Cape Coral Homes under $500,000

Welcome to Cape Coral, Florida – a vibrant gem nestled in Lee County, known for its stunning waterways and a relaxed, sunny lifestyle. With over 400 miles of navigable canals, Cape Coral is often referred to as the “Waterfront Wonderland,” making it a paradise for boating enthusiasts, fishing lovers, and those who simply enjoy the tranquility of waterfront living.

This charming city boasts a unique blend of suburban comfort and outdoor adventure, with an abundance of parks, golf courses, and recreational areas. Residents can revel in the beauty of nature at the Four Mile Cove Ecological Preserve or enjoy a day at the beach on nearby Sanibel Island. The city is also home to a thriving arts scene, diverse dining options, and excellent schools, making it an ideal place for families and retirees alike.

For those looking to invest in their dream home without breaking the bank, Cape Coral offers an impressive selection of properties under $500,000. From cozy single-family homes with lush gardens to modern villas with stunning water views, there’s something for everyone. With its affordable real estate market, Cape Coral provides an incredible opportunity for first-time homebuyers, growing families, or anyone seeking a peaceful retreat in the Sunshine State.

Experience the charm and beauty of Cape Coral, where your dream home awaits amidst a backdrop of endless sunshine and serene waterways. Come explore this enchanting city and discover why so many choose to call Cape Coral home!

Newest Cape Coral Homes under $500,000

4238 NW 34th Terrace, Cape Coral $396,000

Beautiful Lot home, make it yours now! Bright and spacious property in a prime location, offering a peaceful residential setting with quick access to green areas and outd...

4 Beds
3 Baths
2026042478 MLS

4015 SE 1st Place, Cape Coral $335,000

Welcome to 4015 SE 1st Place !!! ALL ASSESSMENTS PAID!!! This beautifully maintained and landscaped home has 3 bedrooms, 2 full bathrooms, a 1-car Garage with new Epoxy...

3 Beds
2 Baths
2026042450 MLS

624 SW 9th Avenue, Cape Coral $355,000

Welcome to 624 SW 9th Ave, a well-maintained 3-bedroom, 2-bath pool home offering a fresh, move-in-ready interior, a thoughtful list of recent improvements and a convenie...

3 Beds
2 Baths
2026042089 MLS

2837 NW 27th Place, Cape Coral $299,900

WELCOME HOME TO NW CAPE CORAL! This beautifully maintained 3-bedroom, 2-bathroom home offers the perfect combination of comfort, style, and peace of mind! Featuring impac...

3 Beds
2 Baths
2026041512 MLS

1113 Winding Pines Circle Unit 108, Cape Coral image

1113 Winding Pines Circle Unit 108, Cape Coral $229,999

WELCOME TO CASA DI FIORI—YOUR TURNKEY FLORIDA RETREAT AWAITS! Discover easy Southwest Florida living in this beautifully appointed, FULLY TURNKEY 3-bedroom, 2-bath condo...

3 Beds
2 Baths
2026039395 MLS

3812 SE 16th Place, Cape Coral $475,000

LOCATION, LOCATION, LOCATION—BY LAND AND BY WATER! Exceptional SE Cape Coral waterfront location offering DIRECT GULF ACCESS with NO BRIDGES and less than one mile to the...

3 Beds
2 Baths
2026040310 MLS

222 SW 44th Street, Cape Coral $304,000

So you want to live in the best part of Cape Coral, where you're a few minutes from restaurants and your kids school and you need something affordable and ready to move i...

3 Beds
2 Baths
2026041660 MLS

1027 NW 19th Street, Cape Coral $339,000

NEW CONSTRUCTION — 4 BEDROOMS, 3 FULL BATHS & CUSTOM UPGRADES THROUGHOUT! Welcome to 1027 NW 19th Street, a stunning coastal contemporary home where quality construction,...

4 Beds
3 Baths
2026041931 MLS

2323 NW 43rd Avenue, Cape Coral $375,000

NEW TO MARKET & PRICED TO SELL! Built in 2023, this beautifully maintained 3-bedroom plus den, 2-bath home is ideally located in Northwest Cape Coral, just minutes from t...

3 Beds
2 Baths
2026042301 MLS

318 SE 23rd Terrace, Cape Coral $344,000

NO details spared in this LIKE NEW, MOVE IN READY, 3/2 FENCED home with Coastal CHARM located in prime Mid Cape Coral! Let's get down to business and share that this beau...

3 Beds
2 Baths
2026040441 MLS

4230 SE 20th Place Unit 307, Cape Coral image

4230 SE 20th Place Unit 307, Cape Coral $388,500

Imagine ending your day with beautiful western sunsets over a wide Gulf-access canal, right from your own oversized lanai. This spacious third-floor condo at River Park P...

3 Beds
2 Baths
2026042001 MLS

344 NE 10th Terrace, Cape Coral $465,000

CORNER LOT • CITY WATER & SEWER • SELLER OFFERING UP TO $10,000 TOWARD BUYER CLOSING COSTS AND PREPAIDS! Welcome to this beautifully designed new construction pool home s...

3 Beds
3 Baths
2026042119 MLS