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Property Description
BOATER'S PARADISE - PRIME LOCATION WITH GULF ACCESS! If boating, waterfront living, and breathtaking sunsets are what you're after, this home delivers the ultimate Florida lifestyle! Located in a highly sought-after boating community, this property offers quick and easy access to open waters-no long idle times, just hop on your boat and go! After a day of cruising, fishing, or exploring nearby beaches, return to your own outdoor oasis. Take a dip in the heated saltwater pool while watching dolphins and manatees glide by, then relax with a cocktail under the expansive tiki hut as the sun sets over the water. Inside, this stunningly renovated home is just as impressive. The open living, dining, and kitchen areas are beautifully updated, with brand-new flooring, baseboards, and fresh paint in 2023. The chef's kitchen features a sleek new stove with a built-in air fryer, making cooking a breeze. The spacious master suite is a true sanctuary, complete with a cozy sitting area overlooking the lanai-ideal for unwinding after a day on the water. With a split-bedroom floor plan, your guests can enjoy complete privacy in the two additional bedrooms on the opposite side of the home. Meticulously maintained and updated, this home boasts: NEW HVAC, pool, and hot water heater (2021) NEW roof and tiki hut roof (2022) NEW black iron fence, flooring, baseboards, and paint (2023) Whether you're searching for a full-time waterfront residence, a seasonal escape, or a lucrative investment property, this home checks every box. Move-in ready and waiting for you-start living your boating dream today!
Full Property Details
Full Property Details for 116 SW 38th Terrace
General
- Sold For: $582,000
- Taxes: (2024)
- Status: Closed
- Type: Single Family
- Source: Bonita_Springs
- MLS ID: 224100147
- Added to Site: 402 day(s) ago
Interior
- Interior Features: Split Bedrooms, Guest Bath, Wired for Data, Pantry, Vaulted Ceiling(s)
- Appliances: Electric Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Self-Cleaning Oven, Washer
- Furnishings: Turnkey
- Flooring: Vinyl
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Primary Bathroom: Dual Sinks, Multiple Shower Heads, Shower Only
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Dining Room: Breakfast Bar, Dining - Family
- Laundry: Inside
Additional Information
- Shared Amenities: None, No Subdivision
- Pool: Yes
- Private Pool: Yes
- Pool Description: In Ground, Concrete, Equipment Stays, Electric Heat, Salt Water, Screen Enclosure
- Security/Safety: Smoke Detector(s), Smoke Detectors
Exterior
- Exterior Features: Boat Canopy/Cover, Dock, Boat Lift, Captain's Walk, Composite Dock, Elec Avail at dock, Water Avail at Dock, Outdoor Shower, Automatic Sprinkler
- Porch/Patio/Deck: Screened Lanai/Porch
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Circular Driveway, Driveway Paved, Garage Door Opener, Attached
Location
- Area: CC23 - Cape Coral Unit 28, 29, 45, 62, 63, 66, 68
- County: Lee
- Subdivision: CAPE CORAL
- Building Name: CAPE CORAL
- Direction Faces: North
Community
- Assoc. Fees Include: None
- Units Assoc/Comm: 1
- Pets Allowed: Yes
- Management Type: None
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ceiling Fan(s), Central Electric
- Heating Type: Central Electric
- Ceiling Fan(s): 6
Utilities
- Sewer: Assessment Paid
- Water: Assessment Paid
- Cable Available: Yes
- Utility Description: Cable Available
Structural Information
- Description/Design: Single Family Residence
- Exterior Const.: Concrete Block, Stucco
- Roof: Shingle
- Windows: Arched, Single Hung, Sliding, Shutters - Manual, Window Coverings
- Entry Floor Number: 1
- Stories/Levels: 1
- Stories in Building: 1
- Square Feet: 1,784
- Sq. Ft. Source: Property Appraiser Office
- Living Area: 1,784 Sq. Ft.
- Year Built: 2004
Additional Structures
- Other Structures: Tiki Hut
Lot Features
- Property View: Canal
- Lot Size (Acres): 0.23
- Lot Size (Sq. Ft.): 10,018
- Lot Size Source: Property Appraiser Office
- Lot Dimensions: 80 x 80 x 125 x 125
- Frontage Feet: 80
- Road Maintenance: City Maintained
- Irrigation System: Assessment Paid
- Lot Features: Regular
- Zoning: R1-W
- Lot Description: Regular
Water Features
- Water Front: Yes
- Gulf Access: Yes
- Water Front Desc.: Canal Front
- Canal Width: Canal Width 81-120
Financial Considerations
- Tax Year: 2024
- Terms: Buyer Finance/Cash
Disclosures and Reports
- Ownership: Single Family
- Legal Description: CAPE CORAL UNIT 45 BLK 1815 PB 21 PG 125 LOTS 8 + 9
- Property ID: 02-45-23-C3-01815.0080
- Section: 2
- Block: 1815
- Lot Number: 8
Listed by Century 21 Selling Paradise
Sold by Real Broker, LLC
Get Pre-Approved Today
Schools
Schools serving 116 SW 38th Terrace
School District:Lee County School District, Fort Myers, FL
| Name | Grades | Distance |
|---|---|---|
Pelican Elementary School 3525 Southwest 3rd Avenue, Cape Coral, FL 33914 | K-5 | 0.5 mi |
Cape Elementary School 4519 Vincennes Boulevard, Cape Coral, FL 33904 | K-5 | 1.9 mi |
Gulf Elementary School 3400 Southwest 17th Place, Cape Coral, FL 33914 | K-5 | 2.5 mi |
Gulf Middle School, Cape Coral, FL 1809 Southwest 36th Terrace, Cape Coral, FL 33914 | 6-8 | 2.3 mi |
Challenger Middle School, Cape Coral, FL 624 Trafalgar Parkway, Cape Coral, FL 33991 | 6-8 | 3 mi |
Trafalgar Middle School 2120 Trafalgar Parkway, Cape Coral, FL 33991 | 6-8 | 3.8 mi |
Cape Coral High School 2300 Santa Barbara Boulevard, Cape Coral, FL 33991 | 9-12 | 2 mi |
Ida S. Baker High School 3500 Agualinda Boulevard, Cape Coral, FL 33914 | 9-12 | 2.6 mi |
Mariner High School 701 Chiquita Boulevard North, Cape Coral, FL 33993 | 9-12 | 6.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 116 SW 38th Terrace
Date
Details
Price
Change
Source
9/23/2025
Sold
$582,000
-10.46%
MLS
8/21/2025
Price Reduced
$650,000
-5.8%
MLS
12/11/2024
Listed
$690,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
116 SW 38th Ter, Cape Coral, FL 33914 (MLS# 224100147) is a Single Family property that was sold at $582,000 on September 23, 2025. Want to learn more about 116 SW 38th Ter? Do you have questions about finding other Single Family real estate for sale in Cape Coral? You can browse all Cape Coral real estate or contact a Coldwell Banker agent to request more information.

