$935,000
3 Bed Pool Home for Sale in Cape Coral
5011 SW 5th Place, Cape Coral, FL, 33914
About this home
Located in the highly sought-after SW Cape Coral area, this Gulf-access pool home offers stunning wide lake views and is perfectly positioned on a quiet cul-de-sac—delivering both privacy and one of the most desirable waterfront settings in the area. Offering over 2,050 sq. ft. under air, this meticulously maintained home features a bright and spacious great room with soaring cathedral ceilings, custom built-ins, and an open, inviting floor plan. With over $100,000 in recent improvements, this home is truly move-in ready. Recent upgrades include hurricane impact windows, remote-controlled roll-down shutters, a new A/C system, new appliances, updated light fixtures, a custom built-in cabinet, and a beautiful wine bar perfect for entertaining. Designed for both comfort and style, the home showcases pride of ownership throughout. Outside, you'll find a newly expanded paver driveway with widened walkways, enhancing both curb appeal and functionality. The standing seam metal roof, new garage door, plantation shutters, and new pool heater add even more value and peace of mind. Step outside to your expansive outdoor living space and enjoy breathtaking sunrise views over the water. The brand-new pool cage spans the entire width of the home, creating the perfect setting for year-round outdoor living. Boaters will appreciate the composite dock and quick, direct Gulf access, making this an exceptional waterfront lifestyle property. Just minutes from Cape Harbour, Tarpon Point, waterfront dining, shopping, marinas, and everyday conveniences, this prime location offers the perfect blend of luxury, convenience, and Florida living. Wide water views, Gulf access, and extensive upgrades make this a rare opportunity in one of Cape Coral's most desirable waterfront neighborhoods.
Property details
- Type
- SingleFamilyResidence
- Year built
- 2000
- Interior
- 2,050 sqft
- Lot size
- 10,018.8 sqft
- Acreage
- 0.23 acres
- Garage
- 2 car
- Days on market
- 52
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $13,090/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- Impact Windows/Doors, Shutters
- Exposure
- East
- 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 6 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 |
|---|---|---|---|---|---|
| 5024 SW Pelican Boulevard | Jan 2026 | $1,060,000 | 3/3 | 2,198 | $482 |
| 5220 SW 8th Place | Apr 2026 | $815,000 | 3/2 | 1,959 | $416 |
| 5406 Pelican Boulevard | Aug 2025 | $830,000 | 3/3 | 2,169 | $383 |
| 628 SW 56th Street | Dec 2025 | $1,050,000 | 3/2 | 2,099 | $500 |
| 127 SW 53rd Terrace | Feb 2026 | $1,070,000 | 3/2 | 2,250 | $476 |
| 1227 SW 51st Street | Dec 2025 | $950,000 | 3/2 | 2,119 | $448 |
| Average | 6 comps | $962,500 | $451 |
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 $55,000 (5.6%) from the original list price.
| Aug 7, 2026 | Sold | $920,000 |
| May 28, 2026 | Price reducedfrom $950,000 | $935,000 |
| Apr 21, 2026 | Listed | $975,000 |
The good, the trade-offs & the location
- Private pool
- Waterfront
- Storm protection: Impact Windows/Doors, Shutters
- 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.