3 Bed Pool Home for Sale in Cape Coral
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For SaleMLS# 2026039211

$449,000

3 Bed Pool Home for Sale in Cape Coral

202 SE 37th Terrace, Cape Coral, FL, 33904

3 beds2 baths1,735 sqft2 garage
BoatingWaterfront

About this home

Welcome to this Gulf-access pool home offering an exceptional opportunity to create your own Southwest Florida retreat. Priced to reflect the renovations needed, this 3-bedroom, 2-bath home also features a versatile den and separate dining area, providing plenty of space for everyday living, entertaining, or a home office. Major improvements are already in place, including a new roof in 2023 and A/C in 2024. Enjoy Gulf access with less than 20 minutes to open water, along with your own dock and scenic canal views. The screened-in pool and oversized lot provide plenty of outdoor space to enjoy the Florida lifestyle. Connected to central water and sewer with no HOA fees. Whether you're looking to renovate for yourself, create a seasonal getaway, or explore an investment opportunity, the location, waterfront access, layout, and potential are all here. Schedule your private showing today!

Property details

Type
SingleFamilyResidence
Year built
1986
Interior
1,735 sqft
Lot size
13,503.6 sqft
Acreage
0.31 acres
Garage
2 car
Days on market
0
Total association fees
None
CDD
None
Est. taxes (1.4%)
$6,286/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
None listed
Exposure
North
Waterfront
Yes
Gulf access
No
Gulf access type
N/A
Pool
Yes
Spa
No
Natural gas
No
Water
Public
Sewer
Public Sewer
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.

Above marketThis home is priced above comparable recent sales.
This home
$259/sqft
Comp median
$241/sqft
Difference
+7%

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
132 SW 34th LaneFeb 2026$385,0003/21,555$248
250 SW 37th TerraceJul 2026$475,0003/21,676$283
3931 Pelican BoulevardJan 2026$450,0003/21,921$234
233 SW 42nd TerraceJul 2026$390,0003/21,721$227
Average4 comps$425,000$248

Market trends, Cape Coral

Median list
$399,000
Median $/sqft
$233
Median sold (90d)
$380,575
Avg days on market
91
Active listings
2,506
Median sold price · Cape Coral
$380,000last 3 months4% vs $365,500 prior 3 months
Median closed price by month · Cape Coral
5.3% MoM2.9% YoY
$340k$365k$390kJul ’25Sep ’26
$359,999Sep ’26 · 219 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 1986 — 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
3.9 mi
Cape Coral Hospital
Beach
9.1 mi
Fort Myers Beach
Airport
6.7 mi
Page Field (Fort Myers)
Shopping
5 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.