3 Bed Pool Home for Sale in Cape Coral
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SoldMLS# 225061153

$365,000

3 Bed Pool Home for Sale in Cape Coral

538 SE 32nd Terrace, Cape Coral, FL, 33904

3 beds2 baths1,630 sqft2 garage
Gated

About this home

RECENTY APPRAISED AT $390,000 SO LISTED BELOW APPRAISED VALUE WITH NO VALUE ADDED AT APPRAISAL FOR SOLAR PANELS AT A COST OF $50,000 AND SOLAR WILL BE PAID OFF AT CLOSING......Well maintained south facing pool home with oversized heated saltwater pool, save money on monthly electric bills with solar panels. Roof replaced in 2017, in addition the great room has cathedral ceilings, and the kitchen is great with wood cabinets, tall upper cabinets and a beautiful granite countertop. Master bathroom recently updated, split floor plan with 2nd bathroom also having access to the pool, large laundry room with a laundry tub in the house not in the garage hurrah. Outside you have a very long pool ideal for laps with a heat pump and mansard screening and salt too, rear yard is partially fenced. If you are looking for a home that is in move in ready condition, in a great location then this is one you have to put on the top of your must-see list

Property details

Type
SingleFamilyResidence
Year built
1988
Interior
1,630 sqft
Lot size
10,018.8 sqft
Acreage
0.23 acres
Garage
2 car
Days on market
67
Total association fees
None
CDD
None
Est. taxes (1.4%)
$5,110/yr
Flood zone (area est.)
No · Low risk (X)
Storm protection
None listed
Exposure
South
Waterfront
No
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

Maintenance included in the fee

Other

What the association dues cover, per the MLS. Confirm the full schedule with the HOA.

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.

At marketThis home is priced in line with comparable recent sales.
This home
$224/sqft
Comp median
$217/sqft
Difference
+3%

Based on the $/sqft of 17 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
701 SE 35th TerraceAug 2026$315,0003/21,775$177
318 SE 33rd TerraceJul 2026$344,0003/21,761$195
3609 SE 4th AvenueAug 2026$315,0003/21,812$174
3722 SE 6th AvenueAug 2026$349,0003/21,680$208
2821 SE 8th AvenueMay 2026$359,9003/21,435$251
3405 SE 10th PlaceMay 2026$375,0002/21,607$233
Average6 comps$342,983$206

Market trends, Cape Coral

Median list
$399,000
Median $/sqft
$232
Median sold (90d)
$384,900
Avg days on market
92
Active listings
2,487
Median sold price · Cape Coral
$384,995last 3 months5.5% vs $365,000 prior 3 months
Median closed price by month · Cape Coral
1.3% MoM7.1% YoY
$340k$365k$390kJul ’25Sep ’26
$375,000Sep ’26 · 74 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.

Price & status history

Down $115,000 (27.7%) from the original list price.

Oct 1, 2025Sold$300,000
Aug 30, 2025Price reducedfrom $380,000$365,000
Jul 12, 2025Back on market
Jul 4, 2025Listed$415,000

The good, the trade-offs & the location

Pros
  • Lower flood risk (zone X)
  • Private pool
  • 2-car garage
Consider
  • Built 1988 — pre-2002 construction may carry older wind codes and higher insurance
Location convenienceHigh
Hospital
3.1 mi
Cape Coral Hospital
Beach
9.6 mi
Fort Myers Beach
Airport
6.1 mi
Page Field (Fort Myers)
Shopping
4.3 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.