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Welcome to your slice of paradise in Southwest Florida. Nestled on one of the most beautiful royal palm tree-lined streets in Cape Coral, just off Pelican Blvd on the way to Tarpon Point, this beautifully maintained 2-bedroom, 2-bath Gulf access waterfront home on an oversized lot with straight views of the canal offers many ideas for add-ons and the ultimate Florida lifestyle.
With no bridges or locks, you can be in open water in just 7 minutes — a true boater’s dream. This hurricane-surviving home has been lovingly cared for and thoughtfully upgraded throughout, making it move-in ready, investment-friendly, and packed with value.
Enjoy peace of mind with major updates including: AC (2026), heated saltwater pool (2017), pool heater (2021), pool pump (2023), pool filter (2024), hurricane impact windows (2017), hurricane impact garage door (2018), refrigerator/dishwasher/washer (2024), hot water heater (2021), lanai pavers (2017), fencing (2019), and a 14,000 lb boat lift with a brand new black canopy never installed.
Your days begin with a morning swim in the heated saltwater pool, followed by kayaking through scenic canals or fishing from your private dock. The expansive patio enjoys full sun all day, while the covered lanai creates the perfect setting for grilling, entertaining, and relaxing with friends and family. Spend your evenings cruising to waterfront restaurants by boat, watching unforgettable Southwest Florida sunsets, then return home to beautifully lit tropical landscaping, an evening swim, or football by the outdoor TV beside the fire pit.
One of the standout features of this property is the exceptional outdoor space. The oversized side yard offers endless possibilities for horseshoe pits, outdoor games, additional entertaining areas, or even the opportunity to build an additional structure with approval. Very few homes in SWFL offer this amount of usable outdoor living space.
For investors, this property has also been a successful short-term rental and is being offered furnished/turnkey.
The location is unbeatable for boating enthusiasts and Florida adventurers alike. Spend your days exploring waterfront restaurants, Captiva Island, Sanibel Island, Naples, Lover’s Key, or anchoring near Fort Myers Beach for a fun day on the water.
Nearby destinations include:
Tarpon Point Marina – 5 minutes (can also access by boat)
Cape Harbour Marina – 8 minutes (can also access by boat)
Cape Coral Beach – 8 minutes
Downtown Cape Coral (47th Terrace dining & entertainment district) – 8 minutes
Fort Myers International Airport – 40 minutes
Punta Gorda Airport – 40 minutes
Fort Myers Beach - 30 minutes (can also access by boat)
Whether you’re searching for a full-time residence, vacation home, income-producing property, or future dream-home site, this property offers incredible flexibility and opportunity.
This is not a tear down but can be if you would like to build your dream home.
Property Details
Price: $550,000
Sq Ft: 1,273
($432 per
sqft)
Bedrooms: 2
Bathrooms: 2
City: Cape Coral
County: Lee
Type: Single Family
Development: Cape Coral
Acres: 0.2630
Virtual Tour/Floorplan:
View
Year Built: 1964
Listing Number: 2026023218
Status Code: A-Active
Taxes: $7,702.59
Tax Year: 2025
Application Fee: $0.00
Garage:
1
/
Y
Furnishings: Turnkey
Pets Allowed: Yes
Interior Features:
Window Coverings
Fireplace
Smoke Detectors
Walk- In Closet(s)
Amenities:
None
Financial Information:
Taxes: $7,702.59
Tax Year: 2025
Exterior Features:
Boat Canopy/ Cover
Boat Dock Private
Boat Lift
Screened Lanai/ Porch
Built- In Gas Fire Pit
Outdoor Shower
Equipment:
Self Cleaning Oven
Washer
Disposal
Dryer
Grill - Gas
Microwave
Range
Refrigerator/ Freezer
Dishwasher
View:
Y
Waterfront Description:
Canal Front
Additional Information:
Building Description: Ranch, Single Family
Community Type: No Subdivision
MLS Area: Cape Coral
Total Square Footage: 1,604
Total Floors: 1
Water: Assessment Paid
Construction: Concrete Block
Short Sale: No
Date Listed: 2026-05-24 00:00:00
Pool: Y
Pool Description: Below Ground, Concrete, Custom Upgrades, Equipment Stays, Electric Heat, Salt Water, Screen Enclosure, See Remarks
Furnished: Turnkey
Windows: Window Coverings
Parking: Attached
Garage Description: Y
Garage Spaces: 1
Attached Garage: Y
Flooring: Tile
Roof: Tile
Heating: Central Electric
Cooling: Ceiling Fan(S), Central Electric
Fireplace: Y
Storm Protection: Impact Resistant Doors, Impact Resistant Windows
Security: Smoke Detector(S)
Laundry: In Garage
Irrigation: Assessment Paid, Central
Pets: Yes
Restrictions: None
Maintenance: None
Lot Desc.: Corner Lot, Oversize
Amenities: None
Map of 171 51St Ter Sw, Cape Coral, FL 33914
Listing Courtesy Of: Marzucco Real Estate
nicdiz50@gmail.com