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Sold for $3,450,000
  • $3,450,000

    116 SW 59th TER, CAPE CORAL, FL 33914

    4beds
    3,505sqft
    Single Family Residence
    Built in 2026
    10,018.8 Square Feet Lot
    $3,424,700 Zestimate®
    $984/sqft
    $6,625 Estimated rent

    Home value

    $3,424,700

    $3.05M - $3.87M

    $6,625/mo

    Zestimate® history
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    What's special

    Custom fireplaceExtra large statement islandOutdoor kitchenFour spacious bedroomsExpansive lanaiTop-of-the-line appliancesOpen concept great room
    Welcome to 116 59th Terrace, a striking custom built waterfront residence designed for the most discerning buyer. Offering approximately 3,505 square feet under air, this luxury home delivers an exceptional blend of architectural sophistication, craftsmanship, and timeless coastal design. From the moment you enter, you are greeted by an immediate WOW factor, highlighted by a dramatic glass wine display wall and expansive views through the great room toward the outdoor living space and tranquil water beyond. Every detail of the home reflects meticulous attention to design, flow, and finish. The open concept great room, anchored by a custom fireplace, flows seamlessly into the chef’s kitchen, featuring top-of-the-line appliances, an extra large statement island, elegant custom cabinetry, and a hidden walk-in butler’s pantry, perfect for both everyday living and entertaining. The home comes fully furnished with a complete designer selected interior, ensuring a seamless turnkey luxury living experience for immediate enjoyment. This home offers four spacious bedrooms, each with its own private ensuite bath and walk-in closet, along with a glass-enclosed den and separate office with French doors, providing flexible spaces for work, relaxation, or hosting guests. The primary suite is a true private retreat, complete with a cozy sitting area overlooking the pool, cabana, and water views. The spa inspired primary bath features refined finishes and a serene ambiance designed to impress and unwind. One of the home’s most exceptional highlights is its seamless indoor/outdoor living experience. The expansive lanai showcases a resort style heated saltwater pool and spa, outdoor kitchen, and cabana, creating the perfect backdrop for entertaining or quiet waterfront relaxation. The property is ideally positioned on a protected cove just off the river, offering beautiful water views while providing a natural buffer from open river conditions. This strategic placement delivers added peace of mind during storm season, while still allowing quick and convenient access to open water and the Gulf within minutes. Built with durability and longevity in mind, the residence includes hurricane impact insulated windows and doors, a brand new 10-foot seawall, and an oversized dock system accommodating up to four boats. Boaters will appreciate the direct sailboat access with no bridges, making trips to open water effortless. The location further elevates the lifestyle, with Tarpon Point Marina, Cape Coral Marina, and downtown Cape Coral all just minutes away,easily accessible by car or boat, offering dining, entertainment, and marina amenities at your doorstep. This is a rare opportunity to own a thoughtfully designed luxury waterfront home that delivers protection, convenience, and refined coastal living crafted without compromise.

    Zillow last checked:

    Listing updated:

    Listed by:

    Bernadette Ray 847-638-2138,

    Berkshire Hathaway FL Realty

    Bought with:

    Samantha Witt

    Cape Premier Realty LLC

    Source: SWFLMLS,MLS#: 226001991MLS LogoOriginating MLS: Naples

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 6
    • Full bathrooms: 4
    • 1/2 bathrooms: 2
    Primary bedroom
    • Dimensions: 21.5 x 12.5
    Bedroom
    • Dimensions: 14 x 13
    Bedroom
    • Dimensions: 12 x 16
    Bedroom
    • Dimensions: 11 x 13
    Den
    • Dimensions: 8.5 x 11.5
    Dining room
    • Dimensions: 12 x 17
    Garage
    • Dimensions: 20 x 20
    Garage
    • Dimensions: 16 x 19
    Kitchen
    • Dimensions: 27 x 11
    Other
    • Dimensions: 37 x 9
    Other
    • Dimensions: 13 x 12
    Living room
    • Dimensions: 18 x 17
    Utility room
    • Dimensions: 13 x 6.5
    Heating
    • Central, Heat Pump, Zoned
    Cooling
    • Ceiling Fan(s), Central Air, Exhaust Fan, Heat Pump, Zoned
    Appliances
    • Included: Cooktop, Electric Cooktop, Dishwasher, Disposal, Grill - Other, Microwave, Pot Filler, Range, Refrigerator, Refrigerator/Freezer, Refrigerator/Icemaker, Oven, Wine Cooler
    • Laundry: Washer/Dryer Hookup, Inside
    Features
    • Bar, Built-In Cabinets, Closet Cabinets, Fireplace, French Doors, Pantry, Smoke Detectors, Tray Ceiling(s), Walk-In Closet(s), Den - Study, Home Office, Laundry in Residence, Screened Lanai/Porch
    • Flooring: Tile, Wood
    • Doors: French Doors, Impact Resistant Doors
    • Windows: Impact Resistant Windows
    • Has fireplace: Yes
    • Furnished: Yes
    Interior area
    • Total structure area: 4,554
    • Total interior livable area: 3,505 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Driveway, Paved, Attached
    • Attached garage spaces: 3
    • Has uncovered spaces: Yes
    Features
    • Stories: 1
    • Patio & porch: Deck, Screened Lanai/Porch
    • Exterior features: Dock, Outdoor Grill, Outdoor Kitchen
    • Has private pool: Yes
    • Pool features: In Ground, Concrete, Custom Upgrades, Equipment Stays, Electric Heat, Infinity, Salt Water, Screen Enclosure
    • Has spa: Yes
    • Spa features: In Ground, Concrete, Equipment Stays, Heated, Screened
    • Has view: Yes
    • View description: Basin, Partial River
    • Has water view: Yes
    • Water view: Basin,Partial River
    • Waterfront features: Basin
    Lot
    • Size: 10,018 sqft
    • Features: Regular
    Details
    • Additional structures: Outdoor Kitchen
    • Parcel number: 234523C300202.0030
    • Zoning: R1-W

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch,Contemporary,Florida
    • Property subtype: Single Family Residence
    Materials
    • Block, Concrete, Frame, Stucco
    • Foundation: Concrete Block, Poured Concrete
    • Roof: Tile
    Condition
    • New construction: Yes
    • Year built: 2026

    Utilities & green energy

    • Water: Assessment Paid, Central

    Community & neighborhood

    Security
    • Security features: Smoke Detector(s)
    Community
    • Community features: Boating, Non-Gated
    Location
    • Region: Cape Coral
    • Subdivision: CAPE CORAL

    HOA & financial

    HOA
    • Has HOA: No
    • Amenities included: None

    Price history

    DateEventPrice
    3/18/2026Sold$3,450,000-1.4%$984/sqft
    Source: SWFLMLS #226001991 Report a problem
    1/27/2026Pending sale$3,500,000$999/sqft
    Source: SWFLMLS #226001991 Report a problem
    1/15/2026Listed for sale$3,500,000+170.3%$999/sqft
    Source: SWFLMLS #226001991 Report a problem
    2/13/2025Sold$1,295,000-3.9%$369/sqft
    Source: Florida Gulf Coast MLS #224095840 Report a problem
    1/18/2025Pending sale$1,347,000$384/sqft
    Source: SWFLMLS #224095840 Report a problem
    11/27/2024Listed for sale$1,347,000+56.2%$384/sqft
    Source: SWFLMLS #224095840 Report a problem
    5/3/2023Sold$862,500-6.8%$246/sqft
    Source: Public Record Report a problem
    3/25/2023Pending sale$925,000$264/sqft
    Source: Florida Gulf Coast MLS #223018008 Report a problem
    3/7/2023Listed for sale$925,000$264/sqft
    Source: Florida Gulf Coast MLS #223018008 Report a problem
    3/2/2023Listing removed--
    Source: Florida Gulf Coast MLS #222085681 Report a problem
    12/2/2022Listed for sale$925,000$264/sqft
    Source: Florida Gulf Coast MLS #222085681 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,166 +17%$502,425 +10%
    2024$7,835 +131.2%$456,750 +122.8%
    2023$3,388 +6.7%$205,026 +3%
    2022$3,175 -1.6%$199,054
    2021$3,228 -1.3%--
    2020$3,272 +3.1%$190,588 -50.9%
    2019$3,173 $388,395 +112.4%
    2018$3,173 +0.5%$182,829 +2.1%
    2017$3,158 +1.5%$179,069 -50.9%
    2016$3,112 +1.7%$364,578 +11.2%
    2015$3,060 -0.6%$327,900 -10.9%
    2014$3,079 0%$367,999 +10.4%
    2013$3,080 +6.6%$333,310 +4.5%
    2012$2,889 +1.8%$318,998 -3.8%
    2011$2,837 -0.2%$331,724 +39.2%
    2010$2,844 +5.4%$238,318 -29.8%
    2009$2,699 +19.1%$339,640 -11.7%
    2008$2,265 -8.1%$384,620 -29.2%
    2007$2,464 -0.6%$543,310 +15.8%
    2006$2,478 -5.6%$469,320 +40.6%
    2004$2,625 -2.2%$333,700 +7.8%
    2003$2,685 +0.2%$309,450 +51.9%
    2002$2,678 $203,720 +50.6%
    2000-- $135,280

    Find assessor info on the county website

    Neighborhood: 33914

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: 1201080
    • High: 1201080

    Source: SWFLMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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