$584,500
3 Bed Pool Home for Sale in Cape Coral
4509 SW 5th Avenue, Cape Coral, FL, 33914
About this home
**WIDE WATER VIEWS • GULF ACCESS • TURNKEY FURNISHED • TURNKEY VACATION RENTAL** Welcome to the quintessential **Southwest Florida lifestyle** in the highly desirable Pelican neighborhood! Positioned on a **gulf-access lake with expansive water views**, this home offers something truly special—**beautiful open-water scenery without looking directly into a neighboring lanai**. The result is a peaceful, private setting where you can relax poolside, enjoy the sunshine and take in the water views without feeling surrounded. From your own backyard, keep an eye out for **dolphins, manatees and rays** as they make their way through the waterways—an everyday reminder that you’re living the Southwest Florida dream. For boating enthusiasts, the gulf-access location provides an incredible opportunity to explore Southwest Florida by water, while the coveted SW Cape location puts you close to **Tarpon Point Marina**, waterfront dining, shops and entertainment, as well as **Rotary Park** and its beautiful natural surroundings. Offered **turnkey furnished**, this home is ready to enjoy from day one and is already established in a **successful vacation rental program**, with future rentals already in place. Whether you're looking for a private Florida retreat, a seasonal getaway or an income-producing vacation property, this home offers an exceptional combination of **gulf-access boating, wide water views, privacy, natural beauty and an unbeatable SWFL lifestyle**. Spend your days on the water, afternoons by the pool and evenings watching the sun set over the lake. **This is more than a home—it’s the Southwest Florida lifestyle you’ve been waiting for.**
Property details
- Type
- SingleFamilyResidence
- Year built
- 1986
- Interior
- 1,754 sqft
- Lot size
- 10,018.8 sqft
- Acreage
- 0.23 acres
- Garage
- 2 car
- Days on market
- 0
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $8,183/yr
- Flood zone (area est.)
- No · Low risk (X)
- 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
Amenities
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 7 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.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 4306 SW 3rd Avenue | May 2026 | $575,000 | 3/2 | 1,697 | $339 |
| 504 Cape Coral Parkway | Oct 2025 | $515,000 | 3/3 | 1,927 | $267 |
| 4909 SW 8th Court | Feb 2026 | $625,000 | 3/2 | 1,805 | $346 |
| 4104 SW 1st Place | Feb 2026 | $529,000 | 3/2 | 1,758 | $301 |
| 617 SW 51st Terrace | Feb 2026 | $585,000 | 2/2 | 1,645 | $356 |
| 4524 SE 1st Place | Nov 2025 | $620,000 | 3/3 | 1,770 | $350 |
| Average | 6 comps | $574,833 | $327 |
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
- Lower flood risk (zone X)
- Private pool
- Waterfront
- Storm protection: Impact Windows/Doors, Shutters
- 2-car garage
- Built 1986 — pre-2002 construction may carry older wind codes and higher insurance
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.
Similar homes nearby
$699,950
MLS# 20260344791417 SW 24th Street, Cape Coral, FL, 33991
$470,000
MLS# 20260167481437 Vendome Court, Cape Coral, FL, 33904
$679,000
MLS# 20260231261118 SE 16th Terrace, Cape Coral, FL, 33990
$599,900
MLS# 20260334253319 SE 17th Avenue, Cape Coral, FL, 33904
$519,900
MLS# 20260347181433 SE 17th Street, Cape Coral, FL, 33990
$630,000
MLS# 20260315012305 SW 15th Place, Cape Coral, FL, 33991
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.