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Off Market

1204 SW 38th Terrace

Cape Coral FL 33914

3
2
1
4720 sq. ft.
0.23 ac.
Single-Family
Last sold for $515,000
Renee MalachowskiRenee Malachowski, last sold this property on 16 June 2025 after 160 days on market.

Overview

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!

Features

3 bedrooms
2 bathrooms
1 carspace
1 garage space
4720 sq. ft. floor area
0.23 ac. lot size
Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Cape Coral over the last 12 months, the estimated median property value of 1204 SW 38th Terrace is $454.89k.

Median value
$454.89k
Estimated value range
$150k - $2.7m
Median days on market
58
Estimated value trend
1%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Cape Coral. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1204 SW 38th Terrace

2025
Sold
$515,000
16 Jun 2025 by Renee Malachowski, of Premiere Plus Realty Co
2022
Sold
$509,000
09 Sep 2022 by Tamara Anderson, of COLDWELL BANKER RESIDENTIAL RE
2021
Sold
$370,000
02 Jul 2021 by Talisa Piskulic, of RE/MAX REALTY TEAM

Happy sellers in Cape Coral

75%
75% of sellers in Cape Coral reported that their sale price either exceeded or met their price expectations.

Cape Coral stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 16 reviews in Cape Coral over the last 12 months.

Local market activity for 3 bedroom single-family properties in Cape Coral

In the last 12 months, 815 three-bedroom single-family properties similar to 1204 SW 38th Terrace, have been sold.

This represents a 13% decrease in three-bedroom single-family properties sales when compared to the previous 12 months.

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