1 of 34

Want to see this home?

116 SW 38th Terrace

Cape Coral, FL 33914

3 beds
2 baths
1,784 sqft
$386 per sqft
2004 build
– on site

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!

Listing courtesy of FGCMLS / Century 21 Selling Paradise

Last checked: Checking… • Last updated May 16, 2025 •

MLS# 224100147 —

The Building

Year Built:

2004
Construction Materials:

Block,Concrete,Stucco
Building Area Total:

3128.0
Building Area Source:

Appraiser
Architectural Style:

Ranch,OneStory
Roof:

Shingle
Exterior Features:

SprinklerIrrigation,OutdoorShower,ShuttersManual
Window Features:

Arched,SingleHung,Sliding,WindowCoverings
Patio And Porch Features:

Lanai,Porch,Screened
Security Features:

None,SmokeDetectors
Stories:

1
Stories Total:

1
Entry Level:

1
Direction Faces:

North

Interior

Interior Features:

Attic,BreakfastBar,DualSinks,FamilyDiningRoom,LivingDiningRoom,MultipleShowerHeads,Pantry,PullDownAtticStairs,ShowerOnly,SeparateShower,CableTv,VaultedCeilings,WindowTreatments,SplitBedrooms
Furnished:

Furnished
Flooring:

Vinyl
Laundry Features:

Inside

Room Dimensions

Living Area:

1784.0
Living Area Source:

Appraiser

Financial & Terms

Possession:

CloseOfEscrow

Location

Latitude:

26.580425
Longitude:

-81.975377

The Property

Property Type:

Residential
Property Subtype:

SingleFamilyResidence
Property Subtype Additional:

SingleFamilyResidence
Property Condition:

Resale
View:

Canal
View:

true
Lot Features:

RectangularLot,SprinklersAutomatic
Lot Size Acres:

0.23
Lot Size Area:

0.23
Lot Size Units:

Acres
Lot Size Source:

Appraiser
Lot Size Dimensions:

80 x 125 x 80 x 125
Lot Dimensions Source:

Appraiser
Zoning Description:

R1-W
Parcel Number:

02-45-23-C3-01815.0080
Waterfront:

true
Waterfront Features:

CanalAccess
Road Responsibility:

PublicMaintainedRoad

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Lot:

8
Tax Legal Description:

CAPE CORAL UNIT 45 BLK 1815 PB 21 PG 125 LOTS 8 + 9
Tax Annual Amount:

8832.49

Beds

Total Bedrooms:

3

Baths

Total Baths:

2
Full Baths:

2

The Listing

Virtual Tour URL Branded:

https://www.asteroommls.com/pviewer?hideleadgen=1&token=BB3cCGdudEmKV3dYWE6brw
Virtual Tour URL Unbranded:

https://youtu.be/_obpPcI-Rns
Virtual Tour URL Unbranded 2:

https://www.asteroommls.com/pviewer?hideleadgen=1&token=BB3cCGdudEmKV3dYWE6brw

Heating & Cooling

Heating:

Central,Electric
Heating:

true
Cooling:

CentralAir,CeilingFans,Electric
Cooling:

true

Utilities

Utilities:

CableAvailable,HighSpeedInternetAvailable
Sewer:

AssessmentPaid
Water Source:

AssessmentPaid

Appliances

Appliances:

Dryer,Dishwasher,ElectricCooktop,Disposal,Microwave,Range,Refrigerator,SelfCleaningOven,Washer

The Community

Subdivision Name:

CAPE CORAL
# of Units In Community:

1
Association:

false
Association Fee Includes:

None
Association Amenities:

None
Spa:

false
Pool Features:

Concrete,ElectricHeat,Heated,InGround,PoolEquipment,ScreenEnclosure,SaltWater
Pool Private:

true
Pets Allowed:

Yes
Senior Community:

false

Parking

Garage:

true
Garage Spaces:

2.0
Attached Garage:

true
Carport:

false
Covered Spaces:

2.0
Parking Features:

Attached,CircularDriveway,Driveway,Garage,Paved,GarageDoorOpener

Monthly cost estimate

Asking price

$690,000

Expense	Monthly cost
Mortgage	$3,694
Taxes	$736
Insurance	$189
Utilities	$145 See report
Total	$4,764/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Want a closer look?

Go see 116 SW 38th Terrace

Or Call Toll Free 1-800-258-2512

We guarantee that we’ll never spam you.

* indicates a required field

More homes

Newest listings in Cape Coral, FL

Similar sold homes

This house located in Pelican, Cape Coral, FL 33914 is currently for sale for $690,000. 116 SW 38th Terrace is a 1,784 square foot house with 3 beds and 2 baths that has been on Estately for 191 days. 116 SW 38th Terrace is in the Pelican neighborhood of Cape Coral and has a WalkScore® of 5, making it car-dependent. This house is in the attendance area of Trafalgar Elementary School, Challenger Middle School, Caloosa Elementary School, Skyline Elementary School, Mariner High School, Pelican Elementary School, Gulf Middle School, Patriot Elementary School, Mariner Middle School, and Caloosa Middle School.

Listing Courtesy of: FGCMLS and Century 21 Selling Paradise. Data displayed here has not been verified by Estately. Disclaimers