Cape Coral Homes under $500,000

Welcome to Cape Coral, Florida – a vibrant coastal city nestled in Lee County, known for its stunning waterfront views, lush landscapes, and a lifestyle that perfectly blends relaxation with adventure. With over 400 miles of navigable waterways, Cape Coral is a boater's paradise, offering residents unparalleled access to the Gulf of Mexico and a plethora of outdoor activities, including fishing, kayaking, and paddleboarding.

One of the most appealing aspects of Cape Coral is its diverse real estate market, particularly for those seeking homes under $500,000. Here, you can find a variety of charming properties that cater to different tastes and lifestyles. Whether you’re looking for a cozy single-family home with a pool, a modern townhouse, or a spacious villa, Cape Coral has something to suit every budget and preference.

Imagine waking up in a beautifully designed home, sipping your morning coffee on a sun-drenched patio, and enjoying the serene views of the waterway. Cape Coral’s homes under $500,000 offer not just affordability but also the opportunity to experience the quintessential Florida lifestyle. Many of these homes feature open floor plans, updated kitchens, and outdoor spaces perfect for entertaining friends and family.

Additionally, the community is rich in amenities, including parks, shopping centers, and top-rated schools, making it an ideal place for families, retirees, and everyone in between. With its warm climate and friendly atmosphere, Cape Coral invites you to discover your dream home in this enchanting city. Come explore the possibilities and embrace the coastal living you've always dreamed of!

Newest Cape Coral Homes under $500,000

338 SE 46th Lane, Cape Coral $384,999

One or more photo(s) has been virtually staged, AI generated or rendered. Open the sliders, pour your morning coffee and head out to the pool. This three-bedroom, two-ba...

3 Beds
2 Baths
226035820 MLS

1703 SW 12th Terrace, Cape Coral $425,000

BUILT IN 2019, CITY WATER & SEWER, POOL HOME, FENCED YARD AND RARE 150-FT-DEEP LOT! This beautifully presented 3-bedroom, 2-bath home offers 1,543 sq. ft. of living space...

3 Beds
2 Baths
2026041913 MLS

1200 NE 19th Street, Cape Coral $404,999

Welcome to this stunning new construction home in Cape Coral. This modern home offers 3 spacious bedrooms, 2 bathrooms, and a 2-car garage. The open-concept layout featur...

3 Beds
2 Baths
2026041973 MLS

2534 NW 25th Place, Cape Coral $490,990

Welcome to this beautifully maintained NW Cape Coral home offering 4 bedrooms and 2 bathrooms across 2,196 sq ft of comfortable living space. This charming residence feat...

4 Beds
3 Baths
2026042135 MLS

502 SE 32nd Street, Cape Coral $239,900

Fantastic 2 bedroom 2 bath 2 car garage home with all assessments paid!! This property boasts nearly 1200sf of living area, spacious kitchen and living room, generous siz...

2 Beds
2 Baths
2026042146 MLS

2726 NW 41st Place, Cape Coral $420,000

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
2026042080 MLS

411 SE 30th Street, Cape Coral $299,000

This is a pre-foreclosure, potential short sale. As of 10/05/2026- no sale date has been scheduled. This property is being sold AS-IS. The owner is in the process of c...

3 Beds
2 Baths
2026041781 MLS

1909 NE 1st Place, Cape Coral $450,000

Studio in the Garage!!!! Half Acre LOT . This pristine 3-bedroom + den, 2-bathroom gem boasts 1,701 square feet of pure comfort and style. As you step into this meticulou...

3 Beds
2 Baths
2026041161 MLS

310 SE 23rd Street, Cape Coral $425,000

Waterfront with a dock and a pool in Southeast Cape Coral. This 3-bedroom, 2-bath home sits on 80 feet of freshwater canal with a concrete seawall and concrete dock, read...

3 Beds
2 Baths
2026041692 MLS

4954 Viceroy Street, Cape Coral $365,000 ▲

Great opportunity to own this income producing well maintained duplex in much sought after SE Cape Coral. With front and rear screened lanais, 2 bedrooms, 2 bathrooms ea...

4 Beds
4 Baths
2026041989 MLS

4926 Vincennes Street Unit 1-3, Cape Coral image

4926 Vincennes Street Unit 1-3, Cape Coral $496,800

Gulf Access!! Bring your boats!!! Rarely available TRI-PLEX in sought after downtown Cape Coral. Currently fully occupied. This is located in a very high demand area fo...

4 Beds
4 Baths
2026042095 MLS

2812 NW 27th Avenue, Cape Coral $389,990

Discover this stunning, move-in-ready new construction home in the fast-growing Northwest Cape Coral area. Offering 1,904 sq ft of living space, this contemporary residen...

4 Beds
3 Baths
2026042060 MLS