Cape Coral Homes under $500,000

Cape Coral Homes under $500,000

Welcome to Cape Coral, Florida – a vibrant city where sunshine meets serenity! Nestled in Lee County, this picturesque locale is renowned for its stunning waterways, boasting over 400 miles of navigable canals, making it a boater's paradise. With a warm climate year-round, Cape Coral is not just a destination; it’s a lifestyle. Residents enjoy an array of outdoor activities, from fishing and kayaking to exploring beautiful parks and nature preserves.

Cape Coral is also a family-friendly community, with excellent schools, recreational facilities, and a variety of dining and shopping options. The city is rich in cultural experiences, hosting events throughout the year that celebrate its diverse community. Whether you’re seeking a peaceful retreat or an active lifestyle, Cape Coral has something for everyone.

For those looking to invest in a home without breaking the bank, Cape Coral offers a fantastic selection of properties under $500,000. This makes it an ideal choice for first-time homebuyers, retirees, or anyone looking to enjoy the Florida lifestyle without the hefty price tag. From charming single-family homes to modern townhouses, you’ll find a variety of options that cater to different tastes and needs.

Imagine sipping your morning coffee on a sun-drenched patio or hosting weekend barbecues in your spacious backyard. With affordable housing options and a welcoming community, Cape Coral is the perfect place to create lasting memories. Explore the possibilities today and discover why so many are choosing to call Cape Coral home!

Newest Cape Coral Homes under $500,000

3707 SW 13th Avenue, Cape Coral
$479,900
3 Beds ⋅ 2 Baths ⋅ 2026043688 MLS
Here is your chance to own a SW Cape Pool Home at a very affordable price. Built in 2019 this home features three bedrooms plus den with a private backyard and heated pool. As you approach this home a pavered driveway and custom landscaping greets you and you can see the attention to detail and how well maintained this property is. Upon entering, you will notice the great room plan with tile flooring, large windows with custom Bahama Shutters and views to the pool area. This is set up for family entertainment. The kitchen sits just off the great room and features custom granite counter tops, stainless steel appliances, a panty, and a large island for dining or hosting company. Just off the kitchen is the formal dining area. It has large windows looking out to the pool and sliding glass doors to the lanai area. The house features a den to use as an office or second TV area. The large primary bedroom features laminate flooring, large windows with views to the yard and has a large master bathroom. The bath feature dual sinks, granite counter tops, walk in shower with glass doors, walk in closets with “California Closet” style shelving and more. There are two other guest bedrooms which share a bathroom that has a tub with shower surround, large vanity and custom granite counter tops. Also an indoor laudry area that is centrally located. Outside, there is large pavered lanai / screened pool area that provides room for family, meals and get togethers. The pool features a large shelf, is heated and has a saltwater system Surrounding the pool area outside are large hedges for privacy. This home also has Solar Panels on the roof to reduce your electric bills. The owner has upgraded this property with a whole house water filtration system and has had the house wired for generator hook-up in the event of a power outage. Located between Chiquita and Skyline Blvd and Veterans and Gleason Pkwy the property is centrally located with easy access to main corridor commuting routes, schools, shopping, and restaurant / entertainment districts. Located close to Gulf Elementary & Middle Schools along with Ida Baker High School and Oasis Charter Academy Look at this home, you will not be disappointed. Owner will pay off the solar equipment at closing.

3707 SW 13th Avenue, Cape Coral
1219-1221 Andalusia Boulevard, Cape Coral
$399,000
6 Beds ⋅ 4 Baths ⋅ 2026043674 MLS
This wonderful duplex can be yours if you act now! Located in the bustling North Cape near Del Prado and Pine Island Road, this property is convenient to everything. No Flood insurance required! Each side features 3+2 with an attached single garage and a screened porch. The floor plan provides high ceilings in the living area which is open to the large kitchen. There is a pantry and a good amount of storage inside. The main bedroom is at the rear of the home and features an attached bathroom. There is no carpeting, either laminate or tile throughout. Each side has a private screened patio. The 1221 side has been freshly painted and is ready for immediate occupancy. The 1219 side has a tenant that will be vacating at the end of the month. This is an ideal set up for an owner occupant needing both sides. The roof was replaced in 2024, and both AC units have been updated since built. The buyer is to assume the balance of the utility assessment which is on the tax bill. Professional photos coming soon.

1219-1221 Andalusia Boulevard, Cape Coral
1922 SW 27th Street, Cape Coral
$349,000
4 Beds ⋅ 2 Baths ⋅ 2026043700 MLS
MOVE-IN READY 4-BEDROOM HOME IN SOUTHWEST CAPE CORAL! Welcome to this beautifully refreshed 4 bedroom, 2 bath home offering 1,757 square feet of living space in Southwest Cape Coral! Built in 2003, this home features numerous recent updates and major improvements, giving buyers the opportunity to enjoy a fresh, updated interior without taking on a long list of projects. The interior has been recently painted, and the home features new Whirlpool stainless steel appliances, new plumbing fixtures, ceiling fans, lighting fixtures, and toilets. Both bathrooms have been updated with new cabinets and countertops, adding a fresh, modern touch. Major system improvements include a roof replacement in 2022, AC system replaced in 2021, and a new hot water heater installed in 2026. Situated on an approximately 10,500-square-foot corner lot, the property offers a spacious setting with plenty of room to add a pool. Whether you're searching for a primary residence, a seasonal Florida getaway, or an investment opportunity, this home offers an appealing combination of space, updates, and value.

1922 SW 27th Street, Cape Coral
909 SE 27th Street, Cape Coral
$269,000
3 Beds ⋅ 2 Baths ⋅ 2026033960 MLS
Motivated Sellers Will Entertain All Reasonable Offers. This spacious 3-bedroom, 2-bathroom, 1,626 SF single-family Cape Coral, Florida home offers an excellent opportunity to create your piece of paradise. This home will benefit from your unique personal touches, knowing numerous major improvements are already in place. Recent Updates Include: Roof - 2021 | Split AC System- 2025 | Water Heater – 2024 | Deluxe Electrical Panel Including: Main Disconnect & Main Breaker | Main Panel Surge Protector | Whole Home Interlock with Generator Interlock | 30 Amp Generator Outlet & 15 Amp Current for Refrigerator - 2024. Repiped – Yes | Interior & Exterior Paint – Yes | Some of the windows have also been replaced. The kitchen features granite countertops installed in 2023. Stainless-steel appliances new in 2024. The garbage disposal is also new(er). Several of the kitchen cabinets have convenient pull-out drawers. You’ll find LVT flooring throughout. No carpet here. The primary bedroom is an ensuite offering a walk-in closet and a bathroom with dual sinks and a corner shower. The guest bedrooms have walk-in closets and share a bath with an oversized tub and a shower. The tiled, screened lanai is perfect for entertaining or simply enjoying your morning coffee or an afternoon beverage of choice. Sitting on a triple lot, privacy abounds within the 6' white vinyl fence installed in 2024. There is more than enough room for a custom pool and a personalized outdoor oasis. The stand-alone shed, with a window, a raised floor, and electric provides additional storage or the ideal workspace. An oversized 540 SF, two-car garage provides ample room for vehicles, storage, hobbies, or a workshop. New rollers, wire sensors, and garage door seals - 2025. With major systems and many expensive improvements already addressed, this home presents a tremendous and affordable opportunity for buyers looking for space, privacy, and the chance to add their own finishing touches. Bring your offer!

909 SE 27th Street, Cape Coral
923 Tropicana Parkway W, Cape Coral
$369,000
4 Beds ⋅ 2 Baths ⋅ 226035870 MLS
A great opportunity for first-time homebuyers to enjoy the Southwest Florida lifestyle! Ideally located in NW Cape Coral near Nelson Road and Tropicana Parkway, this inviting home offers modern finishes, comfortable living spaces, and easy access to shopping, dining, and everyday essentials. The kitchen features 36-inch Ashburn Sienna cabinetry with hardware, quartz countertops, and stainless steel appliances. Additional interior highlights include 18-inch tile flooring throughout the main living areas, carpeted bedrooms, solid-surface bathroom countertops, ceramic tile showers in both bathrooms, and window blinds. A white washer and dryer are also included. Step outside to the covered lanai with paver flooring, perfect for relaxing or enjoying the Florida weather. Additional features include a paver driveway, full irrigation system, and electric garage door with opener. With its desirable location, stylish finishes, and functional layout, this home is an excellent opportunity to begin your homeownership journey and make Cape Coral your home!

923 Tropicana Parkway W, Cape Coral
1310 NW Juanita Place, Cape Coral
$352,903
3 Beds ⋅ 2 Baths ⋅ 2026043614 MLS
Welcome to this beautiful, nearly new 2024-built home in the growing NW Cape Coral area! Offering 3 bedrooms, 2 bathrooms, and over 1,500 square feet of living space, this home combines modern construction, comfortable living, and the Florida lifestyle you've been looking for. The spacious, open-concept floor plan creates a bright and inviting atmosphere, perfect for everyday living or entertaining friends and family. The island kitchen serves as the heart of the home, while the split-bedroom design offers privacy and convenience. The spacious primary suite features a private bathroom with dual sinks, and the additional bedrooms provide flexibility for family, guests, or a home office. Step outside and enjoy the possibilities of the generously sized backyard, with plenty of room to create your own outdoor Florida retreat. Complete with an attached two-car garage and conveniently located near the expanding Pine Island Road corridor, this home offers easy access to shopping, dining, recreation, and everything Southwest Florida has to offer. Why wait to build when you can enjoy a nearly new home today? Schedule your private showing!

1310 NW Juanita Place, Cape Coral
4226 NW 32nd Terrace, Cape Coral
$350,000
4 Beds ⋅ 2 Baths ⋅ 2026043351 MLS
Why wait to build when you can own this beautiful Adams Home built just 2 years ago? This spacious home features one of the builder’s largest floor plans, offering approximately 2,330 square feet of living space with 4 bedrooms, 2 bathrooms, and a versatile den! Designed with comfort and functionality in mind, the open-concept layout is perfect for both everyday living and entertaining. The spacious kitchen features upgraded cabinetry, granite countertops, stainless steel appliances, and plenty of counter space, seamlessly flowing into the main living and dining areas. Additional highlights include a desirable split-bedroom layout, generous living spaces, and an irrigation system to keep your landscaping looking its best. Enjoy the benefits of newer construction without the wait! Subject to short sale approval and aggressively priced to attract serious buyers. Don’t miss this incredible opportunity to own a spacious, move-in-ready home at an exceptional value!

4226 NW 32nd Terrace, Cape Coral
909 SW 31st Street, Cape Coral
$398,700
3 Beds ⋅ 2 Baths ⋅ 2026042769 MLS
Welcome to your own private tropical retreat in desirable SW Cape Coral! This beautifully maintained 3-bedroom, 2-bathroom pool home offers the perfect blend of comfort, functionality, and Florida living. Step inside to discover an inviting open floor plan featuring volume ceilings, tile flooring throughout the main living areas, and comfortable carpeting in the bedrooms. The spacious kitchen offers a convenient breakfast bar, pantry, and eat-in dining area, making it ideal for everyday living and entertaining. CUSTOM HURRICANE IMPACT WINDOWS throughout offer superior storm protection, reduced outside noise, and lasting peace of mind. The primary suite features separate closets, an en-suite bathroom with a tub/shower combination, and sliding glass doors providing direct access to the lanai. The guest bathroom conveniently doubles as a pool bath, offering easy access from the outdoor living area. Step outside to your own backyard oasis, complete with a sparkling swimming pool featuring an integrated spa and sun shelf, perfect for relaxing and soaking up the Florida sunshine. The expansive screened lanai provides plenty of space for outdoor dining, entertaining, or simply unwinding while enjoying the privacy of the beautifully landscaped backyard. Mature tropical landscaping creates a peaceful and secluded setting. Located in desirable Southwest Cape Coral, this home offers convenient access to shopping, dining, entertainment, and everything the Southwest Florida lifestyle has to offer. An added bonus—this property is located in Flood Zone X, where flood insurance is typically not required by lenders. Whether you're searching for a full-time residence, seasonal getaway, or investment opportunity, this home is ready for you to enjoy the Florida lifestyle!

909 SW 31st Street, Cape Coral
1761 NW 26th Avenue, Cape Coral
$449,000
3 Beds ⋅ 3 Baths ⋅ 2026043666 MLS
GOLF COURSE VIEWS!!!! Built in 2024, this newer Cape Coral pool home overlooks the 11th fairway of the Coral Oaks Golf Course and is situated on a quiet cul de sac lot. This elegant home offers 3 bedrooms, 3 full bathrooms, and a 2-car attached garage with epoxy flooring. The recently added saltwater pool features a panoramic screened pool enclosure and both Heated and Cooling features. The screened lanai creates an inviting outdoor retreat with open golf course views—perfect for relaxing, entertaining, and enjoying the Florida lifestyle. Impact-resistant windows and doors provide added storm protection, while the open great-room layout, volume ceilings, and split-bedroom floor plan offer comfortable spaces for everyday living. The kitchen features a breakfast bar and pantry, and the primary suite includes a walk-in closet and dual sinks. Situated on approximately a quarter-acre lot with no HOA fees and a furnished option available, this home is well suited for a full-time residence or seasonal getaway.

1761 NW 26th Avenue, Cape Coral
1813 NE 2nd Terrace, Cape Coral
$260,000
3 Beds ⋅ 2 Baths ⋅ 2026043647 MLS
This move-in ready home features a functional open layout with the living, dining, and kitchen areas flowing together. Neutral walls, ceiling fans, and a combination of tile and carpet flooring add to the interior's appeal. Outside, the property offers a large grassy yard and an attached garage with a paved driveway, and a roof that was completed in 2019.

1813 NE 2nd Terrace, Cape Coral
831 NE 23rd Terrace, Cape Coral
$484,999
3 Beds ⋅ 3 Baths ⋅ 2026043640 MLS
Discover comfort and outdoor luxury in this beautiful property offering 2,232 sq. ft. under air. Enjoy a luxurious screened lanai featuring a heated swimming pool and spa, perfect for relaxing and entertaining. The fully fenced yard includes a side gate providing convenient access to the pool area and outdoor kitchen. Additional features include available storage space, connected city water, and a durable metal roof. Located outside the flood zone, this property combines comfort, functionality, and exceptional outdoor living. A wonderful opportunity to enjoy the Florida lifestyle!

831 NE 23rd Terrace, Cape Coral
726 SW 51st Terrace, Cape Coral
$384,900
3 Beds ⋅ 2 Baths ⋅ 2026042937 MLS
Welcome to your own slice of Southwest Florida living! This inviting 3-bedroom, 2-bath pool home offers 1,553 square feet of living space, a spacious two-car garage, a convenient SW Cape Coral location. Inside, you'll find a comfortable layout with plenty of room to relax, entertain, and make yourself at home. Crown molding adds a nice touch, while the living and dining areas provide a welcoming space for family and friends. Step outside to your private screened lanai and enjoy the newly resurfaced sparkling in-ground salt water pool (new pump, filter and salt water system installed 2026), complete with an electric pool heater for year-round enjoyment. The home also features a newer roof installed in 2023, HVAC system in 2026 and a hot water heater replaced in 2026. New garage door to be installed by early November. Conveniently located just minutes from Tarpon Point Marina, waterfront dining, shopping, and everyday essentials, this property is a great opportunity for a full-time residence, seasonal getaway, or investment property. Come enjoy the relaxed Cape Coral lifestyle!

726 SW 51st Terrace, Cape Coral
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