$569,900
3 Bed 3 Bath Pool Waterfront SingleFamilyResidence for Sale in CAPE CORAL, FL
2516 SW 37th Terrace, Cape Coral, FL, 33914
About this home
From the moment you walk in the door you are greeted with the view of the pool and the extra wide gulf access canal. This well-maintained pool home with panorama water views is perfectly located in the highly desirable Unit 74. Enjoy peace of mind with a new top of the line steel roof, a stunning new top of the line heavy duty picture window pool cage, and a new pool heater all recent upgrades designed for style and durability. The home’s southern rear exposure provides all day sun on the pool and breathtaking water views and sunsets and sunrises. This is a boaters and fisherman’s dream come true with only 1 bridge to get out to open water. The living room features 90-degree sliding glass doors and is open to the eat in kitchen area. There is beautiful crown molding throughout the home that adds a touch of elegance. The eat in kitchen area and family room have breathtaking views of the water. The spacious kitchen has lots of cabinets and counter space. Master Bath features dual sinks, separate soaking tub and shower. One guest bedroom has its own bathroom and serves as a pool bath. The other guest bedroom has a built in Murphy bed which allows for plenty of space to also utilize it as a guest bedroom and office. If you like to golf you are also in close proximity to Palmetto Pines Golf Course. This home provides it all. Whether you’re looking for a full-time residence, a vacation retreat, or a vacation rental property this property delivers the best of Cape Corals lifestyle with easy access to the Gulf of Mexico. Boaters this is Gulf Access right from your backyard - go finishing, island hopping, waterfront dining, or head out to the beach! Located in the desirable SW close to shopping, dining, events, Starbucks, Target, Publix, and the area’s top-rated restaurants.
Property details
- Type
- SingleFamilyResidence
- Year built
- 2000
- Interior
- 2,003 sqft
- Lot size
- 10,018.8 sqft
- Acreage
- 0.23 acres
- Garage
- 2 car
- Days on market
- 1
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $7,979/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- None listed
- Exposure
- South
- 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.
Based on the $/sqft of 7 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 |
|---|---|---|---|---|---|
| 2118 SW 38th Terrace | Mar 2026 | $600,000 | 4/2 | 1,805 | $332 |
| 4122 SW 23rd Place | Jun 2026 | $650,000 | 3/2 | 2,113 | $308 |
| 2909 SW 38th Terrace | Jun 2026 | $640,000 | 3/2 | 2,081 | $308 |
| 4142 SW 22nd Court | Apr 2026 | $535,000 | 3/2 | 1,875 | $285 |
| 4104 SW 28th Place | Sep 2025 | $575,000 | 3/2 | 1,928 | $298 |
| 3052 SW 27th Court | Sep 2025 | $560,000 | 4/2 | 2,114 | $265 |
| Average | 6 comps | $593,333 | $299 |
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 $7,450 (1.3%) from the original list price.
| Oct 20, 2025 | Sold | $562,450 |
| Sep 5, 2025 | Listed | $569,900 |
The good, the trade-offs & the location
- Private pool
- Waterfront
- 2-car garage
- Built 2000 — pre-2002 construction may carry older wind codes and higher insurance
- In a higher-risk flood zone (AE) — flood insurance likely required
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.