Cape Coral Homes under $500,000

Cape Coral Homes under $500,000

Welcome to Cape Coral, Florida, a gem nestled in Lee County, where sunshine meets serene waterfront living. Known for its stunning canals and vibrant community, Cape Coral offers a unique blend of natural beauty and modern conveniences, making it an ideal location for families, retirees, and everyone in between.

One of the most appealing aspects of Cape Coral is its diverse real estate market, particularly homes priced under $500,000. Here, you can find a variety of options, from charming single-family homes to cozy villas, all designed to suit different lifestyles and preferences. Imagine waking up in a beautifully designed home, sipping your morning coffee while gazing out at the picturesque waterways or lush landscapes that Cape Coral is famous for.

The community is rich with amenities, including parks, recreational facilities, and a plethora of dining and shopping options. For those who love the outdoors, Cape Coral is a paradise, offering access to boating, fishing, and miles of biking and walking trails. The nearby beaches of Sanibel and Captiva Island are just a short drive away, providing the perfect weekend getaway.

With a strong sense of community and an array of activities for all ages, Cape Coral is not just a place to live; it’s a lifestyle. Whether you’re searching for your first home or looking to downsize, the affordable housing options under $500,000 make it easier than ever to find your dream home in this beautiful Florida city. Discover the charm of Cape Coral and start your journey toward homeownership today!

Newest Cape Coral Homes under $500,000

1614 NE 36th Lane, Cape Coral
$449,900
4 Beds ⋅ 2 Baths ⋅ 2026045384 MLS
UNDER CONSTRUCTION — YOUR SW FLORIDA LIFESTYLE STARTS HERE! Looking for a brand-new custom home without the long wait of starting from scratch? This is your opportunity! Discover inviting comfort in this stunning Haven model, blending thoughtful design with everyday functionality. This 4-bedroom, 2-bath home features a 3-car garage and a sparkling pool with an extended paver deck and pool cage, perfect for year-round relaxation. The great room seamlessly connects to a spacious dining area and kitchen, featuring an island, pantry, and 36" upper cabinets with soft-close drawers. Elevated details like 5.25" baseboards, and PGT hurricane impact windows ensure style and security. The primary suite offers a tray ceiling, dual vanities, and an expansive walk-in closet. Triple sliding glass doors compliment the living space with natural light and lead to the pool, complete with quick access to a pool bath. Lush landscaping, featuring a 4-zone irrigation system, Floritam sod, and Florida palm trees, enhances the curb appeal. No assessments due at this time. Construction is underway, so now is the time to inquire and make this home yours! *More photos to come as construction advances*. Flood Zone X, no flood insurance required. Projected completion is April 2027.

1614 NE 36th Lane, Cape Coral
1809 SE 6th Street, Cape Coral
$459,000
3 Beds ⋅ 2 Baths ⋅ 2026042283 MLS
Loaded with upgrades and must-have enhancements, this beautifully maintained and thoughtfully remodeled 3 bedroom, 2 bath, 2 car garage, 1,731 SF Cape Coral pool home sits at the end of a freshwater canal with peaceful water views and a concrete dock. Creating a seamless indoor-outdoor living space, sets of pocket sliders open to the new (2024) expansive paver lanai, the new (2024) custom, pebble tec pool, the outdoor shower (2025), and the patio/grilling deck. A pool bath? Of course. The updated kitchen features granite countertops, quality cabinetry, LG stainless appliances, and a pantry. The kitchen is steps away from the breakfast area and the dining room making entertaining easy and enjoyable. A large, custom built-in bar (2022) is a showstopper featuring quartz countertops, a subtle glass backsplash, and glassed overhead cabinetry; an ideal spot for your beverages and/or your beverage decanters and collectibles. The built-in Hisense wine and beer coolers are a bonus. You’ll enjoy the split floor plan as well as the tastefully remodeled primary suite (2022). All three bedrooms offer walk-in closets while the inside laundry includes built-in cabinetry, a cabineted utility sink, and a LG washer and dryer (2021). Additional Upgrades Include: Roof - 2022 | A/C with Mini Split - 2023 | Electrical Panel - 2022 | Bahama Hurricane Shutters - 2023 | Front Gutters - 2023 | Rear Gutters - 2024 | Impact Garage Door – 2022 | Hot Water Heater - 2022 | Tiled & Screened Front Lanai - 2023 | Doors, Hardware, Fans, Blinds & Lighting – 2022. The fresh interior paint, and the beautiful laminate flooring throughout, help to make this partially furnished home move-in ready. The abundant tropical landscaping, inclusive of numerous fruit trees and surrounded by curbing and stone, provide must-see curb appeal. Quiet street, convenient Cape Coral location, freshwater canal living. and an impressive list of improvements - this home is truly built for the Florida lifestyle! It is, without a doubt, a must-see! NO Flood Insurance Required.

1809 SE 6th Street, Cape Coral
3717 Agualinda Boulevard, Cape Coral
$465,500
4 Beds ⋅ 2 Baths ⋅ 2026045085 MLS
Spacious 4-bedroom, 2-bath pool home with over 2,300 square feet of living space in Southwest Cape Coral! This well-maintained home features vaulted ceilings, an open floor plan, tile flooring throughout, and a split-bedroom design. The kitchen offers granite countertops, solid wood cabinetry, stainless steel appliances, and plenty of counter space. The spacious primary suite features dual vanities, a soaking tub, and a separate walk-in shower. Step outside to enjoy the large screened lanai and solar-heated saltwater pool, complete with upgraded no-see-um screening. Recent improvements include a NEW ROOF (2022) with transferable warranty, impact-rated sliding glass doors, fresh interior and exterior paint, and epoxy garage flooring with overhead storage. CITY WATER AND SEWER, NO HOA, AND NO ASSESSMENTS! Additional savings with TRANSFERABLE FLOOD INSURANCE at approximately $1,200/year (subject to carrier approval). Conveniently located near Ida S. Baker High School, nearby elementary schools, shopping, dining, parks, and everything Southwest Florida has to offer. Currently tenant-occupied on a month-to-month basis at $3,250 per month, making this an excellent opportunity for a primary residence, seasonal getaway, or income-producing investment property. Schedule your private showing today!

3717 Agualinda Boulevard, Cape Coral
2703 NW 4th Avenue, Cape Coral
$339,900
4 Beds ⋅ 3 Baths ⋅ 2026044842 MLS
$18,000 (5%) CLOSING COST CREDIT AVAILABLE! HOME IS COMPLETE AND MOVE-IN READY! Discover modern coastal living in this spacious 4-bedroom, 3-bath home featuring dual primary suites. The sought-after Sunset Harbor plan blends open-concept design with stylish, thoughtfully selected finishes throughout. The gourmet kitchen showcases stainless steel appliances, quartz countertops, all-wood shaker cabinetry with abundant storage, with a large island. The open layout flows effortlessly from the kitchen to the dining area and expansive great room, creating a bright, airy space ideal for everyday living and entertaining. The private owner’s suite offers a relaxing retreat with a spa-inspired bath and generous closet space. Outside, the lot provides endless potential for outdoor living, a future pool, or additional enhancements. Quality craftsmanship meets peace of mind with IMPACT WINDOWS and NO FLOOD ZONE, helping keep insurance costs low. One or more photos have been digitally staged. This is the Sunset Harbor Plan.

2703 NW 4th Avenue, Cape Coral
216 El Dorado Boulevard S, Cape Coral
$330,000
4 Beds ⋅ 2 Baths ⋅ 226039167 MLS
Great opportunity to own a spacious 4-bedroom, 2-bathroom home with a desirable 3-car garage in Cape Coral! This property offers a functional layout with plenty of room for comfortable everyday living and entertaining. The generous garage space provides added convenience for vehicles, storage, or hobbies. Conveniently located near shopping, dining, schools, and major roadways. Whether you're looking for a primary residence or an investment opportunity, this home offers great potential. This property is being offered as a short sale and is subject to lender approval. All offers are subject to seller acceptance and applicable short sale approval requirements. Don't miss this opportunity to make this home your own!

216 El Dorado Boulevard S, Cape Coral
1907 SE 6th Terrace, Cape Coral
$369,500
3 Beds ⋅ 2 Baths ⋅ 2026044399 MLS
A tastefully updated and beautifully maintained 3-bed, 2-bath pool home in a convenient Cape Coral location - this home is priced to sell! Remodeled in 2022, you’ll find a gem that blends style, comfort, character, and thoughtful enhancements. The easy to maintain new(er) laminate flooring, 5-inch baseboards, crown molding, plantation shutters, and the split floor plan all say “welcome." Bright and cheerful cabinetry abounds in the kitchen offering tall, soft-close cabinetry with crown caps, soft-close doors and drawers, quartz countertops, a ceramic tile backsplash, a dedicated coffee and wet bar, and newer LG appliances. Refrigerator - 2025. The primary bedroom and ensuite have also been updated with barn door entry, fashionable, modern fixtures, crown molding, and a walk-in closet. The guest bathroom has also been updated with quality cabinets and quartz countertops. You'll enjoy the SW Florida lifestyle while overlooking your heated pool and garden-rich yard from the comfort of your expansive, stamped concrete lanai - providing additional and enjoyable outdoor living space. Gardening is a pleasure with raised flower beds, and a fruit cocktail tree. The yard is fully fenced - a playground for children and/or pets. Need extra storage? A storage shed is already in place. Additional Upgrades Include: Roof with 3rd Nail for Insurance Savings - 2022 | AC - 2021 | AC Ductwork - 2023 | Repiped - 2021 | Electrical Panel? - 2021 | Hurricane Rated Garage Door - 2021 | Water Heater - 2025 | Lanai Cage Screens - 2023 | Pool Heater - 2026 | Pool Pump - 2022 | Plantation Shutters - 2022 | Fence - 2024 | Shed - 2024 | Barn Door - 2024. This home is move-in ready. It's not in a flood zone so flood insurance is not required. All Cape Coral utilities are in place and all assessments are paid. Perfectly positioned just minutes from the Cape Coral Hospital, boutique and retail shopping, casual and fine dining are minutes away. Golf, boating, and everything Cape Coral has to offer is yours to be had. Let’s make this home – your home.

1907 SE 6th Terrace, Cape Coral
3825 NW 46th Terrace, Cape Coral
$279,900
3 Beds ⋅ 2 Baths ⋅ 2026045276 MLS
Enjoy spacious indoor living and backyard fun in this NW Cape Coral home offering 1,785 square feet, 3 bedrooms, 2 full baths, and a large den, office, or flex space. An above-ground pool with a boardwalk and deck anchors the backyard, surrounded by a 6-foot privacy fence. An oversized screened lanai provides plenty of room to relax or entertain, while a 5' x 6' shed adds convenient storage. The open floor plan features a generous great room with space for both comfortable furnishings and a pool table. The kitchen offers abundant cabinetry and counter space, a pantry, newer stainless-steel appliances, and a breakfast bar. The adjoining dining area overlooks the lanai and pool. The primary suite includes two closets and a remodeled bath with a large garden tub and glass-enclosed shower. Both guest bedrooms and the den have direct access to the second bathroom. Impact windows and an accordion shutter on the sliding glass doors provide storm protection, while an “On Track” garage screen door system on the garage lets you enjoy fresh air without the bugs. Additional features include a professionally maintained whole-house reverse osmosis water system, with the service contract paid through April 2027, and termite protection paid through November 2027. Mature landscaping adds the finishing touch. For outdoor exploration, the North Cape Flats Trail, accessed from Old Burnt Store Road within the Charlotte Harbor Buffer Preserve, offers a walking route toward Charlotte Harbor.

3825 NW 46th Terrace, Cape Coral
1246 NW 19th Terrace, Cape Coral
$340,000
4 Beds ⋅ 2 Baths ⋅ 2026044870 MLS
Better than brand new this 4 bedroom, 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
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