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$575,000 Sale Pending
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Property Description
Located directly across from the river in SW Cape Coral, this beautifully maintained 4 bedroom +den, 3 bathroom, pool with custom waterfall home, offers a rare opportunity to own a tropical Florida retreat with proven STR performance. This home has a near perfect 4.92 star rating after 103 reviews on the largest platform and has averaged $79,208 per year in gross vacation rental revenue over the past 3 full years, offering the potential for owners to offset expenses while enjoying the home personally as the current owners have done. The home is offered fully furnished turnkey, allowing the next owner to immediately continue operating it as a vacation rental or move in and enjoy the SWFL lifestyle. From the moment you arrive, the home's lush tropical landscaping, mature palm trees, and coastal architecture create a welcoming setting. A covered entry leads inside to a bright open floor plan featuring vaulted ceilings, large windows, and spacious living areas designed for relaxing and entertaining. The great room centers around a custom stone entertainment wall with electric fireplace and built-in shelving, complemented by accent lighting above the living room and kitchen wall highlighting the architectural focal point. The kitchen features granite countertops, stainless steel appliances, solid wood cabinetry, and a breakfast bar that flows into the dining area. Feature lighting enhances the dining room and second primary suite tray ceiling, adding warmth and ambiance. The layout offers flexibility with two private bedroom suites, including a spacious primary suite with walk-in closet, freestanding soaking tub, and separate glass shower. A 3rd guest bathroom includes a private sauna, creating a relaxing spa-like feature rarely found in comparable homes. Outdoor living is where this home shines. The expansive covered lanai with wood plank ceiling and outdoor kitchen is perfect for entertaining. The screened pool area features a saltwater pool with electric heater and a dramatic multi-tier tropical waterfall with accent lighting, creating a resort-style backyard built for lasting memories. The white vinyl, fully fenced, private backyard includes fruit producing mango, coconut, and citrus trees along with a large shed for significant extra storage. Recent improvements include NEW ROOF (NOV 2022), POOL RESURFACED with new glass tile (2024) exterior paint (2024), new privacy fencing & POOL HEATER (2023), new garage door (2021), and new ELECTRIC PANEL (2025). Also includes smart home features such as 2 Ring security cameras, Nest smart thermostat, and MyQ WiFi-enabled garage door system. Located minutes from Tarpon Point Marina, waterfront restaurants, and the Rotary Park nature trails, this home offers excellent location, lifestyle, and investment potential. With its established rental history, prime location, and turnkey setup, it presents a unique opportunity as a full-time residence, seasonal retreat, or vacation rental.
Full Property Details
Full Property Details for 5940 SW 1st Ct
General
- Price: $575,000
- Taxes: (2025)
- Status: Pending
- Type: Single Family
- Source: Bonita_Springs
- MLS ID: 2026011093
- Updated: 3/18/2026
- Added to Site: 32 day(s) ago
Interior
- Interior Features: Split Bedrooms, Den - Study, Family Room, Built-In Cabinets, Wired for Data, Pantry, Vaulted Ceiling(s), Walk-In Closet(s)
- Fireplace: Yes
- Appliances: Electric Cooktop, Dishwasher, Dryer, Microwave, Refrigerator with Icemaker, Washer
- Furnishings: Turnkey
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
- Primary Bathroom: 2 Masters, Dual Sinks, Separate Tub And Shower
Bedrooms
- Total Bedrooms: 4
- Primary Bedroom: Two Master Suites, Master BR Ground
Other Rooms
- Kitchen: Pantry
- Dining Room: Breakfast Bar, Dining - Family
- Laundry: Inside, Sink
Additional Information
- Shared Amenities: None, Non-Gated
- Pool: Yes
- Private Pool: Yes
- Pool Description: In Ground, Concrete, Custom Upgrades, Equipment Stays, Electric Heat, Screen Enclosure
- Security/Safety: Smoke Detector(s), Smoke Detectors
Exterior
- Exterior Features: Gas Grill, Outdoor Grill, Outdoor Kitchen, Automatic Sprinkler, Water Display
- Porch/Patio/Deck: Screened Lanai/Porch, Patio
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: 2+ Spaces, Driveway Paved, Garage Door Opener, Attached
Location
- Area: CC21 - Cape Coral Unit 3, 30, 44, 6
- County: Lee
- Subdivision: CAPE CORAL
- Building Name: CAPE CORAL
- Driving Directions: GPS is typically best. Feel free to call if you would like specific directions from a given location.
- 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: Ceiling Fan(s), Central Electric
- Heating Type: Central Electric, Fireplace(s)
Utilities
- Sewer: Assessment Paid, Central
- Water: Assessment Paid, Central
- Cable Available: Yes
- Utility Description: Cable Available
Structural Information
- Description/Design: Single Family Residence
- Exterior Const.: Wood Frame, Stucco, Wood Siding
- Roof: Shingle
- Windows: Arched, Shutters
- Doors: French Doors
- Entry Floor Number: 1
- Stories/Levels: 1
- Stories in Building: 1
- Square Feet: 2,194
- Sq. Ft. Source: Property Appraiser Office
- Living Area: 2,194 Sq. Ft.
- Year Built: 1989
Lot Features
- Property View: Landscaped Area, Pool/Club, Water Feature
- Lot Size (Acres): 0.278
- Lot Size (Sq. Ft.): 12,109
- Lot Size Source: Property Appraiser Office
- Lot Dimensions: 80 x 80 x 151 x 151
- Frontage: Public Road
- Frontage Feet: 80
- Street/Road Desc.: Paved
- Road Maintenance: City Maintained
- Irrigation System: Assessment Paid, Central
- Lot Features: Across From Waterfront, Oversize
- Trees/Vegetation: Fruit Trees
- Zoning: R1-D
- Lot Description: Across From Waterfront, Oversize
Water Features
- Water Front Desc.: None
- Canal Width: None
Financial Considerations
- Tax Year: 2025
- Terms: Buyer Finance/Cash, FHA, VA Loan
Disclosures and Reports
- Ownership: Single Family
- Legal Description: CAPE CORAL UNIT 3 PT 1 BLK 205 PB 16 PG 138 LOTS 13 + 14
- Property ID: 23-45-23-C3-00205.0130
- Section: 23
- Block: 205
- Lot Number: 13
Listed by Sellstate Priority Realty
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Schools
Schools serving 5940 SW 1st Ct
School District:Lee County School District, Fort Myers, FL
| Name | Grades | Distance |
|---|---|---|
Cape Elementary School 4519 Vincennes Boulevard, Cape Coral, FL 33904 | K-5 | 2.7 mi |
Pelican Elementary School 3525 Southwest 3rd Avenue, Cape Coral, FL 33914 | K-5 | 3.2 mi |
Gulf Elementary School 3400 Southwest 17th Place, Cape Coral, FL 33914 | K-5 | 4.1 mi |
Gulf Middle School, Cape Coral, FL 1809 Southwest 36th Terrace, Cape Coral, FL 33914 | 6-8 | 3.9 mi |
Trafalgar Middle School 2120 Trafalgar Parkway, Cape Coral, FL 33991 | 6-8 | 6.1 mi |
Ida S. Baker High School 3500 Agualinda Boulevard, Cape Coral, FL 33914 | 9-12 | 4.1 mi |
Cape Coral High School 2300 Santa Barbara Boulevard, Cape Coral, FL 33991 | 9-12 | 4.8 mi |
Mariner High School 701 Chiquita Boulevard North, Cape Coral, FL 33993 | 9-12 | 8.8 mi |
North Fort Myers High School 5000 Orange Grove Boulevard, North Fort Myers, FL 33903 | 9-12 | 9.4 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 5940 SW 1st Ct
Date
Details
Price
Change
Source
3/05/2026
Listed
$575,000
13.86%
MLS
1/18/2022
Sold
$505,000
—
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 5940 SW 1st Ct
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,885
-40%
$382,607
-11%
2024
$9,833
6%
$430,038
9%
2023
$9,302
73%
$394,191
38%
2021
$5,385
-12%
$285,652
-33%
2022
$6,091
13%
$423,258
73%
2021
$5,385
5%
$244,669
-1%
2018
$5,151
5%
$247,122
1%
2017
$4,927
8%
$243,847
8%
2016
$4,571
10%
$225,683
19%
2015
$4,168
8%
$189,997
13%
2014
$3,855
-23%
$168,787
-32%
2019
$5,035
44%
$247,099
58%
2013
$3,502
—
$155,991
—
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 5940 SW 1st Ct
5940 SW 1st Ct, Cape Coral, FL 33914 (MLS# 2026011093) is a Single Family property with 4 bedrooms and 3 full bathrooms. 5940 SW 1st Ct is currently listed for $575,000 and was received on March 05, 2026. Want to learn more about 5940 SW 1st Ct? 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.

