3 Bed Pool Home for Sale in Cape Coral
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For SaleMLS# 2026033512

$875,000

3 Bed Pool Home for Sale in Cape Coral

5020 SW 8th Place, Cape Coral, FL, 33914

3 beds3 baths2,217 sqft2 garage
GatedBoatingWaterfront

Upcoming open house

  • Wed, Aug 125:00 PM, 8:00 PM

About this home

Western exposure, direct Gulf access, a 20,000 lb boat lift and an incredible waterfront setting built for the Southwest Florida lifestyle. Welcome to this beautifully maintained Cape Coral pool home where boating, entertaining and everyday comfort come together. Perfectly positioned on a direct Gulf access canal in a desirable boating area, this home offers the waterfront lifestyle buyers come to Southwest Florida to enjoy. Even better, the home has experienced no flooding in any storm and offers an assumable flood insurance policy. From the moment you enter, the bright, open layout is filled with natural light and framed by expansive windows and sliding glass doors that keep the pool and canal views front and center. The main living area flows into the kitchen and dining spaces, creating an easy layout for entertaining. The kitchen features granite countertops, white cabinetry, stainless steel appliances, a tile backsplash, ample prep space and an extended breakfast bar with seating. Multiple dining areas provide flexibility for casual meals or gatherings, while a separate office or den creates the perfect work from home setup. The oversized primary suite is a true retreat with direct lanai access, dual walk in closets, a private bath and separate vanity area. The spacious en suite features dual vanities, a walk in shower and jetted soaking tub surrounded by windows for a bright, spa like feel. Additional bedrooms offer ample closet space, and the home also includes an interior laundry room with utility sink and storage. Outside is where this property truly shines. Western exposure provides the perfect backdrop for Florida sunsets from the covered lanai, heated pool and spa or waterfront. The covered outdoor living area offers room for dining, lounging and entertaining and includes a dedicated outdoor kitchen with an electric grill, sink, counter space and storage. The outdoor area also features a dedicated full pool bath with a walk in shower, adding convenience for guests and pool days. Beyond the pool, the waterfront is ready for boating with a spacious dock and 20,000 lb boat lift with canopy. With direct Gulf access and an excellent boating location, you can head out for fishing, cruising, waterfront dining or exploring Southwest Florida's waterways. Additional highlights include a two car garage and an attractive newer style tile roof. Surrounded by well maintained landscaping and offering western exposure, direct Gulf access, a heated pool and spa, covered lanai, outdoor kitchen and private dock, this home delivers the complete Cape Coral waterfront lifestyle.

Property details

Type
SingleFamilyResidence
Year built
1993
Interior
2,217 sqft
Lot size
10,018.8 sqft
Acreage
0.23 acres
Garage
2 car
Days on market
1
Total association fees
None
CDD
None
Est. taxes (1.4%)
$12,250/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
None listed
Exposure
West
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.

At marketThis home is priced in line with comparable recent sales.
This home
$395/sqft
Comp median
$383/sqft
Difference
+3%

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
828 SW 52nd StreetJul 2026$755,0003/22,077$364
5228 SW 8th CourtJul 2026$885,0003/32,312$383
5011 SW 5th PlaceAug 2026$920,0003/22,050$449
5331 Skyline BoulevardDec 2025$899,0003/22,186$411
5306 SW 11th AvenueJan 2026$799,0003/22,396$333
Average5 comps$851,600$388

Market trends, Cape Coral

Median list
$399,900
Median $/sqft
$234
Median sold (90d)
$387,000
Avg days on market
94
Active listings
2,506
Median sold price · Cape Coral
$386,000last 3 months7.4% vs $359,500 prior 3 months
Median closed price by month · Cape Coral
18.8% MoM31.5% YoY
$340k$404k$467kJul ’25Aug ’26
$467,000Aug ’26 · 72 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.

The good, the trade-offs & the location

Pros
  • Private pool
  • Waterfront
  • 2-car garage
Consider
  • Built 1993 — pre-2002 construction may carry older wind codes and higher insurance
  • In a higher-risk flood zone (AE) — flood insurance likely required
Location convenienceHigh
Hospital
6 mi
Cape Coral Hospital
Beach
7.7 mi
Fort Myers Beach
Airport
8.2 mi
Page Field (Fort Myers)
Shopping
7.2 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.