$525,000
3 Bed Pool Home for Sale in Cape Coral
4627 SW 5th Place, Cape Coral, FL, 33914
About this home
GULF ACCESS POOL HOME IN SOUTHWEST CAPE — STRONG VALUE, SOLID HISTORY. Welcome to 4627 SW 5th Place — an opportunity to secure Gulf access in one of Southwest Cape Coral’s most desirable boating areas without paying a premium for cosmetic updates alone. This property delivers where it matters most: location, infrastructure, and resilience. The home has not experienced flooding during past hurricanes, offering an added layer of confidence for waterfront buyers. Enjoy Gulf access from your private boat lift, relax in the resurfaced screened pool, and take in peaceful canal views from your lanai. The outdoor setting captures the Florida waterfront lifestyle buyers are actively searching for. Major system improvements have already been completed, including: • New Roof (2022) • Impact Windows & Doors (2019) • HVAC System (2020) • Pool Resurfaced + Lanai & Exterior Paint (2019) • Refaced Kitchen Cabinetry (2023) • New Electrical Pane, Fence and Water Heater (2025) With the big-ticket items addressed, buyers can personalize interior finishes to reflect their own style while building equity in a prime Southwest Cape location. In today’s market, many Gulf access homes command significantly higher prices based on aesthetics alone. This property stands out as a strategic purchase — strong fundamentals, boating access, documented upgrades, and a solid history through recent storm seasons. Compare it to other Gulf access options currently available and see the value for yourself. Schedule your private showing today.
Property details
- Type
- SingleFamilyResidence
- Year built
- 1988
- Interior
- 2,041 sqft
- Lot size
- 10,018.8 sqft
- Acreage
- 0.23 acres
- Garage
- 2 car
- Days on market
- 393
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $7,350/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- Impact Windows/Doors
- 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
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 |
|---|---|---|---|---|---|
| 504 Cape Coral Parkway | Oct 2025 | $515,000 | 3/3 | 1,927 | $267 |
| 4519 Pelican Boulevard | Mar 2026 | $570,000 | 4/3 | 2,100 | $271 |
| 238 SW 45th Terrace | Aug 2026 | $455,000 | 3/2 | 1,920 | $237 |
| Average | 3 comps | $513,333 | $258 |
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.
Price & status history
Down $228,000 (31.4%) from the original list price.
| Apr 20, 2026 | Sold | $497,000 |
| Mar 4, 2026 | Price reducedfrom $549,900 | $525,000 |
| Dec 23, 2025 | Back on market | |
| Feb 27, 2025 | Listed | $725,000 |
The good, the trade-offs & the location
- Private pool
- Waterfront
- Storm protection: Impact Windows/Doors
- 2-car garage
- Built 1988 — pre-2002 construction may carry older wind codes and higher insurance
- In a higher-risk flood zone (AE) — flood insurance likely required
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.