3 Bed Waterfront Home for Sale in Cape Coral
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For SaleMLS# 225061574

$629,900

3 Bed Waterfront Home for Sale in Cape Coral

5514 SW 9th Avenue, Cape Coral, FL, 33914

3 beds2.5 baths1,890 sqft2 garage
BoatingWaterfront

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.

At marketThis home is priced in line with comparable recent sales.
This home
$333/sqft
Comp median
$346/sqft
Difference
-4%

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.

AddressSoldSold priceBeds/BathsSq ft$/sqft
527 SW 57th StreetAug 2026$640,0003/21,720$372
1216 SW 53rd StreetJul 2026$640,0003/21,928$332
1221 SW 51st TerraceApr 2026$626,0003/22,014$311
1510 SW 52nd LaneMay 2026$663,0003/22,012$330
5324 SW 3rd AvenueOct 2025$670,0003/21,876$357
4924 SW 11th CourtJul 2026$675,0003/21,953$346
Average6 comps$652,333$341

Market trends, Cape Coral

Median list
$399,000
Median $/sqft
$233
Median sold (90d)
$380,575
Avg days on market
91
Active listings
2,506
Median sold price · Cape Coral
$380,000last 3 months4% vs $365,500 prior 3 months
Median closed price by month · Cape Coral
5.3% MoM2.9% YoY
$340k$365k$390kJul ’25Sep ’26
$359,999Sep ’26 · 219 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 $20,000 (3.1%) from the original list price.

Sep 19, 2026Back on market
Jan 5, 2026Price reducedfrom $649,900$629,900
Jul 7, 2025Listed$649,900

The good, the trade-offs & the location

Pros
  • Waterfront
  • Storm protection: Impact Windows/Doors
  • 2-car garage
Consider
  • Built 1987 — 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
6.6 mi
Cape Coral Hospital
Beach
7.1 mi
Fort Myers Beach
Airport
8.5 mi
Page Field (Fort Myers)
Shopping
7.6 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.