2516 SW 35th Terrace Cape Coral, FL 33914
Pelican NeighborhoodEstimated payment $7,912/month
Total Views
2,609
4
Beds
4
Baths
4,111
Sq Ft
$304
Price per Sq Ft
Highlights
- Home fronts a seawall
- Concrete Pool
- Deck
- Cape Elementary School Rated A-
- Canal View
- Cathedral Ceiling
About This Home
Exceptional Gulf Access Waterfront Home – Elegant, Spacious & Built for the Florida Lifestyle. NO FLOODING with any of the Hurricanes.
This beautifully crafted custom waterfront home sits on a rare oversized point lot with long intersecting canal views and direct Gulf access—perfect for boating enthusiasts seeking both luxury and convenience. With room to spare, this property also offers dedicated space alongside the dock for an additional large boat or vessel, making it a true boater’s dream.
From the moment you arrive, the brick paver driveway and impressive double-door entry set the tone. Inside, you'll be welcomed by an open, light-filled layout with soaring coffered ceilings, elegant crown molding, and oversized rooms throughout. With over 4,100 sq ft under air, every space in this home feels grand, yet comfortable. The split floorplan offers excellent privacy, with two spacious primary suites, each with luxurious en-suite bathrooms and plenty of room to unwind.
The gourmet kitchen is both stylish and functional, featuring light wood cabinetry, skylights, high-end Monogram appliances, and a large central island that flows into the expansive living and family rooms. Whether you’re hosting a holiday dinner or enjoying a quiet breakfast in the nook, the layout is designed for both entertaining and everyday ease.
Along the backside of the home, you'll find multiple French doors leading out to the patio, showcasing gorgeous views of the pool, tropical landscaping, and the serene canal beyond. Step outside to your private resort-style lanai, complete with a tongue-and-groove wood ceiling, heated pool and spa, and ample space for relaxing or entertaining.
The composite dock boasts a new boat lift with a custom canopy that matches the home’s 2024 metal roof, plus ambient lighting on the pilings and room for a larger vessel alongside. The property also features a 200-foot concrete seawall, offering both peace of mind and extensive water frontage.
This home is built for peace of mind with impact-resistant windows and doors, electric roll-down shutters, dual electric panels wired for a generator, and a new pool pump. Additional features include custom chandeliers and ceiling fans, built-in-style cabinetry, and even an in-ground pet fence.
If you're searching for spacious luxury with exceptional waterfront access, this home truly has it all. It’s more than a residence—it’s a statement in Florida living.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $13,208
Year Built
- Built in 2005
Lot Details
- 0.44 Acre Lot
- Home fronts a seawall
- Home fronts navigable water
- North Facing Home
- Privacy Fence
- Fenced
- Oversized Lot
- Irregular Lot
- Sprinkler System
- Property is zoned R1-W
Parking
- 3 Car Attached Garage
- Garage Door Opener
- Driveway
Home Design
- Metal Roof
- Stucco
Interior Spaces
- 4,111 Sq Ft Home
- 1-Story Property
- Wet Bar
- Central Vacuum
- Furnished or left unfurnished upon request
- Built-In Features
- Bar
- Coffered Ceiling
- Tray Ceiling
- Cathedral Ceiling
- Ceiling Fan
- Fireplace
- Electric Shutters
- French Doors
- Great Room
- Formal Dining Room
- Den
- Canal Views
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Built-In Self-Cleaning Oven
- Electric Cooktop
- Microwave
- Ice Maker
- Dishwasher
- Wine Cooler
- Disposal
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
- 4 Full Bathrooms
- Dual Sinks
- Hydromassage or Jetted Bathtub
- Separate Shower
Laundry
- Dryer
- Washer
- Laundry Tub
Home Security
- Burglar Security System
- Impact Glass
- High Impact Door
- Fire and Smoke Detector
Pool
- Concrete Pool
- Heated In Ground Pool
- Heated Spa
- In Ground Spa
- Gunite Spa
- Pool Equipment or Cover
Outdoor Features
- Deck
- Open Patio
- Porch
Utilities
- Central Heating and Cooling System
- Well
- Sewer Assessments
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 5 / 4892
- Assessor Parcel Number 05-45-23-C2-04892.0050
Community Details
Overview
- No Home Owners Association
- Cape Coral Subdivision
Amenities
- Community Storage Space
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 | $12,955 | $813,877 | -- | -- |
| 2023 | $12,955 | $790,172 | $0 | $0 |
| 2022 | $11,546 | $710,929 | $0 | $0 |
| 2021 | $12,117 | $782,694 | $114,838 | $667,856 |
| 2020 | $12,404 | $680,692 | $0 | $0 |
| 2019 | $12,083 | $665,388 | $186,900 | $478,488 |
| 2018 | $12,479 | $671,860 | $178,000 | $493,860 |
| 2017 | $8,612 | $455,336 | $0 | $0 |
| 2016 | $8,523 | $607,075 | $198,543 | $408,532 |
| 2015 | $8,654 | $570,626 | $180,526 | $390,100 |
| 2014 | -- | $578,963 | $180,167 | $398,796 |
| 2013 | -- | $624,593 | $137,121 | $487,472 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/24/2025 06/24/25 | Price Changed | $1,250,000 | -10.4% | $304 / Sq Ft |
| 05/02/2025 05/02/25 | Price Changed | $1,395,000 | -15.5% | $339 / Sq Ft |
| 04/17/2025 04/17/25 | For Sale | $1,650,000 | +129.2% | $401 / Sq Ft |
| 10/31/2017 10/31/17 | Sold | $720,000 | -11.7% | $175 / Sq Ft |
| 10/01/2017 10/01/17 | Pending | -- | -- | -- |
| 01/31/2017 01/31/17 | For Sale | $815,000 | -- | $198 / Sq Ft |
Source: Florida Gulf Coast Multiple Listing Service
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $720,000 | Stewart Title Co | |
| Interfamily Deed Transfer | -- | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $720,000 | New Conventional |
Source: Public Records
Similar Homes in Cape Coral, FL
Source: Florida Gulf Coast Multiple Listing Service
MLS Number: 225039469
APN: 05-45-23-C2-04892.0050
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