$629,900
3 Bed Waterfront Home for Sale in Cape Coral
5514 SW 9th Avenue, Cape Coral, FL, 33914
About this home
Don’t miss this rare opportunity to own a move-in-ready, Gulf access home in one of Cape Coral’s most sought-after locations! Located in the highly desirable SW Cape Coral neighborhood near Tarpon Point and Cape Harbour, this beautifully updated Gulf access home offers the ultimate Florida lifestyle. Enjoy a quick 12-minute boat ride to the Caloosahatchee River and popular waterfront dining spots! Set on an oversized corner lot (15,000+ sq ft), the property features lush mature landscaping, a fenced side yard, a circular driveway, and a side-load oversized garage. Inside, you'll find nearly 1,900 sq ft of completely remodeled living space that feels like a brand-new home. Highlights include: • 3 spacious bedrooms and 2.5 bathrooms • Tile floors throughout, fresh interior and exterior paint, and recessed lighting • All new impact-resistant windows and doors • New roof 2023 • Formal living and dining rooms for entertaining • A stunning chef’s kitchen with new soft-close cabinetry, glass tile backsplash, and flows into a large family room with bay window overlooking the canal—perfect for relaxing with a book • Split bedroom layout offering privacy, with a generous master suite and luxurious spa-style bathroom Enjoy Florida living on the screened lanai, complete with a large hot tub, brand-new screen enclosure, and plenty of space to add a pool. The canal offers a newer dock with jet ski lift, and there's room to add a full boat lift and dock system.
Property details
- Type
- SingleFamilyResidence
- Year built
- 1987
- Interior
- 1,890 sqft
- Lot size
- 15,071.76 sqft
- Acreage
- 0.35 acres
- Garage
- 2 car
- Days on market
- 400
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $8,819/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- Impact Windows/Doors
- Exposure
- South
- Waterfront
- Yes
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- No
- Spa
- Yes
- Natural gas
- No
- Water
- Assessment Paid
- Sewer
- Assessment Paid
- 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.
Based on the $/sqft of 9 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.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 527 SW 57th Street | Aug 2026 | $640,000 | 3/2 | 1,720 | $372 |
| 1216 SW 53rd Street | Jul 2026 | $640,000 | 3/2 | 1,928 | $332 |
| 1221 SW 51st Terrace | Apr 2026 | $626,000 | 3/2 | 2,014 | $311 |
| 1510 SW 52nd Lane | May 2026 | $663,000 | 3/2 | 2,012 | $330 |
| 5324 SW 3rd Avenue | Oct 2025 | $670,000 | 3/2 | 1,876 | $357 |
| 4924 SW 11th Court | Jul 2026 | $675,000 | 3/2 | 1,953 | $346 |
| Average | 6 comps | $652,333 | $341 |
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 $20,000 (3.1%) from the original list price.
| Sep 19, 2026 | Back on market | |
| Jan 5, 2026 | Price reducedfrom $649,900 | $629,900 |
| Jul 7, 2025 | Listed | $649,900 |
The good, the trade-offs & the location
- Waterfront
- Storm protection: Impact Windows/Doors
- 2-car garage
- Built 1987 — 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.