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$539,000 Sale Pending
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Property Description
Waterfront - Pool Home with huge screen lanai - Fully updated - Great Family home, annual rental or short term rental...so many possibilities Move-IN ready. Investor-ready 4-bedroom, 2-bath waterfront pool home located in the heart of Cape Coral, offering strong rental appeal and flexible purchase options. Creative stated income options - 3 year old roof. This property features numerous updates including new flooring and upgraded cabinetry, along with a spacious layout ideal for long-term tenants, seasonal rentals, or a lease option strategy. The primary suite includes a soaking tub and oversized walk-in shower with frameless glass, adding to tenant desirability and resale value. New roof 2022 Situated on a freshwater canal with access to Shamrock Lakes, the home offers a highly marketable Florida lifestyle-private dock, pool, and mature tropical landscaping-all features that drive premium rental rates and tenant retention. Prime location near shopping, dining, golf, and entertainment, and just 35 minutes to Fort Myers Beach, making it attractive for both full-time residents and seasonal occupants. Priced to sell....Call for a personal tour.
Full Property Details
Full Property Details for 1204 SE 5th Terrace
General
- Price: $539,000
- Taxes: (2025)
- Status: Pending
- Type: Single Family
- Source: Bonita_Springs
- MLS ID: 2026019507
- Updated: 5/8/2026
- Added to Site: 28 day(s) ago
Interior
- Interior Features: Split Bedrooms, Family Room, Guest Bath
- Appliances: Dryer, Microwave, Refrigerator/Freezer
- Furnishings: Unfurnished
- Flooring: Laminate, Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Primary Bathroom: 2 Masters, Separate Tub And Shower
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Dining Room: Dining - Family, Eat-in Kitchen, Formal
- Laundry: Inside, Sink
Additional Information
- Shared Amenities: None, Boating
- Pool: Yes
- Private Pool: Yes
- Pool Description: In Ground, Concrete
- Security/Safety: Security System, Smoke Detector(s)
Exterior
- Exterior Features: Concrete Dock, Dock Included
- Porch/Patio/Deck: Patio
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Garage Door Opener, Attached
Location
- Area: CC14 - Cape Coral Unit 16, 18, 22-
- 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: Central Electric
- Heating Type: Central Electric
- Ceiling Fan(s): 5
Utilities
- Sewer: Central
- 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: Casement, Impact Resistant Windows
- Doors: Impact Resistant Doors
- Stories/Levels: 1
- Stories in Building: 1
- Square Feet: 2,402
- Sq. Ft. Source: Property Appraiser Office
- Living Area: 2,402 Sq. Ft.
- Year Built: 2003
Lot Features
- Property View: Canal
- Lot Size (Acres): 0.23
- Lot Size (Sq. Ft.): 10,018
- Lot Size Source: Property Appraiser Office
- Lot Dimensions: 125 x 80 x 80 x 125
- Frontage Feet: 125
- Fence: Yes
- Irrigation System: Assessment Paid
- Lot Features: Regular
- Trees/Vegetation: Fruit Trees
- Zoning: R1
- Lot Description: Regular
- Fencing (Description): Fenced
Water Features
- Water Front: Yes
- Water Front Desc.: Canal Front
- Canal Width: Canal Width 81-120
- Boat Dock Slip: Yes
Financial Considerations
- For Lease: Yes
- Tax Year: 2025
- Terms: Lease Option
Disclosures and Reports
- Ownership: Single Family
- Legal Description: CAPE CORAL UNIT 16 BLK 1439 PB 13 PG 81 LOTS 88 + 89
- Property ID: 18-44-24-C4-01439.0880
- Section: 18
- Block: 1439
- Lot Number: 88
Listed by Allison James Estates & Homes
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Schools
Schools serving 1204 SE 5th Terrace
School District:Lee County School District, Fort Myers, FL
| Name | Grades | Distance |
|---|---|---|
Caloosa Elementary School 620 Del Prado Boulevard South, Cape Coral, FL 33990 | K-5 | 0.5 mi |
Tropic Isles Elementary School 5145 Orange Grove Boulevard, North Fort Myers, FL 33903 | K-5 | 2.6 mi |
Hancock Creek Elementary School 1601 Skyline Drive, North Fort Myers, FL 33903 | K-5 | 3 mi |
Caloosa Middle School 610 Del Prado Boulevard South, Cape Coral, FL 33990 | 6-8 | 0.4 mi |
Diplomat Middle School 1039 Northeast 16th Terrace, Cape Coral, FL 33909 | 6-8 | 3 mi |
North Fort Myers High School 5000 Orange Grove Boulevard, North Fort Myers, FL 33903 | 9-12 | 2.8 mi |
Cape Coral High School 2300 Santa Barbara Boulevard, Cape Coral, FL 33991 | 9-12 | 2.9 mi |
Mariner High School 701 Chiquita Boulevard North, Cape Coral, FL 33993 | 9-12 | 3.8 mi |
Diplomat Elementary School 1115 Northeast 16th Terrace, Cape Coral, FL 33909 | K-5 | 3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1204 SE 5th Terrace
Date
Details
Price
Change
Source
5/03/2026
Listed
$539,000
42.59%
MLS
6/13/2023
Sold
$378,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1204 SE 5th Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,613
-5%
$526,476
1%
2024
$9,104
148%
$523,813
136%
2023
$3,672
3%
$222,331
-29%
2021
$3,553
2%
$312,636
45%
2022
$3,483
-2%
$215,855
4%
2021
$3,553
2%
$206,675
4%
2018
$3,483
1%
$198,261
2%
2017
$3,464
2%
$194,183
2%
2016
$3,388
-3%
$190,189
-6%
2019
$3,491
2%
$202,028
-17%
2015
$3,414
—
$242,801
8%
2014
$3,400
5%
$225,205
5%
2013
$3,233
—
$214,301
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1204 SE 5th Terrace
1204 SE 5th Ter, Cape Coral, FL 33990 (MLS# 2026019507) is a Single Family property with 4 bedrooms and 2 full bathrooms. 1204 SE 5th Ter is currently listed for $539,000 and was received on May 03, 2026. Want to learn more about 1204 SE 5th 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.

