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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
Courtesy of Valerie Peterson, Allison James Estates & Homes, (239) 470-5901

Overview

Active

Listed May 3, 2026

Updated 3 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
Association Fee Frequency
Yearly
Garage
Yes
View
Yes
Pets Allowed
Yes
Pool
Yes
Waterfront
Yes
55+/Senior Community
No
MLS provider logo

The IDX display contains information sourced from the Naples Area Board of REALTORS® as of 10/8/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2026 Naples Area Board of REALTORS® All rights reserved.

Data last updated 4:26 AM UTC, 10/8/2026

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