4 Beds
2 Baths
2,402 sqft
$519,000
1204 SE 5th TER, Cape Coral FL, 33990
Price per sqft$216.07
Built in2003
Property size2,402 sqft
Property typeResidential
Overview
Active
Listed May 3, 2026
Updated 2 days ago
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.
$3,453/mo
Est. mortgage payment based on a $519,000 home price.
All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.
Additional information
- MLS® ID
- 2026019507
Interior Features
- Bedrooms
- 4
- Bathrooms
- 2
- Cooling
- Yes
- Heating
- Yes
- Basement
- No
Exterior Features
- Lot Size
- 0.23 Acres
Other Property Details
- Taxes
- $8,613
- Tax Frequency
- Annually
- Secondary Association Fee
- Not Listed
- Garage
- Yes
- View
- Yes
- Pets Allowed
- Yes
- Pool
- Yes
- Waterfront
- Yes
- 55+/Senior Community
- No
Listed by Valerie Peterson, Allison James Estates & Homes
Listing Contact: 239-470-5901
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Sweet South Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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Data last updated 4:39 AM UTC, 10/8/2026