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    • Price cut: $25.6K (7/16)
    $648,900

    509 NE 5th Ter, Cape Coral, FL 33909

    3beds
    1,999sqft
    : 
    $4,185/mo
    Get pre-qualified
    Single Family Residence
    Built in 2024
    0.28 Acres Lot
    $-- Zestimate®
    $325/sqft
    $-- HOA

    What's special

    Spacious travertine lanaiBeautiful quartzite countertopsFully equipped outdoor kitchenBreathtaking sunset viewsGourmet kitchenSoaring ceilingsPrivate resort-style retreat
    Why wait to build when you can move into this stunning waterfront home built in late 2024? Situated on an oversized 12,512-square-foot lot with western exposure on a freshwater intersecting canal, this exceptional property offers an impressive 232.79 feet of seawall, breathtaking sunset views, and nearly 2,000 square feet of thoughtfully designed living space. Featuring 3 spacious bedrooms, a den perfect for a home office or guest space, 3 full bathrooms, and an oversized 3-car garage with a mini-split A/C system, this home was designed to combine luxury, comfort, and functionality. From the seamless metal roof and impact-resistant windows and doors to the soaring ceilings, 8-foot interior doors, tile flooring throughout, and soundproof wall construction, every detail reflects quality craftsmanship and modern design. The gourmet kitchen is sure to impress, showcasing beautiful quartzite countertops, Samsung Bespoke appliances, and an open-concept layout that seamlessly connects the living, dining, and outdoor entertaining areas. Step outside to your private resort-style retreat featuring a spacious travertine lanai, fully equipped outdoor kitchen, heated pool, and spa. Whether you're hosting family and friends or enjoying a peaceful evening overlooking the water, this outdoor oasis was designed for unforgettable memories. Additional benefits include NO flood insurance required, city water, sewer, and irrigation, with all assessments paid in full by the seller at closing. Luxury waterfront homes with this much seawall frontage, modern construction, premium finishes, and exceptional outdoor living are rarely available. Schedule your private showing today and experience the Florida lifestyle you've been dreaming of. Certain photos have been virtually staged. Furniture and décor depicted are not included in the sale of the property.
    53 days
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    347
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    38
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    Zillow last checked:

    Listing updated:

    Listed by:

    Eileen Rodriguez 239-410-9888,

    Realty One Group MVP

    Source: Florida Gulf Coast MLS,MLS#: 2026025843MLS LogoOriginating MLS: Florida Gulf Coast

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 3
      Rooms
      • Room types: Den, Florida Room, Screened Porch
      Heating
      • Central, Electric
      Cooling
      • Central Air, Ceiling Fan(s), Electric
      Appliances
      • Included: Dryer, Dishwasher, Disposal, Ice Maker, Microwave, Range, Refrigerator, RefrigeratorWithIce Maker, Washer
      • Laundry: Inside
      Features
      • Breakfast Bar, Tray Ceiling(s), Coffered Ceiling(s), Dual Sinks, Entrance Foyer, French Door(s)/Atrium Door(s), Kitchen Island, Living/Dining Room, Pantry, Shower Only, Separate Shower, Cable TV, Split Bedrooms, Den, Florida Room, Screened Porch
      • Flooring: Tile
      • Doors: French Doors
      • Windows: Single Hung, Impact Glass
      Interior area
      • Total structure area: 2,651
      • Total interior livable area: 1,999 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 3
      • Parking features: Attached, Driveway, Garage, Paved, Two Spaces, Garage Door Opener
      • Attached garage spaces: 3
      • Has uncovered spaces: Yes
      Features
      • Patio & porch: Lanai, Porch, Screened
      • Exterior features: Fence, Security/High Impact Doors, Sprinkler/Irrigation, Outdoor Shower
      • Has private pool: Yes
      • Pool features: Concrete, Electric Heat, Heated, In Ground, Outside Bath Access, Salt Water
      • Has spa: Yes
      • Spa features: Electric Heat, Gunite, In Ground, Screened
      • Has view: Yes
      • View description: Canal, Landscaped, Mangroves, Water
      • Has water view: Yes
      • Water view: Canal,Water
      • Waterfront features: Intersecting Canal, Navigable Water, Seawall
      Lot
      • Size: 0.28 Acres
      • Dimensions: 119 x 125 x 98 x 134
      • Features: Corner Lot, Cul-De-Sac, Irregular Lot, Oversized Lot, Sprinklers Automatic
      Details
      • Parcel number: 124423C202398.0370
      • Lease amount: $0
      • Zoning description: R1

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Contemporary,Florida,Traditional
      • Property subtype: Single Family Residence
      Materials
      • Block, Concrete, Stucco
      • Roof: Metal
      Condition
      • Resale
      • Year built: 2024

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available, High Speed Internet Available

      Community & HOA

      Community
      • Features: Non-Gated
      • Security: Burglar Alarm (Monitored), 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
      • HOA phone: 000-000-0000
      Location
      • Region: Cape Coral

      Financial & listing details

      • Price per square foot: $325/sqft
      • Tax assessed value: $539,496
      • Annual tax amount: $10,469
      • Date on market: 6/12/2026
      • Cumulative days on market: 206 days
      • Ownership: Single Family

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/16/2026Price change$648,900-3.8%$325/sqft
        Source: Florida Gulf Coast MLS #2026025843 Report a problem
        6/12/2026Listed for sale$674,508+2.4%$337/sqft
        Source: Florida Gulf Coast MLS #2026025843 Report a problem
        6/11/2026Listing removed$659,000$330/sqft
        Source: Florida Gulf Coast MLS #2026001465 Report a problem
        5/6/2026Price change$659,000-5.2%$330/sqft
        Source: Florida Gulf Coast MLS #2026001465 Report a problem
        3/12/2026Price change$695,000-4.1%$348/sqft
        Source: Florida Gulf Coast MLS #2026001465 Report a problem
        1/9/2026Listed for sale$725,000+914%$363/sqft
        Source: Florida Gulf Coast MLS #2026001465 Report a problem
        3/22/2021Sold$71,500+376.7%$36/sqft
        Source: Public Record Report a problem
        1/2/2014Sold$15,000-90%$8/sqft
        Source: Public Record Report a problem
        6/10/2005Sold$150,000$75/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$10,469 -6.3%$539,496 -9%
        2024$11,168 +395.1%$593,055 +868.5%
        2023$2,256 +10.4%$61,234 +74.9%
        2022$2,043 +26.7%$35,003 +195.2%
        2021$1,613 -12.1%$11,858 +10%
        2020$1,835 -3.1%$10,780 -30%
        2019$1,894 $15,400
        2018$1,894 +0.4%$15,400 +2.5%
        2017$1,887 +231.2%$15,020 +24.1%
        2016$570 +11.2%$12,100 -1.8%
        2015$513 +3.5%$12,320 +1.4%
        2014$495 +10.8%$12,155 +26.6%
        2013$447 +27.4%$9,600 -8.1%
        2012$351 -7.2%$10,450 -13.6%
        2011$378 +0.5%$12,100 +10%
        2010$376 -27.1%$11,000 -39.4%
        2009$516 +12.2%$18,150 -17.5%
        2008$460 -71.4%$22,000 -75%
        2007$1,608 -32.2%$88,000 -31%
        2006$2,373 +430%$127,600 +582.7%
        2004$448 +74.4%$18,690 +94.5%
        2003$257 +117.2%$9,610 +178.6%
        2002$118 $3,450 -32.4%
        2000-- $5,100
        Find assessor info on the county website

        Monthly payment

        Est. payment

        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: 33909

        Getting around

        14 / 100
        Car-Dependent
        33 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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