Recently Viewed Properties
See This Home
Save This Listing
Close

View All Photos

$725,000

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 3 Full Baths
  • 1,999 Sq. Ft.
  • Updated 6 days ago
See This Home
Save This Home
See This Home
Save This Home
2024 Construction Pool/Spa Home! This stunning home, approximately 2,000 sq. ft., is ideally situated on an oversized 0.28-acre lot at the intersection of a freshwater canal in one of Cape Coral's most desirable areas. The open-concept layout features high-end finishes throughout, including beautiful natural marble in all bathrooms and bedrooms. Quality construction details include a premium metal roof, hurricane-proof windows, insulated garage doors, and an AC-equipped garage, offering added comfort and energy efficiency. Enjoy captivating water views from multiple locations on the property, abundant natural light, and seamless indoor-outdoor living ideal for entertaining. The inviting pool and spa feature a travertine deck and full screen enclosure for year-round enjoyment, while the outdoor kitchen enhances both the appeal and functionality of the space. Additional highlights include a spacious driveway, city water and sewer with all assessments paid at closing, and a 240-foot concrete seawall that enhances the property's aesthetics and provides long-term protection. The home is located outside flood zones and wetlands for added peace of mind. The foundation has been insulated with a specialized rubberized sealer to prevent moisture intrusion, and the interior walls are insulated with fiberglass to enhance privacy.

Full Property Details for 509 NE 5th Terrace

General

  • Price: $725,000
  • Taxes: (2024)
  • Status: Active
  • Type: Single Family
  • Source: Bonita_Springs
  • MLS ID: 2026001465
  • Updated: 1/11/2026
  • Added to Site: 8 day(s) ago

Interior

  • Interior Features: Great Room, Den - Study, Wired for Data
  • Appliances: Electric Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Trash Compactor
  • Furnishings: Unfurnished
  • Flooring: Marble, Tile

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Primary Bathroom: Multiple Shower Heads

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Kitchen: Kitchen Island, Pantry
  • Dining Room: Breakfast Bar, Dining - Family
  • Laundry: Inside

Additional Information

  • Shared Amenities: None, Non-Gated
  • Pool: Yes
  • Private Pool: Yes
  • Pool Description: Concrete, Equipment Stays, Pool Bath, Screen Enclosure
  • Security/Safety: Smoke Detectors

Exterior

  • Exterior Features: Outdoor Kitchen, Automatic Sprinkler
  • Porch/Patio/Deck: Open Porch/Lanai, Screened Lanai/Porch, Deck, Patio

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 3
  • Covered Spaces: 3
  • Parking Features: 2+ Spaces, Driveway Paved, Paved, Garage Door Opener, Attached

Location

  • Area: CC31 - Cape Coral Unit 17, 31-36,
  • County: Lee
  • Subdivision: CAPE CORAL
  • Building Name: CAPE CORAL
  • Driving Directions: Pine Island Rd to North on Santa Barbara Blvd to Right on NE 5th Ter to 509 on the Left.
  • Direction Faces: East

Community

  • Assoc. Fees Include: None
  • Units Assoc/Comm: 1
  • Pets Allowed: Yes
  • Management Type: None

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Central Electric, Exhaust Fan, Ridge Vent, Wall Unit(s)
  • Heating Type: Central Electric

Utilities

  • Sewer: Assessment Unpaid, Central
  • Water: Assessment Unpaid, Central, Dual Water
  • Cable Available: Yes
  • Utility Description: Cable Available

Structural Information

  • Description/Design: Single Family Residence
  • Exterior Const.: Concrete Block, Stucco
  • Roof: Metal
  • Windows: Impact Resistant, Single Hung, Impact Resistant Windows
  • Entry Floor Number: 1
  • Stories/Levels: 1
  • Stories in Building: 1
  • Square Feet: 1,999
  • Sq. Ft. Source: Property Appraiser Office
  • Living Area: 1,999 Sq. Ft.
  • Year Built: 2023

Lot Features

  • Property View: Canal, Intersecting Canal, Water
  • Lot Size (Acres): 0.278
  • Lot Size (Sq. Ft.): 12,109
  • Lot Size Source: Property Appraiser Office
  • Lot Dimensions: 125 x 85 x 147 x 119
  • Frontage: Public Road
  • Frontage Feet: 125
  • Street/Road Desc.: Paved
  • Fence: Yes
  • Irrigation System: Assessment Unpaid, Central
  • Lot Features: Corner Lot, Dead End, Irregular Lot, Oversize
  • Zoning: R1
  • Lot Description: Corner Lot, Dead End, Irregular Lot, Oversize
  • Fencing (Description): Fenced

Water Features

  • Water Front: Yes
  • Water Front Desc.: Canal Front, Intersecting Canal, Seawall
  • Canal Width: Canal Width 81-120

Financial Considerations

  • Tax Year: 2024
  • Terms: Buyer Finance/Cash, VA Loan

Disclosures and Reports

  • Ownership: Single Family
  • Legal Description: CAPE CORAL UNIT 35 BLK 2398 PB 16 PG 107 LOTS 37 + 38
  • Property ID: 12-44-23-C2-02398.0370
  • Section: 12
  • Block: 2398
  • Lot Number: 37

Listed by List In MLS Realty, LLC

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Listing agent

— 509 NE 5th Terrace —

  • List In MLS Realty, LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 509 NE 5th Terrace

School District:Lee County School District, Fort Myers, FL
NameGradesDistance
Diplomat Elementary School
1115 Northeast 16th Terrace, Cape Coral, FL 33909
K-51.8 mi
Caloosa Elementary School
620 Del Prado Boulevard South, Cape Coral, FL 33990
K-52.1 mi
Tropic Isles Elementary School
5145 Orange Grove Boulevard, North Fort Myers, FL 33903
K-53 mi
Diplomat Middle School
1039 Northeast 16th Terrace, Cape Coral, FL 33909
6-81.7 mi
Caloosa Middle School
610 Del Prado Boulevard South, Cape Coral, FL 33990
6-81.9 mi
Mariner High School
701 Chiquita Boulevard North, Cape Coral, FL 33993
9-122.5 mi
North Fort Myers High School
5000 Orange Grove Boulevard, North Fort Myers, FL 33903
9-123.5 mi
Cape Coral High School
2300 Santa Barbara Boulevard, Cape Coral, FL 33991
9-123.9 mi
Dr Carrie D Robinson Littleton Elementary School
700 Hutto Road, North Fort Myers, FL 33903
K-53.8 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 509 NE 5th Terrace Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/09/2026
Listed
$725,000
913.99%
MLS
3/19/2021
Sold
$71,500
—
Public Record
Get Price Alerts and Save Property
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 for 509 NE 5th Terrace

Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,298
-26%
$539,496
-9%
2024
$11,168
395%
$593,055
869%
2023
$2,256
40%
$61,234
344%
2021
$1,613
-21%
$13,800
-64%
2022
$2,043
27%
$37,910
252%
2021
$1,613
-15%
$10,780
-30%
2019
$1,894
—
$15,400
5%
2018
$1,887
231%
$14,641
-3%
2017
$570
11%
$15,020
24%
2016
$513
4%
$12,100
-2%
2015
$495
11%
$12,320
1%
2014
$447
34%
$12,155
27%
2013
$334
—
$9,600
—
View All
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 for 509 NE 5th Terrace

$
Down Payment
%
$
%

$
$

*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by List In MLS Realty, LLC

Similar Properties near 509 NE 5th Terrace

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

1121 SW 24th St, Cape Coral, FL 33991 - Photo 1
$720,000

1121 SW 24th St  Cape Coral, FL 33991

  • Single Family
  • Active
  • 3
    Beds
  • 3
    Total Baths
  • 2,325
    Sq. Ft.
2616 Malaita Ct, Cape Coral, FL 33991 - Photo 1
$714,500

2616 Malaita Ct  Cape Coral, FL 33991

  • Single Family
  • Active
  • 3
    Beds
  • 3
    Total Baths
  • 2,267
    Sq. Ft.
3307 NW 3rd St, Cape Coral, FL 33993 - Photo 1
$713,993

3307 NW 3rd St  Cape Coral, FL 33993

  • Single Family
  • Active
  • 3
    Beds
  • 3
    Total Baths
  • 2,234
    Sq. Ft.
1532 SW 4th Ct, Cape Coral, FL 33991 - Photo 1 Just Listed
$710,000

1532 SW 4th Ct  Cape Coral, FL 33991

  • Single Family
  • Active
  • Updated 18 hours ago
  • 3
    Beds
  • 3
    Total Baths
  • 1,771
    Sq. Ft.

Just Listed near 509 NE 5th Terrace

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

2366 E Mall Dr, Fort Myers, FL 33901 - Photo 1 Just Listed
$130,000

2366 E Mall Dr  #215  Fort Myers, FL 33901

  • Condo
  • Active
  • Updated 3 days ago
  • 2
    Beds
  • 2
    Total Baths
  • 1,092
    Sq. Ft.
Listed by Tracie L. Martin (513) 207-2421
11928 Five Waters Cir, Fort Myers, FL 33913 - Photo 1 Just Listed
$390,000
Open House

11928 Five Waters Cir  Fort Myers, FL 33913

  • Duplex
  • Active
  • Updated 3 days ago
  • 2
    Beds
  • 2
    Total Baths
  • 1,646
    Sq. Ft.
Listed by The Vetere Team (239) 851-5600
11971 Westmoreland Way, Fort Myers, FL 33913 - Photo 1 Just Listed
$499,000

11971 Westmoreland Way  Fort Myers, FL 33913

  • Single Family
  • Active
  • Updated 5 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,574
    Sq. Ft.
Listed by The Vetere Team (239) 851-5600
11611 Giulia Dr, Fort Myers, FL 33913 - Photo 1 Just Listed
$775,000
Open House

11611 Giulia Dr  Fort Myers, FL 33913

  • Single Family
  • Active
  • Updated 1 day ago
  • 3
    Beds
  • 3
    Total Baths
  • 2,251
    Sq. Ft.
Listed by Suzanne Belof (239) 333-6241

Price Reduced near 509 NE 5th Terrace

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

5282 Concord Way, Fort Myers, FL 33907 - Photo 1 Price Reduced
-$29,100 (-10.43%)
$249,900

5282 Concord Way  Fort Myers, FL 33907

  • Condo / Townhouse
  • Active
  • Updated 2 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,305
    Sq. Ft.
Listed by Amy Admire (239) 600-4423
11007 Mill Creek Way, Fort Myers, FL 33913 - Photo 1 Price Reduced
-$5,000 (-1.52%)
$324,900

11007 Mill Creek Way  #1501  Fort Myers, FL 33913

  • Single Family
  • Active
  • Updated 4 days ago
  • 2
    Beds
  • 2
    Total Baths
  • 1,797
    Sq. Ft.
Listed by SW Coastal Dream Team (239) 275-5500
3850 Otter Bend Cir, Fort Myers, FL 33905 - Photo 1 Price Reduced
-$25,000 (-4%)
$600,000

3850 Otter Bend Cir  Fort Myers, FL 33905

  • Single Family
  • Active
  • Updated 4 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 2,254
    Sq. Ft.
Listed by Steve Bacardi (239) 272-2387 and Karleen Halfmann (239) 292-6302
10168 Mimosa Silk Dr, Fort Myers, FL 33913 - Photo 1 Price Reduced
-$6,000 (-1.04%)
$569,000
Open House

10168 Mimosa Silk Dr  Fort Myers, FL 33913

  • Single Family
  • Active
  • Updated 1 day ago
  • 6
    Beds
  • 4
    Total Baths
  • 3,565
    Sq. Ft.
Listed by Gwen Martin (239) 940-2570

Recent Sales near 509 NE 5th Terrace

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

14 NE 6th St, Cape Coral, FL 33909 - Photo 1 Sold
$661,000

14 NE 6th St  Cape Coral, FL 33909

  • Single Family
  • Closed
  • 4
    Beds
  • 3
    Total Baths
  • 2,324
    Sq. Ft.
223 NW 4th Ave, Cape Coral, FL 33993 - Photo 1 Sold
$700,000

223 NW 4th Ave  Cape Coral, FL 33993

  • Single Family
  • Closed
  • 4
    Beds
  • 4
    Total Baths
  • 2,287
    Sq. Ft.
508 SE 7th St, Cape Coral, FL 33990 - Photo 1 Sold
$650,000

508 SE 7th St  Cape Coral, FL 33990

  • Multi-Family
  • Closed
  • Updated 4 days ago
  • 4
    Units
419 NW 7th Ave, Cape Coral, FL 33993 - Photo 1 Sold
$625,000

419 NW 7th Ave  Cape Coral, FL 33993

  • Single Family
  • Closed
  • 3
    Beds
  • 3
    Total Baths
  • 2,098
    Sq. Ft.

509 NE 5th Ter, Cape Coral, FL 33909 (MLS# 2026001465) is a Single Family property with 3 bedrooms and 3 full bathrooms. 509 NE 5th Ter is currently listed for $725,000 and was received on January 09, 2026. Want to learn more about 509 NE 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.

Tour this property