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Bean Group
Offered at $550,000Active
beds
2
baths
2
sq ft
1,273
Built
1964

171 SW 51st Terrace

Cape Coral, FL 33914

About this home

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.

Listing last checked: Listing updated:

Listed by Nicole DiZio · Marzucco Real Estate · MLS #2026023218

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Details at a glance

Interior4 property facts
Rooms
0
Heating
Central, Electric
Cooling
Central Air, Ceiling Fan(s), Electric
Flooring
Tile
Building4 property facts
Style
Single Family Residence
Year built
1964
Garage
1
Roof
Tile
Land & utilities4 property facts
Lot size
0.263 acres
Water
AssessmentPaid
Sewer
AssessmentPaid
Waterfront
Y
Financial3 property facts
Annual taxes
$7,703
Assessment year
2025
HOA fee
$0 (billing period not supplied)

Location

Estimated monthly cost

Explore costs at the $550,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$3,423 / monthAdjust
Principal & interest
$2,781
Property tax
$642
Insurance
Not entered
HOA
$0

Listing annual taxes: $7,703. Initial monthly tax is one twelfth of that amount. Listing HOA fee: $0.

Partial estimate: add insurance to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

Price and status timeline

  1. Sld

    $424,900 · Sold $420,000 · Mar 24, 2017

  2. Sld

    $187,000 · Sold $150,000 · Jun 23, 2009

More property insights

Comparable properties 3 supplied

Sold Jul 30, 2026

$540,000

3664 Bayview Avenue

Sold Jun 19, 2026

$575,000

3693 Ruby Avenue

Sold Jul 10, 2026

$499,000

13856 Lazy Lane

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About 171 SW 51st Terrace

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Request a tour of 171 SW 51st Terrace and a Bean Group agent will help coordinate an available time with the listing side.

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Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

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