3 Bed Pool Home for Sale in Cape Coral
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For SaleMLS# 226011489

$499,000

3 Bed Pool Home for Sale in Cape Coral

231 SE 45th Terrace, Cape Coral, FL, 33904

3 beds2 baths1,918 sqft2 garage
Gated

About this home

Welcome to this charming home located in the heart of Cape Coral, FL. This beautifully maintained and large square footage property features spacious living areas, a modern kitchen with updated appliances, and a stunning backyard with a pool appropriate for outdoor entertaining. Enjoy the serene setting and convenient proximity to local shops, dining, and recreational areas in Downtown Cape Coral. No HOA and space to park your boat and/or RV. A truly inviting space appropriate for creating lasting memories.

Property details

Type
SingleFamilyResidence
Year built
1979
Interior
1,918 sqft
Lot size
10,018.8 sqft
Acreage
0.23 acres
Garage
2 car
Days on market
0
Total association fees
None
CDD
None
Est. taxes (1.4%)
$6,986/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
None listed
Exposure
North
Waterfront
No
Gulf access
No
Gulf access type
N/A
Pool
Yes
Spa
No
Natural gas
No
Water
Public
Sewer
Public Sewer
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.

Below marketThis home is priced below comparable recent sales, a potential value.
This home
$260/sqft
Comp median
$288/sqft
Difference
-10%

Based on the $/sqft of 4 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
4910 Sorrento CourtApr 2026$525,0003/21,768$297
4822 SW 1st CourtJul 2026$550,0004/21,973$279
4519 Pelican BoulevardMar 2026$570,0004/32,100$271
5051 Saxony CourtJul 2026$530,0003/21,728$307
Average4 comps$543,750$289

Market trends, Cape Coral

Median list
$399,000
Median $/sqft
$232
Median sold (90d)
$385,000
Avg days on market
94
Active listings
2,481
Median sold price · Cape Coral
$385,000last 3 months7.2% vs $359,000 prior 3 months
Median closed price by month · Cape Coral
1.3% MoM8.4% YoY
$340k$365k$390kJul ’25Aug ’26
$384,750Aug ’26 · 413 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
  • 2-car garage
Consider
  • Built 1979 — 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
4.7 mi
Cape Coral Hospital
Beach
8.1 mi
Fort Myers Beach
Airport
6.6 mi
Page Field (Fort Myers)
Shopping
5.9 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.