1204 5th TER

About this Property

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 Details

MLS #

2026019507

Board

Southwest Florida

Market

florida

Property Type

Residential

Style

Single Family Residence

Year Built

2003

Garage Spaces

2

Parking Spaces

2

Heating

Central Electric

Cooling

Central Electric

Pool

Below Ground, Concrete

Lot Size

125 × 80 ft

Annual Taxes

$8,613/yr

Listed By

Allison James Estates & Homes

Listed On

May 3, 2026

Days on Market

85

Features & Extras