$879,900
3 Bed 2 Bath Pool Waterfront SingleFamilyResidence for Sale in CAPE CORAL, FL
5134 SW 3rd Avenue, Cape Coral, FL, 33914
About this home
Tropical Gulf Access Paradise Near Tarpon Point Discover the ultimate in coastal living with this beautifully upgraded tropical retreat, perfectly located south of Cape Coral Parkway near the sought-after Tarpon Point Marina. Situated on a deep water, direct Gulf access canal with no bridges, this boater’s haven features a 2021 boat lift for vessels up to 48 feet and enhanced dock utilities—ideal for transforming into your personal waterside bar or lounge. Relax under two tiki huts, entertain on the spacious lanai, or take a dip in the newly renovated pool (2023, 20-year warranty). Inside, the open-concept layout highlights a custom chef’s kitchen with a large center island and premium cabinetry, all framed by expansive sliding glass doors that bring in natural light and lush tropical views. Recent upgrades include: • New HVAC system (2024) with 10-year warranty • Custom glass front doors (2023) • Epoxy-coated garage floors & freshly painted interior • Upgraded electrical services for home, lanai, and dock Just minutes from waterfront dining, boutique shopping, and entertainment, this property combines the luxury of location with the comfort of a modern tropical lifestyle.
Property details
- Type
- SingleFamilyResidence
- Year built
- 1965
- Interior
- 1,954 sqft
- Lot size
- 10,018.8 sqft
- Acreage
- 0.23 acres
- Garage
- 2 car
- Days on market
- 140
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $12,319/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- Impact Windows/Doors, Shutters
- Exposure
- West
- 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 9 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 |
|---|---|---|---|---|---|
| 5324 SW 3rd Avenue | Oct 2025 | $670,000 | 3/2 | 1,876 | $357 |
| 101 SW 50th Street | Jun 2026 | $1,054,000 | 3/2 | 1,921 | $549 |
| 5220 SW 8th Place | Apr 2026 | $815,000 | 3/2 | 1,959 | $416 |
| 628 SW 56th Street | Dec 2025 | $1,050,000 | 3/2 | 2,099 | $500 |
| 5336 Baypoint Court | Jul 2026 | $825,000 | 4/2 | 1,777 | $464 |
| 5201 Tamiami Court | May 2026 | $900,000 | 3/2 | 1,915 | $470 |
| Average | 6 comps | $885,667 | $459 |
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 $97,400 (11.1%) from the original list price.
| Nov 7, 2025 | Sold | $782,500 |
| Jun 8, 2025 | Listed | $879,900 |
The good, the trade-offs & the location
- Private pool
- Gulf access (Direct — no bridges)
- Storm protection: Impact Windows/Doors, Shutters
- 2-car garage
- Built 1965 — 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.