3 Bed Pool Home for Sale in Cape Coral
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For SaleMLS# 2026039358

$775,000

3 Bed Pool Home for Sale in Cape Coral

5012 SW 5th Place, Cape Coral, FL, 33914

3 beds2.5 baths2,364 sqft2 garage
BoatingWaterfront

About this home

Eight Lakes: New roof 2022 --- New pool cage 2022 --- New kitchen 2022 --- New high quality entrance door --- Composite boat dock --- Boat lift --- Perfectly situated on the lake (not close to a corner) --- Outstanding sunsets over the lake the entire year --- Quick Gulf access by boat (approx. 25 minutes to the river) --- Wonderful and quiet neighborhood --- Cul-de-sac --- 2,364 sq. ft. under a/c --- Pool bath --- Bright additional office area (or billiard) --- Buyers could continue the existing vacation rental program with existing bookings in place --- Comes turnkey furnished with everything needed for vacation rentals

Property details

Type
SingleFamilyResidence
Year built
1987
Interior
2,364 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%)
$10,850/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
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.

Above marketThis home is priced above comparable recent sales.
This home
$328/sqft
Comp median
$278/sqft
Difference
+18%

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.

AddressSoldSold priceBeds/BathsSq ft$/sqft
605 SW 51st TerraceDec 2025$662,5003/22,385$278
421 SW 51st TerraceNov 2025$680,0003/22,514$270
5012 SW 8th PlaceSep 2025$685,0003/22,208$310
Average3 comps$675,833$286

Market trends, Cape Coral

Median list
$399,000
Median $/sqft
$233
Median sold (90d)
$380,000
Avg days on market
92
Active listings
2,501
Median sold price · Cape Coral
$380,000last 3 months4.1% vs $365,000 prior 3 months
Median closed price by month · Cape Coral
7.4% MoM0.6% YoY
$340k$365k$390kJul ’25Sep ’26
$352,000Sep ’26 · 197 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 1987 — 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
5.8 mi
Cape Coral Hospital
Beach
7.7 mi
Fort Myers Beach
Airport
7.9 mi
Page Field (Fort Myers)
Shopping
7 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.