$10,000 Closing Credit¹
#224103416, Lisa Peters, Listing Office: Century 21 Selling Paradise
$1,450,000 List price
118 SW 51st Ter Cape Coral, FL 33914
$10,000
Closing credit¹
4 beds
3 full
2,300 sqft
0.2 acres
$630 / sqft
House
Property details
About 118 SW 51st Ter
DIRECT GULF ACCESS – Just 7 Minutes to Open Water! Welcome to your slice of paradise in one of Cape Coral’s most sought-after waterfront neighborhoods. This beautifully furnished, fully updated home offers expansive, oversized canal views and deep water access – perfect for boating enthusiasts. Bring your big boats – there’s a private dock with a 10,000 lb. boat lift ready and waiting. Step inside to a tastefully decorated interior featuring a designer kitchen, luxurious bathrooms, and all-new appliances, including a washer and dryer. Open & spacious Floor plan with Vaulted Ceilings. Enjoy modern upgrades like electric window and door shades, a hurricane-rated 4-panel sliding door, custom closets, and epoxy-coated garage floors. Take a dip in the huge heated pool, ideal for year-round enjoyment, whether you’re soaking up the Florida sun or enjoying a cool evening swim. The Southwest exposure offers breathtaking sunsets that light up the sky every night. 4 bedroom 3 bathrooms - 2 master suites. This home is a perfect year-round residence or a lucrative short-term rental opportunity. Stated income financing available for investors – let your vacation home work for you when you're away! Don’t miss your chance to make your Florida waterfront dream a reality!
Highlights
Home typeSingle Family Residence
HeatingCentral, Electric, None
StatusActive
CoolingCentral Air, Ceiling Fan(s), Electric
Size2,300 sqft
Lot size0.24 Acres
Year built1996
ParkingAttached, Garage, Garage Door Opener
MLS #225035708
Attached garage3 spaces
WaterfrontCanal
ViewCanal
Private poolYes
Summary
- MLS Number: 225035708
- MLS Name: SWFL
- Office Name: Allison James Estates & Homes
- Office Phone: (941) 500-4922
- Office Email: Jon@FloridaWaterLife.com
- Listing Agent: Valerie Peterson
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: 4/24/2025, 8:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$1,450,000
118 SW 51st Ter
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $1,043,238 | $16,705 |
| 2022 | $813,901 | $13,573 |
| 2021 | $522,997 | $13,573 |
| 2020 | $242,679 | $4,189 |
| 2019 | $237,223 | $4,127 |
| 2018 | $232,800 | $4,122 |
| 2017 | $228,012 | $4,099 |
History based on county public records data.
Nearby schools
8
Cape Elementary School
Public District KG-5
1.8 mi
•4519 Vincennes Blvd
4
Pelican Elementary School
Public District KG-5
2.1 mi
•3525 SW 3rd Ave
6
Gulf Elementary School
Public District KG-5
3.3 mi
•3400 SW 17th Pl
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $58,252. The majority of Cape Coral, FL residents have income between $35k-100k annually. Typical family type is married, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
31%
<35k
48%
35k-100k
18%
100k-200k
3%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
36%
Single, No Kids
4%
Single, with Kids
50%
Married, No Kids
10%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
7%
<11 yrs old
4%
12-17 yrs old
11%
18-34 yrs old
49%
35-64 yrs old
29%
65+ yrs old
What do the neighbors do for fun?
Hiking/backpacking
PGA/LPGA
Figure Skating
Where do the neighbors shop?
Nordstrom Rack
Stein Mart
Chico's
Where do the neighbors go to eat?
Chipotle
Bonefish Grill
Bob Evans
What do the neighbors drive?
Mazda
Lincoln
Cadillac
What do the neighbors listen to?
Rock
Classical
News
All data provided by Home Junction and Claritas
Similar homes for sale
Tour
$10,000 Closing Credit¹
#225003426, Marlene Cohn, Listing Office: Miloff Aubuchon Realty Group
$10,000 Closing Credit¹
#225018408, Kevin Koch, Listing Office: Vacationhit Realty
$10,000 Closing Credit¹
#225020343, Brian Majkowski, Listing Office: Starlink Realty, Inc
$10,000 Closing Credit¹
#225018948, Maureen Gobbi, Listing Office: RE/MAX Trend
$10,000 Closing Credit¹
#224091846, Anthony Yimin, Listing Office: Premiere Plus Realty Company
$10,000 Closing Credit¹
#224102461, Troy De Mond, Listing Office: Royal Shell Real Estate, Inc.
Tour
$10,000 Closing Credit¹
#A11754253, Steven Thompson, Listing Office: Home for Sale Miami FL Inc
$10,000 Closing Credit¹
#225017245, Ryan Newby, Listing Office: EXP Realty LLC
$10,000 Closing Credit¹
#225038047, Margie Birch, Listing Office: RE/MAX Trend
Frequently asked questions
About 118 SW 51st Ter
This home is located at 118 SW 51st Ter in Cape Coral, FL and zip code 33914 in the Pelican neighborhood. This 2,300 square foot home, which was built in 1996, sits on a 0.24 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 13, 2025 and is currently priced at $1,450,000.
While more than 52 listings in Cape Coral, FL in March 2025 were sold above asking price, there were more than 114 listings sold at asking price, and more than 425 were sold below. The number of listings in Cape Coral, FL increased by 8.9% between February and March 2025. Listings spent 84 days on the market in March 2025, and had a median list price of $387,600 during the same period.
From Rocket Homes Real Estate and based on county public records data.