Cape Coral Homes under $500,000

Welcome to Cape Coral, Florida – a vibrant and picturesque city nestled in Lee County, known for its stunning waterfront properties and a lifestyle that invites relaxation and adventure. With over 400 miles of navigable waterways, Cape Coral is often referred to as the "Waterfront Wonderland," making it a haven for boating enthusiasts and nature lovers alike.

In this charming subdivision, you’ll find a diverse array of homes under $500,000, perfect for first-time buyers, families, or retirees seeking a slice of paradise without breaking the bank. These homes offer a blend of modern amenities and classic Floridian charm, featuring spacious layouts, lush landscaping, and, in many cases, access to the beautiful canals that make Cape Coral unique.

Imagine waking up to the gentle sound of water lapping against the dock, enjoying your morning coffee on a sun-drenched patio, or taking a leisurely stroll through the friendly neighborhoods filled with palm trees and vibrant gardens. Cape Coral's affordable housing market allows you to embrace the Florida lifestyle, with plenty of opportunities for outdoor activities, including fishing, kayaking, and biking along scenic trails.

In addition to its natural beauty, Cape Coral boasts a thriving community with local shops, delicious dining options, and family-friendly parks. With its favorable climate, rich cultural scene, and proximity to Fort Myers and the Gulf of Mexico, Cape Coral is not just a place to live; it’s a place to thrive. Discover your new home in Cape Coral today, where your dream of Florida living can become a reality!

Newest Cape Coral Homes under $500,000

1812 NW 13th Terrace, Cape Coral $360,000

RENT TODAY, OWN TOMORROW! NOT MORTGAGE-READY YET? Discover a smarter path to homeownership with our Path to Ownership Program! This beautiful 2022-built, 3-bedroom, 2-bat...

3 Beds
2 Baths
Cape Coral SubDv.

4413 SW 25th Court, Cape Coral $485,000

LOCATION, LOCATION, LOCATION! Welcome to this beautifully updated pool home located in one of Southwest Cape Coral's most desirable neighborhoods, close to Beach Parkway ...

3 Beds
2 Baths
Cape Coral SubDv.

3914 SW 25th Court, Cape Coral $450,000

This rare and thoughtfully designed floor plan sets this beautifully maintained 3-bedroom, 2-bathroom pool home apart, offering generously spaced living areas that create...

4 Beds
2 Baths
Cape Coral SubDv.

2905 Hanna Avenue N, Lehigh Acres $355,000

BRAND-NEW 2026 CONSTRUCTION. BEAUTIFUL LIVING SPACE. NO HOA. SELLER IS GIVING UP TO $10,000 IN INCENTIVES! Welcome to 2905 Hanna Avenue N, where modern style, comfor...

4 Beds
3 Baths
Cape Coral SubDv.

1425 Santa Barbara Boulevard N, Cape Coral image

1425 Santa Barbara Boulevard N, Cape Coral $359,000

Brand-New Construction | 3 Bedrooms + Den | No HOA! Move-in-ready new construction in a growing Cape Coral neighborhood, featuring 3 bedrooms, a flexible den, 2 bathroom...

3 Beds
2 Baths
Cape Coral SubDv.

2422 NW 19th Avenue, Cape Coral $299,900

SPACIOUS LIVING & EXCEPTIONAL COMFORT! Discover the perfect combination of contemporary style, thoughtful design, and everyday functionality in this beautiful 4-bedroom, ...

4 Beds
2 Baths
Cape Coral SubDv.

507 SE 8th Terrace, Cape Coral $275,000

Well-maintained 3-bedroom, 2-bath home featuring vaulted ceilings, split-bedroom floor plan, and 2-car garage. Updates include roof (2023), A/C (2018), fresh exterior pai...

3 Beds
2 Baths
Cape Coral SubDv.

4472 Coronado Parkway, Cape Coral $299,000

FANTASTIC SE CAPE CORAL LOCATION AND PRICED TO SELL! Discover the perfect combination of space, comfort, and convenience in this beautifully maintained home offering 1,97...

3 Beds
3 Baths
Cape Coral SubDv.

2732 NW 45th Avenue, Cape Coral $450,000

New Construction. This plan features 3 bedrooms, 3 bathrooms, plus an office, and a 3-car garage with epoxy floors. Every inch of this new construction home was built wit...

3 Beds
3 Baths
Cape Coral SubDv.

3516 NE 19th Avenue, Cape Coral $319,000

Welcome to 3516 NE 19th Ave, a beautifully maintained 4-bedroom, 2-bathroom home in the desirable North Cape Coral area. Built in 2022, this spacious single-story residen...

4 Beds
2 Baths
Cape Coral SubDv.

1312 SE 11th Avenue, Cape Coral $235,000

NO FLOOD ZONE! CITY WATER AND SEWER! ALL ASSESSMENTS PAID. Over 1,400 square feet - with enclosed Florida Room. Huge 2 bedroom 2 bath home. Very well kept with hurricane ...

2 Beds
2 Baths
Cape Coral SubDv.

2202 SE 13th Street, Cape Coral $394,950

Gorgeous 4-bedroom, 2-bath pool home located in SE Cape Coral! This traditional Florida home features a desirable split floor plan, tile throughout the main living areas,...