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Contingent financing
    • $699,000

    148 SW 38th Ter, Cape Coral, FL 33914

    3beds
    2,217sqft
    : 
    $4,695/mo
    Get pre-qualified
    Single Family Residence
    Built in 2003
    0.31 Acres Lot
    $693,300 Zestimate®
    $315/sqft
    $-- HOA

    What's special

    Heated pool and spaGulf accessTwo boat liftsCatwalk on each sideTwo additional guest bedroomsTwo additional bathroomsInviting open-concept floor plan
    Discover a truly unique waterfront property in desirable Southwest Cape Coral, situated at the end of a quiet dead-end street with 225 feet of seawall and waterfront on both sides of the oversized lot. With intersecting canal views, southern exposure, and Gulf access, this exceptional property offers an incredible waterfront lifestyle and boating opportunity. The spacious residence features 3 bedrooms, 3 bathrooms, and over 2,200 square feet of living area, with an inviting open-concept floor plan designed for comfortable living and entertaining. The main living area showcases impressive vaulted 14 ft ceilings, tile flooring throughout, and a bright, open feel. The kitchen offers a breakfast bar, stainless steel appliances, and an easy connection to the living spaces. A versatile additional living area currently features a pool table but could easily be used as a formal dining room, game room, office, or flexible entertainment space. The spacious primary suite is a private retreat, offering direct access to the pool area, two walk-in closets, dual sinks, a separate water closet, a soaking tub, and a walk-in shower. Two additional guest bedrooms and two additional bathrooms provide plenty of space for family and guests. A dedicated laundry room includes Samsung front-load washer and dryer. Step outside and enjoy an impressive waterfront oasis featuring a heated pool and spa, an expansive pool deck, and a large covered lanai with plenty of room for outdoor dining and lounging. The oversized lot is the true centerpiece of the property, with waterfront along both sides, two boat lifts, and a catwalk on each side, providing exceptional access and flexibility for boating enthusiasts. The stunning intersecting canal views and southern exposure create a spectacular setting for enjoying Southwest Florida sunsets and outdoor living. Offered turnkey, this property presents an outstanding opportunity as a primary residence, second home, or investment property. A rare combination of an oversized dual-waterfront lot, Gulf access, extensive seawall, boating amenities, heated pool and spa, and a prime Southwest Cape Coral location makes this property one you won't want to miss.
    36 days
    196
    12

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Nadja Brunner 239-257-9917,

    Century 21 Sunbelt Realty

    Source: Florida Gulf Coast MLS,MLS#: 2026038013MLS LogoOriginating MLS: Florida Gulf Coast

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 3
      Rooms
      • Room types: Screened Porch, Great Room
      Heating
      • Central, Electric
      Cooling
      • Central Air, Ceiling Fan(s), Electric
      Appliances
      • Included: Dryer, Disposal, Ice Maker, Microwave, Range, Refrigerator, RefrigeratorWithIce Maker, Washer
      • Laundry: Washer Hookup, Dryer Hookup, Inside
      Features
      • Breakfast Bar, Bathtub, Cathedral Ceiling(s), Separate/Formal Dining Room, Dual Sinks, High Ceilings, Kitchen Island, Living/Dining Room, Custom Mirrors, Pantry, Separate Shower, Cable TV, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments, Split Bedrooms, Screened Porch, Great Room
      • Flooring: Tile
      • Windows: Double Hung, Sliding, Window Coverings
      • Furnished: Yes
      Interior area
      • Total structure area: 2,817
      • Total interior livable area: 2,217 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: Lanai, Patio, Porch, Screened
      • Exterior features: Sprinkler/Irrigation, Patio, Shutters Manual
      • Has private pool: Yes
      • Pool features: Concrete, In Ground, Screen Enclosure
      • Has spa: Yes
      • Spa features: Electric Heat, Gunite, In Ground, Screened
      • Has view: Yes
      • View description: Canal
      • Has water view: Yes
      • Water view: Canal
      • Waterfront features: Canal Access, Intersecting Canal, Seawall
      Lot
      • Size: 0.31 Acres
      • Dimensions: 125 x 125 x 107 x 133
      • Features: Corner Lot, Dead End, Irregular Lot, Oversized Lot, Sprinklers Automatic
      Details
      • Parcel number: 024523C301815.0240
      • 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: Tile
      Condition
      • Resale
      • Year built: 2003

      Utilities & green energy

      • Sewer: Assessment Paid, Public Sewer
      • Water: Assessment Paid, Public
      • Utilities for property: Cable Not Available

      Community & HOA

      Community
      • Features: Non-Gated
      • Condo and coop fee: $0
      • Membership fee: $0
      • Subdivision: CAPE CORAL
      HOA
      • Has HOA: No
      • Amenities included: None
      • Services included: Road Maintenance, Trash
      Location
      • Region: Cape Coral

      Financial & listing details

      • Price per square foot: $315/sqft
      • Tax assessed value: $603,131
      • Annual tax amount: $10,492
      • Date on market: 9/16/2026
      • Cumulative days on market: 36 days
      • Listing terms: All Financing Considered,Cash
      • Ownership: Single Family
      • Contingency: Financing

        Estimated market value

        $693,300

        $659,000 - $728,000

        $3,280/mo

        Price history

        DateEventPrice
        9/20/2026Pending sale$699,000$315/sqft
        Source: Florida Gulf Coast MLS #2026038013 Report a problem
        9/16/2026Listed for sale$699,000+39.8%$315/sqft
        Source: Florida Gulf Coast MLS #2026038013 Report a problem
        4/20/2018Listing removed$499,900$225/sqft
        Source: Rossman Realty Group Inc #217042843 Report a problem
        12/15/2017Price change$499,900-5.7%$225/sqft
        Source: Rossman Realty Group Inc #217042843 Report a problem
        12/7/2017Listed for sale$530,000-18.5%$239/sqft
        Source: Rossman Realty Group Inc #217042843 Report a problem
        9/10/2017Listing removed$650,000$293/sqft
        Source: Rossman Realty Group Inc #217042843 Report a problem
        8/21/2017Price change$650,000-4.4%$293/sqft
        Source: Rossman Realty Group Inc #217042843 Report a problem
        6/29/2017Listed for sale$680,000+580%$307/sqft
        Source: Rossman Realty Group Inc #217042843 Report a problem
        5/10/2002Sold$100,000+75.4%$45/sqft
        Source: Public Record Report a problem
        12/6/2001Sold$57,000+23.9%$26/sqft
        Source: Public Record Report a problem
        4/24/2000Sold$46,000$21/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$10,492 -7.6%$603,131 -9.5%
        2024$11,357 -16.7%$666,254 -17.2%
        2023$13,641 +30.1%$804,183 +44.9%
        2022$10,485 +16.9%$554,876
        2021$8,970 +6.8%--
        2020$8,396 +5.4%$427,985 +5.4%
        2019$7,965 $406,178 -1%
        2018$7,965 +3.4%$410,216 +9.5%
        2017$7,700 $374,663 +3.4%
        2016$7,700 +2.4%$362,222 +8.6%
        2015$7,517 +5.6%$333,502 -11.8%
        2014$7,118 -11.2%$378,090 +12%
        2013$8,014 +22.9%$337,501 +12.6%
        2012$6,523 +5.9%$299,796 +8%
        2011$6,160 +1.6%$277,596 +3.8%
        2010$6,065 -10.6%$267,531 -13.1%
        2009$6,784 +7.1%$307,940 -12.6%
        2008$6,335 -24.2%$352,240 -24.2%
        2007$8,355 +40.2%$464,900 -11.1%
        2006$5,961 -15.7%$523,200 +49.6%
        2004$7,067 +262.9%$349,750 +308.4%
        2003$1,947 +69.8%$85,640 +76.8%
        2002$1,147 $48,450 +128.1%
        2000-- $21,240
        Find assessor info on the county website

        Monthly payment

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 33914

        Getting around

        11 / 100
        Car-Dependent

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