Single Family Residence
$575,000
▼ $4,900 (1%)4
Beds
2
Baths
1,996
Sqft
Est. $3,560/mo · Get pre-qualified
Welcome to one of the best values in Cape Coral! Situated on an incredible ½-acre fenced waterfront lot with 165 feet of freshwater canal frontage, this extensively renovated 4-bedroom, 2-bath pool home offers features that are nearly impossible to find at this price. Best of all, ALL CITY ASSESSMENTS ARE PAID and the home is located in a NON-FLOOD ZONE, saving you thousands. Every inch of this home has been thoughtfully updated, featuring gorgeous porcelain tile throughout, fresh interior paint, beautifully remodeled bathrooms, and a designer kitchen with all-wood cabinetry, custom storage, a coffee and wine bar, and built-in wine cooler. The attention to detail and pride of ownership are evident from the moment you walk in. Outside is where this property truly stands apart. Enjoy your private pool and hot tub, relax under the Sunbrella electric shade, or take advantage of the massive fenced backyard with room to store your boat, RV, trailer, and all your toys behind the privacy fence. A dedicated dog run, mature mango, banana, and avocado trees, and a brand-new 165-foot seawall complete this one-of-a-kind outdoor retreat. Major upgrades include paid-off solar panels, whole-house reverse osmosis, a 2-year-old A/C, impact sliding glass doors, plantation shutters, accordion hurricane shutters, Kevlar garage screen, epoxy garage floor, and an electric tankless water heater. Renovated. Waterfront. Half-acre lot. Assessments paid. Opportunities like this are exceptionally rare—don't miss your chance to own one of Cape Coral's most unique and move-in-ready waterfront properties.
58 days on market · Listing updated August 21, 2026
| Date | Event | Price |
|---|---|---|
| Aug 21, 2026 | Price change | $575,000 |
| Jul 2, 2026 | Original list price | $625,000 |
Reflects listing data on file, not a complete transaction history.
Listed by Jenn Spears, RE/MAX Realty Team
Co-listed by Bob Ashworth, RE/MAX Realty Team
$575,000
223 NW 5th TER, CAPE CORAL
$3,560
est. monthly payment
Estimate only — actual payment depends on your lender, credit profile, and final loan terms.
The data relating to real estate for sale displayed on this Website comes in part from the Multiple Listing Service of the Bonita Springs-Estero Association of REALTORS®, Inc., under License No. BK3468074. Properties displayed on this Website include properties listed with brokerage firms other than Sands Real Estate & Property Management. Detailed information about such properties includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties listed with brokerage firms participating in the Bonita Springs-Estero Association of REALTORS® Multiple Listing Service, or contained in the database compilation of the Bonita Springs-Estero Association of REALTORS® Multiple Listing Service.