Pending
Price CutPrice Drop: $20K (10/15)
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Sale Pending at 1204 SE 5th Terrace, Cape Coral, FL 33990 | MLS# 2026019507 | Listing updated on 2026-10-15
Photo 1 of Sale Pending at 1204 SE 5th Terrace, Cape Coral, FL 33990 | MLS# 2026019507 | Listing updated on 2026-10-15
Photo 2 of Sale Pending at 1204 SE 5th Terrace, Cape Coral, FL 33990 | MLS# 2026019507 | Listing updated on 2026-10-15
Photo 3 of Sale Pending at 1204 SE 5th Terrace, Cape Coral, FL 33990 | MLS# 2026019507 | Listing updated on 2026-10-15
Photo 4 of Sale Pending at 1204 SE 5th Terrace, Cape Coral, FL 33990 | MLS# 2026019507 | Listing updated on 2026-10-15
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$519,000

Monthly Est:$2,583

  • Beds Icon4 Beds
  • Beds Icon
    2 Baths
  • Beds Icon2,402sqft

1204 SE 5th Terrace, Cape Coral, FL 33990

$2,583/moEst:

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  • Single Family Residence

  • Built in 2003

  • $-- HOA

  • 0.23 acre lot

  • $216/sq.ft

Description

Waterfront - Pool Home with huge screen lanai - Fully updated - Great Family home, annual rental or short term rental...so many possibilities
Move-IN ready.
Investor-ready 4-bedroom, 2-bath waterfront pool home located in the heart of Cape Coral, offering strong rental appeal and flexible purchase options. Creative stated income options - 3 year old roof.

This property features numerous updates including new flooring and upgraded cabinetry, along with a spacious layout ideal for long-term tenants, seasonal rentals, or a lease option strategy. The primary suite includes a soaking tub and oversized walk-in shower with frameless glass, adding to tenant desirability a
nd resale value.
New roof 2022

Situated on a freshwater canal with access to Shamrock Lakes, the home offers a highly marketable Florida lifestyle—private dock, pool, and mature tropical landscaping—all features that drive premium rental rates and tenant retention.

Prime location near shopping, dining, golf, and entertainment, and just 35 minutes to Fort Myers Beach, making it attractive for both full-time residents and seasonal occupants. This property was under contract however the buyers had a unexpected health issue and were forced to cancel. Excellent opportunity for they waterfront
Pool 4 bedroom home.

  • Houzeo last checked: 1 minute ago
  • Listing updated: October 15, 2026 at 3:00 pm
  • Listing Provided by: Valerie Peterson (239) 470-5901 DRE #252013438 | Allison James Estates & Homes (941) 500-4922
  • Source: Florida Gulf Coast MLS, Fort Myers-FL | MLS#: 2026019507 Florida Gulf Coast MLS, Fort Myers-FL

Property Details

  • Status

    Pending

  • Type

    Single Family Residence

  • No. of Stories

    1

  • County

    Lee County

  • City

    Cape Coral

  • Neighborhood

    --

  • Year Built

    2003

  • HOA Fees

    -

  • Finished Area

    2,402 sqft

  • Lot Size

    0.23 acre lot

  • Basement Area

    - sqft

  • MLS Name

    Florida Gulf Coast MLS, Fort Myers

  • MLS Number

    2026019507

  • MLS Status

    Pending

  • Days on Market

    184

  • Cumulative Days on Market

    165

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 4

    Bathrooms: 2

Interior

  • Window Features

    Casement Windows, Impact Glass

  • Flooring

    Laminate, Tile

  • Cooling

    Central Air, Electric

  • Appliances

    Dryer, Freezer, Microwave, Refrigerator

  • Sewer

    Public Sewer

  • Heating

    Central, Electric

  • Exterior Features

    Fence, Fruit Trees, Security High Impact Doors, Patio

  • Interior Features

    Bathtub, Separate Formal Dining Room, Eat In Kitchen, Family Dining Room, Living Dining Room, Separate Shower, Split Bedrooms

Construction

  • Year Built

    Year Built: 2003

  • Home type

    Single Family Residence

  • Construction Materials

    Block, Concrete, Stucco

  • Property Condition

    Resale

  • Architectural Style

    Ranch, One Story

  • Roof

    Shingle

Utilities & Energy

  • Water Source

    Assessment Paid

  • Pool Features

    Concrete, In Ground

  • Utilities

    Cable Available

  • Laundry Features

    Inside, Laundry Tub

  • Parking Features

    Attached, Garage, Garage Door Opener

  • Association Amenities

    None

  • Security Features

    Security System, Smoke Detectors

Other Features

  • Lot Features

    Rectangular Lot

  • Community Features

    Boat Facilities

  • Subdivision Name

    Cape Coral

  • Patio And Porch Features

    Patio

Price History

DateEventPrice

10/15/2026

Source: mls_logoFlorida Gulf Coast MLS, Fort Myers-FL #2026019507

Pending

$519,000

$216/sqft

10/07/2026

Source: mls_logoFlorida Gulf Coast MLS, Fort Myers-FL #2026019507

Price Decreased

$519,000 -3.71%

$216/sqft

07/19/2026

Source: mls_logoFlorida Gulf Coast MLS, Fort Myers-FL #2026019507

Listed for Sale

$539,000

$224/sqft

05/08/2026

Source: mls_logoFlorida Gulf Coast MLS, Fort Myers-FL #2026019507

Pending

$539,000 +42.59%

$224/sqft

08/21/2023

Source: mls_logoFlorida Gulf Coast MLS, Fort Myers-FL #223028537

Sold

$378,000

$157/sqft

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Based on information from the Florida Gulf Coast Multiple Listing Service, Inc. through Nov 04, 2026, 05:15AM. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified. Some IDX listings have been excluded from this website. © 2026 Florida Gulf Coast Multiple Listing Service - All Rights Reserved.

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