1204 SE 5th Ter, Cape Coral, FL, 33990
About This Home
Waterfront - Pool Home with huge screen lanai - Fully updated - Great Family home, annual rental or short term rental...so many possibilities Move-IN ready. Investor-ready 4-bedroom, 2-bath waterfront pool home located in the heart of Cape Coral, offering strong rental appeal and flexible purchase options. Creative stated income options - 3 year old roof. This property features numerous updates including new flooring and upgraded cabinetry, along with a spacious layout ideal for long-term tenants, seasonal rentals, or a lease option strategy. The primary suite includes a soaking tub and oversized walk-in shower with frameless glass, adding to tenant desirability and resale value. New roof 2022 Situated on a freshwater canal with access to Shamrock Lakes, the home offers a highly marketable Florida lifestyle—private dock, pool, and mature tropical landscaping—all features that drive premium rental rates and tenant retention. Prime location near shopping, dining, golf, and entertainment, and just 35 minutes to Fort Myers Beach, making it attractive for both full-time residents and seasonal occupants. This property was under contract however the buyers had a unexpected health issue and were forced to cancel. Excellent opportunity for they waterfront Pool 4 bedroom home.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Resale
- Year built: 2003
Materials
- Roof: Shingle
- Construction materials: Block,Concrete,Stucco
Type & Style
- Home type: SingleFamily
- Architectural style: Ranch,One Story
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dryer,Freezer,Microwave,Refrigerator
- Laundry features: Inside,Laundry Tub
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Features
- Bathtub,Separate/Formal Dining Room,Eat-in Kitchen,Family/Dining Room,Living/Dining Room,Separate Shower,Split Bedrooms,Bathroom,Family Room
- Window features: Casement Window(s),Impact Glass
- Flooring: Laminate,Tile
Heating & Cooling
- Heating features: Central,Electric
- Cooling features: Central Air,Electric
Interior Area
- Total structure area: 2,881
- Total interior livable area: 2,402 sqft
Property
Details
- Parcel number: 184424C401439.0880
- Lease amount: 0
- Zoning description: R1
Features
- Stories: 1
- Private pool: Yes
- Pool features: Concrete,In Ground
- Patio & porch: Patio
- Exterior features: Fence,Fruit Trees,Security/High Impact Doors,Patio
- Has view: Yes
- View description: Canal
- Has water view: Yes
- Water view: Canal
- On waterfront: Yes
- Waterfront features: Canal Access
Lot
- Lot size: 10,018 sqft
- Features: Rectangular Lot
- Lot size dimensions: 125 x 80 x 80 x 125
Parking
- Total spaces: 2
- Parking features: Attached,Garage,Garage Door Opener
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hurricane
- Lightning
- Inland Flooding
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Lee County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,725 | $32,700 |
| Home Insurance * | $407 | $4,884 |
| Property Taxes | $720 | $8,640 |
| Electricity | $241 | $2,900 |
| Total | $4,093 | $49,116 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-19 | Listed for sale | $539,000 |
| 2026-05-08 | Pending sale | $539,000 |
| 2026-05-05 | Listed for sale | $539,000 |
| 2023-08-20 | Sold | $378,000 |
| 2023-06-15 | Sold | $378,000 |
| 2023-06-13 | Pending sale | $439,000 |
| 2023-05-12 | Price change | $439,000 |
| 2023-05-08 | Price change | $469,900 |
| 2023-04-24 | Price change | $479,900 |
| 2023-04-20 | Price change | $499,900 |
| 2023-04-13 | Listed for sale | $510,000 |
| 2003-10-28 | Sold | $269,900 |
| 2002-05-22 | Sold | $25,000 |
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