Ad #7671596
MLS #2026019507
Waterfront - Pool Home with huge screen lanai - Fully updated -
1204 SE 5th Terrace, Cape Coral, Florida, 33990
$539,000
4Beds
2Baths
2,402Sqft
0.230Acres
About this property
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 and 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.
Property Features
4 Beds
2 Baths
2,402 Sqft
Built in 2003
0.230 Acres
1 Story
On Beachfront
Garage, Open
Siding: Block, Concrete, Stucco
Shingle Roof
Has Swimming Pool
Central, Electric (Heating)
$8,613 / yr property tax
Lee County
CAPE CORAL Community
Additional Photos
Contact Information
Valerie Peterson
Allison James Estates and Home
239-470-5901
Location
Listing Agent: Valerie Peterson (License #: 252013438) 239-470-5901
Broker: Allison James Estates and Home 941-500-4922 Listing Site
Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Allison James Estates and Home 941-500-4922 Listing Site
Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BeachHouse.com
Printed Jul 23, 2026
Photo Gallery
$539,000
4
Beds
2
Baths
2,402
Sqft
1204 SE 5th Terrace, Cape Coral, Florida, 33990
By contacting this agent you agree to these Terms and Conditions.
MLS# 2026019507
Waterfront - Pool Home with huge screen lanai - Fully updated -
$539,000
1204 SE 5th Terrace, Cape Coral, Florida, 33990
4
Beds
2
Baths
2,402
Sqft
0.230
Acres
$539,000
1204 SE 5th Terrace, Cape Coral, Florida, 33990
4 Beds
2 Baths
2,402 Sqft
0.230 Acres
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 and 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.
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Property Details
HOME DETAILS
4 Beds
2 Baths
2,402 Sqft
Built in 2003
0.230 Acres
1 Story
BEACH & VIEW
On Beachfront
EXTERIOR
Garage, Open
Siding: Block, Concrete, Stucco
Shingle Roof
Has Swimming Pool
INTERIOR
Central, Electric (Heating)
FINANCIAL & COMMUNITY
$8,613 / yr property tax
Lee County
CAPE CORAL Community
See More Details
Location
Mortgage Calculator
Ad Statistics
Ad Number
7671596
Viewed
28 times
Listing Status
Active
Added
May 04, 2026
Last Refresh
Jul 23, 2026 12:44:39 AM
Listing Information
Data Source
Florida Gulf Coast Multiple Listing Service, Inc.
Source Property ID
2026019507
Listing Agent: Valerie Peterson (License #: 252013438) 239-470-5901
Broker: Allison James Estates and Home 941-500-4922 Listing Site
Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Allison James Estates and Home 941-500-4922 Listing Site
Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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