$595,000
4 Bed Pool Home for Sale in Cape Coral
1722 SW 38th Terrace, Cape Coral, FL, 33914
About this home
Welcome to your dream Florida retreat! This beautifully maintained 4-bedroom, 3 baths pool home in the heart of the SW Cape Coral offers the perfect blend of comfort, style, and income potential. Featuring an expensive open floor plan with vaulted ceilings and a spacious living area, this home is perfect for both relaxing and entertaining. Step outside to your private resort-style oasis, complete with a large screened pool, expansive lanai, and ample deck space--ideal for enjoying the Florida sunshine or hosting gatherings. The home's coastal decor and inviting ambiance make it a perfect vacation rental, with high demand from November to March offering a fantastic investment opportunity. Additional highlights include a FULLY PAID ASSESSMENTS, a beautifully maintained yard, Hurricane Electric Shutters, a large tile garage with ample storage, and a spacious primary suite with updated shower. Located in a desirable SW Cape Coral neighborhood, this home is close to shopping, dinning, and the best of what the area has to offer. Don't miss out this exceptional opportunity to own a piece of paradise that's move-in ready and income-producing. Schedule your private showing today!
Property details
- Type
- SingleFamilyResidence
- Year built
- 2008
- Interior
- 2,461 sqft
- Lot size
- 11,456.28 sqft
- Acreage
- 0.26 acres
- Garage
- 2 car
- Days on market
- 29
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $8,330/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
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 6 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 |
|---|---|---|---|---|---|
| 1315 SW 37th Street | Nov 2025 | $537,500 | 3/2 | 2,337 | $230 |
| 1314 Mohawk Parkway | Feb 2026 | $625,000 | 3/2 | 2,522 | $248 |
| 1200 SW 38th Street | Nov 2025 | $680,000 | 3/3 | 2,459 | $277 |
| 1735 SW 43rd Terrace | May 2026 | $595,000 | 4/3 | 2,277 | $261 |
| 3824 SW 11th Place | Oct 2025 | $659,900 | 3/3 | 2,409 | $274 |
| 928 SW 36th Terrace | Dec 2025 | $510,000 | 4/3 | 2,553 | $200 |
| Average | 6 comps | $601,233 | $248 |
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 $24,000 (3.9%) from the original list price.
| Aug 11, 2026 | Back on market | |
| Aug 7, 2026 | Price reducedfrom $619,000 | $595,000 |
| May 20, 2026 | Listed | $619,000 |
The good, the trade-offs & the location
- Built 2008 — post-2002 Florida wind codes (typically lower insurance)
- Private pool
- 2-car garage
- 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.