Cape Coral Homes under $500,000

Cape Coral Homes under $500,000

Welcome to Cape Coral, Florida—a vibrant waterfront paradise nestled in Lee County, renowned for its stunning canals, lush landscapes, and a community spirit that feels like home. With over 400 miles of navigable waterways, Cape Coral offers a unique lifestyle that seamlessly blends relaxation with adventure. Whether you’re an outdoor enthusiast, a family looking for a friendly neighborhood, or a retiree seeking peace and tranquility, this charming city has something for everyone.

One of the most appealing aspects of Cape Coral is its diverse housing market, particularly for those searching for homes under $500,000. Here, you can find a variety of options that cater to different lifestyles and preferences. From cozy single-family homes perfect for first-time buyers to spacious properties ideal for families, Cape Coral ensures that your dream home is within reach. Many of these homes feature modern amenities, open floor plans, and beautiful outdoor spaces, allowing you to enjoy the Florida sun year-round.

Living in Cape Coral means embracing an active lifestyle. With numerous parks, golf courses, and recreational facilities, there’s always something to do. The nearby beaches, such as those on Sanibel Island and Fort Myers Beach, are just a short drive away, offering stunning sunsets and endless opportunities for water sports and relaxation.

Cape Coral isn’t just a place to live; it’s a community to thrive in. With its affordable housing options, picturesque surroundings, and a welcoming atmosphere, it’s no wonder that so many are choosing to call Cape Coral home. Come discover the enchanting lifestyle that awaits you in this beautiful city!

Newest Cape Coral Homes under $500,000

1722 SE 6th Terrace, Cape Coral
$319,000
3 Beds ⋅ 2 Baths ⋅ 2026042581 MLS
LOCATION, LOCATION, LOCATION! WELL-MAINTAINED POOL HOME IN THE HEART OF CAPE CORAL! Conveniently located just off Del Prado Boulevard with quick access to Veterans Parkway, making commuting to Fort Myers, Southwest Florida International Airport, and surrounding areas a breeze! Enjoy being just minutes from shopping, dining, entertainment, and all the amenities Cape Coral has to offer. This well-maintained home offers the perfect combination of comfort, convenience, and Florida living! Step outside and enjoy your own private pool, perfect for relaxing, entertaining, or soaking up the Florida sunshine year-round. Numerous recent improvements provide added value and peace of mind, including a NEW A/C (2026), NEW WATER HEATER (2026), NEW SOLAR POOL HEATER (2024), ROOF AND SOFFITS (2023), and a beautifully RENOVATED SHOWER (2024). Even better, the property is located OUTSIDE THE FLOOD ZONE, and ALL CITY WATER AND SEWER ASSESSMENTS ARE IN AND PAID! With major updates already completed and a desirable central location, this home is an excellent opportunity for a primary residence, seasonal getaway, or investment property. Enjoy the best of Southwest Florida living with everything you need just a short drive away. Schedule your private showing today!

1722 SE 6th Terrace, Cape Coral
714 SW 4th Street, Cape Coral
$395,000
3 Beds ⋅ 2 Baths ⋅ 2026042387 MLS
BRAND-NEW CONSTRUCTION IN A PRIME CAPE CORAL LOCATION! Discover this beautifully designed new construction home featuring 3 bedrooms, 2 bathrooms, and a versatile den/office that offers flexibility for additional living space or a potential fourth bedroom. This stunning property features impact-resistant windows and doors, elegant porcelain tile flooring, quartz countertops in the kitchen, bathrooms, and laundry room, stainless steel appliances, and luxurious finishes throughout. Enjoy a covered lanai, a concrete driveway, and the convenience of city water. ALL ASSESSMENTS HAVE BEEN PAID IN FULL, providing significant value and potential savings for the future homeowner! Move-in ready and never occupied, this home is competitively priced below similar properties on the market, making it an exceptional opportunity. Whether you’re a first-time homebuyer, looking for a brand-new home, or an investor searching for a great opportunity, this property deserves your attention. Schedule your private showing today and discover the value this beautiful home has to offer!

714 SW 4th Street, Cape Coral
1804 Viscaya Parkway, Cape Coral
$365,900
3 Beds ⋅ 2 Baths ⋅ 2026042569 MLS
Great location, close to it all! This spacious 3-bedroom, 2-bath screened pool home with a den offers comfort, convenience, and functionality. With a well-designed floor plan, it's perfect for everyday living and effortless entertaining.Immediately upon entering the foyer, your attention will be drawn to the pool area-your private outdoor oasis. Complete with newer custom kitchen cabinets, stainless steel appliances, central A/C, decorative ceiling fans, and more. The covered patio area offers seating areas perfect for enjoying your morning coffee or winding down at the end of the day. The kitchen features granite countertops, abundant counter and cabinet space, as well as a bar area. With so much space to work with, the possibilities to craft and create are endless. The choice is yours. The generously sized main bedroom offers direct access to the screened, covered patio and pool. Bathrooms feature newer vanities. Additional highlights include an inside laundry room with extra storage and utility tub, Roof - 20238, A/C- 2026, and NO FLOOD ZONE. This SE Cape Coral home is conveniently located near Cape Coral Hospital, schools, shopping, dining, boating, and golf courses-combining a peaceful setting with everyday convenience. Let's make this home your home!

1804 Viscaya Parkway, Cape Coral
1126 NE 13th Street, Cape Coral
$349,990
3 Beds ⋅ 2 Baths ⋅ 226036550 MLS
One or more photo(s) has been virtually staged, AI generated or rendered. NEW CONSTRUCTION WITH WARRANTY! *Estimated delivery October 2026.* SPECIAL INCENTIVES: Get up to $18k toward closing costs, rate buydowns, and prepaids at closing when using preferred lender and title. The Palm offers 1,550 square feet of thoughtfully designed living space. The spacious Great Room with its vaulted ceiling flows effortlessly to the private covered lanai—ideal for indoor-outdoor living and entertaining. At the heart of this open layout, the kitchen features a freestanding island and designer cabinetry with soft-close doors, opening to a bright dining area with a tray ceiling and abundant natural light. The primary suite includes a generous walk-in closet and a private bath with dual vanities, and a tiled shower. Additional highlights include upgraded plank tile throughout the main living areas, designer cabinetry & quartz counters in the kitchen and baths, hurricane-impact windows and doors, stainless steel kitchen appliances, and an attached two-car garage. Pictures, renderings, & virtual tour are of similar home & are used for display purposes only.

1126 NE 13th Street, Cape Coral
3722 SW 20th Place, Cape Coral
$425,000
3 Beds ⋅ 2 Baths ⋅ 226036429 MLS
Turnkey Florida living with a west-facing salt water pool! This tastefully decorated, beautifully updated split-bedroom home offers comfort, style, and convenience in Cape Coral. Hurricane impact windows add peace of mind, and the well-kept yard features lush landscaping with an irrigation system. Unwind or entertain by the pool in your private outdoor oasis. Perfect as a primary residence, second home, or income-producing rental, and close to Cape Coral's dining, shopping, and entertainment. Schedule your private showing today!

3722 SW 20th Place, Cape Coral
614 NW 38th Avenue, Cape Coral
$419,900
3 Beds ⋅ 2 Baths ⋅ 2026042355 MLS
Beautiful 3 BD 2 BA Pool Home with Spacious Layout and Gorgeous Design Located in Highly Desired NW Cape Coral Neighborhood. This Home has a Split Floor Plan with Tons of Upgrades and Designer Touches. Impact Doors and Windows Throughout with Roll Down Kevlar Screens for the Lanai. There is Wood Grain Ceramic Tile Throughout the Entire House with 5 1/4 Inch Baseboard. The Gourmet Kitchen Features White Shaker Style Cabinets with Crown Molding, and Under Cabinet Motion Detected Lighting, Upper-Level Granite Counter Tops, Custom Tile Backsplash, Printless Black Stainless Steel Appliance Package with Double Oven, Huge Island with Breakfast Bar and Custom Tile Under Counter along with Lighting. The Roomy Master Bedroom is Private with French Doors Leading to the Pool. The Master Bath Boasts Granite Top on Wood Shaker Vanity, Custom Tiled Shower with Glass Sliding Doors and His & Hers California Closet Styled Closets. The Home has been Upgraded with Designer Lighting Fxtures and Ceiling Fans Throughout. Laundry Room Also has Wooden Shaker Cabinets. The Garage Floor has been Epoxied. The Lanai has Tongue and Groove Wood Ceilings Overlooking the Paver Pool Deck with Custom Saltwater Electric Heated Pool with Sun Shelf and 3 Person Hot Springs Saltwater Hot Tub. The Front of the Home has a Paver Driveway with Screened In Front Porch and Wood Ceilings. Jellyfish Lighting in the Soffits that are Smart Ran and Varying Light and Color Choices. The Home has a Whole Home Reverse Osmosis System, No Need for Bottled Water. The Yard is Professionally Landscaped 6 Zone Auto Irrigation Sprinkler System Surrounded by 6 Foot Vinyl Privacy Fence. Schedule Your Showing Today. Please Be Sure to Watch the Video Tour.

614 NW 38th Avenue, Cape Coral
27 NE 9th Place, Cape Coral
$329,800
3 Beds ⋅ 2 Baths ⋅ 226036465 MLS
Move in ready 3 bedroom, 2 bathroom Cape Coral home with a new roof in 2025, new kitchen appliances in 2025, remodeled guest bathroom in 2026, new exterior siding in 2024, hurricane windows and hurricane sliding doors installed in 2023, and an updated AC system with all new ductwork. This 1,656 square foot home offers a desirable split bedroom floor plan, screened in lanai, room to add a pool, multiple living spaces, an updated kitchen, spacious primary bedroom, walk in closet, and a long list of recent improvements that make this a great option for buyers looking for an updated home in Cape Coral, Florida. The kitchen was remodeled in 2022 and offers an abundance of countertop space, making meal preparation and entertaining easy. New kitchen appliances were added in 2025, providing another important recent update. A convenient breakfast area is located directly off the kitchen, while the traditional dining area provides a separate space for formal meals and gatherings. The home also features both a living room and family room, giving you flexible space for entertaining, relaxing, working from home, or everyday living. The spacious primary bedroom offers plenty of room for a king size bedroom set and features a walk in closet for additional storage. The split bedroom layout places the additional bedrooms separately from the primary suite, offering privacy for homeowners, family members and guests. The guest bathroom was remodeled in 2026, adding another fresh and modern update to the interior. Sliding doors open to the screened in lanai, creating additional outdoor living space and an easy connection between the interior and exterior of the home. There is also room to add a pool, giving buyers the opportunity to create their own private pool area and take advantage of the Florida outdoor lifestyle. The list of major improvements continues throughout the home. The roof was replaced in 2025, the exterior siding was replaced in 2024, and hurricane windows, hurricane sliding doors and a hurricane rated skylight were installed in 2023. The air conditioner was replaced in 2021 and all AC ductwork was replaced in 2022. The interior was painted in 2022, while the kitchen was remodeled the same year. For buyers searching for a move in ready Cape Coral home, updated 3 bedroom homes in Cape Coral, homes with a new roof, hurricane windows, remodeled kitchen, updated bathrooms, newer AC system, screened lanai, pool potential or a split bedroom floor plan, this property offers a strong combination of updates, usable living space and future potential. With 1,656 square feet, 3 bedrooms, 2 bathrooms, a spacious primary suite, walk in closet, living room, family room, breakfast area, traditional dining space and screened in outdoor living area, the home provides plenty of flexibility for both everyday living and entertaining. Major recent improvements mean you can spend less time worrying about immediate updates and more time enjoying your Cape Coral home.

27 NE 9th Place, Cape Coral
1135 Tropicana Parkway W, Cape Coral
$335,000
3 Beds ⋅ 2 Baths ⋅ 2026042319 MLS
Welcome to this beautiful 2023-built home situated on an oversized corner lot in NW Cape Coral. This 3-bedroom, 2-bath home offers 1,656 sq. ft. of living space, a desirable split-bedroom floor plan, and a bright, open layout. Features include tile flooring throughout, quartz countertops, a spacious kitchen with a breakfast bar, impact-resistant windows and doors, tray ceilings, and a walk-in closet. Step outside to a fully fenced backyard with an open lanai and plenty of room for a future pool. The home also features an attached 2-car garage, no HOA, and city water, sewer, and irrigation assessments paid in full. Located in Flood Zone X. Schedule your private showing today!

1135 Tropicana Parkway W, Cape Coral
919 SE 18th Terrace, Cape Coral
$379,000
4 Beds ⋅ 2 Baths ⋅ 2026042110 MLS
**SPECTACULAR CUSTOM-BUILT HOME WITH EXCEPTIONAL FEATURES!** This beautifully maintained 4-bedroom, 2-bath residence offers 2,234 square feet of living space and an inviting, open floor plan filled with natural light. A newer roof and select impact-resistant windows provide added peace of mind, while the spacious layout offers plenty of room for comfortable living and entertaining. The impressive primary suite features a luxurious bathroom with dual sinks, a separate jetted soaking tub, and a walk-in shower, along with an oversized walk-in closet. Throughout the home, you'll find ceramic tile flooring in the main living areas, with carpeting in three bedrooms. The kitchen showcases granite countertops, while the living room is enhanced by a custom built-in wall unit and wiring for surround sound. A beautiful glass double-door entry creates an impressive first impression and opens to the bright, spacious interior. Step outside to the approximately 305-square-foot covered rear lanai with a tiled floor—an ideal space for morning coffee, entertaining, or enjoying the peaceful private backyard. Mature landscaping surrounds the property, while a charming front-yard koi pond with a waterfall adds a unique touch of Florida ambiance. Additional features include upgraded window coverings, abundant storage, and a well-designed floor plan that provides both functionality and privacy. **City water, sewer, and irrigation are already in place and paid in full. This custom home offers a wonderful combination of space, character, comfort, and desirable upgrades.

919 SE 18th Terrace, Cape Coral
4204 SW 3rd Avenue, Cape Coral
$412,000
3 Beds ⋅ 2 Baths ⋅ 2026042336 MLS
BOATER’S PARADISE WITH APPROXIMATELY 220 FT OF SEAWALL, NO HOA & ALL CITY WATER & SEWER ASSESSMENTS PAID IN FULL! Nestled on a rare, oversized, secluded lot in desirable Southwest Cape Coral, this 3-bedroom, 2-bathroom Gulf access home offers panoramic views of intersecting canals. Its expansive seawall and wraparound waterfront setting make this property truly special. Inside, nearly 1,900 square feet of inviting living space just FEELS LIKE HOME. Vaulted ceilings create an open, airy atmosphere, while the split bedroom layout provides privacy. Extensive cosmetic updates include porcelain plank flooring throughout, granite and marble countertops, raised panel cabinetry, a walk-in shower, a luxurious jetted soaking tub, brushed nickel fixtures, and custom window coverings. Conveniently situated near shopping, dining, and entertainment at Cape Harbour and Tarpon Point Marina, this home combines comfortable interiors with an exceptional waterfront setting. Priced to reflect the need for a new roof and repairs to the screened lanai, including some screens and framing.

4204 SW 3rd Avenue, Cape Coral
4119 NW 24th Terrace, Cape Coral
$449,900
3 Beds ⋅ 2 Baths ⋅ 2026041915 MLS
HOUSE HAS NEVER FLOODED! Pool home with a Brand New Roof (2024)! Welcome to 4119 NW 24th Ter, a beautifully move-in-ready home offered furnished. Just bring your suitcase and start enjoying Southwest Florida living. Major updates give you peace of mind, new water heater (2024), well pump (2024), AC motor and board (2023), and an RO water system (2022). Outside, the private pool area is made for entertaining, with a pool pump (2023) and a new pool strainer (2026). Solid teak outdoor furniture, sun loungers, and an outdoor fridge are all included. Inside, the kitchen features a fridge/freezer, stove (2025), and microwave (2026), with a washer and dryer (2024) for convenience. The sale includes all TVs, office furniture, living room sofas, TV unit, coffee and side tables, all bedroom furniture, and the dining table and chairs. Whether it's a full-time residence, a seasonal retreat, or an investment, this one is ready for you. Schedule your showing today!

4119 NW 24th Terrace, Cape Coral
2139 NE 28th Street, Cape Coral
$174,900
3 Beds ⋅ 2 Baths ⋅ 226036480 MLS
One or more photo(s) has been virtually staged, AI generated or rendered. OPPORTUNITY, FLEXIBILITY & POTENTIAL ! Discover the possibilities at **2139 NE 28th Street, Cape Coral, FL!** Offering 3 bedrooms, 2 bathrooms, and just under 1,200 square feet of living space, this single-family home presents an excellent opportunity for homeowners, investors, and buyers looking to create something of their own. The functional floor plan features an open living and dining area, a spacious kitchen with ample cabinetry, a primary suite, and two additional bedrooms. Outside, enjoy a partially fenced yard with mature tropical landscaping, offering room for outdoor entertaining, pets, or future improvements. **Major UPDATES include a NEW ROOF (2023) and NEW ELECTRICAL SERVICE (2023),** providing added value and peace of mind. The property is also located in **Flood Zone X**, where flood insurance is generally not required by mortgage lenders. Whether you're searching for an affordable primary residence, a seasonal Florida getaway, a long-term rental investment, or a property to renovate and personalize, this home offers flexibility for a variety of goals. Conveniently situated in Northeast Cape Coral, with access to major roadways, shopping, dining, schools, and everyday essentials, the location combines residential living with accessibility. This is your opportunity to secure a single-family home in Cape Coral with significant potential, valuable recent improvements, and the flexibility to make it your own. Bring your vision and discover the possibilities!

2139 NE 28th Street, Cape Coral
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