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    • Price cut: $4.9K (7/27)
    $575,000

    223 NW 5th Ter, Cape Coral, FL 33993

    4beds
    1,996sqft
    : 
    $3,709/mo
    Get pre-qualified
    Single Family Residence
    Built in 2007
    0.46 Acres Lot
    $555,800 Zestimate®
    $288/sqft
    $-- HOA

    What's special

    Beautifully remodeled bathroomsFresh interior paintCoffee and wine barDedicated dog runCustom storageSunbrella electric shadeGorgeous porcelain tile throughout
    Welcome to one of the best values in Cape Coral! Situated on an incredible ½-acre fenced waterfront lot with 165 feet of freshwater canal frontage, this extensively renovated 4-bedroom, 2-bath pool home offers features that are nearly impossible to find at this price. Best of all, ALL CITY ASSESSMENTS ARE PAID and the home is located in a NON-FLOOD ZONE, saving you thousands. Every inch of this home has been thoughtfully updated, featuring gorgeous porcelain tile throughout, fresh interior paint, beautifully remodeled bathrooms, and a designer kitchen with all-wood cabinetry, custom storage, a coffee and wine bar, and built-in wine cooler. The attention to detail and pride of ownership are evident from the moment you walk in. Outside is where this property truly stands apart. Enjoy your private pool and hot tub, relax under the Sunbrella electric shade, or take advantage of the massive fenced backyard with room to store your boat, RV, trailer, and all your toys behind the privacy fence. A dedicated dog run, mature mango, banana, and avocado trees, and a brand-new 165-foot seawall complete this one-of-a-kind outdoor retreat. Major upgrades include paid-off solar panels, whole-house reverse osmosis, a 2-year-old A/C, impact sliding glass doors, plantation shutters, accordion hurricane shutters, Kevlar garage screen, epoxy garage floor, and an electric tankless water heater. Renovated. Waterfront. Half-acre lot. Assessments paid. Opportunities like this are exceptionally rare—don't miss your chance to own one of Cape Coral's most unique and move-in-ready waterfront properties.
    26 days
    |
    707
    |
    77
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Jenn Spears 239-218-3250,

    RE/MAX Realty Team,

    Bob Ashworth 239-898-2716,

    RE/MAX Realty Team

    Source: Florida Gulf Coast MLS,MLS#: 2026019246MLS LogoOriginating MLS: Florida Gulf Coast

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      • Full bathrooms: 2
      Rooms
      • Room types: Screened Porch
      Heating
      • Central, Electric
      Cooling
      • Central Air, Electric
      Appliances
      • Included: Dishwasher, Freezer, Microwave, Refrigerator, Self Cleaning Oven, Tankless Water Heater, Wine Cooler, Water Purifier, Washer
      • Laundry: Inside, Laundry Tub
      Features
      • Bathtub, Tray Ceiling(s), Dual Sinks, Eat-in Kitchen, Family/Dining Room, Living/Dining Room, Pantry, Separate Shower, Vaulted Ceiling(s), Bar, Walk-In Closet(s), Window Treatments, Split Bedrooms, Screened Porch
      • Flooring: Tile
      • Windows: Double Hung, Shutters, Window Coverings
      Interior area
      • Total structure area: 2,616
      • Total interior livable area: 1,996 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 3
      • Parking features: Attached, Garage, Garage Door Opener
      • Attached garage spaces: 3
      Features
      • Stories: 1
      • Patio & porch: Lanai, Patio, Porch, Screened
      • Exterior features: Security/High Impact Doors, Patio
      • Has private pool: Yes
      • Pool features: Concrete, In Ground
      • Has spa: Yes
      • Spa features: Above Ground
      • Has view: Yes
      • View description: Canal, Water
      • Has water view: Yes
      • Water view: Canal,Water
      • Waterfront features: Canal Access
      Lot
      • Size: 0.46 Acres
      • Dimensions: 165 x 125 x 165 x 125
      • Features: Oversized Lot
      Details
      • Parcel number: 114423C202604.0450
      • 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: Built-Up,Flat,Shingle
      Condition
      • Resale
      • Year built: 2007

      Utilities & green energy

      • Sewer: Assessment Paid
      • Water: Assessment Paid
      • Utilities for property: Cable Available, High Speed Internet Available
      Green energy
      • Energy efficient items: Solar Panel(s)

      Community & HOA

      Community
      • Features: Boat Facilities, Non-Gated, None
      • 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: $288/sqft
      • Tax assessed value: $449,462
      • Annual tax amount: $1,285
      • Date on market: 7/2/2026
      • Cumulative days on market: 27 days
      • Listing terms: All Financing Considered,Cash,FHA,VA Loan
      • Ownership: Single Family

        Estimated market value

        $555,800

        $528,000 - $584,000

        $3,268/mo

        Price history

        DateEventPrice
        7/27/2026Price change$575,000-0.8%$288/sqft
        Source: Florida Gulf Coast MLS #2026019246 Report a problem
        7/22/2026Price change$579,900-3.2%$291/sqft
        Source: Florida Gulf Coast MLS #2026019246 Report a problem
        7/7/2026Price change$599,000-4.2%$300/sqft
        Source: Florida Gulf Coast MLS #2026019246 Report a problem
        7/2/2026Listed for sale$625,000+104.9%$313/sqft
        Source: Florida Gulf Coast MLS #2026019246 Report a problem
        6/24/2019Sold$305,000-0.8%$153/sqft
        Source: Florida Gulf Coast MLS #219019304 Report a problem
        5/21/2019Pending sale$307,500$154/sqft
        Source: Barclays Real Estate Group 1 #219019304 Report a problem
        5/18/2019Price change$307,500-2.4%$154/sqft
        Source: Barclays Real Estate Group 1 #219019304 Report a problem
        4/10/2019Price change$315,000-3.1%$158/sqft
        Source: Barclays Real Estate Group 1 #219019304 Report a problem
        3/24/2019Price change$325,000-1.5%$163/sqft
        Source: Barclays Real Estate Group 1 #219019304 Report a problem
        3/9/2019Listed for sale$329,900+9.6%$165/sqft
        Source: Barclays Real Estate Group 1 #219019304 Report a problem
        5/31/2018Sold$301,000-11.4%$151/sqft
        Source: Public Record Report a problem
        8/7/2017Listing removed$339,900$170/sqft
        Source: Barclays Real Estate Group 1 #217043926 Report a problem
        7/30/2017Price change$339,900-2.9%$170/sqft
        Source: Barclays Real Estate Group 1 #217043926 Report a problem
        7/18/2017Listed for sale$349,900+97.7%$175/sqft
        Source: Barclays Real Estate Group 1 #217043926 Report a problem
        1/4/2010Sold$177,000+38.3%$89/sqft
        Source: Public Record Report a problem
        5/17/2006Sold$128,000+1180%$64/sqft
        Source: Public Record Report a problem
        5/22/2000Sold$10,000+185.7%$5/sqft
        Source: Public Record Report a problem
        3/20/2000Sold$3,500$2/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,285 +14.3%$327,425 +2.9%
        2024$1,124 -52.5%$318,197 +3%
        2023$2,367 +8.4%$308,929
        2022$2,183 -2.1%--
        2021$2,230 +272.9%$254,473 +4.7%
        2020$598 -85.4%$243,070 +3.1%
        2019$4,095 $235,801 +2.8%
        2018$4,095 -19.2%$229,331 +55.1%
        2017$5,067 +97.1%$147,903 -31.1%
        2016$2,571 +2.7%$214,612 +9.8%
        2015$2,503 -0.3%$195,500 +6.8%
        2014$2,511 +6.7%$183,113 +14.6%
        2013$2,352 +8.8%$159,795 +13.2%
        2012$2,162 +2%$141,198 +9.7%
        2011$2,119 +2.2%$128,734 -4%
        2010$2,074 -29.8%$134,107 +5.2%
        2009$2,955 -23.6%$127,510 -39.2%
        2008$3,867 +150.9%$209,650 +146.6%
        2007$1,541 -28.5%$85,000 -27%
        2006$2,157 +343.6%$116,400 +454.3%
        2004$486 +136.1%$21,000 +173.4%
        2003$206 +69.3%$7,680 +95.9%
        2002$122 $3,920
        2000-- $3,920
        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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: 33993

        Getting around

        9 / 100
        Car-Dependent
        27 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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