Welcome to 1642 SE 39th Terrace—an exceptional waterfront residence located in one of Cape Coral’s most desirable neighborhoods. This beautifully updated 2-bedroom, 2-bath home offers direct Gulf access with no bridges, making it ideal for boating enthusiasts and those seeking true Florida coastal living.
A private pool and expansive lanai overlook the tranquil canal, creating the perfect backdrop for relaxing sunsets or entertaining guests. Inside, the home features a light-filled floor plan, fresh interior paint, and a newly updated kitchen with brand new butcher block counters. Large windows frame the outdoor oasis, seamlessly blending indoor and outdoor living.
Whether you’re seeking a full-time residence or a vacation retreat, this home offers convenience, comfort, and the coveted Florida lifestyle. Quiet surroundings, modern upgrades, and unparalleled access to the water make this property a standout opportunity.
Your Cape Coral waterfront lifestyle begins here.
Closed
$470,000
1642 SE 39th Ter, Cape Coral, FL 33904
2beds
1,726sqft
Single Family Residence
Built in 1971
10,018 Square Feet Lot
$468,400 Zestimate®
$272/sqft
$3,137 Estimated rent
Home value
$468,400
$417,000 - $525,000
$3,137/mo
Zestimate® history
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$3,112/mo
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List your homeWhat's special
Modern upgradesPrivate poolFresh interior paintWaterfront residenceLight-filled floor plan
Zillow last checked:
Listing updated:
Listed by:
Lisa Cohen-Adkinson 239-443-2525,
Valor Real Estate Svs
Bought with:
Mandy Elliott, 478503743
Keller Williams Realty Fort Myers and the Islands
Source: Florida Gulf Coast MLS,MLS#: 2026003809
Originating MLS: Florida Gulf Coast
Originating MLS: Florida Gulf CoastFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Family Room, Florida Room, Screened Porch
Heating
- Central, Electric
Cooling
- Central Air, Ceiling Fan(s), Electric
Appliances
- Included: Dishwasher, Disposal, Ice Maker, Microwave, Range, Refrigerator, RefrigeratorWithIce Maker
- Laundry: Washer Hookup, Dryer Hookup, In Garage
Features
- Family/Dining Room, Living/Dining Room, Custom Mirrors, Pantry, Shower Only, Separate Shower, Walk-In Closet(s), Window Treatments, Split Bedrooms, Family Room, Florida Room, Screened Porch
- Flooring: Laminate, Tile
- Windows: Impact Glass, Window Coverings
Interior area
- Total structure area: 3,448
- Total interior livable area: 1,726 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached, Garage, Garage Door Opener
- Attached garage spaces: 2
Features
- Stories: 1
- Patio & porch: Lanai, Porch, Screened
- Exterior features: Fence, Sprinkler/Irrigation
- Has private pool: Yes
- Pool features: Concrete, Electric Heat, Heated, In Ground, Pool Equipment, Screen Enclosure, Salt Water
- 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
Lot
- Size: 10,018 Square Feet
- Dimensions: 125 x 80 x 80 x 125
- Features: Rectangular Lot, Sprinklers Automatic
Details
- Parcel number: 054524C400545.0140
- Lease amount: $0
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: 1971
Utilities & green energy
- Sewer: Assessment Paid
- Water: Assessment Paid
- Utilities for property: Cable Available
Community & HOA
Community
- Features: None, Street Lights
- 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: $272/sqft
- Tax assessed value: $478,558
- Annual tax amount: $9,364
- Date on market: 1/22/2026
- Cumulative days on market: 102 days
- Listing terms: All Financing Considered,Cash,FHA,VA Loan
- Ownership: Single Family
- Contingency: Financing
Price history
| Date | Event | Price |
|---|---|---|
| 5/4/2026 | Sold | $470,000-10.5%$272/sqft |
Source:  Florida Gulf Coast MLS #2026003809 Report a problem | ||
| 3/14/2026 | Pending sale | $525,000$304/sqft |
Source: Florida Gulf Coast MLS #2026003809 Report a problem | ||
| 1/22/2026 | Listed for sale | $525,000$304/sqft |
Source: Florida Gulf Coast MLS #2026003809 Report a problem | ||
| 2/7/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 1/8/2024 | Price change | $3,100-1.6%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/30/2023 | Price change | $3,150-1.6%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/9/2023 | Listed for rent | $3,200$2/sqft |
Source: Zillow Rentals Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,419 -10.1% | $478,558 -12.3% |
| 2024 | $9,365 +176.3% | $545,438 +167.3% |
| 2023 | $3,390 +7.4% | $204,038 +3% |
| 2022 | $3,157 -1.6% | $198,095 |
| 2021 | $3,209 -1.4% | -- |
| 2020 | $3,255 +3.2% | $189,670 -25.7% |
| 2019 | $3,154 | $255,163 +4.3% |
| 2018 | $3,154 -37.6% | $244,665 +77.6% |
| 2017 | $5,057 +119.2% | $137,778 -21.5% |
| 2016 | $2,307 +2.3% | $175,431 +2.7% |
| 2015 | $2,255 -0.1% | $170,805 -2.6% |
| 2014 | $2,257 +0.8% | $175,402 +16.1% |
| 2013 | $2,239 +7.5% | $151,103 +5.7% |
| 2012 | $2,082 +2% | $142,998 +4.7% |
| 2011 | $2,041 -0.1% | $136,592 -6.5% |
| 2010 | $2,044 +5.3% | $146,133 -4.6% |
| 2009 | $1,940 +17.6% | $153,150 -38.4% |
| 2008 | $1,649 -11.3% | $248,600 -46.1% |
| 2007 | $1,859 -0.4% | $461,560 -1.2% |
| 2006 | $1,867 -4.3% | $467,090 +56.8% |
| 2004 | $1,951 -1.9% | $297,930 +37.9% |
| 2003 | $1,988 +0.5% | $216,040 +20.3% |
| 2002 | $1,978 | $179,600 +49.9% |
| 2000 | -- | $119,830 |
Find assessor info on the county website
Neighborhood: 33904
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Nearby schools
GreatSchools rating
- 7/10Cape Elementary SchoolGrades: PK-5Distance: 0.9 mi
- 7/10Gulf Middle SchoolGrades: 6-8Distance: 4.5 mi
- 5/10Cape Coral High SchoolGrades: 9-12Distance: 3.2 mi
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- Florida
- Lee County
- Cape Coral
- 33904
- 1642 SE 39th Ter
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