$6,353

closing credit¹

1204 SW 38th Ter Cape Coral, FL 33914

$535,000
3 beds
2 full
2,059 sqft
0.2 acres
$260 / sqft
House

Property details

About 1204 SW 38th Ter

Welcome to the Sunset Cabana home in the desired Pelican neighborhood of Cape Coral, where you feel like you're staying on the beach. This immaculate 3-bedroom + den, 2-bathroom POOL home is a rare find, offering nearly 2,100 sq. ft. of thoughtfully designed living space and being sold TURNKEY—just bring your toothbrush and start living the Southwest Florida dream! It is also a SUCCESSFUL VACATION RENTAL PROPERTY for the past few years with high ratings by guests. Step into the inviting open concept living area, where a spacious kitchen, dining space, and living room blend seamlessly to create the perfect setting for entertaining. Two bedrooms are conveniently located on the first floor. From here, enjoy panoramic views of the lush backyard and OVERSIZED, HEATED POOL—your private oasis awaits. The second floor boasts a serene master suite complete with a cozy separate living area and reading nook/ extra guest sleeping area that overlooks the sparkling pool below. Whether you're working from home, reading a book, or unwinding after a long day, this home offers a space for every mood. Outside, the landscaped backyard is adorned with tropical palm trees, creating a secluded paradise. The large, covered lanai is perfect for hosting family gatherings or relaxing under the Florida sunshine. With a nearly new roof completed in 2023, a new garage door in 2021, updated kitchen with stainless steel appliances and updated bathrooms, updated plumbing, and a new AC in 2024, upper windows are hurricane impact glass, along with the pool resurfaced and beautiful tiles added, every detail has been considered to ensure your comfort and peace of mind. This property isn’t just a home—it’s a lifestyle. Nestled in the quiet Pelican neighborhood, you’re just minutes away from schools, shopping, dining, entertainment, and marinas. Whether you're searching for the perfect family retreat or a proven vacation rental property, this home delivers. The home is NOT in a flood zone! Opportunities like this don’t come around often—schedule your showing today and make this rare gem your very own slice of paradise! Be sure to watch the VIDEO of the home!

Highlights

Home typeSingle Family Residence
HeatingCentral, Electric
StatusActive
CoolingCentral Air
Size2,059 sqft
Lot size0.23 Acres
Year built1984
ParkingDriveway, Garage Door Opener
MLS #A4636832
Attached garage1 space
ViewPool
Private poolYes

Virtual tour

Summary

  • MLS Number: A4636832
  • MLS Name: MFRMLS
  • Office Name: PREMIERE PLUS REALTY COMPANY
  • Office Phone: (239) 732-7837
  • Listing Agent: Jose Malachowski, PA

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/25/2025, 10:49:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front facade with a front lawn

$535,000

1204 SW 38th Ter

$6,353

closing credit¹

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Price information

Property sales

DateEventPrice
Jul 08, 2021
Home Sold
$370,000
Dec 03, 2014
Home Sold
$123,100
Jan 13, 2003
Home Sold
$154,800
Mar 17, 2001
Home Sold
$85,000

Tax history

YearAssessmentProperty Tax
2020$192,998$5,399
2019$184,111$5,199
2018$186,521$5,313
2017$176,022$5,155

History based on county public records data.

Nearby schools

7

Gulf Elementary School

Public District KG-5

1.0 mi

3400 SW 17th Pl

7

Pelican Elementary School

Public District KG-5

1.3 mi

3525 SW 3rd Ave

8

Oasis Charter Elementary School-South

Public Charter KG-5

1.5 mi

3415 Oasis Blvd

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 $60,317. The most common annual income of people living in Cape Coral, FL is between $35k-100k. The majority of families are married, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

25%
<35k
49%
35k-100k
22%
100k-200k
4%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

30%
Single, No Kids
15%
Single, with Kids
31%
Married, No Kids
24%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
10%
12-17 yrs old
20%
18-34 yrs old
43%
35-64 yrs old
12%
65+ yrs old

What do the neighbors do for fun?

  • Horse RacesHorse Races
  • Extreme SportsExtreme Sports
  • College BasketballCollege Basketball

Where do the neighbors shop?

  • Stein MartStein Mart
  • Sam's ClubSam's Club
  • DillardsDillards

Where do the neighbors go to eat?

  • LongHorn SteakhouseLongHorn Steakhouse
  • White CastleWhite Castle
  • Logan's RoadhouseLogan's Roadhouse

What do the neighbors drive?

  • BuickBuick
  • OldsmobileOldsmobile
  • HyundaiHyundai

What do the neighbors listen to?

  • Contemporary InspirationalContemporary Inspirational
  • RockRock
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1204 SW 38th Ter

This home is located at 1204 SW 38th Ter in Cape Coral, FL and zip code 33914 in the Pelican neighborhood. This 2,059 square foot home, which was built in 1984, sits on a 0.23 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 20, 2025 and is currently priced at $535,000.

In December 2024, from all listings sold in Cape Coral, FL there were more than 39 sold above asking price, over 285 sold below and more than 78 were sold right at the asked price. The number of homes for sale in Cape Coral, FL increased by 8.1% between November and December 2024. In December 2024, listings were on the market for 87 days. During the same period, the median list price in this real estate market was $390,158.

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

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