PENDING
$5K PRICE DROP
1204 SW 38th Terrace Cape Coral, FL 33914
Pelican NeighborhoodEstimated payment $3,636/month
Total Views
16,184
3
Beds
2
Baths
2,059
Sq Ft
$257
Price per Sq Ft
Highlights
- Concrete Pool
- Main Floor Bedroom
- Furnished
- Cape Elementary School Rated A-
- High Ceiling
- No HOA
About This Home
Welcome to the Sunset Cabana home in the desired Pelican neighborhood of Cape Coral, where you feel like you're staying on the beach. This immaculate 3-bedroom + den, 2-bathroom POOL home is a rare find, offering nearly 2,100 sq. ft. of thoughtfully designed living space and being sold TURNKEY—just bring your toothbrush and start living the Southwest Florida dream! It is also a SUCCESSFUL VACATION RENTAL PROPERTY for the past few years with high ratings by guests.Step into the inviting open concept living area, where a spacious kitchen, dining space, and living room blend seamlessly to create the perfect setting for entertaining. Two bedrooms are conveniently located on the first floor. From here, enjoy panoramic views of the lush backyard and OVERSIZED, HEATED POOL—your private oasis awaits.The second floor boasts a serene master suite complete with a cozy separate living area and reading nook/ extra guest sleeping area that overlooks the sparkling pool below. Whether you're working from home, reading a book, or unwinding after a long day, this home offers a space for every mood.Outside, the landscaped backyard is adorned with tropical palm trees, creating a secluded paradise. The large, covered lanai is perfect for hosting family gatherings or relaxing under the Florida sunshine. With a nearly new roof completed in 2023, a new garage door in 2021, updated kitchen with stainless steel appliances and updated bathrooms, updated plumbing, and a new AC in 2024, upper windows are hurricane impact glass, along with the pool resurfaced and beautiful tiles added, every detail has been considered to ensure your comfort and peace of mind.This property isn’t just a home—it’s a lifestyle. Nestled in the quiet Pelican neighborhood, you’re just minutes away from schools, shopping, dining, entertainment, and marinas. Whether you're searching for the perfect family retreat or a proven vacation rental property, this home delivers. The home is NOT in a flood zone!Opportunities like this don’t come around often—schedule your showing today and make this rare gem your very own slice of paradise! Be sure to watch the VIDEO of the home!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,045
Year Built
- Built in 1984
Lot Details
- 10,019 Sq Ft Lot
- Lot Dimensions are 80 x 125 x 80 x 125
- North Facing Home
- Fenced
- Rectangular Lot
- Sprinkler System
- Property is zoned R1-D
Parking
- 1 Car Attached Garage
- Garage Door Opener
- Driveway
Home Design
- Shingle Roof
- Vinyl Siding
- Stucco
Interior Spaces
- 2,059 Sq Ft Home
- 2-Story Property
- Furnished
- High Ceiling
- Ceiling Fan
- Single Hung Windows
- Den
- Screened Porch
Kitchen
- Breakfast Bar
- Self-Cleaning Oven
- Microwave
- Freezer
- Dishwasher
- Disposal
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Main Floor Bedroom
- 2 Full Bathrooms
- Shower Only
- Separate Shower
Laundry
- Dryer
- Washer
Home Security
- Burglar Security System
- Fire and Smoke Detector
Pool
- Concrete Pool
- Heated In Ground Pool
- Screen Enclosure
- Pool Equipment or Cover
Outdoor Features
- Screened Patio
Schools
- Proximity Elementary And Middle School
- School Choice High School
Utilities
- Central Heating and Cooling System
- Sewer Assessments
- Cable TV Available
Community Details
- No Home Owners Association
- Cape Coral Subdivision
Listing and Financial Details
- Legal Lot and Block 11 / 3275
- Assessor Parcel Number 03-45-23-C4-03275.0110
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $8,161 | $381,536 | $59,560 | $269,767 |
| 2023 | $8,045 | $371,004 | $63,458 | $278,699 |
| 2022 | $6,929 | $318,957 | $32,000 | $257,216 |
| 2021 | $5,667 | $212,661 | $32,000 | $180,661 |
| 2020 | $5,399 | $192,998 | $27,850 | $165,148 |
| 2019 | $5,199 | $184,111 | $29,000 | $155,111 |
| 2018 | $5,313 | $186,521 | $22,000 | $164,521 |
| 2017 | $5,155 | $176,022 | $17,000 | $159,022 |
| 2016 | $5,029 | $163,274 | $17,000 | $146,274 |
| 2015 | $4,837 | $150,604 | $11,700 | $138,904 |
| 2014 | $2,794 | $132,601 | $6,600 | $126,001 |
| 2013 | -- | $131,001 | $4,200 | $126,801 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/01/2025 05/01/25 | Pending | -- | -- | -- |
| 04/08/2025 04/08/25 | Price Changed | $529,900 | -1.0% | $257 / Sq Ft |
| 03/04/2025 03/04/25 | For Sale | $535,000 | 0.0% | $260 / Sq Ft |
| 02/07/2025 02/07/25 | Off Market | $535,000 | -- | -- |
| 01/20/2025 01/20/25 | For Sale | $535,000 | +5.1% | $260 / Sq Ft |
| 09/09/2022 09/09/22 | Sold | $509,000 | -1.9% | $247 / Sq Ft |
| 09/09/2022 09/09/22 | Pending | -- | -- | -- |
| 08/11/2022 08/11/22 | For Sale | $519,000 | +40.3% | $252 / Sq Ft |
| 07/02/2021 07/02/21 | Sold | $370,000 | -2.4% | $180 / Sq Ft |
| 06/02/2021 06/02/21 | Pending | -- | -- | -- |
| 05/22/2021 05/22/21 | For Sale | $379,000 | +208.1% | $184 / Sq Ft |
| 11/26/2014 11/26/14 | Sold | $123,010 | +2.6% | $48 / Sq Ft |
| 10/27/2014 10/27/14 | Pending | -- | -- | -- |
| 09/25/2014 09/25/14 | For Sale | $119,900 | -- | $47 / Sq Ft |
Source: Florida Gulf Coast Multiple Listing Service
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $509,000 | -- | |
| Warranty Deed | $370,000 | Cape Coral Ttl Ins Agcy Inc | |
| Special Warranty Deed | $123,100 | Buyers Title Inc | |
| Trustee Deed | -- | None Available | |
| Trustee Deed | -- | None Available | |
| Warranty Deed | $154,800 | -- | |
| Warranty Deed | $85,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $458,100 | New Conventional | |
| Previous Owner | $333,000 | New Conventional | |
| Previous Owner | $203,001 | Fannie Mae Freddie Mac | |
| Previous Owner | $139,050 | No Value Available | |
| Previous Owner | $87,550 | No Value Available |
Source: Public Records
About the Listing Agent
In a desire to help individuals looking for a home or selling their home in SW Florida, Renee has joined Premiere Plus Realty and can be found online at: http://www.EsteroBayGroup.com. She is also a member of the National Association of Realtors®, Florida Association of Realtors and the Bonita Estero Board of Realtors. As a realtor, she is dedicated to helping you in the transition of buying or selling a home. She will handle your real estate transaction with professionalism and integrity.
Renee's Other Listings
Source: Florida Gulf Coast Multiple Listing Service
MLS Number: 224105170
APN: 03-45-23-C4-03275.0110
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The information is being provided by Southwest Florida Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 Southwest Florida Multiple Listing Service. All Rights Reserved
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