1204 5 Ter
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.
Listing Information
Facts & Features
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Community Information
Architecture
Features & Amenities
Property Features
Square Footage
Tax & Financial Information
Schools
Cape Coral High School
Diplomat Middle School
Caloosa Elementary School
North Nicholas High School
Diplomat Elementary School
Caloosa Middle School
Challenger Middle School
Tropic Isles Elementary School
School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.
Historical Data
Price History
| Date | Event | Price |
|---|---|---|
| 05/03/2026 | Listed for sale | $539,000 |
Listed by Valerie Peterson · Allison James Estates & Homes · 9415004922
Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, Naples Area Board of REALTORS. All rights reserved.
Last Updated: August 9, 2026 at 6:46 PM | Source: Naples Area Board of REALTORS | MLS#: 2026019507
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