1204 SE 5th Terrace $539,000

Updated
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.
General Amenities
Interior Amenities
Exterior Amenities
Landscape Amenities
Community Amenities
Appliance Amenities
Accessibility Amenities
Beds
4
Baths
2.00
Ft2
2,402
Lot Acres
0.23
Year Built
2003
Cooling
CentralAir,Electric
Roof
Shingle
Virtual Tour
1204 SE 5th Terrace
Cape Coral, Florida 33990
United States
Subdivision: CAPE CORAL
County: Lee
Sale Type: For Sale
Ref #: 2026019507
Last Updated: Sunday, 19 July 2026 09:11
Listed by Allison James Estates & Homes [For Sale]
Beds
4
Baths
2.00
Ft2
2,402
Lot Acres
0.23
Heat
Central,Electric
Cooling
CentralAir,Electric
Roof
Shingle
Year Built
2003
Garage Size
2
Frontage
Yes
Beds
4
Baths
2.00
Ft2
2,402
Lot Acres
0.23
Year Built
2003
Cooling
CentralAir,Electric
Roof
Shingle
Virtual Tour
1204 SE 5th Terrace
Cape Coral, Florida 33990
United States
Subdivision: CAPE CORAL
County: Lee
Sale Type: For Sale
Ref #: 2026019507
Last Updated: Sunday, 19 July 2026 09:11
Listed by Allison James Estates & Homes [For Sale]