tucked into the back of a quiet street. THIS HOME IS ALSO PERFECT FOR A VACATION RENTAL - PROVING TO PRODUCE $300-$500 PER NIGHT during Season! Seller also has an ASSUMABLE FLOOD POLICY of just $1800/yr! Make sure to check out the virtual tour and then schedule a private tour of this incredible home - the pictures don't do it justice!

Property details

Type
SingleFamilyResidence
Year built
1980
Interior
1,479 sqft
Lot size
10,018.8 sqft
Acreage
0.23 acres
Garage
2 car
Days on market
21
Total association fees
None
CDD
None
Est. taxes (1.4%)
$7,349/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
Impact Windows/Doors
Exposure
North
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.

Above marketThis home is priced above comparable recent sales.
This home
$355/sqft
Comp median
$279/sqft
Difference
+27%

Based on the $/sqft of 9 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
3616 SW 1st PlaceAug 2026$425,0003/21,413$301
250 SW 37th TerraceJul 2026$475,0003/21,676$283
224 SE 31st TerraceFeb 2026$425,0003/21,523$279
310 SE 32nd StreetAug 2026$394,0003/21,642$240
3742 SE 3rd PlaceOct 2025$396,0003/21,564$253
3623 SW 6th AvenueSep 2025$400,0003/21,416$282
Average6 comps$419,167$273

Market trends, Cape Coral

Median list
$399,000
Median $/sqft
$233
Median sold (90d)
$384,999
Avg days on market
92
Active listings
2,482
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 $7,900 (1.5%) from the original list price.

Aug 28, 2026Sold$517,000
Jul 17, 2026Back on market
Jul 1, 2026Listed$524,900

The good, the trade-offs & the location

Pros
  • Private pool
  • Waterfront
  • Storm protection: Impact Windows/Doors
  • 2-car garage
Consider
  • Built 1980 — 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
3.8 mi
Cape Coral Hospital
Beach
9.4 mi
Fort Myers Beach
Airport
7 mi
Page Field (Fort Myers)
Shopping
4.9 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.