$625,000
3 Bed Pool Home for Sale in Cape Coral
205 SW 37th Lane, Cape Coral, FL, 33914
About this home
Welcome to your tropical waterfront retreat in Cape Coral’s desirable Pelican neighborhood! This spacious 3 bedroom, 3 bath GULF ACCESS Pool Home offers 2,181 square feet of living space and a generous under truss lanai with plenty of room to relax, dine, and gather. The split bedroom floor plan features a great room, 10' ft ceilings throughout, and water views from the main living area and primary bedroom. One guest bedroom has a private ensuite bathroom and could serve as a second primary suite. The primary bedroom includes a walk-in-closet and bathroom with a separate tub and shower. Additional features include a metal roof, plantation shutters, accordion hurricane shutters, new stainless steel Frigidaire Gallery appliances, an upgraded irrigation system, and a recently resurfaced saltwater pool with an electric heater. The home is currently used as a vacation rental and could be offered TURNKEY FURNISHED; see remarks. Beyond the property, Pelican Sports Complex is just a few streets South, offering parks, baseball fields, and soccer fields, along with nearby Pelican Elementary and CCFD Station 9. Sidewalks along Pelican Blvd enhance neighborhood walkability and biking throughout the area. Enjoy the vibrant Marina Village at Tarpon Point Marina, featuring waterfront dining, boutique shopping, an art gallery, and The Westin Hotel. Also in close proximity, explore the revitalized downtown Cape Coral scene, including the popular Bimini Basin waterfront restaurant, perfect for dining, sunsets, and embracing the coastal lifestyle. Whether you're seeking a primary residence, 2nd home, or an investment opportunity, this property checks all the boxes. Schedule your private showing today. Assessments paid in full.
Property details
- Type
- SingleFamilyResidence
- Year built
- 2002
- Interior
- 2,181 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%)
- $8,750/yr
- Flood zone (area est.)
- No · Low risk (X)
- Storm protection
- None listed
- Exposure
- North
- Waterfront
- Yes
- Gulf access
- Yes
- Gulf access type
- Direct — no bridges
- 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 3 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 |
|---|---|---|---|---|---|
| 3538 SE 1st Place | Jul 2026 | $669,900 | 3/2 | 2,293 | $292 |
| 4200 SW 3rd Avenue | Oct 2025 | $547,000 | 3/2 | 2,087 | $262 |
| 527 SW 40th Terrace | Jul 2026 | $575,000 | 3/2 | 2,032 | $283 |
| Average | 3 comps | $597,300 | $279 |
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
- Built 2002 — post-2002 Florida wind codes (typically lower insurance)
- Lower flood risk (zone X)
- Private pool
- Gulf access (Direct — no bridges)
- 2-car garage
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.