$690,000

116 SW 38th Ter Cape Coral, FL 33914

$8,194
Closing credit¹
3 beds
2 full
1,784 sqft
0.2 acres
$387 / sqft
House

Property details

About 116 SW 38th Ter

BOATER’S PARADISE – PRIME LOCATION WITH GULF ACCESS! If boating, waterfront living, and breathtaking sunsets are what you’re after, this home delivers the ultimate Florida lifestyle! Located in a highly sought-after boating community, this property offers quick and easy access to open waters—no long idle times, just hop on your boat and go! After a day of cruising, fishing, or exploring nearby beaches, return to your own outdoor oasis. Take a dip in the heated saltwater pool while watching dolphins and manatees glide by, then relax with a cocktail under the expansive tiki hut as the sun sets over the water. Inside, this stunningly renovated home is just as impressive. The open living, dining, and kitchen areas are beautifully updated, with brand-new flooring, baseboards, and fresh paint in 2023. The chef’s kitchen features a sleek new stove with a built-in air fryer, making cooking a breeze. The spacious master suite is a true sanctuary, complete with a cozy sitting area overlooking the lanai—ideal for unwinding after a day on the water. With a split-bedroom floor plan, your guests can enjoy complete privacy in the two additional bedrooms on the opposite side of the home. Meticulously maintained and updated, this home boasts: NEW HVAC, pool, and hot water heater (2021) NEW roof and tiki hut roof (2022) NEW black iron fence, flooring, baseboards, and paint (2023) Whether you’re searching for a full-time waterfront residence, a seasonal escape, or a lucrative investment property, this home checks every box. Move-in ready and waiting for you—start living your boating dream today!

Highlights

Home typeSingle Family Residence
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Ceiling Fan(s), Electric
Size1,784 sqft
Lot size0.23 Acres
Year built2004
ParkingAttached, Circular Driveway, Driveway, Garage, Paved, Garage Door Opener
MLS #224100147
Attached garage2 spaces
WaterfrontCanal
ViewCanal
Private poolYes

Virtual tour

Summary

  • MLS Number: 224100147
  • MLS Name: SWFL
  • Office Name: Century 21 Selling Paradise
  • Office Phone: (239) 542-5777
  • Office Email: laurie.guminski@c21sp.com
  • Listing Agent: Marne Eldred

IDX The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is for consumers` personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/23/2025, 9:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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dock area featuring a water view and boat lift

$690,000

116 SW 38th Ter

$8,194

closing credit¹

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Price information

Property sales

DateEventPrice
Mar 02, 2021
Home Sold
$445,000
Dec 02, 2019
Home Sold
$269,000

Tax history

YearAssessmentProperty Tax
2023$661,397$11,258
2022$596,974$10,127
2021$337,398$10,127
2020$281,021$6,440
2019$265,668$5,337
2018$263,794$5,437
2017$239,813$5,056

History based on county public records data.

Nearby schools

4

Pelican Elementary School

Public District KG-5

0.5 mi

3525 SW 3rd Ave

8

Cape Elementary School

Public District KG-5

1.9 mi

4519 Vincennes Blvd

6

Gulf Elementary School

Public District KG-5

2.4 mi

3400 SW 17th Pl

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $70,171. Typical income of Cape Coral, FL residents is between $35k-100k annually. Residents typically live in married, no kids family. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

19%
<35k
56%
35k-100k
20%
100k-200k
5%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

32%
Single, No Kids
12%
Single, with Kids
35%
Married, No Kids
21%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

12%
<11 yrs old
9%
12-17 yrs old
20%
18-34 yrs old
43%
35-64 yrs old
16%
65+ yrs old

What do the neighbors do for fun?

  • Hiking/backpackingHiking/backpacking
  • Horse RacesHorse Races
  • Extreme SportsExtreme Sports

Where do the neighbors shop?

  • Nordstrom RackNordstrom Rack
  • Stein MartStein Mart
  • Sam's ClubSam's Club

Where do the neighbors go to eat?

  • ChipotleChipotle
  • LongHorn SteakhouseLongHorn Steakhouse
  • White CastleWhite Castle

What do the neighbors drive?

  • MazdaMazda
  • BuickBuick
  • OldsmobileOldsmobile

What do the neighbors listen to?

  • RockRock
  • Contemporary InspirationalContemporary Inspirational
  • ClassicalClassical
All data provided by Home Junction and Claritas

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Frequently asked questions

About 116 SW 38th Ter

This home is located at 116 SW 38th Ter in Cape Coral, FL and zip code 33914 in the Pelican neighborhood. This 1,784 square foot home, which was built in 2004, sits on a 0.23 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 11, 2024 and is currently priced at $690,000.

Over 52 listings were sold over their listed price in March 2025 in Cape Coral, FL. In the same period over 425 listings were sold below the listed price and 114 listings were sold for the listed price. Between February and March 2025, Cape Coral, FL real estate market has seen increase in the number of listings by 8.9%. In March 2025 median list price was $387,600 and the average listing age was 84 days.

From Rocket Homes Real Estate and based on county public records data.

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