Cape Coral Homes under $500,000

Welcome to Cape Coral, Florida, a hidden gem nestled in Lee County that beautifully blends the charm of a coastal community with the vibrancy of modern living. Known for its stunning waterways and lush landscapes, Cape Coral is the perfect destination for those seeking a serene lifestyle without sacrificing convenience.

For homebuyers looking for affordability without compromising on quality, Cape Coral offers an impressive selection of homes priced under $500,000. Whether you’re a first-time buyer, a growing family, or someone looking to downsize, you’ll find a variety of options that cater to your needs. From cozy single-family homes with spacious backyards to contemporary townhouses with modern amenities, there’s something for everyone in this thriving community.

Imagine waking up to sunny skies and the gentle sound of water lapping against your dock, as Cape Coral is home to over 400 miles of navigable waterways. Outdoor enthusiasts will appreciate the abundance of parks, golf courses, and recreational facilities, making it easy to enjoy the Florida sunshine year-round. Plus, with a vibrant dining scene and local shops just a stone’s throw away, you’ll never run out of things to do.

Cape Coral’s family-friendly atmosphere, coupled with its strong sense of community, makes it an ideal place to call home. With homes under $500,000, you can invest in your dream lifestyle without breaking the bank. Come explore Cape Coral and discover the perfect blend of relaxation and adventure that awaits you!

Newest Cape Coral Homes under $500,000

4836/4838 Marine Drive, Cape Coral image

4836/4838 Marine Drive, Cape Coral $495,000

FANTASTIC INVESTMENT OPPORTUNITY IN THE HEART OF CAPE CORAL! Discover this beautifully renovated duplex ideally situated just south of Cape Coral Parkway, minutes from th...

4 Beds
4 Baths
Cape Coral SubDv.

1210 NE 5th Place, Cape Coral $249,000

!!Beautiful Home with Upgrades – No Flood Insurance Required!! Discover this stunning home at 1210 NE 5th PL, Cape Coral, FL 33909, featuring a brand-new roof (2023), upd...

3 Beds
2 Baths
Cape Coral SubDv.

2028 NE 17th Place, Cape Coral $230,000

Welcome home to this move-in ready, updated 3-bedroom, 2-bathroom single-family residence in desirable Northeast Cape Coral! Featuring 1,176 sq ft of living space with a ...

4 Beds
2 Baths
Cape Coral SubDv.

1432 SE 11th Place, Cape Coral $479,900

Gulf-Access 3-Bedroom Pool Home on Intersecting Canals Enjoy the Cape Coral boating lifestyle in this bright and open 3-bedroom, 2-bath, 2-car garage pool home on interse...

3 Beds
2 Baths
Cape Coral SubDv.

2208 NW 7th Terrace, Cape Coral $405,000

Welcome to 2208 NW 7th Ter, a beautifully updated Cape Coral home where the major work is already done. Enjoy your own private tropical oasis with a beautifully landscape...

3 Beds
2 Baths
Cape Coral SubDv.

5248 Versaille Court, Cape Coral $250,000

OPPORTUNITY AWAITS IN SE CAPE CORAL! Situated on an oversized triple lot in a highly desirable SE Cape Coral location, this 3-bedroom, 2-bathroom home with a 1-car garage...

3 Beds
2 Baths
Cape Coral SubDv.

1410 NE Juanita Place, Cape Coral $330,000

This new construction home offers four bedrooms and three full bathrooms with plenty of space for guests or a home office. Situated conveniently close to grocery stores, ...

4 Beds
3 Baths
Cape Coral SubDv.

615 NW 29th Street, Cape Coral $339,900

$15,000 CLOSING COST INCENTIVE ON THIS HOME!! Space, flexibility, and value come together in The Sunset Harbor. With four bedrooms and three full baths, this home offers ...

4 Beds
3 Baths
Cape Coral SubDv.

3409 Andalusia Boulevard, Cape Coral image

3409 Andalusia Boulevard, Cape Coral $349,995

spacious 4-BEDROOM, 2-BATH PLUS DEN HOME offers 2,335 SQUARE FEET OF LIVING SPACE, and an attached 2-car garage. Situated on a generously sized homesite, this inviting re...

3 Beds
2 Baths
Cape Coral SubDv.

2219 NW 25th Terrace, Cape Coral $284,900

$12,000 CLOSING COST CREDIT AVAILABLE ON THIS MOVE-IN READY NEW CONSTRUCTION HOME! The Seabreeze Cove II by Sunlife Homes is brand new, ready to go, and brings a really n...

3 Beds
2 Baths
Cape Coral SubDv.

1822 SW 15th Terrace, Cape Coral $359,900

This house is located on an elevated corner lot in beautiful SW Cape Coral. Quiet street, short walk to Trafalgar Elementary and Middle schools and short drive to Pine Is...

4 Beds
2 Baths
Cape Coral SubDv.

2107 NW 41st Place, Cape Coral $399,900

Welcome to 2107 NW 41st Place, concrete block home in fast growing Northwest Cape Coral with NO HOA and the peace of mind of new construction! Durable Hardie plank siding...