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$625,000 Just Listed
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Property Description
Welcome to this beautifully updated 4-bedroom, 2-bath waterfront pool home situated on a rare ½-acre fenced lot with 165 feet of freshwater canal frontage. Located in a non-flood zone with all city assessments paid, this meticulously maintained home offers the perfect blend of comfort, style, and functionality. Inside, you'll find gorgeous porcelain tile flooring throughout, fresh interior paint, remodeled bathrooms, and a stunning kitchen featuring all-wood cabinetry, a coffee and wine bar with a built-in wine cooler, and thoughtful custom storage including Lazy Susan cabinets. Pride of ownership is evident in every detail. Step outside to your private backyard oasis with a sparkling pool, hot tub that stays, and a Sunbrella electric shade for year-round enjoyment. The oversized fenced yard offers plenty of room to park your boat, RV, trailer, or other toys behind the privacy fence, plus a dedicated dog run and mature mango, banana, and avocado trees. Additional highlights include a new 165-foot seawall, whole-house reverse osmosis system, paid-off solar panels, a 2-year-old A/C, impact sliding glass doors, plantation shutters throughout, a Kevlar hurricane screen for the garage, accordion hurricane shutters, an epoxy-coated garage floor, and an electric tankless inline water heater. Rarely do you find a home offering this much land, waterfront, privacy, and quality upgrades-all in one exceptional package.
Full Property Details
Full Property Details for 223 NW 5th Terrace
General
- Price: $625,000
- Taxes: (2025)
- Status: Active
- Type: Single Family
- Source: Bonita_Springs
- MLS ID: 2026019246
- Updated: 7/2/2026
- Added to Site: 3 day(s) ago
Interior
- Interior Features: Split Bedrooms, Bar, Pantry, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s)
- Appliances: Dishwasher, Microwave, Refrigerator, Refrigerator/Freezer, Reverse Osmosis, Self-Cleaning Oven, Tankless Water Heater, Washer, Water Treatment (Owned), Wine Cooler
- Furnishings: Unfurnished
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Primary Bathroom: Dual Sinks, Separate Tub And Shower
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Dining Room: Dining - Family, Dining - Living, Eat-in Kitchen
- Laundry: Inside, Sink
Additional Information
- Shared Amenities: None, Boating, No Subdivision, Non-Gated
- Pool: Yes
- Private Pool: Yes
- Pool Description: In Ground, Concrete
- Spa: Yes
- Spa Description: Above-Ground
Exterior
- Exterior Features: Concrete Dock, Elec Avail at dock, Water Avail at Dock
- Porch/Patio/Deck: Screened Lanai/Porch, Patio
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 3
- Covered Spaces: 3
- Parking Features: Garage Door Opener, Attached
Location
- Area: CC41 - Cape Coral Unit 37-43, 48, 49
- County: Lee
- Subdivision: CAPE CORAL
- Building Name: CAPE CORAL
- Direction Faces: South
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
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: Built-Up or Flat, Shingle
- Windows: Double Hung, Shutters, Window Coverings
- Doors: Impact Resistant Doors
- Stories/Levels: 1
- Stories in Building: 1
- Square Feet: 1,996
- Sq. Ft. Source: Property Appraiser Office
- Living Area: 1,996 Sq. Ft.
- Year Built: 2007
Lot Features
- Property View: Canal, Water
- Lot Size (Acres): 0.4591
- Lot Size (Sq. Ft.): 19,998
- Lot Size Source: Property Appraiser Office
- Lot Dimensions: 165 x 165 x 125 x 125
- Frontage Feet: 165
- Irrigation System: Assessment Paid
- Lot Features: Oversize
- Zoning: R1
- Lot Description: Oversize
Water Features
- Water Front: Yes
- Water Front Desc.: Canal Front, Freshwater
- Canal Width: Canal Width 81-120
- Boat Dock Slip: Yes
Financial Considerations
- Tax Year: 2025
- Terms: Buyer Finance/Cash, FHA, VA Loan
Disclosures and Reports
- Ownership: Single Family
- Legal Description: CAPE CORAL UNIT 37 BLK 2604 PB 17 PG 25 LOTS 45 + 46
- Property ID: 11-44-23-C2-02604.0450
- Section: 11
- Block: 2604
- Lot Number: 45
Listed by RE/MAX Realty Team
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Schools
Schools serving 223 NW 5th Terrace
School District:Lee County School District, Fort Myers, FL
| Name | Grades | Distance |
|---|---|---|
Hector A. Cafferata Jr Elementary School 250 Santa Barbara Boulevard North, Cape Coral, FL 33993 | K-5 | 0.5 mi |
Patriot Elementary School 711 Southwest 18th Street, Cape Coral, FL 33991 | K-5 | 3 mi |
Skyline Elementary School 620 Southwest 19th Street, Cape Coral, FL 33991 | K-5 | 3.2 mi |
Mariner Middle School 425 Chiquita Boulevard North, Cape Coral, FL 33993 | 6-8 | 1.6 mi |
Challenger Middle School, Cape Coral, FL 624 Trafalgar Parkway, Cape Coral, FL 33991 | 6-8 | 2.9 mi |
Mariner High School 701 Chiquita Boulevard North, Cape Coral, FL 33993 | 9-12 | 1.6 mi |
Cape Coral High School 2300 Santa Barbara Boulevard, Cape Coral, FL 33991 | 9-12 | 3.7 mi |
North Fort Myers High School 5000 Orange Grove Boulevard, North Fort Myers, FL 33903 | 9-12 | 4.4 mi |
Trafalgar Elementary School 1850 Southwest 20th Avenue, Cape Coral, FL 33991 | K-5 | 3.8 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 223 NW 5th Terrace
Date
Details
Price
Change
Source
7/02/2026
Listed
$625,000
2214.81%
MLS
3/18/2021
Sold
$27,000
—
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 223 NW 5th Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,285
14%
$327,425
3%
2024
$1,124
-53%
$318,197
3%
2023
$2,367
6%
$308,929
15%
2021
$2,230
2%
$268,238
-11%
2022
$2,183
-2%
$299,931
23%
2021
$2,230
-46%
$243,070
3%
2019
$4,095
-19%
$235,801
3%
2018
$5,067
97%
$229,331
55%
2017
$2,571
3%
$147,903
2%
2016
$2,503
—
$144,861
-26%
2015
$2,511
7%
$195,500
7%
2014
$2,352
7%
$183,113
15%
2013
$2,203
—
$159,795
—
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 223 NW 5th Terrace
223 NW 5th Ter, Cape Coral, FL 33993 (MLS# 2026019246) is a Single Family property with 4 bedrooms and 2 full bathrooms. 223 NW 5th Ter is currently listed for $625,000 and was received on July 02, 2026. Want to learn more about 223 NW 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.

