Waterfront Home for Sale in Cape Coral
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For SaleMLS# 221086499

$1,189,000

Waterfront Home for Sale in Cape Coral

101 SW 58th Terrace, Cape Coral, FL, 33914

- beds baths sqft
BoatingWaterfront

About this home

AAA++ Location!! Beautiful Corner lot at intersecting canal with seawall in place!! Located in SW neighborhood near Tarpon Point and for boaters even better than River front as quiet waters and no wakes. Get on the river in about 1 minute. Quiet street ensures your privacy, enjoy quick boating access to the Gulf of Mexico! Assessments are in and fully paid. 180' of water front will guarantee you docking even a real big boat without blocking the water view from the house to be built. Don't even look on the house, it will get demolished on seller's costs once a clean contract is in place. Look no further! From this property, you are under 2 minutes on the river. Build your Florida dream home here and enjoy the extremely short way by boat to your fun time and all amenities on land within less than 5 minutes. Only 3.5 miles to SE 47th Terrace where you find multiple bars, restaurants and special events.

Property details

Type
Residential
Year built
Not specified
Interior
Not specified
Lot size
14,200.56 sqft
Acreage
0.33 acres
Garage
None
Days on market
1019
Total association fees
None
CDD
None
Est. taxes (1.4%)
$16,646/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
None listed
Exposure
Northeast
Waterfront
Yes
Gulf access
Yes
Gulf access type
Indirect — bridges/locks
Pool
No
Spa
No
Natural gas
No
Water
Assessment Paid
Sewer
Assessment Paid
New construction
No
Pets
Not specified
County
Lee

Maintenance included in the fee

StreetLightsTrash

What the association dues cover, per the MLS. Confirm the full schedule with the HOA.

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.

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Market trends, Cape Coral

Median list
$399,000
Median $/sqft
$233
Median sold (90d)
$385,000
Avg days on market
94
Active listings
2,460
Median sold price · Cape Coral
$385,000last 3 months7.2% vs $359,000 prior 3 months
Median closed price by month · Cape Coral
2.6% MoM7% YoY
$340k$365k$390kJul ’25Aug ’26
$380,000Aug ’26 · 444 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 $1,000 (0.1%) from the original list price.

Dec 3, 2025Back on market
Jun 7, 2024Price reducedfrom $1,190,000$1,189,000
Dec 14, 2021Listed$1,190,000

The good, the trade-offs & the location

Pros
  • Gulf access (Indirect — bridges/locks)
Consider
  • In a higher-risk flood zone (AE) — flood insurance likely required
  • No garage listed
Location convenienceHigh
Hospital
5.6 mi
HealthPark Medical Center
Beach
6.5 mi
Fort Myers Beach
Airport
7.6 mi
Page Field (Fort Myers)
Shopping
6.6 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.