Recently Viewed Properties
See This Home
Save This Listing
Close

View All Photos

$674,508

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 3 Full Baths
  • 1,999 Sq. Ft.
  • Updated 1 day ago
See This Home
Save This Home
See This Home
Save This Home
Why wait to build when you can move into this stunning waterfront home built in late 2023? Situated on an oversized 12,512-square-foot lot with western exposure on a freshwater intersecting canal, this exceptional property offers an impressive 232.79 feet of seawall, breathtaking sunset views, and nearly 2,000 square feet of thoughtfully designed living space. Featuring 3 spacious bedrooms, a den perfect for a home office or guest space, 3 full bathrooms, and an oversized 3-car garage with a mini-split A/C system, this home was designed to combine luxury, comfort, and functionality. From the seamless metal roof and impact-resistant windows and doors to the soaring ceilings, 8-foot interior doors, tile flooring throughout, and soundproof wall construction, every detail reflects quality craftsmanship and modern design. The gourmet kitchen is sure to impress, showcasing beautiful quartzite countertops, Samsung Bespoke appliances, and an open-concept layout that seamlessly connects the living, dining, and outdoor entertaining areas. Step outside to your private resort-style retreat featuring a spacious travertine lanai, fully equipped outdoor kitchen, heated pool, and spa. Whether you're hosting family and friends or enjoying a peaceful evening overlooking the water, this outdoor oasis was designed for unforgettable memories. Additional benefits include NO flood insurance required, city water, sewer, and irrigation, with all assessments paid in full by the seller at closing. Luxury waterfront homes with this much seawall frontage, modern construction, premium finishes, and exceptional outdoor living are rarely available. Schedule your private showing today and experience the Florida lifestyle you've been dreaming of.

Full Property Details for 509 NE 5th Terrace

General

  • Price: $674,508
  • Taxes: (2025)
  • Status: Active
  • Type: Single Family
  • Source: Bonita_Springs
  • MLS ID: 2026025843
  • Updated: 6/19/2026
  • Added to Site: 8 day(s) ago

Interior

  • Interior Features: Split Bedrooms, Den - Study, Wired for Data, Coffered Ceiling(s), Entrance Foyer, Pantry, Tray Ceiling(s)
  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator with Icemaker
  • Furnishings: Unfurnished
  • Flooring: Tile

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Primary Bathroom: Dual Sinks, Shower Only

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Kitchen: Kitchen Island, Pantry
  • Dining Room: Breakfast Bar, Dining - Living
  • Laundry: In Garage

Additional Information

  • Shared Amenities: None, Non-Gated
  • Pool: Yes
  • Private Pool: Yes
  • Pool Description: In Ground, Concrete, Electric Heat, Pool Bath, Salt Water
  • Spa: Yes
  • Spa Description: In Ground, Concrete, Equipment Stays, Heated (Electric), Screened
  • Security/Safety: Smoke Detectors

Exterior

  • Exterior Features: Outdoor Shower, Sprinkler Manual
  • Porch/Patio/Deck: Screened Lanai/Porch

Parking

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

Location

  • Area: CC31 - Cape Coral Unit 17, 31-36,
  • County: Lee
  • Subdivision: CAPE CORAL
  • Building Name: CAPE CORAL
  • Direction Faces: East

Community

  • Assoc. Fees Include: None
  • Pets Allowed: Yes
  • Management Type: None

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Ceiling Fan(s), Central Electric
  • Heating Type: Central Electric

Utilities

  • Sewer: Central
  • Water: Central
  • Cable Available: Yes
  • Utility Description: Cable Available

Structural Information

  • Architectural Style: Contemporary, Florida, Traditional
  • Description/Design: Single Family Residence
  • Exterior Const.: Concrete Block, Stucco
  • Roof: Metal
  • Windows: Impact Resistant, Single Hung, Impact Resistant Windows
  • Doors: Impact Resistant Doors, French Doors
  • 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, Landscaped Area, Mangroves, Water
  • Lot Size (Acres): 0.278
  • Lot Size (Sq. Ft.): 12,109
  • Lot Size Source: Property Appraiser Office
  • Lot Dimensions: 119 x 98 x 125 x 134
  • Frontage: Public Road
  • Frontage Feet: 119
  • Fence: Yes
  • Irrigation System: Central
  • Lot Features: Corner Lot, Cul-De-Sac, Irregular Lot, Oversize
  • Zoning: R1
  • Lot Description: Corner Lot, Cul-De-Sac, Irregular Lot, Oversize
  • Fencing (Description): Fenced

Water Features

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

Financial Considerations

  • Tax Year: 2025
  • Terms: Seller Pays Title

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 Realty One Group MVP

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 —

  • Realty One Group MVP

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 ATTOM Data Solutions 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
6/12/2026
Listed
$674,508
843.37%
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
$10,469
-6%
$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 Realty One Group MVP

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.

26 SW 21st Pl, Cape Coral, FL 33991 - Photo 1
$679,000

26 SW 21st Pl  Cape Coral, FL 33991

  • Single Family
  • Active
  • 3
    Beds
  • 3
    Total Baths
  • 2,604
    Sq. Ft.
2013 Everest Pkwy, Cape Coral, FL 33904 - Photo 1 Just Listed
$669,500

2013 Everest Pkwy  Cape Coral, FL 33904

  • Single Family
  • Active
  • Updated 2 days ago
  • 3
    Beds
  • 3
    Total Baths
  • 2,517
    Sq. Ft.
3307 NW 3rd St, Cape Coral, FL 33993 - Photo 1
$685,000

3307 NW 3rd St  Cape Coral, FL 33993

  • Single Family
  • Active
  • Updated 4 days ago
  • 3
    Beds
  • 3
    Total Baths
  • 2,234
    Sq. Ft.
2804 NW 26th Ave, Cape Coral, FL 33993 - Photo 1
$689,900

2804 NW 26th Ave  Cape Coral, FL 33993

  • Single Family
  • Active
  • 3
    Beds
  • 3
    Total Baths
  • 2,400
    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.

3032 Via Rialto St, Fort Myers, FL 33905 - Photo 1 Just Listed
$897,000

3032 Via Rialto St  Fort Myers, FL 33905

  • Single Family
  • Active
  • Updated 4 days ago
  • 5
    Beds
  • 4
    Total Baths
  • 3,637
    Sq. Ft.
Listed by Bryan Tipple (239) 248-4890
15840 Lake Candlewood Dr, Fort Myers, FL 33908 - Photo 1 Just Listed
$399,000

15840 Lake Candlewood Dr  Fort Myers, FL 33908

  • Single Family
  • Active
  • Updated 2 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,802
    Sq. Ft.
Listed by Suzanne Belof (239) 333-6241
9372 Via Murano Ct, Fort Myers, FL 33905 - Photo 1 Just Listed
$455,900

9372 Via Murano Ct  Fort Myers, FL 33905

  • Single Family
  • Active
  • Updated 2 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,677
    Sq. Ft.
11642 Plantation Preserve Cir S, Fort Myers, FL 33966 - Photo 1 Just Listed
$570,000
Open House

11642 Plantation Preserve Cir S  Fort Myers, FL 33966

  • Single Family
  • Active
  • Updated 4 days ago
  • 3
    Beds
  • 3
    Total Baths
  • 2,732
    Sq. Ft.
Listed by Nishma Nana (203) 423-9406

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.

1561 Lynwood Ave, Fort Myers, FL 33901 - Photo 1 Price Reduced
-$5,000 (-0.74%)
$675,000

1561 Lynwood Ave  Fort Myers, FL 33901

  • Single Family
  • Active
  • Updated 5 days ago
  • 5
    Beds
  • 4
    Total Baths
  • 4,307
    Sq. Ft.
Listed by Liz Costa (239) 791-6191
10970 Glenhurst St, Fort Myers, FL 33913 - Photo 1 Price Reduced
-$1,000 (-0.31%)
$321,999

10970 Glenhurst St  Fort Myers, FL 33913

  • Single Family
  • Active
  • Updated 1 day ago
  • 2
    Beds
  • 2
    Total Baths
  • 1,272
    Sq. Ft.
Listed by The Vetere Team (239) 851-5600
12585 Gemstone Ct, Fort Myers, FL 33913 - Photo 1 Price Reduced
-$25,000 (-4.55%)
$525,000

12585 Gemstone Ct  Fort Myers, FL 33913

  • Single Family
  • Active
  • Updated 4 days ago
  • 4
    Beds
  • 3
    Total Baths
  • 2,230
    Sq. Ft.
Listed by Steve Bacardi (239) 272-2387 and Mileivis Cancio (239) 465-2126
4396 Bowsprit Ct, Fort Myers, FL 33919 - Photo 1 Price Reduced
-$20,000 (-10.26%)
$175,000
Open House

4396 Bowsprit Ct  #4E  Fort Myers, FL 33919

  • Condo
  • Active
  • Updated 3 days ago
  • 2
    Beds
  • 2
    Total Baths
  • 1,193
    Sq. Ft.
Listed by Anne Eckerman (941) 497-5417

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.

1202 NE 6th Ave, Cape Coral, FL 33909 - Photo 1 Sold
$590,000

1202 NE 6th Ave  Cape Coral, FL 33909

  • Single Family
  • Closed
  • 4
    Beds
  • 3
    Total Baths
  • 1,991
    Sq. Ft.
313 SE 2nd St, Cape Coral, FL 33990 - Photo 1 Sold
$585,000

313 SE 2nd St  Cape Coral, FL 33990

  • Single Family
  • Closed
  • 3
    Beds
  • 3
    Total Baths
  • 2,152
    Sq. Ft.
222 SE 2nd Ave, Cape Coral, FL 33990 - Photo 1 Sold
$655,000

222 SE 2nd Ave  Cape Coral, FL 33990

  • Single Family
  • Closed
  • 4
    Beds
  • 3
    Total Baths
  • 2,098
    Sq. Ft.
222 SE 2nd Ave, Cape Coral, FL 33990 - Photo 1 Sold
$655,000

222 SE 2nd Ave  Cape Coral, FL 33990

  • Single Family
  • Closed
  • 4
    Beds
  • 3
    Total Baths
  • 2,098
    Sq. Ft.
Listed by Stellar Non-Member Office
Sold by Grant Team Real Estate, Llc

509 NE 5th Ter, Cape Coral, FL 33909 (MLS# 2026025843) is a Single Family property with 3 bedrooms and 3 full bathrooms. 509 NE 5th Ter is currently listed for $674,508 and was received on June 12, 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