For Sale House MLS# 2026019507

1204 SE 5th TER

CAPE CORAL, FL 33990

$539,000

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About 1204 SE 5th TER

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 details

Property

Type
Single Family Residence
MLS type
Single Family Home
Status
Active
Year built
2003
Stories
1
Living area
2,402 sqft
Price / sqft
$224
Lot
0.23
Full baths
2
Furnished
Unfurnished
Original price
$539,000
MLS #
2026019507

Interior

Features
true, Central Electric, Dining - Family, Eat-in Kitchen, Formal, Laundry Tub, Laundry in Residence, Laundry Tub, Laminate, Tile, Dryer, Microwave, Refrigerator/Freezer
Appliances
Dryer, Microwave, Refrigerator/Freezer
Flooring
Laminate, Tile
Heating
true, Central Electric
Cooling
true, Central Electric
Laundry
Laundry in Residence, Laundry Tub

Exterior & lot

Features
Below Ground, Concrete, Ranch, Single Family, Concrete Dock, Dock Included, Attached, Parking spaces: 2
Construction
Concrete Block, Stucco, 1, Concrete Block, Shingle
Roof
Shingle
Foundation
Concrete Block
Lot
Canal, View, R1, CAPE CORAL UNIT 16 BLK 1439 PB 13 PG 81 LOTS 88 + 89, 18-44-24-C4-01439.0880, Fenced, Deeded, No Commercial
Fence
Fenced
View
Canal
Pool
Below Ground, Concrete
Waterfront
Canal Front
Parking
Attached
Garage spaces
2

Schools

District
Lee County School District

Utilities

Utilities
Assessment Paid
Water
Assessment Paid
Security
Security System, Smoke Detector(s)

Financial

Financial
Florida Gulf Coast
Annual tax
$8,613
Tax year
2025
Parcel
18-44-24-C4-01439.0880
Legal
CAPE CORAL UNIT 16 BLK 1439 PB 13 PG 81 LOTS 88 + 89

Location

Subdivision
CAPE CORAL
Area
CAPE CORAL
County
Lee
Neighborhood
Shamrock Lakes
Community
Lee, 0.0, Florida Gulf Coast

Location

Neighborhood
Shamrock Lakes
Subdivision
CAPE CORAL
School district
Lee County School District

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Listed by Valerie Peterson, Allison James Estates & Homes

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.