$349,990
3 Bed Pool Home for Sale in Cape Coral
118 SE 44th Terrace, Cape Coral, FL, 33904
About this home
Turnkey vacation rental opportunity — fully furnished and ready to generate income from day one. This beautifully maintained home has been successfully operated as a short-term rental property for the past four years, earning a strong history of guest satisfaction and consistent five-star reviews. The south-facing heated pool, recently resurfaced, (new pool heater) is surrounded by professionally designed landscaping that creates a private resort-style outdoor living space guests consistently love. The home has been professionally maintained and thoughtfully staged for vacation rental use, offering comfort, style, and functionality throughout. Solar panels provide significant energy savings, helping reduce operating costs while increasing long-term value for investors or homeowners alike. 12 months of electric bills from LCEC are provided in the supplements. Whether you are seeking a proven income-producing investment property, a short-term rental opportunity, or a move-in-ready Florida retreat, this property delivers exceptional versatility. All furnishings, décor, and vacation rental setup are ready to go, allowing the next owner to seamlessly continue the established rental operation or simply enjoy the home immediately. Sellers have meticulously taken care of this property.
Property details
- Type
- SingleFamilyResidence
- Year built
- 1978
- Interior
- 1,406 sqft
- Lot size
- 10,367.28 sqft
- Acreage
- 0.24 acres
- Garage
- 1 car
- Days on market
- 4
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $4,900/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- None listed
- Exposure
- South
- Waterfront
- No
- 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
Maintenance included in the fee
What the association dues cover, per the MLS. Confirm the full schedule with the HOA.
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 6 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.
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Your notes on this home
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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 |
|---|---|---|---|---|---|
| 133 SE 45th Street | Dec 2025 | $310,000 | 3/2 | 1,415 | $219 |
| 120 SW 46th Street | Aug 2026 | $318,000 | 3/2 | 1,241 | $256 |
| 203 SE 43rd Terrace | Aug 2026 | $300,000 | 3/2 | 1,493 | $201 |
| 247 SE 46th Street | Feb 2026 | $310,000 | 3/2 | 1,393 | $223 |
| 329 SE 47TH Terrace | Jun 2026 | $330,000 | 3/2 | 1,259 | $262 |
| 229 SW 45th Street | Nov 2025 | $300,000 | 3/2 | 1,251 | $240 |
| Average | 6 comps | $311,333 | $234 |
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 $54,990 (13.7%) from the original list price.
| Apr 27, 2026 | Sold | $345,000 |
| Mar 9, 2026 | Price reducedfrom $399,990 | $349,990 |
| Mar 9, 2026 | Listed | $399,990 |
The good, the trade-offs & the location
- Private pool
- Built 1978 — 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.