3 Bed Pool Home for Sale in Cape Coral
1 / 50
▶ View Virtual Tour
For SaleMLS# 2026023496

$589,000

3 Bed Pool Home for Sale in Cape Coral

3815 NW 5th Terrace, Cape Coral, FL, 33993

3 beds2.5 baths2,205 sqft2 garage
GatedBoatingWaterfront

About this home

GULF ACCESS POOL HOME WITH BOAT LIFT ON AN OVERSIZED LOT! Experience Southwest Florida living at its best in this beautifully maintained NW Cape Coral home offering over 2,200 square feet of living area. Step inside to soaring cathedral ceilings featuring a desirable split-bedroom floor plan, separate family room, den and a bright kitchen with breakfast nook overlooking the outdoor living space. Outside is where this home truly shines—enjoy the resurfaced pool with a brand-new screened cage, an expansive covered lanai perfect for year-round outdoor living, and lush tropical landscaping creating your own private backyard retreat. Boaters will appreciate Gulf access boating plus the convenience of your own boat lift for easy days on the water. Additional highlights include a new roof, oversized side-loading garage for enhanced curb appeal, and a highly desirable NW Cape Coral location. Bring your boat and start enjoying the Florida lifestyle.

Property details

Type
SingleFamilyResidence
Year built
2003
Interior
2,205 sqft
Lot size
21,954.24 sqft
Acreage
0.50 acres
Garage
2 car
Days on market
86
Total association fees
None
CDD
None
Est. taxes (1.4%)
$8,246/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
Well
Sewer
Septic Tank
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.

At marketThis home is priced in line with comparable recent sales.
This home
$267/sqft
Comp median
$263/sqft
Difference
+2%

Based on the $/sqft of 3 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.

Seeing several homes? Build a tour and we'll route it for you.

Your notes on this home

Keep private notes on this home, what you love, what to ask about, saved to your account and shared with your agent.

Recently sold nearby

Closed comparable sales within ~1 mile in the last 12 months, similar price, size, beds/baths, and age.

AddressSoldSold priceBeds/BathsSq ft$/sqft
417 NW 36th PlaceSep 2025$555,0004/22,388$232
1001 NW 35th AvenueJun 2026$592,5003/22,253$263
3605 Yucatan ParkwaySep 2025$610,0004/32,147$284
Average3 comps$585,833$260

Market trends, Cape Coral

Median list
$399,000
Median $/sqft
$232
Median sold (90d)
$385,000
Avg days on market
94
Active listings
2,481
Median sold price · Cape Coral
$385,000last 3 months7.2% vs $359,000 prior 3 months
Median closed price by month · Cape Coral
1.3% MoM8.4% YoY
$340k$365k$390kJul ’25Aug ’26
$384,750Aug ’26 · 413 sales

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 $30,900 (5%) from the original list price.

Jun 27, 2026Price reducedfrom $619,900$589,000
Jun 2, 2026Listed$619,900

The good, the trade-offs & the location

Pros
  • Built 2003 — post-2002 Florida wind codes (typically lower insurance)
  • Private pool
  • Waterfront
  • 2-car garage
Consider
  • In a higher-risk flood zone (AE) — flood insurance likely required
Location convenienceHigh
Hospital
7 mi
Cape Coral Hospital
Beach
15.7 mi
Sanibel Island
Airport
12.9 mi
Page Field (Fort Myers)
Shopping
7.1 mi
Coralwood / Merchants Crossing (Cape)

Straight-line distances to major SWFL amenities, approximate; actual drive times vary.

Loading map…

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.