$850,000
3 Bed Pool Home for Sale in Cape Coral
5004 SW 5th Place, Cape Coral, FL, 33914
About this home
Welcome to “Villa The View,” a rare opportunity to own a premier Gulf-access waterfront home in one of the most coveted locations in SW Cape Coral. Perfectly positioned on an oversized lot along the scenic 8-Lakes, this exceptional property boasts over 180 feet of seawall, delivering breathtaking panoramic water views and unforgettable sunsets from nearly every angle. Tucked away at the end of a quiet cul-de-sac, this beautifully maintained residence offers 3 bedrooms, den used for 4th bedroom, & 2 bathrooms, and nearly 2,000 square feet of comfortable living space. The home has been thoughtfully updated and is currently operating as a successful vacation rental, making it ideal as a primary residence, seasonal retreat, or income-producing investment. Step outside to your private outdoor oasis, where an expansive covered lanai provides the perfect setting for alfresco dining and entertaining. The heated pool and spa invite you to relax and unwind while enjoying tranquil waterfront views. With quick Gulf access, boating enthusiasts will appreciate the ability to explore the open waters, nearby islands, and some of Southwest Florida’s best fishing right from their backyard. Enjoy kayaking, paddleboarding, or simply soaking in the serene surroundings. Conveniently located near Rotary Park and Tarpon Point Marina, you’ll have easy access to nature trails, parks, waterfront dining, boutique shopping, and entertainment. Offered Turnkey with future bookings in place, this property presents exceptional income potential. Whether you choose to enjoy it as-is or envision building your custom dream home on this expansive waterfront lot, the possibilities are endless. Experience the ultimate Southwest Florida lifestyle—schedule your private showing today. ***Agents, Please make sure to Read the Confidential Remarks for Important Information before scheduling your Showing!!!
Property details
- Type
- SingleFamilyResidence
- Year built
- 1987
- Interior
- 1,828 sqft
- Lot size
- 13,460.04 sqft
- Acreage
- 0.31 acres
- Garage
- 2 car
- Days on market
- 118
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $11,900/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- None listed
- Exposure
- Northwest
- Waterfront
- Yes
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- Yes
- Spa
- Yes
- 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 15 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 |
|---|---|---|---|---|---|
| 5134 SW 3rd Avenue | Nov 2025 | $782,500 | 3/2 | 1,954 | $400 |
| 5220 SW 8th Place | Apr 2026 | $815,000 | 3/2 | 1,959 | $416 |
| 5244 SW 3rd Avenue | Aug 2026 | $700,000 | 3/3 | 1,735 | $403 |
| 5324 SW 3rd Avenue | Oct 2025 | $670,000 | 3/2 | 1,876 | $357 |
| 4913 SW 11th Avenue | Jul 2026 | $677,500 | 3/2 | 1,757 | $386 |
| 4912 SW 11th Avenue | Jan 2026 | $750,000 | 3/3 | 1,940 | $387 |
| Average | 6 comps | $732,500 | $392 |
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.
The good, the trade-offs & the location
- Private pool
- Waterfront
- 2-car garage
- Built 1987 — 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.