Cape Coral Homes under $500,000

Cape Coral Homes under $500,000

Welcome to Cape Coral, Florida, a vibrant city nestled in Lee County that boasts a unique blend of natural beauty, modern amenities, and a welcoming community spirit. Known as the “Waterfront Wonderland,” Cape Coral features over 400 miles of navigable waterways, offering residents a picturesque backdrop for boating, fishing, and enjoying the great outdoors. With its sunny climate and stunning sunsets, it’s no wonder that Cape Coral is a sought-after destination for families, retirees, and anyone looking to embrace a relaxed Florida lifestyle.

If you’re in the market for a home without breaking the bank, Cape Coral has a variety of options under $500,000 that cater to diverse tastes and needs. Whether you’re searching for a cozy single-family home, a spacious townhouse, or a charming villa, you’ll find properties that combine affordability with style and comfort. Many of these homes feature modern finishes, open floor plans, and outdoor spaces perfect for entertaining or simply enjoying the serene surroundings.

Living in Cape Coral means you’ll have access to excellent schools, beautiful parks, and a vibrant local dining scene. Plus, with convenient access to nearby Fort Myers and stunning Gulf Coast beaches, you’ll never run out of activities to enjoy.

Come discover the charm of Cape Coral and explore the fantastic homes available under $500,000. Your dream home awaits in this beautiful slice of Florida paradise!

Newest Cape Coral Homes under $500,000

1246 NW 19th Terrace, Cape Coral
$340,000
3 Beds ⋅ 2 Baths ⋅ 2026044870 MLS
Better than brand new this 3 bedroom plus den, 2 bathroom 2 car garage. Built on large corner lot the Split bedrooms give evryone their own space, the kitchen opens to dining and living with garden view make for great gatherings. in a quiet neighborhood, close to schools, public library, shopping dining, tennis & pickle ball, gym, public parks with fishing, boat ramp. All the amenities just minutes away, No HOA, NO flood insurance Solar panels, thermal low impact windows keep your running costs low.

1246 NW 19th Terrace, Cape Coral
1117 SE 23rd Street, Cape Coral
$330,000
3 Beds ⋅ 2 Baths ⋅ 2026044887 MLS
Some homes just have that warm, welcoming feeling the moment you walk in, and this is one of them! Tucked into an established neighborhood in Southeast Cape Coral, this 3-bedroom, 2-bathroom pool home offers a wonderful combination of comfort, thoughtful updates, and the freedom to truly make it your own. NO HOA, NO PET RESTRICTIONS, and located in FLOOD ZONE X! The big-ticket improvements? Already taken care of! The home features permitted roofing work completed in 2023, with a passed final inspection, along with a permitted electrical riser replacement in 2022. The A/C system is approximately 5 years old, while the WATER HEATER and GARAGE DOOR OPENER are both approximately 1 year old. The exterior was painted in 2025, the interior has been freshly painted just before listing, and the sprinkler system has a new timer. For added peace of mind, some windows are hurricane-impact rated, while the remaining windows have hurricane shutters, including accordion-style and manual metal protection. It’s the little things, along with the big ones, that make a difference! Inside, you’ll find 1,375 square feet of living space and a two-car garage. But the real Florida magic happens out back! Step outside into your spacious screened-in pool enclosure, featuring a covered lanai, a private swimming pool, and plenty of room for outdoor lounging and entertaining. Imagine slow mornings with coffee on the patio, lazy afternoons by the pool, and evenings spent enjoying the warm Florida breeze. The approximately 0.23-acre lot gives you even more room to relax and enjoy your own little piece of Florida sunshine. And the location? You’re close to shopping, restaurants, parks, schools, and everyday conveniences, yet comfortably settled into a residential neighborhood. Whether you’re looking for a place to call home year-round, a sunny winter escape, or an addition to your investment portfolio, this one is definitely worth a look. Come see it for yourself! PLEASE NOTE: Some listing photos have been virtually staged to illustrate the home’s potential. Furniture and decorative items shown in virtually staged images are digitally added and are not included in the sale.

1117 SE 23rd Street, Cape Coral
3401 SW 25th Place, Cape Coral
$469,000
3 Beds ⋅ 2 Baths ⋅ 2026034647 MLS
Grab your Prime Southwest Cape Coral Opportunity today!! Surrounded by Luxury Waterfront Living.... Nestled in one of the most desirable and highly sought-after Southwest Cape Coral neighborhoods, this charming 3-bedroom, 2-bath residence is perfectly positioned across from Gulf access properties. You will be surrounded by stunning million-dollar homes lining the street an upside for appreciation is tremendous. Offering a spacious split-bedroom floor plan, soaring volume ceilings, an abundance of windows offering loads of natural lighting, tile flooring throughout. Owner has put in numerous recent updates and upgrades to give the new owners peace of mind, including a new roof (2023), new hurricane-rated garage door, (2023) new stainless steel kitchen appliances (2023) new washer and dryer, new water heater, and a newer A/C system ( all just a couple years old) The well-designed layout flows seamlessly to an expansive screened lanai, providing the perfect space to relax, entertain, and enjoy Florida's year-round lifestyle. Beautiful mature landscaping enhances the home's curb appeal, while the exceptional location places you just minutes from shopping, dining, entertainment, and some of Cape Coral's most desirable neighborhood. Families will appreciate the convenience of nearby elementary and middle schools. Whether you're searching for a primary residence, seasonal retreat, or investment opportunity, this well-maintained home offers incredible value in a neighborhood known for its luxury and premier Southwest Cape Coral location. Don't miss your chance to own in one of Cape Coral's most coveted areas, where waterfront living and upscale homes define the neighborhood.

3401 SW 25th Place, Cape Coral
401 SE 15th Terrace, Cape Coral
$260,000
3 Beds ⋅ 2 Baths ⋅ 2026045076 MLS
There's something refreshing about a Cape Coral home that offers comfortable living, an inviting layout, a generous backyard, and no HOA fees. Located at 401 SE 15th Terrace in Southeast Cape Coral, FL, this 3-bedroom, 2-bath single-family home offers 1,226 square feet of living area on a 0.23-acre lot, with an attached 2-car garage and plenty of possibilities for enjoying the Southwest Florida lifestyle. Inside, vaulted ceilings and beautiful arched windows create an airy, welcoming atmosphere that makes the main living space feel open and inviting. The split-bedroom floor plan provides welcome separation between the primary suite and guest bedrooms, while the living and dining areas offer a comfortable setting for everyday living and entertaining. The kitchen features white cabinetry, stainless steel appliances, and a convenient connection to the dining area. Where preparing meals and gathering around the table feel naturally connected. Step through the sliding glass doors to the screened lanai, an inviting place to enjoy morning coffee, an evening breeze, or simply a little time outdoors. Beyond the lanai, the spacious lawn and mature trees create a backyard with room to relax, garden, or imagine future outdoor improvements. The Southeast Cape Coral location provides access to Del Prado Boulevard, shopping, dining, healthcare, and recreational destinations throughout the city. With no HOA fees and a combination of indoor comfort and outdoor space, this home offers an appealing opportunity in Southwest Florida real estate.

401 SE 15th Terrace, Cape Coral
915 NW 9th Place, Cape Coral
$344,900
4 Beds ⋅ 3 Baths ⋅ 2026044768 MLS
MOVE-IN READY—DON’T WAIT! $18,000 CLOSING COST ASSISTANCE , This high-demand Sunset Harbor plan delivers 4 bedrooms, 3 bathrooms, and dual primary suites—perfect for guests, a home office, or multigenerational living. The open layout hits immediately, anchored by a standout kitchen with quartz countertops, stainless steel appliances, all-wood shaker cabinets, a massive island, and a walk-in pantry—built to impress and actually function. Bright, open living and dining spaces flow effortlessly with natural light throughout. Tile flooring in entire house , The owner’s suite is a true retreat with a spa-style bath and generous closet space. Step outside to a spacious homesite with room to create your ideal outdoor setup—pool, patio, or both. NO FLOOD ZONE + IMPACT WINDOWS = LOWER INSURANCE + LONG-TERM VALUE. Clean design. Smart layout. Proven plan that sells fast. Virtually staged photos included. This is the Sunset Harbor plan

915 NW 9th Place, Cape Coral
3809 Agualinda Boulevard, Cape Coral
$425,000
3 Beds ⋅ 2 Baths ⋅ 2026044165 MLS
$4,000 PAINT ALLOWANCE. Welcome to this beautiful 3-bedroom plus den, 2-bathroom pool home, ideally located in a convenient area of Cape Coral! Featuring a spacious open floor plan and volume ceilings, this home offers a bright, airy atmosphere perfect for both everyday living and entertaining. The kitchen overlooks the main living area and features NEW stainless steel appliances and a breakfast bar with additional seating. The generously sized primary suite offers an ensuite bathroom complete with dual sinks and a walk-in shower. Two additional bedrooms and a versatile den provide plenty of space for family, guests, or a home office. Step outside to your own private backyard retreat, where a screened lanai and sparkling pool create the perfect setting for relaxing or entertaining. Mature landscaping surrounds the outdoor space, offering added privacy and a peaceful tropical atmosphere. The guest bathroom conveniently doubles as a pool bath, providing easy access from the lanai. The home also features a NEW roof, providing added peace of mind and long-term value for its new owners. With its inviting layout, private outdoor living space, and convenient Cape Coral location near shopping, dining, and everyday amenities, this home offers the perfect combination of comfort and Florida living!

3809 Agualinda Boulevard, Cape Coral
1414 NE 3rd Avenue, Cape Coral
$399,990
4 Beds ⋅ 2 Baths ⋅ 2026045173 MLS
CITY WATER AND NO FLOOD ZONE! Discover this brand-new, move-in-ready home situated on a corner lot and complete with a builder’s warranty. Thoughtfully designed with porcelain tile throughout, this home offers a beautiful blend of comfort and style. The primary suite features a gorgeous bathroom with a spa-like tub, creating the perfect place to unwind at the end of the day. Custom closets throughout the home provide additional storage and a polished touch. Enjoy the Florida lifestyle with an outdoor kitchen, ideal for preparing meals and entertaining. Additional features include impact-resistant windows and doors and laundry in residence. With its modern finishes and inviting spaces, this home is ready for you to move in and make it your own.

1414 NE 3rd Avenue, Cape Coral
1407 NW 17th Place, Cape Coral
$289,000
4 Beds ⋅ 2 Baths ⋅ 226038283 MLS
One or more photo(s) has been virtually staged, AI generated or rendered. New construction on a spacious 10,629-square-foot lot, this 2025 home is move-in ready. The open floor plan offers four bedrooms, two bathrooms, and a two-car garage. The modern kitchen features shaker-style cabinets, a large island with upgraded quartz countertops, and a dishwasher, microwave, refrigerator, and range. The home also features tile-plank flooring and vaulted ceilings. The owner’s suite includes a private bathroom, separate linen closet, and large walk-in closet. Three guest bedrooms and a second bathroom are located on the opposite side of the home. Washer and dryer are included. Outside, enjoy a brick-paver driveway and irrigation system. Impact-resistant windows and doors and recently installed blinds add comfort and convenience.

1407 NW 17th Place, Cape Coral
304 SW 43rd Lane, Cape Coral
$429,999
3 Beds ⋅ 2 Baths ⋅ 2026044090 MLS
YOUR PRIVATE FLORIDA OASIS IS WAITING! Imagine coming home to your own slice of paradise! This inviting 3-bedroom, 2-bathroom home in Cape Coral sits on a desirable corner triple lot, offering extra outdoor space, beautiful landscaping, and fruit trees that bring the charm of Florida living right to your doorstep. Step outside and enjoy the beauty of the lush surroundings, pick fresh fruit, entertain friends and family, or unwind in the included Jacuzzi after a long day. Inside, updated appliances and comfortable living spaces make this home an exciting opportunity to create the lifestyle you’ve been dreaming of. An attached two-car garage adds everyday convenience. The spacious outdoor setting offers endless possibilities to personalize your property, create your dream garden, or design an inviting outdoor entertaining area. Whether you’re searching for your next home, a Florida getaway, or a property with room to make your own, this is an opportunity worth exploring! WHY JUST DREAM ABOUT THE FLORIDA LIFESTYLE WHEN YOU CAN LIVE IT? Properties with a triple lot, beautiful landscaping, and your own backyard retreat are worth a closer look. Don’t let this opportunity pass you by! Call today, schedule your private showing, and come experience the possibilities for yourself. Your Cape Coral oasis may be waiting right here!

304 SW 43rd Lane, Cape Coral
3327 NW 6th Terrace, Cape Coral
$414,000
3 Beds ⋅ 3 Baths ⋅ 2026044759 MLS
Discover the perfect blend of space, comfort, and modern convenience in this charming two-story home! Built in 2018, this home offers 3 bedrooms, 2.5 bathrooms, and 1,709 square feet of living space on an expansive 0.32-acre fenced lot, providing added privacy and plenty of room to enjoy outdoor living. The thoughtfully designed first floor features a separate den off the foyer, ideal for a home office, study, or potential additional bedroom, along with a private living room perfect for relaxing or entertaining. The inviting great room flows seamlessly into the dining area and kitchen, creating a comfortable space for everyday living and gatherings. Upstairs, the owner's suite offers a private bathroom and walk-in closet. Two additional bedrooms, a full bathroom, and a loft that has been converted into an additional bedroom provide flexible living arrangements to accommodate a variety of needs. Additional features include an attached two-car garage, central air conditioning, and solar power with a Tesla charging station. The metal roof was replaced in 2023, adding lasting value to this well-maintained property. With its versatile floor plan, spacious fenced yard, solar features, and convenient living spaces, this home presents a wonderful opportunity for homeowners seeking comfort, functionality, and room to grow!

3327 NW 6th Terrace, Cape Coral
1227 NE 18th Terrace, Cape Coral
$440,000
4 Beds ⋅ 3 Baths ⋅ 2026045069 MLS
YOUR DREAM HOME START HERE! – NEW CONSTRUCTION – CORNER LOT – 4 BEDROOMS, 3 BATHROOMS - ROOM FOR A FUTURE POOL Discover this beautiful new construction home in Cape Coral, situated on a desirable corner lot! Featuring 4 bedrooms, 3 bathrooms, and over 2,000 square feet of living space under air, this residence offers a spacious, thoughtfully designed layout, modern finishes, quality craftsmanship, and attention to detail. Enjoy a generously sized covered terrace, perfect for outdoor entertaining and relaxation. The spacious backyard offers the potential to create your dream swimming pool, subject to applicable permits and requirements. Additional highlights include city water and impact-resistant windows and doors. MAKE IT YOUR OWN! Depending on the stage of construction, buyers may have the opportunity to select certain finishes, colors, and design details, subject to builder availability and approval. WE BUILD FROM THE GROUND UP! Ask about our new construction opportunities and how we can help you build your dream home. Pool construction is optional, subject to additional cost, applicable permits, and approvals. Don’t miss this opportunity to own a beautiful new construction home in Cape Coral!

1227 NE 18th Terrace, Cape Coral
1721 SW 21st Lane, Cape Coral
$425,000
3 Beds ⋅ 2 Baths ⋅ 2026045110 MLS
Beautifully Remodeled Pool Home in SW Cape Coral! This stunning, fully renovated home features a brand-new A/C (2026), newer roof (2025), ALL ASSESSMENTS PAID, and a beautiful private swimming pool! Enjoy the Florida lifestyle with your own backyard oasis, perfect for relaxing and entertaining. Ideally located in desirable SW Cape Coral, just minutes from Chiquita Blvd, Veterans Pkwy, and Trafalgar Pkwy, with convenient access to shopping, dining, and entertainment. This move-in-ready home offers the perfect combination of modern upgrades, comfort, and location. Schedule your private showing today!

1721 SW 21st Lane, Cape Coral
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