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1204 SE 5th Terrace, 
Cape Coral, FL 33990

$539,000

4

Beds

2

Baths

2,402

Sq Ft

Single Family

Virtual Tour

Active

Listed by

Valerie Peterson

Allison James Estates & Homes

Last updated:

May 5, 2026, 02:53 PM

MLS#

2026019507

Source:

FL GFMB

About This Home

1204 SE 5th Terrace

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. Priced to sell....Call for a personal tour.

Home Facts

Single Family

2 Baths

4 Bedrooms

Built in 2003

Price Summary

539,000

$224 per Sq. Ft.

MLS #:

2026019507

Last Updated:

May 5, 2026, 02:53 PM

Added:

3 day(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

2,402 Sq. Ft.

Structure

Structure

Architectural Style:

One Story, Ranch

Building Area:

2,881 Sq. Ft.

Year Built:

2003

Finances & Disclosures

Finances

Price:

$539,000

Price per Sq. Ft:

$224 per Sq. Ft.

Source:FL GFMB
The source of the information about real property available for sale or rent is the copyrighted and proprietary database of the Florida Gulf Coast Multiple Listing Service, Inc.. Copyright 2026 Florida Gulf Coast Multiple Listing Service, Inc.; all rights reserved. The data is provided by the IDX Program, and the Information is Deemed Reliable But Not Guaranteed.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.