$620,000
3 Bed Pool Home for Sale in Cape Coral
1221 SW 51st Terrace, Cape Coral, FL, 33914
About this home
Recently improved price – now $620,000. This Gulf-access waterfront home with no bridges to open water offers an exciting opportunity for boaters and buyers looking to personalize their Florida retreat. Featuring 3 bedrooms, 2 bathrooms, and over 2,000 sq ft, the home offers a distinctive layout designed to create separate, comfortable living spaces while still keeping the focus on the waterfront lifestyle. Many buyers appreciate how the layout naturally separates entertaining, relaxing, and private areas. The pool area provides a spacious outdoor setting to enjoy the Florida sunshine, and the pool is both solar heated and equipped with an electric heater for year-round enjoyment. Major updates include a new roof (2024), water heater (2025), A/C (2017), electrical panel replacement (2020), repaired sprinkler system, and a whole-house generator hookup in the garage. Boaters will appreciate the 25,000 lb boat lift, recently updated with a new motor, belt, pulleys, and rails.
Property details
- Type
- SingleFamilyResidence
- Year built
- 1986
- Interior
- 2,014 sqft
- Lot size
- 10,018.8 sqft
- Acreage
- 0.23 acres
- Garage
- 2 car
- Days on market
- 89
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $8,680/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
- 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 5 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 |
|---|---|---|---|---|---|
| 4924 SW 11th Court | Jul 2026 | $675,000 | 3/2 | 1,953 | $346 |
| 1216 SW 53rd Street | Jul 2026 | $640,000 | 3/2 | 1,928 | $332 |
| 1510 SW 52nd Lane | May 2026 | $663,000 | 3/2 | 2,012 | $330 |
| 1505 SW 49th Street | Dec 2025 | $630,000 | 3/2 | 2,018 | $312 |
| 1528 SW 52nd Lane | Mar 2026 | $625,000 | 3/2 | 2,092 | $299 |
| Average | 5 comps | $646,600 | $324 |
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 $94,000 (13.1%) from the original list price.
| Apr 23, 2026 | Sold | $626,000 |
| Mar 10, 2026 | Price reducedfrom $675,000 | $620,000 |
| Dec 13, 2025 | Listed | $720,000 |
The good, the trade-offs & the location
- Private pool
- Waterfront
- 2-car garage
- Built 1986 — 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.