$499,999
3 Bed Waterfront Home for Sale in Cape Coral
2609 SW 37th Street, Cape Coral, FL, 33914
About this home
Very well maintained 3-bedroom, 2-bath home with Gulf access. CBS construction, new porcelain plank tile throughout, remodeled kitchen with quartz countertops, glass tile backsplash, and new cabinetry. Both bathrooms updated with new tile, flooring, and vanities. The living room features a cathedral ceiling, adding to the open feel of the main living area. Outside, the property offers a large screened lanai with an extended patio, paver pad with tiki hut, and a putting green, along with a spacious backyard with mature landscaping and plenty of room to add a pool. The waterfront includes a concrete dock and 10,000 lb boat lift, with just one bridge to open water — only 5 minutes to the Outer Rim Canal (South Spreader). Additional features include a generator hookup, an updated four-zone sprinkler system, and a roof replaced in 2023. The home has not experienced flooding or flood damage. Assumable Flood insurance policy and elevation certificate available. A great opportunity for boaters looking to enjoy the water and outdoor Florida lifestyle. Schedule your showing today.
Property details
- Type
- SingleFamilyResidence
- Year built
- 1988
- Interior
- 1,415 sqft
- Lot size
- 10,018.8 sqft
- Acreage
- 0.23 acres
- Garage
- 2 car
- Days on market
- 121
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $7,000/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- None listed
- Exposure
- North
- Waterfront
- Yes
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- No
- Spa
- No
- Natural gas
- No
- Water
- Assessment Paid
- Sewer
- Assessment Paid
- New construction
- No
- Pets
- Yes
- County
- Lee
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 4 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.
Seeing several homes? Build a tour and we'll route it for you.
Your notes on this home
Keep private notes on this home, what you love, what to ask about, saved to your account and shared with your agent.
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 |
|---|---|---|---|---|---|
| 2401 SW 38th Terrace | Jul 2026 | $389,000 | 3/2 | 1,482 | $262 |
| 2823 SW 39th Terrace | Feb 2026 | $540,000 | 3/2 | 1,567 | $345 |
| 2415 SW 43rd Street | Apr 2026 | $540,000 | 3/2 | 1,553 | $348 |
| 4313 SW 26th Avenue | Apr 2026 | $387,500 | 3/2 | 1,434 | $270 |
| Average | 4 comps | $464,125 | $306 |
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 $47,001 (8.6%) from the original list price.
| Jul 17, 2026 | Price reducedfrom $524,999 | $499,999 |
| Apr 28, 2026 | Listed | $547,000 |
The good, the trade-offs & the location
- Waterfront
- 2-car garage
- Built 1988 — 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.
Similar homes nearby
$500,000
MLS# 202603605212065 Boat Shell Drive, Matlacha Isles, FL, 33991
$439,000
MLS# 20250207532631 Bayshore Drive, Matlacha, FL, 33993
$589,000
MLS# 20250136605781 Cape Harbour Drive 1201, Cape Coral, FL, 33914
$489,000
MLS# 20260340825109 Sunnybrook Court 12, Cape Coral, FL, 33904
$489,900
MLS# 20260081391107 SE 38th Street, Cape Coral, FL, 33904
$410,000
MLS# 2260077155155 Sunnybrook Court, Cape Coral, FL, 33904
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.