$899,000
4 Bed Pool Home for Sale in Cape Coral
1223 SW 51st Street, Cape Coral, FL, 33914
About this home
JUST A SHORT BOAT RIDE AND NO BRIDGES TO OPEN WATER! DIRECT GULF ACCESS, 2-STORY HOME WITH 2 PRIMARY SUITES, POOL, AND 125-FOOT WIDE CANAL VIEWS! Welcome to 1223 SW 51st St in the sought-after Unit 64 area of SW Cape Coral. This 4-bedroom + den, 3 bath, 2-story waterfront home offers 2,856 square feet, a DIRECT DEEP WATER SAILBOAT ACCESS location, and one of the boating setups serious boaters are looking for. Situated on the Finn Canal, a 125-foot-wide canal off the Gloriana Canal, this home offers NO BRIDGES and NO LOCKS, with quick access out to the Caloosahatchee and on toward the Gulf, beaches, Cape Harbour, Tarpon Point, and more. The cul-de-sac location adds to the appeal, while the wide canal views, mature neighborhood, and established lot give this property a setting that is hard to duplicate. The homeowners also note a major recent investment in the outdoor waterfront living, including lanai pavers, pool tile and surfacing, balcony work, and an expansion-ready dock. Inside, the layout is flexible and spacious, with two separate living areas, a bright open kitchen, indoor and outdoor dining flow, and a den that works well as an office, bonus room, or extra gathering space. One of the standout features is the TWO PRIMARY SUITES, one downstairs and one upstairs, making the home especially appealing for multigenerational living, guests, or buyers who want extra privacy. The upstairs primary suite occupies the second floor and includes its own waterfront sitting area and private balcony, while the downstairs primary suite offers convenient access to the pool area. The guest bedrooms are generously sized, and the guest bath doubles as a pool bath with a large soaking tub. The kitchen and interior finishes were updated with the kind of improvements buyers will notice, including custom soft-close cabinetry, quartz countertops, updated appliances, and tile flooring that fits the Florida boating and pool lifestyle well. Major system and feature updates include a metal roof, 2 complete A/C systems, updated electrical panel, water heater, impact-resistant windows in key areas, custom shutters, new interior and exterior paint, remodeled baths, LVP flooring upstairs and on the stairs, epoxy garage floor, and more. The pool is solar heated and has an above-average size and depth, with an approximately 6-foot deep end. The property is also wired for fiber internet. If boating, poolside living, and a prime Southwest Cape Coral location are on your list, you need to see this home!
Property details
- Type
- SingleFamilyResidence
- Year built
- 1985
- Interior
- 2,856 sqft
- Lot size
- 10,193.04 sqft
- Acreage
- 0.23 acres
- Garage
- 2 car
- Days on market
- 111
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $12,586/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- Impact Windows/Doors, Shutters
- Exposure
- North
- Waterfront
- Yes
- Gulf access
- Yes
- Gulf access type
- Direct — no bridges
- Pool
- Yes
- Spa
- No
- 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 13 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 |
|---|---|---|---|---|---|
| 5236 SW 18th Avenue | Sep 2025 | $950,000 | 4/3 | 3,053 | $311 |
| 1444 SW 57th Street | Dec 2025 | $700,000 | 3/2 | 2,742 | $255 |
| 2016 El Dorado Parkway | Nov 2025 | $1,050,000 | 3/2 | 2,859 | $367 |
| 6061 Silver King Boulevard 401 | Jan 2026 | $947,000 | 3/3 | 3,048 | $311 |
| 6021 Silver King Boulevard 305 | Mar 2026 | $875,000 | 3/3 | 2,970 | $295 |
| 6081 Silver King Boulevard 203 | Jun 2026 | $700,000 | 3/3 | 2,764 | $253 |
| Average | 6 comps | $870,333 | $299 |
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 $119,000 (12.3%) from the original list price.
| Aug 26, 2026 | Sold | $850,000 |
| Jul 16, 2026 | Price reducedfrom $969,000 | $899,000 |
| Apr 17, 2026 | Listed | $969,000 |
The good, the trade-offs & the location
- Private pool
- Gulf access (Direct — no bridges)
- Storm protection: Impact Windows/Doors, Shutters
- 2-car garage
- Built 1985 — 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.