4 Bed Pool Home for Sale in Cape Coral
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For SaleMLS# 2026035778

$499,900

4 Bed Pool Home for Sale in Cape Coral

29 NE 5th Terrace, Cape Coral, FL, 33909

4 beds2 baths1,800 sqft2 garage
GatedBoatingWaterfront

About this home

CITY WATER & SEWER, WATERFRONT, A PRIVATE POOL LUXURY WATERFRONT LIVING AT AN INCREDIBLE VALUE! Welcome to this stunning BRAND-NEW CONSTRUCTION POOL HOME, perfectly positioned on a peaceful freshwater canal and designed for the ultimate Florida lifestyle. Offering 4 spacious bedrooms, 2 beautifully designed bathrooms, and over 1,750 square feet of living space, this home delivers the perfect combination of modern luxury, waterfront living, and exceptional value. Step inside and immediately experience the difference. Soaring ceilings, an open-concept design, abundant natural light, and upscale designer finishes create a bright, sophisticated atmosphere throughout. The show-stopping kitchen features premium cabinetry, quartz countertops, and an oversized center island, flowing seamlessly into the living and dining areas—perfect for entertaining. The private primary suite feels like your own retreat, featuring a spa-inspired bathroom, designer finishes, and a spacious walk-in closet. Three additional bedrooms provide plenty of room for family, guests, or a dedicated home office. Built for Florida living, the home also features impact-resistant windows and doors, providing added protection, energy efficiency, and peace of mind. But the real Florida lifestyle begins outside. Step into your own private resort-style backyard, where a beautiful pool overlooks the tranquil freshwater canal. Whether you’re enjoying your morning coffee by the water, relaxing by the pool, or entertaining friends and family, this outdoor space is designed to be enjoyed year-round. CITY WATER & SEWER. BRAND NEW. WATERFRONT. PRIVATE POOL. IMPACT WINDOWS & DOORS. MODERN LUXURY. ALL UNDER $500,000! And it gets even better—the seller is offering concessions, creating an incredible opportunity for buyers to secure a brand-new waterfront home with premium features and outstanding value. Florida waterfront living is calling—schedule your private showing today before this one is gone!

Property details

Type
SingleFamilyResidence
Year built
2026
Interior
1,800 sqft
Lot size
10,890 sqft
Acreage
0.25 acres
Garage
2 car
Days on market
0
Total association fees
None
CDD
None
Est. taxes (1.4%)
$6,999/yr
Flood zone (area est.)
No · Low risk (X)
Storm protection
Impact Windows/Doors
Exposure
West
Waterfront
Yes
Gulf access
No
Gulf access type
N/A
Pool
Yes
Spa
No
Natural gas
No
Water
Public
Sewer
Public Sewer
New construction
Yes
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
$278/sqft
Comp median
$275/sqft
Difference
+1%

Based on the $/sqft of 5 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
204 NW 6th StreetJun 2026$469,0003/31,850$254
1 NW 8th TerraceJun 2026$525,0003/31,909$275
214 NW 5th StreetNov 2025$525,0003/21,612$326
225 NE 8th TerraceFeb 2026$500,0004/21,800$278
208 NE 9th StreetApr 2026$425,0003/21,974$215
Average5 comps$488,800$270

Market trends, Cape Coral

Median list
$399,900
Median $/sqft
$233
Median sold (90d)
$385,000
Avg days on market
94
Active listings
2,485
Median sold price · Cape Coral
$385,000last 3 months8% vs $356,450 prior 3 months
Median closed price by month · Cape Coral
2.8% MoM7% YoY
$340k$366k$391kJul ’25Aug ’26
$380,000Aug ’26 · 299 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.

The good, the trade-offs & the location

Pros
  • Built 2026 — post-2002 Florida wind codes (typically lower insurance)
  • New construction
  • Lower flood risk (zone X)
  • Private pool
  • Waterfront
  • Storm protection: Impact Windows/Doors
  • 2-car garage
Location convenienceHigh
Hospital
2.6 mi
Cape Coral Hospital
Beach
14.6 mi
Fort Myers Beach
Airport
8.6 mi
Page Field (Fort Myers)
Shopping
2.2 mi
Coralwood / Merchants Crossing (Cape)

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.