3 Bed Pool Home for Sale in Cape Coral
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For SaleMLS# 2026038335

$474,900

3 Bed Pool Home for Sale in Cape Coral

102 SE 38th Terrace, Cape Coral, FL, 33904

3 beds2 baths1,576 sqft2 garage
GatedBoatingWaterfront

About this home

Here is a remarkable deal on a GULF ACCESS property in a great Cape Coral location. Situated on a wide canal with only one bridge to arrive at open water (roughly 20 min boat ride). This house is on a triple/oversized lot with dock and boat lift included in sale. The big items are done including newer roof, AC/air handler, impact windows, leaf guards on gutters, etc. Inside has a nice layout, well cared for and is in move in condition while providing opportunity to the buyer to do cosmetic updates as desired. Two car garage plus extra storage area with access from the outside This area has the potential to be turned into a 3rd stall garage fairly easily. Very nice large screened lanai with pool bath access, heated swimming pool and spa with Southern exposure. Make this your little slice of paradise today!!

Property details

Type
SingleFamilyResidence
Year built
1978
Interior
1,576 sqft
Lot size
16,117.2 sqft
Acreage
0.37 acres
Garage
2 car
Days on market
0
Total association fees
None
CDD
None
Est. taxes (1.4%)
$6,649/yr
Flood zone (area est.)
No · Low risk (X)
Storm protection
Impact Windows/Doors
Exposure
South
Waterfront
Yes
Gulf access
Yes
Gulf access type
Direct — no bridges
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
$301/sqft
Comp median
$307/sqft
Difference
-2%

Based on the $/sqft of 4 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
3616 SW 1st PlaceAug 2026$425,0003/21,413$301
102 SE 42nd StreetJul 2026$450,0003/21,441$312
250 SW 37th TerraceJul 2026$475,0003/21,676$283
131 SW 35th TerraceAug 2026$517,0003/21,479$350
Average4 comps$466,750$312

Market trends, Cape Coral

Median list
$399,000
Median $/sqft
$233
Median sold (90d)
$384,375
Avg days on market
91
Active listings
2,486
Median sold price · Cape Coral
$383,500last 3 months5.1% vs $365,000 prior 3 months
Median closed price by month · Cape Coral
2.6% MoM5.7% YoY
$340k$365k$390kJul ’25Sep ’26
$369,990Sep ’26 · 93 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
  • Lower flood risk (zone X)
  • Private pool
  • Gulf access (Direct — no bridges)
  • Storm protection: Impact Windows/Doors
  • 2-car garage
Consider
  • Built 1978 — pre-2002 construction may carry older wind codes and higher insurance
Location convenienceHigh
Hospital
4.1 mi
Cape Coral Hospital
Beach
9 mi
Fort Myers Beach
Airport
6.8 mi
Page Field (Fort Myers)
Shopping
5.3 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.