Cape Coral Homes under $500,000

Cape Coral Homes under $500,000

Welcome to Cape Coral, Florida – a hidden gem nestled in Lee County, known for its stunning waterfront views and vibrant community spirit. This picturesque city, often referred to as the "Waterfront Wonderland," boasts over 400 miles of navigable waterways, making it a paradise for boaters and outdoor enthusiasts alike. With its sunny climate, beautiful parks, and an array of recreational activities, Cape Coral offers a lifestyle that many dream of.

For those seeking their perfect home without breaking the bank, Cape Coral presents an impressive selection of properties under $500,000. Whether you're a first-time homebuyer, a growing family, or looking to invest in a vacation retreat, this charming city has something for everyone. From cozy single-family homes with lush gardens to modern townhouses with open floor plans, the options are diverse and inviting.

Imagine sipping your morning coffee on a sun-drenched patio, surrounded by swaying palm trees and the gentle sounds of nature. With homes priced affordably, you can enjoy the luxury of spacious living without sacrificing quality. Many properties feature updated kitchens, expansive backyards, and access to nearby amenities, including shopping, dining, and top-rated schools.

Cape Coral is not just a place to live; it's a lifestyle. Embrace the warm, welcoming community and explore the endless opportunities for adventure – from fishing and kayaking to biking along scenic trails. Discover your dream home in Cape Coral today and experience the perfect blend of comfort, convenience, and coastal charm!

Newest Cape Coral Homes under $500,000

1514 NE 7th Avenue, Cape Coral
$459,000
3 Beds ⋅ 3 Baths ⋅ 2026045578 MLS
High-impact opportunity in Cape Coral with city water—one of the most in-demand features in today’s market. This 3-bedroom, 3-bath pool home sits on a premium corner lot, delivering space, privacy, and long-term value. The property features a large open lanai with a resort-style pool and a designated summer kitchen area, ideal for entertaining and ready for your personal touch. The oversized, fully fenced yard adds flexibility for families, pets, and future upgrades. Inside, enjoy a clean, functional layout built for everyday living with strong resale appeal. Corner lot + pool + 3 full baths + city water is a winning combination that moves quickly. Priced to compete and positioned to sell—don’t wait on this one.

1514 NE 7th Avenue, Cape Coral
1312 SW 27th Terrace, Cape Coral
$350,000
3 Beds ⋅ 2 Baths ⋅ 2026044913 MLS
Welcome to this 3-bedroom, 2-bathroom home in Cape Coral, offering approximately 1,995 square feet of living space on a 10,019-square-foot lot. Built in 1993, this single-story home features a split-bedroom floor plan, cathedral ceilings, a foyer, a pantry, and a walk-in closet. The kitchen includes a range, refrigerator, microwave, and dishwasher, while the in-residence laundry area includes a washer and dryer. Enjoy the private, screened-in pool with solar heating and a convenient pool bath, along with a screened lanai for outdoor relaxation. The property also features an automatic sprinkler system, fencing, a two-car attached garage, and storm protection, including shutters and a Kevlar curtain for the rear lanai. With central water and sewer assessments paid, no HOA fees, and a convenient Cape Coral location, this property offers practical features and space to enjoy the Florida lifestyle.

1312 SW 27th Terrace, Cape Coral
2215 NW 19th Avenue, Cape Coral
$239,900
3 Beds ⋅ 2 Baths ⋅ 226038695 MLS
MOVE-IN READY WITH VALUABLE UPDATES AND A SPACIOUS FENCED BACKYARD! Welcome to this beautifully maintained 3-bedroom, 2-bathroom single-family home in Cape Coral, featuring a roof approximately 3 years old and an updated HVAC system! Offering the perfect combination of comfort, functionality, and outdoor living, this thoughtfully updated home is ready for its next owners. Step inside to discover an inviting open floor plan featuring hard surface flooring throughout the main living areas, providing a clean, cohesive look without carpet in the primary living spaces. The spacious layout creates a comfortable setting for everyday living while offering plenty of room to entertain family and friends. One of the standout features of this property is the generous outdoor space! Enjoy your private screened-in lanai, perfect for morning coffee, outdoor dining, or simply relaxing and enjoying the Florida weather. Beyond the lanai, the fully fenced backyard offers plenty of room for pets to roam, outdoor entertaining, gardening, or the possibility of adding your very own swimming pool! Whether you’re hosting weekend gatherings or enjoying a quiet evening outdoors, this backyard offers endless possibilities. With its functional floor plan, valuable updates, spacious outdoor living areas, and convenient Cape Coral location, this home presents an excellent opportunity for buyers looking for comfort and versatility. Don’t miss your chance to make this home yours! Schedule your private showing today!

2215 NW 19th Avenue, Cape Coral
4110 NW 39th Street, Cape Coral
$110,000
3 Beds ⋅ 2 Baths ⋅ 2026044393 MLS
Great opportunity in Cape Coral! This residential lot is being sold with valuable construction improvements already in place, including an existing concrete slab and foundation, along with completed elevation work. City-approved building plans are available, offering buyers and builders an excellent head start on their next construction project. A significant portion of the initial construction work has already been completed, providing an opportunity to save time and potentially reduce upfront construction costs. The property is being sold AS-IS with the existing improvements. Ideal for builders, investors, or buyers looking to complete a new construction home in Cape Coral. Continue the building process using the existing approved plans, subject to verification of permit status and applicable city requirements. Don't miss this opportunity to take over a project with a foundation already in place!

4110 NW 39th Street, Cape Coral
618 SW 31st Terrace, Cape Coral
$499,000
3 Beds ⋅ 3 Baths ⋅ 2026045538 MLS
Welcome to your own slice of Southwest Florida paradise! Built in 2019, this stunning 3-bedroom, 3-bathroom waterfront pool home offers over 2,000 square feet of thoughtfully designed living space, complete with a spacious 3-car garage. Step inside to discover soaring ceilings, an open-concept layout, beautiful tile flooring throughout, and a spacious kitchen with a center island that's perfect for entertaining. The desirable split-bedroom floor plan provides added privacy, while the generous primary suite features a relaxing soaking tub, separate shower, and dual sinks. Step outside to your private tropical retreat, where an expansive screened lanai, sparkling in-ground pool, and peaceful freshwater canal views create the perfect setting for morning coffee, weekend gatherings, or simply unwinding. Outdoor enthusiasts will appreciate access to a public boat ramp for launching jet skis and canoes, making it easy to get out on the water and enjoy the Florida sunshine. Additional highlights include impact-resistant windows, no HOA fees, and paid water and sewer assessments. Conveniently located near shopping, dining, and everything Cape Coral has to offer, this home delivers the perfect combination of comfort, style, and Florida waterfront living. Don't miss your opportunity to make this beautiful property yours. Schedule your private showing today!

618 SW 31st Terrace, Cape Coral
518 SE Van Loon Terrace, Cape Coral
$365,000
3 Beds ⋅ 2 Baths ⋅ 2026035430 MLS
Built in 2023 and situated on a desirable corner lot in Southeast Cape Coral, this 3-bedroom, 2-bathroom home offers modern finishes, thoughtful upgrades, and outdoor space with plenty of possibilities. The corner lot provides added flexibility, including convenient access for potential backyard boat parking. Inside, the kitchen features custom finishes and a matching custom dining table, creating a cohesive space for cooking, dining, and entertaining. Both bathrooms feature quartz countertops on the vanities, adding a refined touch throughout the home. Step outside to a screened-in patio overlooking a spacious backyard, completely enclosed by a privacy fence. With plenty of room for a future pool, outdoor entertaining, or simply enjoying your own private outdoor space, there's flexibility to make it your own. Adding to the appeal, city water and sewer assessments are paid in full, and the property is located in Flood Zone X, two valuable considerations for Cape Coral buyers. Conveniently located near local parks, shopping, dining, and major routes providing easy access in and out of Cape Coral. With newer construction, meaningful improvements, a fully fenced corner lot, and a convenient Southeast Cape Coral location, this home offers a great combination of comfort, practicality, and the Southwest Florida lifestyle.

518 SE Van Loon Terrace, Cape Coral
3047 NW 41st Place, Cape Coral
$299,000
3 Beds ⋅ 3 Baths ⋅ 226039116 MLS
Discover contemporary style and the best of the Florida lifestyle in this beautifully designed, modern 3bed 3bath home situated on an oversized corner lot in NW Cape Coral. Enjoy a sleek, modern aesthetic paired with an unbeatable location, just a short walk from the new Crystal Lake Park and the scenic Charlotte Preserve trails, offering a nature filled escape with trails leading to a private beach. Whether you're looking for your dream home, a seasonal getaway, or an investment opportunity, this property offers the perfect combination of modern design, spacious surroundings, and outdoor adventure. Experience the best of Southwest Florida living, where contemporary comfort meets the beauty of nature!

3047 NW 41st Place, Cape Coral
2122 NW 14th Lane, Cape Coral
$335,000
3 Beds ⋅ 2 Baths ⋅ 2026045228 MLS
Welcome to your own slice of Florida living! This inviting 3-bedroom, 2-bathroom pool home in Cape Coral combines fresh updates, everyday comfort, and the outdoor lifestyle Southwest Florida is known for. Fresh interior paint and new flooring throughout the main living area create a clean, refreshed feel and a welcoming space to call home. The spacious primary suite offers a relaxing retreat, featuring a large walk-in closet, a walk-in shower, dual sinks, and a jetted soaking tub—perfect for unwinding at the end of the day. Step outside to your private, fenced backyard and discover the screened-in swimming pool and covered patio, creating the perfect setting for entertaining guests, enjoying weekend gatherings, or simply relaxing in the Florida sunshine. The screened pool area offers added protection from insects, while the covered patio provides a comfortable, shaded space to lounge or dine outdoors. Additional features include a convenient two-car garage, a roof replaced in 2017, and a recently replaced air conditioning system and water heater, offering added peace of mind for the next owner. Situated in a non-flood zone, this property offers another appealing advantage for buyers considering homeownership in Southwest Florida. Whether you're searching for a full-time residence, a seasonal retreat, or an investment opportunity, this home offers a wonderful combination of refreshed interiors, desirable updates, private outdoor enjoyment, and the relaxed Florida lifestyle. Don't miss the opportunity to make this Cape Coral pool home your own!

2122 NW 14th Lane, Cape Coral
1330 NE 7th Place, Cape Coral
$412,415
5 Beds ⋅ 3 Baths ⋅ 226039375 MLS
WELCOME TO YOUR NEW DR HORTON HOME!! This is our appealing one-story, open concept, 2077 sqft LAKESIDE Floorplan featuring 5 bedrooms, 3 bathrooms, 2-car garage, a covered under-trusses lanai and all concrete block construction. This home is on a beautiful lot located in Cape Coral WITH ALL ASSESSMENTS PAID. This home boasts Designer cabinets and quartz countertops in both the kitchen and baths. Experience the timeless beauty and durability of Ceramic Plank Tile throughout the home as well as Tiled Shower Walls, modern flat stock trim and baseboards, all stainless kitchen appliances including refrigerator, paver driveways and lanai, irrigation system, and garage door openers. Be wowed by the INCLUDED “home-is-connected” package home automation system. We also offer a full builder’s warranty along with a vast array of financing options for you to choose from. This is why owning a brand-new home from America’s largest builder is going to be your best option. These homes move quickly so don’t miss out.

1330 NE 7th Place, Cape Coral
2826 NW 42nd Avenue, Cape Coral
$355,000
3 Beds ⋅ 2 Baths ⋅ 2026045455 MLS
Some homes make you pause at the front door. Here, it’s the dramatic 16-foot ceilings, the natural light pouring through oversized impact windows and doors, and the feeling of room to breathe. Clean architectural lines and contemporary finishes set the tone for a home that feels bright, open, and refreshingly calm. The great room brings everyday life together, with an easy connection to the kitchen that makes hosting feel effortless. Start the morning with coffee at the breakfast bar, spread out a few appetizers when friends stop by, or enjoy a quiet evening with room to stretch out. Quartz countertops, new, never-used Samsung stainless steel appliances, and abundant cabinetry give the kitchen a polished look with plenty of everyday function. Comfortable bedrooms offer a place to recharge, while a separate den creates an opportunity for a space devoted to you. Unroll a yoga mat, set up a home gym, create a nursery, or make it your dedicated workspace. Custom tiled showers with body jets bring a spa-inspired finish to your daily routine. Outside, the yard offers space to carry that relaxed feeling into the open air. Imagine lush plantings around a shaded lounge area, dinner under string lights, or a peaceful spot to enjoy the evening breeze. No HOA adds to the appeal. Set in Northwest Cape Coral near Burnt Store Marina, the home offers access to nearby boating, golf, parks, and dining, with shopping and everyday essentials along the Pine Island Road corridor. The design makes an impression. The light, openness, and comfortable flow make you want to settle in. Schedule a private showing and experience it for yourself. Some pictures are virtually staged

2826 NW 42nd Avenue, Cape Coral
1420 SW 49th Street, Cape Coral
$430,000
3 Beds ⋅ 2 Baths ⋅ 226039219 MLS
Welcome to your dream Florida home at 1420 SW 49th St, located in one of the most desirable neighborhoods in Southwest Cape Coral. This beautifully designed single-family home features three bedrooms, two bathrooms, and a two-car garage spread across nearly 2,000 square feet of bright, open living space. The split-bedroom floor plan highlights a spacious great room concept with soaring vaulted ceilings, a large kitchen equipped with solid surface countertops and extensive cabinetry, and a cozy breakfast nook that overlooks the pool. The highlight of the home is the expansive primary suite, offering a generous layout complete with a private sitting room that leads directly out to the pool area via sliding glass doors. The spa-like master ensuite features a large soaking tub, a separate walk-in shower, dual sinks, and a private water closet. Outside, the large screened-in lanai and pool enclosure create a private oasis perfect for relaxation or entertaining, complemented by a fully fenced backyard and a convenient secondary pool bath access. For maximum peace of mind and storm safety, the home is equipped with high-impact windows and accordion shutters. Positioned in an unbeatable location, this property offers incredible walkability—you can easily stroll to Cape Harbour or the nearby Publix at Camelot Isles Plaza. Living here means being moments away from the absolute best waterfront dining, boutique shopping, and vibrant entertainment that the SW Cape has to offer.

1420 SW 49th Street, Cape Coral
1230 SE 3rd Avenue, Cape Coral
$423,500
3 Beds ⋅ 2 Baths ⋅ 2026045169 MLS
Step into your own tropical retreat! This property features a spacious screened lanai, a free form heated pool and spa and lush landscaping providing shade and privacy. Plenty of room for outdoor furniture, a TV viewing area and more. The newer white privacy FENCE provides security for pets and kids. Upgrades include a widened concrete driveway, solar panels that provide strong consistent energy with fixed electric bills, a newer roof (2023 )a new pool pump (2026) and a newer 3 ton 16 seer Rheem AC. Inside there’s a bright open concept floor plan featuring 10 ft ceilings and tile and LVP flooring throughout- NO carpet. The kitchen has custom wood cabinetry, a breakfast bar, granite countertops, and newer Whirlpool stainless steel appliances. Split bedroom floor plan offers privacy in the primary with a flex space that can be used as a sitting area, nursery or home office The en suite features a walk in closet, double vanities, a relaxing soaking tub and a separate shower. Located in central Cape Coral convenient to everything . On city water and sewer - all assessments paid . NO Flood insurance required.

1230 SE 3rd Avenue, Cape Coral
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