🏊 Cape Coral Pool-Home Rehab Opportunity

  • $249,900
SE 5th Pl, Cape Coral, FL 33990
  • Single Family
  • Property Type
  • 3
  • Bedrooms
  • 2.00
  • Bathrooms
  • 2,653
  • Moderate, Moderate+
  • Estimated Rehab Cost
  • $375,000 to $405,000 +/-
  • Estimated ARV
  • Lee
  • County

Overview

  • Single Family
  • Property Type
  • 3
  • Bedrooms
  • 2.00
  • Bathrooms
  • 2,653
  • Moderate, Moderate+
  • Estimated Rehab Cost
  • $375,000 to $405,000 +/-
  • Estimated ARV
  • Lee
  • County

Description

This 3-bedroom, 2-bath CBS pool home has 1,891 square feet of living area, a 2-car garage, a 10,000-square-foot lot, a 2023 permitted shingle reroof, a 2025 permitted air-conditioning, and FEMA Zone X. The pool needs a full restoration and yard needs cleanup.

Estimated Repairs Needed

  • Pool cleaning, water treatment, equipment testing, and mechanical service
  • Pool-cage screen and enclosure repair
  • Pool-deck and covered-lanai cleaning, surface repair, and finish restoration
  • Exterior pressure washing, stucco repair, trim work, and paint
  • Yard cleanup, vegetation removal, and landscaping
  • Interior cleanout, and full cosmetic renovation
  • Interior paint, flooring, doors, fixtures
  • Kitchen and bath updates

Comparable Sales

  1. 911 SE 16th Ter is 0.606 miles away and sold for $355,000 in July 2026. This extensively remodeled 3/2 pool home has 1,455 square feet, a 10,018-square-foot lot, and a 2-car garage. Its new flooring, paint, kitchen, bathroom finishes, epoxied garage floor, and resurfaced pool support the lower end of the range, while its living area is 436 square feet smaller.
  2. 170 SE 19th St is 0.364 miles away and sold for $369,900 in April 2026. This fully remodeled 3/2 pool home has 1,728 square feet, a 10,019-square-foot lot, and a 2-car garage. Its matching layout, lot, pool, and parking make it the strongest central indicator, while its living area is 163 square feet smaller.
  3. 317 SE 18th Ter is 0.222 miles away and sold for $405,000 in October 2026. This renovated 3/2 pool home has 1,512 square feet, a 10,019-square-foot lot, and a 2-car garage. Its remodeled kitchen, renovated primary bathroom, new appliances, newer construction, newer roof, and finished pool area make it the upper bracket, while its living area is 379 square feet smaller.

ARV & Rental Analysis

Estimated ARV: $375,000 to $405,000 +/-

Estimated Rent: $2,400 to $2,700 per month +/-

Details

  • Price: $249,900
  • Property Size (Sq. ft.): 2,653
  • Land Area (Acres): 0.23
  • Bedrooms: 3
  • Bathrooms: 2.00
  • Garages: 2 Car Garage
  • Year Built: 1993
  • Property Type: Single Family
  • Property Status: Flip
  • County: Lee
  • Estimated ARV: $375,000 to $405,000 +/-
  • Estimated Rehab Cost: Moderate, Moderate+
  • Estimated Monthly Rent: $2,400 to $2,700 per month +/-
  • Yearly Taxes: $1,391
  • HOA Monthly Cost: $0
  • Construction Type: Block
  • Pool: In-Ground
  • City Cape Coral
  • State Florida

Similar Listings

Mortgage Calculator

Monthly
  • Principal & Interest
  • Property Tax
  • Home Insurance
  • PMI
$
$
%
$
$
$
Wholesalers/Realtors - Please add your commission on top. ***DO NOT “daisy chain” or re-market any property contained in this email without consent. Optimal Offers is a principle in all assets that we market for sale and will vigorously defend our position in a court of law.***

Compare listings

Compare
EdC
  • EdC
Skip to content