3 Bed Pool Home for Sale in Cape Coral
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For SaleMLS# 226019651

$489,900

3 Bed Pool Home for Sale in Cape Coral

740 Coral Drive, Cape Coral, FL, 33904

3 beds2 baths1,899 sqft2 garage
Gated

About this home

Live the Southwest Florida lifestyle in this ideally located 3-bedroom, 2-bath Pool home in one of the most desirable areas of Cape Coral. Just minutes from the popular Cape Coral Yacht Club Public Beach and the Cape Coral Yacht Club Park Fishing Pier, this property places you near some of the city’s best waterfront attractions, dining, boating, fishing, and entertainment. Conveniently located only 5 minutes from the Cape Coral Bridge, commuting to Fort Myers, beaches, shopping, and the airport is quick and convenient while still allowing you to enjoy the relaxed coastal charm that makes Cape Coral so desirable. This Turnkey home offers a fantastic opportunity as a primary residence, seasonal getaway, or income-producing investment property. Offering nearly 1,900 square feet of thoughtfully designed living space, this stunning residence features elegant upgrades and a warm, inviting atmosphere throughout. The updated interior blends contemporary finishes with timeless design, creating a move-in-ready home that feels both stylish and comfortable. Step outside to your private backyard retreat featuring a heated saltwater pool, ideal for enjoying sunny Southwest Florida days year-round. Surrounded by multi-million-dollar homes, this charming and whimsical neighborhood offers an unbeatable lifestyle. All assessments are paid, and the home is competitively priced to sell. Other features include HVAC system and water heater installed in 2021, Pool resurfaced in 2019, Newer windows throughout, Newer pool heater with Omni Logic remote control system, Alum/Vinyl 6 Ft Fence installed in 2020, Roof replaced on 2013, Irrigation System. Agents See Confidential Remarks.

Property details

Type
SingleFamilyResidence
Year built
1976
Interior
1,899 sqft
Lot size
10,410.84 sqft
Acreage
0.24 acres
Garage
2 car
Days on market
55
Total association fees
None
CDD
None
Est. taxes (1.4%)
$6,859/yr
Flood zone (area est.)
Yes · High risk (AE)
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

RoadMaintenance

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.

Above marketThis home is priced above comparable recent sales.
This home
$258/sqft
Comp median
$234/sqft
Difference
+10%

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.

AddressSoldSold priceBeds/BathsSq ft$/sqft
5617 Coronado CourtMay 2026$530,0003/21,712$310
422 Coral DriveMar 2026$450,0003/21,923$234
5231 Wisteria CourtFeb 2026$455,0004/22,058$221
Average3 comps$478,333$255

Market trends, Cape Coral

Median list
$399,000
Median $/sqft
$233
Median sold (90d)
$385,000
Avg days on market
94
Active listings
2,460
Median sold price · Cape Coral
$385,000last 3 months7.2% vs $359,000 prior 3 months
Median closed price by month · Cape Coral
2.6% MoM7% YoY
$340k$365k$390kJul ’25Aug ’26
$380,000Aug ’26 · 444 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 $30,100 (5.8%) from the original list price.

Jul 21, 2026Price reducedfrom $520,000$489,900
May 27, 2026Listed$520,000

The good, the trade-offs & the location

Pros
  • Private pool
  • 2-car garage
Consider
  • Built 1976 — 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
HealthPark Medical Center
Beach
6.5 mi
Fort Myers Beach
Airport
6.6 mi
Page Field (Fort Myers)
Shopping
5.5 mi
Bell Tower Shops

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.