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509 NE 5th Terrace Cape Coral, FL $ 695,000
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$ 695,000 Get more info
509 NE 5th Terrace
$ 695,000
Back to search
Share Save

509 NE 5th Terrace

Cape Coral, FL, 33909
$ 695,000
Bedrooms3 Baths3.0 Sq 1,999

Monthly Estimate*

$ 4,279

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Single Family Home for sale in Cape Coral, FL

for $695,000 with 3 bedrooms and 3 full baths. This 1,999 square foot home was built in 2023 on a lot size of 0.278.

2024 Construction Pool/Spa Home! This stunning home, approximately 2,000 sq. ft., is ideally situated on an oversized 0.28-acre lot at the intersection of a freshwater canal in one of Cape Coral's most desirable areas. The open-concept layout features high-end finishes throughout, including beautiful natural marble in all bathrooms and bedrooms. Quality construction details include a premium metal roof, hurricane-proof windows, insulated garage doors, and an AC-equipped garage, offering added comfort and energy efficiency. Enjoy captivating water views from multiple locations on the property, abundant natural light, and seamless indoor-outdoor living ideal for entertaining. The inviting pool and spa feature a travertine deck and full screen enclosure for year-round enjoyment, while the outdoor kitchen enhances both the appeal and functionality of the space. Additional highlights include a spacious driveway, city water and sewer with all assessments paid at closing, and a 240-foot concrete seawall that enhances the property's aesthetics and provides long-term protection. The home is located outside flood zones and wetlands for added peace of mind. The foundation has been insulated with a specialized rubberized sealer to prevent moisture intrusion, and the interior walls are insulated with fiberglass to enhance privacy.

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Single Family Active

Price

$ 695,000

Bedrooms

3

Full Bath

3

Property Type

Single Family

Taxes

$ 11,168

Style

Ranch, One Story

Lot Size

0.278

Year Built

2023

Town/City

Cape Coral

County/Region

Lee

MLS | Web ID

2026001465
Features
General
Sewer Assessment Unpaid Public Sewer
Heating Central Electric
Cooling Central Air Electric Wall Unit(s)
Utilities Cable Available
Possession Close Of Escrow
Roof Metal
Appliances Dryer Dishwasher Electric Cooktop Disposal Microwave Range Refrigerator Trash Compactor
HOA Fee 0
Garage Spaces 3
Association Fee Includes None
Patio/Porch Features Deck Lanai Open Patio Porch Screened
Architectural Style Ranch One Story
Pool Features Concrete Outside Bath Access Pool Equipment Screen Enclosure
Security Features Smoke Detector(s)
Construction Materials Block Concrete Stucco
Pets Allowed Yes
Year Built 2023
View Canal Water
Stories Count 1
Property Subtype Single Family Residence
Tax Year 2024
Ownership Single Family
Waterfront Features Canal Access Intersecting Canal Seawall
Community Features Non-Gated
HOA Fee 2 0
County Lee
Property Type Residential
Association Amenities None
HOA false
Attached Garage true
Subdivision Name CAPE CORAL
Facing Direction East
Garage Y/N true
Full Baths 3
Status Active
Directions Pine Island Rd to North on Santa Barbara Blvd to Right on NE 5th Ter to 509 on the Left.
City Cape Coral
Disclosures Owner Has Flood Insurance Owner Is Listing Agent
Land Lease Amount 0
Senior Community Y/N false
Zoning Description R1
MLS Area CC31 - Cape Coral Unit 17 31-36
Lot Size Units Acres
Carport Spaces 0
Carport Y/N false
Tax Annual Amount 11168.4
Property Condition Resale
Virtual Tour https://www.propertypanorama.com/instaview/fgcmls/2026001465
Standard Status Active
Tax Lot 37
Property Sub Type Additional Single Family Residence
Legal Description CAPE CORAL UNIT 35 BLK 2398 PB 16 PG 107 LOTS 37 + 38
HOA Fee 3 0
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Interior
Interior Amenities Breakfast Bar Bedroom on Main Level Family/Dining Room Kitchen Island Living/Dining Room Multiple Shower Heads Pantry Cable TV
Flooring Marble Tile
Furnished Y/N Unfurnished
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Window Features Single Hung Impact Glass
Half Baths 0
Laundry Features Inside
Total Bedrooms 3
Entry Level 1
Room Type Den Screened Porch Great Room
Total Baths 3
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Exterior
Exterior Amenities Deck Fence Sprinkler/Irrigation Outdoor Kitchen Patio
Parking Features Attached Driveway Garage Paved Two Spaces Garage Door Opener
Lot Features Corner Lot Dead End Irregular Lot Oversized Lot Sprinklers Automatic
Water Source Assessment Unpaid Public
Lot Size Area 0.278
Spa false
Building Area Total 3211
Lot Dimensions 125 x 147 x 85 x 119
Lot Size Acres 0.278
Road Surface Type Paved
Private Pool true
Lot Size Source Appraiser
Waterfront Y/N true
Covered Spaces 3
Road Responsibility Public Maintained Road
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* Excluded Features
List By
Mark Hetrick

Listing Agent

List In Mls Realty, Llc

Broker

mark@listinmls.com

Email

Affordability Calculator

$5,210
Per Month
82%
18%
0%
Monthly Principal & Interest
$4,279
Monthly Property Taxes
$931
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/12/2026$695,000 -4.14% Price Down
2/20/2026$725,000 Listed Price

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509 NE 5th Terrace, Cape Coral, FL, 33909 is a Single Family Home for sale at $695,000 with 1,999 sqft and a lot size of 0.278. 509 NE 5th Terrace has 3 bedrooms, 3.0 baths, and was built in 2023. The property's zip code is 33909 which is in Cape Coral, FL

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