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$699,900
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Property Description
Investor Special on the 8 Lakes! Here's your opportunity to own a spacious 4 bedroom, 3 full baths, 3,000+ sqft waterfront home in one of Cape Coral's most desirable and prestigious neighborhoods. This property is brimming with potential and ready for a full renovation, from the interior to the pool area. The composite dock is in excellent shape, and the roof was just replaced in 2023, providing a strong foundation for your remodel or rebuild vision. Situated on the wide, gulf-access waters of the 8 Lakes, this home offers stunning views and endless possibilities. With updated homes in this area commanding top dollar, this is a rare chance to create serious equity in a dream location. Bring all offers! Motivated seller! Prime water frontage, a solid structure, and a clean slate! This is the project you've been waiting for!
Full Property Details
Full Property Details for 719 SW 51st Terrace
General
- Price: $699,900
- Taxes: (2024)
- Status: Active
- Type: Single Family
- Source: Bonita_Springs
- MLS ID: 225049052
- Updated: 12/10/2025
- Added to Site: 240 day(s) ago
Interior
- Interior Features: Built-In Cabinets, Vaulted Ceiling(s)
- Appliances: None
- Furnishings: Unfurnished
- Flooring: Vinyl
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
- Primary Bathroom: Dual Sinks
Bedrooms
- Total Bedrooms: 4
- Primary Bedroom: Master BR Ground
Other Rooms
- Kitchen: Kitchen Island
- Dining Room: Eat-in Kitchen, Breakfast Bar
- Laundry: Inside
Additional Information
- Shared Amenities: None, No Subdivision
- Pool: Yes
- Private Pool: Yes
- Pool Description: In Ground, Screen Enclosure
Exterior
- Exterior Features: Boat Lift, Dock Included, Screened Balcony
- Porch/Patio/Deck: Screened Lanai/Porch, Patio
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Attached
Location
- Area: CC21 - Cape Coral Unit 3, 30, 44, 6
- County: Lee
- Subdivision: CAPE CORAL
- Building Name: CAPE CORAL
- Driving Directions: Coming from Burnt Store Rd South, Continue onto Veterans Memorial Pkwy/Veterans Pkwy, Turn right onto Chiquita Blvd S, Use the left 2 lanes to turn left onto Cape Coral Pkwy W, Continue on Skyline Blvd. Drive to SW 51st Terrace. Make a left onto SW 51st Terrace, home is on the left.
- 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, Wall Unit(s)
- Heating Type: None
Utilities
- Sewer: Assessment Paid
- Water: Assessment Paid
- Utility Description: Cable Not Available
Structural Information
- Description/Design: Single Family Residence
- Exterior Const.: Concrete Block, Stucco
- Roof: Shingle
- Windows: Other
- Doors: French Doors
- Stories/Levels: 2
- Stories in Building: 2
- Square Feet: 3,009
- Sq. Ft. Source: Property Appraiser Office
- Living Area: 3,009 Sq. Ft.
- Year Built: 1981
Lot Features
- Property View: Lake
- Lot Size (Acres): 0.24
- Lot Size (Sq. Ft.): 10,454
- Lot Size Source: Property Appraiser Office
- Lot Dimensions: 85 x 85 x 125 x 125
- Frontage Feet: 85
- Street/Road Desc.: Paved
- Irrigation System: None
- Lot Features: Regular
- Zoning: R1-W
- Lot Description: Regular
Water Features
- Water Front: Yes
- Gulf Access: Yes
- Water Front Desc.: Lake Front
- Lake Front: Yes
- Canal Width: None
Financial Considerations
- Tax Year: 2024
- Terms: Cash
Disclosures and Reports
- Ownership: Single Family
- Legal Description: CAPE CORAL UNIT 44 PT 1 BLK 4548 PB 21 PG 118 LOTS 24 + 25
- Property ID: 14-45-23-C1-04548.0240
- Section: 14
- Block: 4548
- Lot Number: 24
Listed by Marina Park Realty LLC
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Schools
Schools serving 719 SW 51st Terrace
School District:Lee County School District, Fort Myers, FL
| Name | Grades | Distance |
|---|---|---|
Pelican Elementary School 3525 Southwest 3rd Avenue, Cape Coral, FL 33914 | K-5 | 2.1 mi |
Gulf Elementary School 3400 Southwest 17th Place, Cape Coral, FL 33914 | K-5 | 2.7 mi |
Cape Elementary School 4519 Vincennes Boulevard, Cape Coral, FL 33904 | K-5 | 2.7 mi |
Gulf Middle School, Cape Coral, FL 1809 Southwest 36th Terrace, Cape Coral, FL 33914 | 6-8 | 2.5 mi |
Challenger Middle School, Cape Coral, FL 624 Trafalgar Parkway, Cape Coral, FL 33991 | 6-8 | 4.5 mi |
Trafalgar Middle School 2120 Trafalgar Parkway, Cape Coral, FL 33991 | 6-8 | 4.7 mi |
Ida S. Baker High School 3500 Agualinda Boulevard, Cape Coral, FL 33914 | 9-12 | 2.7 mi |
Cape Coral High School 2300 Santa Barbara Boulevard, Cape Coral, FL 33991 | 9-12 | 3.7 mi |
Mariner High School 701 Chiquita Boulevard North, Cape Coral, FL 33993 | 9-12 | 7.5 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 719 SW 51st Terrace
Date
Details
Price
Change
Source
8/26/2025
Price Reduced
$699,900
-6.68%
MLS
6/18/2025
Price Reduced
$750,000
-6.25%
MLS
5/23/2025
Listed
$800,000
-30.43%
MLS
5/26/2022
Sold
$1,150,000
—
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 719 SW 51st Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,635
-20%
$691,459
-13%
2024
$13,319
-11%
$796,244
-11%
2023
$14,942
98%
$890,129
66%
2021
$7,529
4%
$534,676
19%
2022
$7,215
-4%
$451,161
4%
2021
$7,529
—
$431,972
4%
2018
$7,513
—
$414,387
-2%
2019
$7,479
—
$422,260
4%
2017
$7,478
1%
$405,864
2%
2016
$7,414
-2%
$397,516
-10%
2015
$7,530
-2%
$441,423
—
2014
$7,653
3%
$441,799
12%
2013
$7,460
—
$393,406
—
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 719 SW 51st Terrace
719 SW 51st Ter, Cape Coral, FL 33914 (MLS# 225049052) is a Single Family property with 4 bedrooms and 3 full bathrooms. 719 SW 51st Ter is currently listed for $699,900 and was received on May 23, 2025. Want to learn more about 719 SW 51st 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.

