3 Bed Pool Home for Sale in Cape Coral
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For SaleMLS# 2026024659

$549,000

3 Bed Pool Home for Sale in Cape Coral

3931 Pelican Boulevard, Cape Coral, FL, 33914

3 beds2 baths1,921 sqft2 garage
GatedBoatingWaterfront

About this home

3 Bedrooms / 2 Baths * Roof (2020) * AC (2019) * HEATED POOL * ZERO HURRICANE DAMAGE (from lan, Helene, or Milto) * 200-FT-WIDE CANAL * ONLY 3.4 MILES TO OPEN WATER * CITY WATER & SEWER * ASSESSMENTS ARE FULLY PAID * DOCK WITH BOAT LIFT * NO LOCKS, ONLY 2 BRIDGES * DIRECT, UNRESTRICTED ACCESS TO THE CALOOSAHATCHEE RIVER & GULF OF MEXICO * ENJOY BEAUTIFUL SUNSETS, FISHING or A DAY ON THE WATER - all from your backyard! * Open-Concept Kitchen With Granite Countertops * Expansive SLIDING GLASS DOORS with STUNNING CANAL VIEWS * Tile Flooring Throughout (Carpeted Living Room And Front Room) * INDOOR LAUNDRY ROOM & CONVENIENT POOL BATHROOM * COMFORTABLE and a SPACIOUS LAYOUT * TURNKEY * EACH BEDROOM HAS A WALK-IN CLOSET * Scenic walking paths right outside your front door * Located in one of Cape Coral's MOST DESIRABLE NEIGHBORHOOD (Farmers Markets, Live music & local eateries, Marinas & waterfront dining) * near Gulf Courses, Tennis Courts, Parks, Sun Splash, etc. * A WELL ESTABLISHED NEIGHBORHOOD * WONDERFUL INVESTMENT OPPORTUNITY OR HOME FOR SOMEONE! Call now for a showing.

Property details

Type
SingleFamilyResidence
Year built
1993
Interior
1,921 sqft
Lot size
10,018.8 sqft
Acreage
0.23 acres
Garage
2 car
Days on market
51
Total association fees
None
CDD
None
Est. taxes (1.4%)
$7,686/yr
Flood zone (area est.)
No · Low risk (X)
Storm protection
None listed
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.

At marketThis home is priced in line with comparable recent sales.
This home
$286/sqft
Comp median
$280/sqft
Difference
+2%

Based on the $/sqft of 5 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.

AddressSoldSold priceBeds/BathsSq ft$/sqft
4200 SW 3rd AvenueOct 2025$547,0003/22,087$262
4104 SW 1st PlaceFeb 2026$529,0003/21,758$301
4116 SW 1st PlaceAug 2026$525,0003/21,948$270
624 Mohawk ParkwayFeb 2026$489,0003/21,745$280
3701 SW 2nd AvenueSep 2025$625,0003/21,897$329
Average5 comps$543,000$288

Market trends, Cape Coral

Median list
$399,000
Median $/sqft
$232
Median sold (90d)
$381,150
Avg days on market
91
Active listings
2,491
Median sold price · Cape Coral
$380,575last 3 months3.8% vs $366,500 prior 3 months
Median closed price by month · Cape Coral
7.6% MoM0.3% YoY
$340k$365k$390kJul ’25Sep ’26
$351,000Sep ’26 · 124 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 $16,000 (2.8%) from the original list price.

Sep 11, 2026Back on market
Jun 28, 2026Price reducedfrom $565,000$549,000
Jun 3, 2026Listed$565,000

The good, the trade-offs & the location

Pros
  • Lower flood risk (zone X)
  • Private pool
  • Waterfront
  • 2-car garage
Consider
  • Built 1993 — pre-2002 construction may carry older wind codes and higher insurance
Location convenienceHigh
Hospital
4.5 mi
Cape Coral Hospital
Beach
8.9 mi
Fort Myers Beach
Airport
7.4 mi
Page Field (Fort Myers)
Shopping
5.6 mi
Coralwood / Merchants Crossing (Cape)

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

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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.