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!
Closed
$515,000
1204 SW 38th Ter, Cape Coral, FL 33914
3beds
2,059sqft
Single Family Residence
Built in 1984
10,018.8 Square Feet Lot
$509,800 Zestimate®
$250/sqft
$3,723 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: June 16, 2025 at 04:24pm
Listed by:
Renee Malachowski P.A 239-227-6553,
Premiere Plus Realty Company,
Jose Malachowski, PA 239-319-8154,
Premiere Plus Realty Company
Bought with:
Gabriela Lara
CoastalEdge Real Estate LLC
Source: SWFLMLS,MLS#: 224105170
Originating MLS: Bonita Springs

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Bedroom
- Features: First Floor Bedroom, Master BR Upstairs
Dining room
- Features: Breakfast Bar
Heating
- Central
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Dishwasher, Disposal, Dryer, Microwave, Refrigerator/Freezer, Self Cleaning Oven, Washer
- Laundry: Inside
Features
- Smoke Detectors, Volume Ceiling, Window Coverings, Den - Study, Laundry in Residence, Open Porch/Lanai, Screened Lanai/Porch
- Flooring: Laminate, Tile
- Windows: Window Coverings
- Has fireplace: No
Interior area
- Total structure area: 4,720
- Total interior livable area: 2,059 sqft
Property
Parking
- Total spaces: 1
- Parking features: Driveway, Attached
- Attached garage spaces: 1
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio, Open Porch/Lanai, Screened Lanai/Porch
- Has private pool: Yes
- Pool features: In Ground, Concrete, Equipment Stays, Electric Heat, Screen Enclosure
- Fencing: Fenced
- Has view: Yes
- View description: Landscaped Area
- Waterfront features: None
Lot
- Size: 10,018 sqft
- Features: Regular
Details
- Parcel number: 034523C403275.0110
- Zoning: R1-D
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Block, Stucco, Vinyl Siding
- Foundation: Concrete Block
- Roof: Shingle
Condition
- New construction: No
- Year built: 1984
Utilities & green energy
- Water: Assessment Unpaid, Central
Community & neighborhood
Security
- Security features: Security System, Smoke Detector(s)
Community
- Community features: No Subdivision
Location
- Region: Cape Coral
- Subdivision: CAPE CORAL
HOA & financial
HOA
- Has HOA: No
- Amenities included: None
Other
Other facts
- Road surface type: Paved
- Contingency: Financing
Services availability

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Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$509,800
2% more+ $10,196
With Zillow Showcase(estimated)
$519,996