$475,000
4 Bed 3 Bath Pool SingleFamilyResidence for Sale in CAPE CORAL, FL
2505 SW 38th Terrace, Cape Coral, FL, 33914
About this home
HUGE PRICE REDUCTION !!! – WELCOME to your PRIVATE PARADISE! – Very rare Opportunity - Beautiful Mediterranean Style COURTYARD HOME in desirable SOUTHWEST Cape with 4-BEDROOM, 3-BATH. – Step into your Great Entertainment Area – your private Courtyard with electric heated Pool, with waterfall and screened Lanai. The Pool Area is located between CABANA and the Main Home. You could access the courtyard from Kitchen, Master bedroom, Cabana and Garage. – Residence offers 2200sqft of living space. MAIN House with Family Room, Dining Room, Master Suite and two 2 extra bedrooms with shared bathroom. Kitchen with stainless-steel appliances. Master Suite with walk in Closet, huge Bath with Dual Sinks and walk around shower. – The separate CABANA has 2 closets, a full bath, and its own AC-system, making it ideal for various uses such as in-law suite, home office, media room or extra space for kids to play. – Tile Roof. New Hurricane rated Exterior IMPACT Windows. Oversized 2-car garage. – Home is surrounded by quality homes. House is close to popular Shops and Restaurants. Bike Distance to Cape Harbour. Walking Distance to OASIS Charter Schools. – This house is currently successfully used as a seasonal rental and kept in pristine condition. So, this property is a great Investment Opportunity or could be your wonderful new home. – This House offers a lot of privacy. It’s Florida Living at its BEST, so DON’T miss this CHANCE!
Property details
- Type
- SingleFamilyResidence
- Year built
- 2004
- Interior
- 2,243 sqft
- Lot size
- 10,018.8 sqft
- Acreage
- 0.23 acres
- Garage
- 2 car
- Days on market
- 262
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $6,650/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- Impact Windows/Doors
- Exposure
- North
- 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
Maintenance included in the fee
What the association dues cover, per the MLS. Confirm the full schedule with the HOA.
Amenities
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.
Seeing several homes? Build a tour and we'll route it for you.
Your notes on this home
Keep private notes on this home — what you love, what to ask about — saved to your account and shared with your agent.
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 |
|---|---|---|---|---|---|
| 2614 SW 37th Street | May 2026 | $515,000 | 4/2 | 2,268 | $227 |
| 4009 SW 27th Avenue | Apr 2026 | $485,000 | 3/2 | 2,269 | $214 |
| 2606 Beach Parkway | Jan 2026 | $425,000 | 4/2 | 2,084 | $204 |
| 3321 SW 26th Place | Jan 2026 | $405,000 | 4/2 | 2,335 | $173 |
| 3327 Surfside Boulevard | Sep 2025 | $507,500 | 3/2 | 2,251 | $225 |
| 2116 SW 44th Street | Jun 2026 | $425,000 | 3/2 | 2,394 | $178 |
| Average | 6 comps | $460,417 | $204 |
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 $110,000 (19.6%) from the original list price.
| Nov 4, 2025 | Sold | $450,000 |
| Apr 26, 2025 | Price reducedfrom $515,000 | $475,000 |
| Mar 6, 2025 | Back on market | |
| Nov 24, 2024 | Listed | $560,000 |
The good, the trade-offs & the location
- Built 2004 — post-2002 Florida wind codes (typically lower insurance)
- Private pool
- Storm protection: Impact Windows/Doors
- 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.
Similar homes nearby
$425,000
MLS# 20260303023418 Oasis Boulevard, Cape Coral, FL, 33914
$465,000
MLS# 20260127781112 SW 9th Court, Cape Coral, FL, 33991
$399,999
MLS# 20250195001725 SW 49th Lane, Cape Coral, FL, 33914
$499,900
MLS# 20260110272216 SW 43rd Lane, Cape Coral, FL, 33914
$386,500
MLS# 20260290201804 SW 1st Avenue, Cape Coral, FL, 33991
$429,999
MLS# 2026025230511 SW 26th Avenue, Cape Coral, FL, 33991
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.