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$560,000
Monthly Est:$2,787
4 Beds
- 2 Baths
2 full baths
1,996sqft
223 NW 5th Terrace, Cape Coral, FL 33993
$560,000
$2,787/moEst:
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Single Family Residence
Built in 2007
$-- HOA
0.46 acre lot
$281/sq.ft
Description
Welcome to one of the best values in Cape Coral! Situated on an incredible ½-acre fenced waterfront lot with 165 feet of freshwater canal frontage, this extensively renovated 4-bedroom, 2-bath pool home offers features that are nearly impossible to find at this price. Best of all, ALL CITY ASSESSMENTS ARE PAID and the home is located in a NON-FLOOD ZONE, saving you thousands.
Every inch of this home has been thoughtfully updated, featuring gorgeous porcelain tile throughout, fresh interior paint, beautifully remodeled bathrooms, and a designer kitchen with all-wood cabinetry, custom storage, a coffee and wine bar, and built-in wine cooler. The attention to detail and pride of ownership are evident from the moment you walk in.
Outside is where this property truly stands apart. Enjoy your private pool and hot tub, relax under the Sunbrella electric shade, or take advantage of the massive fenced backyard with room to store your boat, RV, trailer, and all your toys behind the privacy fence. A dedicated dog run, mature mango, banana, and avocado trees, and a brand-new 165-foot seawall complete this one-of-a-kind outdoor retreat.
Major upgrades include paid-off solar panels, whole-house reverse osmosis, a 2-year-old A/C, impact sliding glass doors, plantation shutters, accordion hurricane shutters, Kevlar garage screen, epoxy garage floor, and an electric tankless water heater.
Renovated. Waterfront. Half-acre lot. Assessments paid. Opportunities like this are exceptionally rare—don't miss your chance to own one of Cape Coral's most unique and move-in-ready waterfront properties.
- Houzeo last checked: 1 minute ago
- Listing updated: October 2, 2026 at 5:21 pm
- Listing Provided by: Jenn Spears (239) 218-3250 DRE #258028717, Bob Ashworth (239) 898-2716 DRE #455013742 | RE/MAX Realty Team (239) 242-2000
- Source: Florida Gulf Coast MLS, Fort Myers-FL | MLS#: 2026019246

Property Details
Status
Active
Type
Single Family Residence
No. of Stories
1
County
City
Neighborhood
--
Year Built
2007
HOA Fees
-
Finished Area
1,996 sqft
Lot Size
0.46 acre lot
Basement Area
- sqft
MLS Name
Florida Gulf Coast MLS, Fort Myers
MLS Number
2026019246
MLS Status
Active
Days on Market
124
Cumulative Days on Market
92

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 2
Interior
Flooring
Tile
Appliances
Dishwasher, Freezer, Microwave, Refrigerator, Self Cleaning Oven, Tankless Water Heater, Wine Cooler, Water Purifier, Washer
Interior Features
Bathtub, Tray Ceilings, Dual Sinks, Eat In Kitchen, Family Dining Room, Living Dining Room, Pantry, Separate Shower, Vaulted Ceilings, Bar, Walk In Closets, Window Treatments, Split Bedrooms
Sewer
Assessment Paid
Window Features
Double Hung, Shutters, Window Coverings
Cooling
Central Air, Electric
Heating
Central, Electric
Exterior Features
Security High Impact Doors, Patio
Construction
Year Built
Year Built: 2007
Home type
Single Family Residence
Architectural Style
Ranch, One Story
Construction Materials
Block, Concrete, Stucco
Property Condition
Resale
Roof
Built Up, Flat, Shingle
Utilities & Energy
Water Source
Assessment Paid
Laundry Features
Inside, Laundry Tub
Parking Features
Attached, Garage, Garage Door Opener
Pool Features
Concrete, In Ground
Association Amenities
None
Utilities
Cable Available, High Speed Internet Available
Other Features
Lot Features
Oversized Lot
Patio And Porch Features
Lanai, Patio, Porch, Screened
Community Features
Boat Facilities, Non Gated, None
Subdivision Name
Cape Coral
Price History
| Date | Event | Price |
|---|---|---|
09/22/2026 Source: | Price Decreased | $560,000 -0.88% $281/sqft |
09/09/2026 Source: | Price Decreased | $565,000 -1.74% $283/sqft |
07/27/2026 Source: | Price Decreased | $575,000 -0.84% $288/sqft |
07/21/2026 Source: | Price Decreased | $579,900 -3.19% $291/sqft |
07/07/2026 Source: | Price Decreased | $599,000 -4.16% $300/sqft |
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Based on information from the Florida Gulf Coast Multiple Listing Service, Inc. through Nov 04, 2026, 06:45AM. 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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