148 SW 38th Terrace Cape Coral, FL $ 699,000
148 SW 38th Terrace
$ 699,000
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148 SW 38th Terrace

Cape Coral, FL, 33914
$ 699,000
Bedrooms3 Baths3.0 Sq 2,217

Monthly Estimate*

$ 4,414

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Single Family Home for sale in Cape Coral, FL

for $699,000 with 3 bedrooms and 3 full baths. This 2,217 square foot home was built in 2003 on a lot size of 0.307.

Discover a truly unique waterfront property in desirable Southwest Cape Coral, situated at the end of a quiet dead-end street with 225 feet of seawall and waterfront on both sides of the oversized lot. With intersecting canal views, southern exposure, and Gulf access, this exceptional property offers an incredible waterfront lifestyle and boating opportunity. The spacious residence features 3 bedrooms, 3 bathrooms, and over 2,200 square feet of living area, with an inviting open-concept floor plan designed for comfortable living and entertaining. The main living area showcases impressive vaulted 14 ft ceilings, tile flooring throughout, and a bright, open feel. The kitchen offers a breakfast bar, stainless steel appliances, and an easy connection to the living spaces. A versatile additional living area currently features a pool table but could easily be used as a formal dining room, game room, office, or flexible entertainment space. The spacious primary suite is a private retreat, offering direct access to the pool area, two walk-in closets, dual sinks, a separate water closet, a soaking tub, and a walk-in shower. Two additional guest bedrooms and two additional bathrooms provide plenty of space for family and guests. A dedicated laundry room includes Samsung front-load washer and dryer. Step outside and enjoy an impressive waterfront oasis featuring a heated pool and spa, an expansive pool deck, and a large covered lanai with plenty of room for outdoor dining and lounging. The oversized lot is the true centerpiece of the property, with waterfront along both sides, two boat lifts, and a catwalk on each side, providing exceptional access and flexibility for boating enthusiasts. The stunning intersecting canal views and southern exposure create a spectacular setting for enjoying Southwest Florida sunsets and outdoor living. Offered turnkey, this property presents an outstanding opportunity as a primary residence, second home, or investment property. A rare combination of an oversized dual-waterfront lot, Gulf access, extensive seawall, boating amenities, heated pool and spa, and a prime Southwest Cape Coral location makes this property one you won't want to miss.

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Single Family Active

Price

$ 699,000

Bedrooms

3

Full Bath

3

Property Type

Single Family

Taxes

$ 10,492

Style

Ranch, One Story

Lot Size

0.307

Year Built

2003

Town/City

Cape Coral

County/Region

Lee

MLS | Web ID

2026038013

Features
General
Sewer Assessment Paid Public Sewer
Heating Central Electric
Cooling Central Air Ceiling Fan(s) Electric
Utilities Cable Not Available
Possession Close Of Escrow
Roof Tile
Appliances Dryer Disposal Ice Maker Microwave Range Refrigerator RefrigeratorWithIce Maker Washer
HOA Fee 0
Garage Spaces 2
Association Fee Includes Road Maintenance Trash
Patio/Porch Features Lanai Patio Porch Screened
Architectural Style Ranch One Story
Pool Features Concrete In Ground Screen Enclosure
Construction Materials Block Concrete Stucco
Pets Allowed Yes
Year Built 2003
View Canal
Stories Count 1
Property Subtype Single Family Residence
Tax Year 2025
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 North
Garage Y/N true
Total Rooms 0
Full Baths 3
Status Active
City Cape Coral
Disclosures Owner Has Flood Insurance RV Restriction(s)
Land Lease Amount 0
Senior Community Y/N false
Zoning Description R1
MLS Area CC23 - Cape Coral Unit 28 29 45 62 63 66 68
Lot Size Units Acres
Carport Spaces 0
Carport Y/N false
Spa Features Electric Heat Gunite In Ground Screened
Tax Annual Amount 10492.35
Property Condition Resale
Virtual Tour https://tours.realestatephotos360.com/idx/337273
Standard Status Active
Tax Lot 24
Property Sub Type Additional Single Family Residence
Legal Description CAPE CORAL UNIT 45 BLK 1815 PB 21 PG 125 LOTS 24 + 25
HOA Fee 3 0
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Interior
Interior Amenities Breakfast Bar Bathtub Cathedral Ceiling(s) Separate/Formal Dining Room Dual Sinks High Ceilings Kitchen Island Living/Dining Room Custom Mirrors Pantry Separate Shower Cable TV Vaulted Ceiling(s) Walk-In Closet(s) Window Treatments Split Bedrooms
Flooring Tile
Furnished Y/N Furnished
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Window Features Double Hung Sliding Window Coverings
Half Baths 0
Laundry Features Washer Hookup Dryer Hookup Inside
Total Bedrooms 3
Entry Level 1
Room Type Screened Porch Great Room
Total Baths 3
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Exterior
Gulf Access true
Gulf Access Type Bridge(s) Water Indirect
Exterior Amenities Sprinkler/Irrigation Patio Shutters Manual
Parking Features Attached Garage Garage Door Opener
Lot Features Corner Lot Dead End Irregular Lot Oversized Lot Sprinklers Automatic
Water Source Assessment Paid Public
Lot Size Area 0.307
Spa true
Building Area Total 2817
Lot Dimensions 125 x 125 x 107 x 133
Lot Size Acres 0.307
Private Pool true
Lot Size Source Appraiser
Waterfront Y/N true
Covered Spaces 2
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* Excluded Features
List By
Nadja Brunner

Listing Agent

Century 21 Sunbelt Realty

Broker

info@nmb-florida-realty.com

Email

Affordability Calculator

$5,288
Per Month
83%
17%
0%
Monthly Principal & Interest
$4,414
Monthly Property Taxes
$874
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
Pricing History
DatePricePrice ChangeDescription
9/16/2026$699,000 Listed Price

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148 SW 38th Terrace, Cape Coral, FL, 33914 is a Single Family Home for sale at $699,000 with 2,217 sqft and a lot size of 0.307. 148 SW 38th Terrace has 3 bedrooms, 3.0 baths, and was built in 2003. The property's zip code is 33914 which is in Cape Coral, FL