$649,000
3 Bed 2.5 Bath Pool Waterfront SingleFamilyResidence for Sale in CAPE CORAL, FL
2909 SW 38th Terrace, Cape Coral, FL, 33914
About this home
Stunning turn-key canal-front home in Southwest Cape Coral, offering direct Gulf access and breathtaking sunset views from your private dock. This immaculate, move-in-ready 3-bedroom, 2.5-bath ranch-style residence features a highly desirable split floor plan and a spacious 2-car garage. Designed for both comfort and peace of mind, the home includes all-new impact windows and doors (2025) and a newer roof (2019). Step outside to your private oasis—perfect for entertaining—with a heated pool powered by a solar system, and a boat dock complete with a lift rated up to 12,000 lbs, ideal for boating enthusiasts. Located in the sought-after SW Cape Coral area off Surfside Blvd, this property combines modern upgrades, prime location, and exceptional waterfront living.
Property details
- Type
- SingleFamilyResidence
- Year built
- 1990
- Interior
- 2,081 sqft
- Lot size
- 10,628.64 sqft
- Acreage
- 0.24 acres
- Garage
- 2 car
- Days on market
- 73
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $9,086/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- Impact Windows/Doors
- Exposure
- North
- Waterfront
- Yes
- Gulf access
- Yes
- Gulf access type
- Direct — Gulf frontage
- 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 |
|---|---|---|---|---|---|
| 3721 Surfside Boulevard | Jul 2026 | $715,000 | 3/3 | 2,262 | $316 |
| 4104 SW 28th Place | Sep 2025 | $575,000 | 3/2 | 1,928 | $298 |
| 2616 SW 41st Street | Apr 2026 | $665,000 | 3/2 | 2,028 | $328 |
| 2516 SW 37th Terrace | Oct 2025 | $562,450 | 3/3 | 2,003 | $281 |
| 2300 SW 39th Terrace | Oct 2025 | $575,000 | 3/2 | 2,161 | $266 |
| 4122 SW 23rd Place | Jun 2026 | $650,000 | 3/2 | 2,113 | $308 |
| Average | 6 comps | $623,742 | $300 |
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 $25,000 (3.8%) from the original list price.
| Jun 18, 2026 | Sold | $640,000 |
| May 25, 2026 | Back on market | |
| May 6, 2026 | Price reducedfrom $665,000 | $649,000 |
| Mar 23, 2026 | Listed | $665,000 |
The good, the trade-offs & the location
- Private pool
- Gulf access (Direct — Gulf frontage)
- Storm protection: Impact Windows/Doors
- 2-car garage
- Built 1990 — 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.