$519,900
3 Bed Pool Home for Sale in Cape Coral
504 Cape Coral Parkway, Cape Coral, FL, 33914
About this home
One-of-a-kind opportunity awaits! Newly renovated gulf access pool home that is situated on a rare 15,000 square-foot triple lot located on the Eight Lakes, with a view that must be witnessed in person! 120 feet of waterfront and Southern exposure. The remodel consists of a new open floor plan, vaulted ceilings, new roof, new impact resistant garage door, air conditioned garage, all new tile flooring throughout. A new one-of-a-kind kitchen island containing the sink, stove and drawers has been imported from Italy. New updated electrical and plumbing to conform to the latest city codes. New modern bathrooms and showers. New can ceiling lighting throughout. The remodel just needs your finishing touches and is priced accordingly with the 33% additional land that this property has. In addition, it is a great place for kids to play, pets to run around or whatever your needs might be. The hidden gem of an opportunity would be to build up to a 6000 square-foot dream home on the triple lot. The future resale value of that is a tremendous opportunity. Come and see in person!
Property details
- Type
- SingleFamilyResidence
- Year built
- 1984
- Interior
- 1,927 sqft
- Lot size
- 14,984.64 sqft
- Acreage
- 0.34 acres
- Garage
- 2 car
- Days on market
- 73
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $7,279/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- None listed
- 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
Maintenance included in the fee
What the association dues cover, per the MLS. Confirm the full schedule with the HOA.
Amenities
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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Your notes on this home
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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 |
|---|---|---|---|---|---|
| 4627 SW 5th Place | Apr 2026 | $497,000 | 3/2 | 2,041 | $244 |
| 4519 Pelican Boulevard | Mar 2026 | $570,000 | 4/3 | 2,100 | $271 |
| 4822 SW 1st Court | Jul 2026 | $550,000 | 4/2 | 1,973 | $279 |
| Average | 3 comps | $539,000 | $265 |
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 $134,750 (20.7%) from the original list price.
| Oct 1, 2025 | Sold | $515,000 |
| Sep 7, 2025 | Price reducedfrom $534,000 | $519,900 |
| Aug 11, 2025 | Back on market | |
| Jun 28, 2025 | Listed | $649,750 |
The good, the trade-offs & the location
- Private pool
- Gulf access (Direct — no bridges)
- 2-car garage
- Built 1984 — 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.