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.
Active
$539,000
1204 SE 5th Ter, Cape Coral, FL 33990
4beds
2,402sqft
Single Family Residence
Built in 2003
10,018 Square Feet Lot
$-- Zestimate®
$224/sqft
$-- HOA
What's special
Private dockWaterfront pool homeFully updatedHuge screen lanaiSpacious layoutNew flooringMature tropical landscaping
- 129 days
- 512
- 44
Zillow last checked:
Listing updated:
Listed by:
Valerie Peterson 239-470-5901,
Allison James Estates & Homes
Source: Florida Gulf Coast MLS,MLS#: 2026019507
Originating MLS: Florida Gulf Coast
Originating MLS: Florida Gulf CoastFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Bathroom, Family Room
Heating
- Central, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Dryer, Freezer, Microwave, Refrigerator
- Laundry: Inside, Laundry Tub
Features
- Bathtub, Separate/Formal Dining Room, Eat-in Kitchen, Family/Dining Room, Living/Dining Room, Separate Shower, Split Bedrooms, Bathroom, Family Room
- Flooring: Laminate, Tile
- Windows: Casement Window(s), Impact Glass
Interior area
- Total structure area: 2,881
- Total interior livable area: 2,402 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Attached, Garage, Garage Door Opener
- Attached garage spaces: 2
Features
- Stories: 1
- Patio & porch: Patio
- Exterior features: Fence, Fruit Trees, Security/High Impact Doors, Patio
- Has private pool: Yes
- Pool features: Concrete, In Ground
- Has view: Yes
- View description: Canal
- Has water view: Yes
- Water view: Canal
- Waterfront features: Canal Access
Lot
- Size: 10,018 Square Feet
- Dimensions: 125 x 80 x 80 x 125
- Features: Rectangular Lot
Details
- Parcel number: 184424C401439.0880
- Lease amount: $0
- Zoning description: R1
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch,One Story
- Property subtype: Single Family Residence
Materials
- Block, Concrete, Stucco
- Roof: Shingle
Condition
- Resale
- Year built: 2003
Utilities & green energy
- Sewer: Public Sewer
- Water: Assessment Paid
- Utilities for property: Cable Available
Community & HOA
Community
- Features: Boat Facilities
- Security: Security System, Smoke Detector(s)
- Condo and coop fee: $0
- Membership fee: $0
- Subdivision: CAPE CORAL
HOA
- Has HOA: No
- Amenities included: None
- Services included: None
Location
- Region: Cape Coral
Financial & listing details
- Price per square foot: $224/sqft
- Tax assessed value: $526,476
- Annual tax amount: $8,612
- Date on market: 5/3/2026
- Cumulative days on market: 131 days
- Listing terms: Lease Option
- Ownership: Single Family
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/19/2026 | Listed for sale | $539,000$224/sqft |
Source:  Florida Gulf Coast MLS #2026019507 Report a problem | ||
| 5/8/2026 | Pending sale | $539,000$224/sqft |
Source: Florida Gulf Coast MLS #2026019507 Report a problem | ||
| 5/5/2026 | Listed for sale | $539,000+42.6%$224/sqft |
Source: Florida Gulf Coast MLS #2026019507 Report a problem | ||
| 8/20/2023 | Sold | $378,000$157/sqft |
Source: Florida Gulf Coast MLS #223028537 Report a problem | ||
| 6/15/2023 | Sold | $378,000-13.9%$157/sqft |
Source: Public Record Report a problem | ||
| 6/13/2023 | Pending sale | $439,000$183/sqft |
Source:  Florida Gulf Coast MLS #223028537 Report a problem | ||
| 5/12/2023 | Price change | $439,000-6.6%$183/sqft |
Source: Florida Gulf Coast MLS #223028537 Report a problem | ||
| 5/8/2023 | Price change | $469,900-2.1%$196/sqft |
Source: Florida Gulf Coast MLS #223028537 Report a problem | ||
| 4/24/2023 | Price change | $479,900-4%$200/sqft |
Source: Florida Gulf Coast MLS #223028537 Report a problem | ||
| 4/20/2023 | Price change | $499,900-2%$208/sqft |
Source: Florida Gulf Coast MLS #223028537 Report a problem | ||
| 4/13/2023 | Listed for sale | $510,000+89%$212/sqft |
Source: Florida Gulf Coast MLS #223028537 Report a problem | ||
| 10/28/2003 | Sold | $269,900+979.6%$112/sqft |
Source: Public Record Report a problem | ||
| 5/22/2002 | Sold | $25,000$10/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,613 -5.4% | $526,476 +0.5% |
| 2024 | $9,104 +147.9% | $523,813 +135.6% |
| 2023 | $3,672 +5.4% | $222,331 +3% |
| 2022 | $3,483 -2% | $215,855 |
| 2021 | $3,553 -1.3% | -- |
| 2020 | $3,599 +3.1% | $206,675 -26.2% |
| 2019 | $3,491 | $280,193 +41.3% |
| 2018 | $3,491 +0.2% | $198,261 +2.1% |
| 2017 | $3,483 +0.5% | $194,183 -25.9% |
| 2016 | $3,464 +2.2% | $262,070 +7.9% |
| 2015 | $3,388 -0.8% | $242,801 +7.8% |
| 2014 | $3,414 +0.4% | $225,205 +5.1% |
| 2013 | $3,400 +7.1% | $214,301 +7.5% |
| 2012 | $3,174 +1.8% | $199,307 +9.4% |
| 2011 | $3,118 -0.3% | $182,218 +5% |
| 2010 | $3,126 -9.4% | $173,622 -9.6% |
| 2009 | $3,450 -14% | $192,000 -33.8% |
| 2008 | $4,013 -4% | $290,100 -16.8% |
| 2007 | $4,179 -0.7% | $348,610 +1.6% |
| 2006 | $4,210 -7.2% | $343,260 +48.9% |
| 2004 | $4,535 +773.9% | $230,470 +965% |
| 2003 | $519 +67.9% | $21,640 +78.1% |
| 2002 | $309 | $12,150 -8.9% |
| 2000 | -- | $13,330 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 33990
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