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  • $552,500

    5940 SW 1st Ct, Cape Coral, FL 33914

    4beds
    2,194sqft
    Single Family Residence
    Built in 1989
    0.28 Acres Lot
    $561,800 Zestimate®
    $252/sqft
    $3,861 Estimated rent

    Home value

    $561,800

    $534,000 - $590,000

    $3,861/mo

    Zestimate® history
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    What's special

    Mature palm treesTwo private bedroom suitesGranite countertopsLarge windowsLush tropical landscapingBright open floor planVaulted ceilings
    Located directly across from the river in SW Cape Coral, this beautifully maintained 4 bedroom +den, 3 bathroom, pool with custom waterfall home, offers a rare opportunity to own a tropical Florida retreat with proven STR performance. This home has a near perfect 4.92 star rating after 103 reviews on the largest platform and has averaged $79,208 per year in gross vacation rental revenue over the past 3 full years, offering the potential for owners to offset expenses while enjoying the home personally as the current owners have done. The home is offered fully furnished turnkey, allowing the next owner to immediately continue operating it as a vacation rental or move in and enjoy the SWFL lifestyle. From the moment you arrive, the home’s lush tropical landscaping, mature palm trees, and coastal architecture create a welcoming setting. A covered entry leads inside to a bright open floor plan featuring vaulted ceilings, large windows, and spacious living areas designed for relaxing and entertaining. The great room centers around a custom stone entertainment wall with electric fireplace and built-in shelving, complemented by accent lighting above the living room and kitchen wall highlighting the architectural focal point. The kitchen features granite countertops, stainless steel appliances, solid wood cabinetry, and a breakfast bar that flows into the dining area. Feature lighting enhances the dining room and second primary suite tray ceiling, adding warmth and ambiance. The layout offers flexibility with two private bedroom suites, including a spacious primary suite with walk-in closet, freestanding soaking tub, and separate glass shower. A 3rd guest bathroom includes a private sauna, creating a relaxing spa-like feature rarely found in comparable homes. Outdoor living is where this home shines. The expansive covered lanai with wood plank ceiling and outdoor kitchen is perfect for entertaining. The screened pool area features a saltwater pool with electric heater and a dramatic multi-tier tropical waterfall with accent lighting, creating a resort-style backyard built for lasting memories. The white vinyl, fully fenced, private backyard includes fruit producing mango, coconut, and citrus trees along with a large shed for significant extra storage. Recent improvements include NEW ROOF (NOV 2022), POOL RESURFACED with new glass tile (2024) exterior paint (2024), new privacy fencing & POOL HEATER (2023), new garage door (2021), and new ELECTRIC PANEL (2025). Also includes smart home features such as 2 Ring security cameras, Nest smart thermostat, and MyQ WiFi-enabled garage door system. Located minutes from Tarpon Point Marina, waterfront restaurants, and the Rotary Park nature trails, this home offers excellent location, lifestyle, and investment potential. With its established rental history, prime location, and turnkey setup, it presents a unique opportunity as a full-time residence, seasonal retreat, or vacation rental.

    Zillow last checked:

    Listing updated:

    Listed by:

    Ryan Benner 717-330-1510,

    Sellstate Priority Realty

    Bought with:

    Anthony Wallis, 258033941

    Blue Line Realty of SWFL

    Source: Florida Gulf Coast MLS,MLS#: 2026011093MLS LogoOriginating MLS: Florida Gulf Coast

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Rooms
    • Room types: Den, Family Room, Screened Porch
    Heating
    • Central, Electric
    Cooling
    • Central Air, Ceiling Fan(s), Electric
    Appliances
    • Included: Dryer, Dishwasher, Electric Cooktop, Ice Maker, Microwave, Refrigerator, RefrigeratorWithIce Maker, Washer
    • Laundry: Inside, Laundry Tub
    Features
    • Breakfast Bar, Built-in Features, Bedroom on Main Level, Bathtub, Dual Sinks, Family/Dining Room, French Door(s)/Atrium Door(s), Fireplace, Living/Dining Room, Main Level Primary, Multiple Primary Suites, Pantry, Separate Shower, Cable TV, Vaulted Ceiling(s), Walk-In Closet(s), Split Bedrooms, Den, Family Room, Screened Porch
    • Flooring: Tile
    • Doors: French Doors
    • Windows: Arched, Shutters
    • Has fireplace: Yes
    • Furnished: Yes
    Interior area
    • Total structure area: 2,614
    • Total interior livable area: 2,194 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Driveway, Garage, Paved, Two Spaces, Garage Door Opener
    • Attached garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Stories: 1
    • Patio & porch: Lanai, Patio, Porch, Screened
    • Exterior features: Fruit Trees, Sprinkler/Irrigation, Outdoor Grill, Outdoor Kitchen, Patio, Water Feature, Gas Grill
    • Has private pool: Yes
    • Pool features: Concrete, Electric Heat, Heated, In Ground, Pool Equipment, Screen Enclosure
    • Has view: Yes
    • View description: Landscaped, Pool, Water
    • Has water view: Yes
    • Water view: Water
    • Waterfront features: None, Across the Road Water Frontage
    Lot
    • Size: 0.28 Acres
    • Dimensions: 80 x 151 x 80 x 151
    • Features: Oversized Lot, Sprinklers Automatic
    Details
    • Parcel number: 234523C300205.0130
    • Lease amount: $0
    • Zoning description: R1-D

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch,One Story
    • Property subtype: Single Family Residence
    Materials
    • Stucco, Wood Siding, Wood Frame
    • Roof: Shingle
    Condition
    • Resale
    • Year built: 1989

    Utilities & green energy

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

    Community & HOA

    Community
    • Features: Non-Gated
    • 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: $252/sqft
    • Tax assessed value: $382,607
    • Annual tax amount: $9,212
    • Date on market: 3/5/2026
    • Cumulative days on market: 57 days
    • Listing terms: All Financing Considered,Cash,FHA,VA Loan
    • Ownership: Single Family
    • Contingency: Accepting Back Offers
    • Road surface type: Paved

    Price history

    DateEventPrice
    4/30/2026Sold$552,500-3.9%$252/sqft
    Source: Florida Gulf Coast MLS #2026011093 Report a problem
    3/18/2026Pending sale$575,000$262/sqft
    Source: Florida Gulf Coast MLS #2026011093 Report a problem
    3/5/2026Listed for sale$575,000+13.9%$262/sqft
    Source: Florida Gulf Coast MLS #2026011093 Report a problem
    1/18/2022Sold$505,000+1%$230/sqft
    Source: Florida Gulf Coast MLS #221051557 Report a problem
    12/20/2021Pending sale$500,000$228/sqft
    Source: Florida Gulf Coast MLS #221051557 Report a problem
    12/15/2021Price change$500,000-8.1%$228/sqft
    Source: Florida Gulf Coast MLS #221051557 Report a problem
    12/10/2021Pending sale$544,000$248/sqft
    Source: Florida Gulf Coast MLS #221051557 Report a problem
    10/28/2021Price change$544,000-1.1%$248/sqft
    Source: Florida Gulf Coast MLS #221051557 Report a problem
    10/22/2021Listed for sale$549,999$251/sqft
    Source: Florida Gulf Coast MLS #221051557 Report a problem
    10/4/2021Pending sale$549,999+266.9%$251/sqft
    Source: Florida Gulf Coast MLS #221051557 Report a problem
    3/28/2012Listing removed$149,900+5.2%$68/sqft
    Source: Sun Realty #201039980 Report a problem
    10/26/2011Sold$142,500-4.9%$65/sqft
    Source: Public Record Report a problem
    8/3/2011Price change$149,900-6.3%$68/sqft
    Source: Sun Realty, LLC #201039980 Report a problem
    7/16/2011Price change$159,900-5.9%$73/sqft
    Source: Sun Realty, LLC #201039980 Report a problem
    7/7/2011Price change$169,900+20.6%$77/sqft
    Source: Sun Realty, LLC #201039980 Report a problem
    6/27/2011Listed for sale$140,900$64/sqft
    Source: Sun Realty, LLC #201039980 Report a problem
    4/14/2011Listing removed$140,900$64/sqft
    Source: Sun Realty, LLC #201039980 Report a problem
    2/5/2011Price change$140,900+8.5%$64/sqft
    Source: Sun Realty, LLC #201039980 Report a problem
    9/13/2010Listed for sale$129,900-43.5%$59/sqft
    Source: Sun Realty, LLC #201039980 Report a problem
    5/10/2004Sold$230,000+104.3%$105/sqft
    Source: Public Record Report a problem
    2/28/1996Sold$112,600$51/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,212 -6.3%$382,607 -11%
    2024$9,833 +5.7%$430,038 +9.1%
    2023$9,302 +52.7%$394,191 +33.2%
    2022$6,091 +13.1%$296,050
    2021$5,385 +7.2%--
    2020$5,023 -0.2%$244,669 -1%
    2019$5,035 $247,099 -1%
    2018$5,035 -2.2%$249,520 +2.3%
    2017$5,151 +4.5%$243,847 +8%
    2016$4,927 +7.8%$225,683 +18.8%
    2015$4,571 +9.7%$189,997 +12.6%
    2014$4,168 +8.1%$168,787 +8.2%
    2013$3,855 +13.7%$155,991 +3.8%
    2012$3,390 +132.9%$150,295 +6.9%
    2011$1,455 0%$140,581 +47.4%
    2010$1,456 -41.9%$95,373 -34.6%
    2009$2,503 -36.3%$145,920 -42.1%
    2008$3,932 -19.5%$252,010 -13.1%
    2007$4,884 -14%$289,940 -3.4%
    2006$5,679 +169.4%$300,300 +58.2%
    2004$2,108 -1.9%$189,860 +10.6%
    2003$2,149 +1.5%$171,610 +31.3%
    2002$2,116 $130,750 +26.4%
    2000-- $103,460
    Find assessor info on the county website

    Neighborhood: 33914

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