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  • $550,000

    171 SW 51st Ter, Cape Coral, FL 33914

    2beds
    1,273sqft
    : 
    $3,547/mo
    Get pre-qualified
    Single Family Residence
    Built in 1964
    0.26 Acres Lot
    $517,600 Zestimate®
    $432/sqft
    $-- HOA

    What's special

    Beautifully lit tropical landscaping
    Welcome to your slice of paradise in Southwest Florida. Nestled on one of the most beautiful royal palm tree-lined streets in Cape Coral, just off Pelican Blvd on the way to Tarpon Point, this beautifully maintained 2-bedroom, 2-bath Gulf access waterfront home offers the ultimate Florida lifestyle. With no bridges or locks, you can be in open water in just 7 minutes — a true boater’s dream. This hurricane-surviving home has been lovingly cared for and thoughtfully upgraded throughout, making it move-in ready, investment-friendly, and packed with value. Enjoy peace of mind with major updates including: AC (2020), heated saltwater pool (2017), pool heater (2021), pool pump (2023), pool filter (2024), hurricane impact windows (2017), hurricane impact garage door (2018), refrigerator/dishwasher/washer (2024), hot water heater (2021), lanai pavers (2017), fencing (2019), and a 14,000 lb boat lift with a brand new black canopy never installed. Your days begin with a morning swim in the heated saltwater pool, followed by kayaking through scenic canals or fishing from your private dock. The expansive patio enjoys full sun all day, while the covered lanai creates the perfect setting for grilling, entertaining, and relaxing with friends and family. Spend your evenings cruising to waterfront restaurants by boat, watching unforgettable Southwest Florida sunsets, then return home to beautifully lit tropical landscaping, an evening swim, or football by the outdoor TV beside the fire pit. One of the standout features of this property is the exceptional outdoor space. The oversized side yard offers endless possibilities for horseshoe pits, outdoor games, additional entertaining areas, or even the opportunity to build an additional structure with approval. Very few homes in SWFL offer this amount of usable outdoor living space. For investors, this property has also been a successful short-term rental and is being offered furnished/turnkey. The location is unbeatable for boating enthusiasts and Florida adventurers alike. Spend your days exploring waterfront restaurants, Captiva Island, Sanibel Island, Naples, Lover’s Key, or anchoring near Fort Myers Beach for a fun day on the water. Nearby destinations include: Tarpon Point Marina – 5 minutes (can also access by boat) Cape Harbour Marina – 8 minutes (can also access by boat) Cape Coral Beach – 8 minutes Downtown Cape Coral (47th Terrace dining & entertainment district) – 8 minutes Fort Myers International Airport – 40 minutes Punta Gorda Airport – 40 minutes Fort Myers Beach - 30 minutes (can also access by boat) Whether you’re searching for a full-time residence, vacation home, income-producing property, or future dream-home site, this property offers incredible flexibility and opportunity. This is not a tear down but can be if you would like to build your dream home.
    62 days
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    559
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    49
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    Zillow last checked:

    Listing updated:

    Listed by:

    Nicole DiZio 215-370-1003,

    Marzucco Real Estate

    Source: Florida Gulf Coast MLS,MLS#: 2026023218MLS LogoOriginating MLS: Florida Gulf Coast

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Rooms
      • Room types: Screened Porch
      Heating
      • Central, Electric
      Cooling
      • Central Air, Ceiling Fan(s), Electric
      Appliances
      • Included: Dryer, Dishwasher, Freezer, Disposal, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer
      • Laundry: In Garage
      Features
      • Breakfast Bar, Bedroom on Main Level, Breakfast Area, Dual Sinks, Eat-in Kitchen, Fireplace, Main Level Primary, Shower Only, Separate Shower, Cable TV, Walk-In Closet(s), Window Treatments, Screened Porch
      • Flooring: Tile
      • Windows: Impact Glass, Window Coverings
      • Has fireplace: Yes
      • Furnished: Yes
      Interior area
      • Total structure area: 1,604
      • Total interior livable area: 1,273 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 1
      • Parking features: Attached, Garage, Two Spaces, Garage Door Opener
      • Attached garage spaces: 1
      Features
      • Stories: 1
      • Patio & porch: Deck, Lanai, Patio, Porch, Screened
      • Exterior features: Deck, Fence, Fire Pit, Security/High Impact Doors, Sprinkler/Irrigation, Outdoor Grill, Outdoor Shower, Patio, Gas Grill
      • Has private pool: Yes
      • Pool features: Concrete, Electric Heat, Heated, In Ground, Pool Equipment, Screen Enclosure, See Remarks, Salt Water
      • Has view: Yes
      • View description: Canal
      • Has water view: Yes
      • Water view: Canal
      • Waterfront features: Canal Access
      Lot
      • Size: 0.26 Acres
      • Dimensions: 80 x 145 x 80 x 145
      • Features: Corner Lot, Oversized Lot, Sprinklers Automatic
      Details
      • Parcel number: 144523C200179.0010
      • Lease amount: $0
      • Zoning description: R1-W

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Other,Ranch,One Story
      • Property subtype: Single Family Residence
      Materials
      • Block, Other, Concrete
      • Roof: Tile
      Condition
      • Resale
      • Year built: 1964

      Utilities & green energy

      • Sewer: Assessment Paid
      • Water: Assessment Paid
      • Utilities for property: Cable Available

      Community & HOA

      Community
      • Features: None
      • Security: 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: $432/sqft
      • Tax assessed value: $536,898
      • Annual tax amount: $7,702
      • Date on market: 5/24/2026
      • Cumulative days on market: 431 days
      • Listing terms: Lease Purchase
      • Ownership: Single Family

        Estimated market value

        $517,600

        $492,000 - $543,000

        $1,967/mo

        Price history

        DateEventPrice
        5/24/2026Listed for sale$550,000-2.7%$432/sqft
        Source: Florida Gulf Coast MLS #2026023218 Report a problem
        12/9/2025Listing removed$565,000$444/sqft
        Source: Florida Gulf Coast MLS #225041989 Report a problem
        12/8/2025Listed for rent$3,000$2/sqft
        Source: Florida Gulf Coast MLS #2025023418 Report a problem
        11/8/2025Price change$565,000-5.7%$444/sqft
        Source: Florida Gulf Coast MLS #225041989 Report a problem
        10/11/2025Price change$599,000-7.1%$471/sqft
        Source: Florida Gulf Coast MLS #225041989 Report a problem
        5/20/2025Price change$645,000-11%$507/sqft
        Source: SWFLMLS #225041989 Report a problem
        4/27/2025Listed for sale$725,000-3.3%$570/sqft
        Source: SWFLMLS #225041989 Report a problem
        12/1/2024Listing removed$750,000$589/sqft
        Source: SWFLMLS #224093815 Report a problem
        11/19/2024Listed for sale$750,000+78.6%$589/sqft
        Source: SWFLMLS #224093815 Report a problem
        5/5/2017Sold$420,000-1.2%$330/sqft
        Source: Florida Gulf Coast MLS #217022219 Report a problem
        3/31/2017Pending sale$424,900$334/sqft
        Source: Miloff Aubuchon Realty Group #217022219 Report a problem
        3/25/2017Listed for sale$424,900+46.6%$334/sqft
        Source: Miloff Aubuchon Realty Group #217022219 Report a problem
        10/20/2015Sold$289,900$228/sqft
        Source: Public Record Report a problem
        9/11/2015Listed for sale$289,900+93.3%$228/sqft
        Source: Century 21 Selling Paradise #215050901 Report a problem
        12/22/2009Sold$150,000-19.8%$118/sqft
        Source: Public Record Report a problem
        11/7/2009Price change$187,000-13%$147/sqft
        Source: Florida Future Realty Inc #200930439 Report a problem
        8/14/2009Price change$215,000-6.5%$169/sqft
        Source: Florida Future Realty, Inc. Report a problem
        6/26/2009Listed for sale$230,000+100.7%$181/sqft
        Source: Florida Future Realty, Inc. Report a problem
        4/9/2001Sold$114,600$90/sqft
        Source: Public Record Report a problem
        3/22/2000Sold$114,600$90/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$8,024 +0.1%$409,669 +10%
        2024$8,017 +3.9%$372,426 +10%
        2023$7,716 +18.3%$338,569 +10%
        2022$6,523 +16.3%$307,790
        2021$5,608 +8.8%--
        2020$5,156 -0.3%$254,372 -0.9%
        2019$5,171 $256,788 +5%
        2018$5,171 +2.4%$244,664 +7.1%
        2017$5,049 +4.9%$228,533 +2.6%
        2016$4,814 +2%$222,681 +18.7%
        2015$4,720 +28.4%$187,677 -3.7%
        2014$3,676 +1.7%$194,791 +9.1%
        2013$3,613 +37.1%$178,585 +55.8%
        2012$2,636 -7.3%$114,600 -6.3%
        2011$2,844 -16.3%$122,342 -15.7%
        2010$3,398 +82.8%$145,189 -16.7%
        2009$1,858 +17.3%$174,350 -26.2%
        2008$1,584 -11.8%$236,300 -40.2%
        2007$1,795 -0.4%$394,940 -18.1%
        2006$1,803 -3.9%$481,940 +95.2%
        2004$1,877 -1.8%$246,930 +15.3%
        2003$1,910 +0.6%$214,240 +37.4%
        2002$1,900 $155,900 +68.5%
        2000-- $92,500
        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

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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.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 33914

        Getting around

        0 / 100
        Car-Dependent
        26 / 100
        Somewhat Bikeable

        Nearby schools

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