5020 SW 8TH PLACE, CAPE CORAL, FL, 33914
Active1 days on marketListed Aug 11, 2026MLS #TB8537852
About this home
5020 SW 8TH PLACE
Western exposure and an incredible waterfront setting built for the Southwest Florida lifestyle. Welcome to this beautifully maintained Cape Coral pool home where boating, entertaining and everyday comfort come together. Perfectly positioned on a direct sailboat Gulf access canal in a Prime Unit 64 neighborhood, this home offers the waterfront lifestyle buyers come to Southwest Florida to enjoy. Even better, the home has experienced no flooding in any storm and offers an assumable flood insurance policy. From the moment you enter, the bright, open layout is filled with natural light and framed by expansive windows and sliding glass doors that keep the pool and canal views front and center. The main living area flows into the kitchen and dining spaces, creating an easy layout for entertaining. The kitchen features granite countertops, white cabinetry, stainless steel appliances, a tile backsplash, and an extended breakfast bar with seating. Multiple dining areas provide flexibility for casual meals or gatherings, while a separate office or den creates the perfect work from home setup. The oversized primary suite is a true retreat with direct lanai access, dual walk in closets, a private bathroom with separate vanity area. The spacious en suite features dual vanities, an impressive walk in shower and jetted soaking tub surrounded by windows for an open spa like feel. The home also includes an interior laundry room with utility sink and storage. Outside is where this property comes to life with a heated pool and built in spa. Western exposure provides the perfect backdrop for Florida sunsets. The outdoor living area offers room for dining, lounging and entertaining and includes a outdoor kitchen area and a dedicated full pool bath with a walk in shower, adding convenience for pool days. Beyond the pool, the waterfront is ready for boating with a spacious dock and 20,000 lb boat lift with canopy. You can head out for fishing, cruising, waterfront dining or exploring Southwest Florida's waterways. Surrounded by well maintained landscaping and offering western exposure, direct sailboat Gulf access, a heated pool and spa, covered lanai, outdoor kitchen and private dock, this home is the complete Cape Coral waterfront oasis.
Facts & features
The home at a glance
3
Bedrooms
3
Bathrooms
2,217
Sqft
0.23 ac
Lot size
2
Garage
1993
Year built
One
Levels
$395
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$6,303 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$6,303/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
+18.8%
$/sqft vs CAPE CORAL
$395 vs $246
Days on market
1 vs 50 typical
Where $395/sqft sits among the 145 homes for sale in CAPE CORAL
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Cape Coral
Get to know Cape Coral. See the full Cape Coral guide →
CAPE CORAL 33914 — neighborhood snapshot
Population
44,439
Median age
54.7
Median income
$75,557
Median home value
$408,800
Avg household
2.46
Households w/ children
3,094
For the school run
Lee County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Cape Coral market
$375K → $405K
Cape Coral median sold, yr/yr
96.4%
Sale-to-list ratio (12 mo)
56 of 145
CAPE CORAL have cut their price
Median sold price, Cape Coral, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 119% above the CAPE CORAL 33914 median. See the full Cape Coral market guide →
Paper trail
This home's history
Reality check
What actually sold near 5020 SW 8TH PLACE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Dec ’25$610,000
3913 SE 19TH AVENUE · same community
4 bd · 2 ba · 2,238 sqft · $273/sqft · 276 DOM
Sold · Nov ’25$1,150,000
5320 SW 3RD AVENUE · same community
3 bd · 3 ba · 2,244 sqft · $512/sqft · 29 DOM
Sold · Dec ’25$418,000
239 SW 24TH PLACE · same community
4 bd · 3 ba · 2,306 sqft · $181/sqft · 44 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Lacie Springstead
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 5020 SW 8TH PLACE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 5020 SW 8TH PLACE — before you fall in love.
See it in person
Schedule a tour
Live availability from Lacie's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
5020 SW 8TH PLACE FAQs
What would the monthly payment be for 5020 SW 8TH PLACE?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $6,303/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 5020 SW 8TH PLACE?+
The most recent tax bill on record (2025) was $13,119. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Cape Coral?+
At $875,000, this home is listed about 95% above the Cape Coral median of $449,000. The market section on this page shows how the area is trending.
Which schools are assigned to 5020 SW 8TH PLACE?+
Gulf Middle School (middle), Ida S. Baker High School (high), Gulf Elementary School (elementary), Pelican Elementary School (elementary), Cape Coral High School (high), Cape Elementary School (elementary), Trafalgar Middle School (middle), Mariner High School (high), North Fort Myers High School (high) — Lee County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Positioned at the premium end
$875,000 runs 119% above the CAPE CORAL 33914 median — but at 2,217 sqft it's also 21% larger than the typical Cape Coral listing.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Fresh on the market
Only 1 day on market in a Cape Coral market that averages 50 — if it fits, move quickly.
04Strong assigned schools
Gulf Middle School, Ida S. Baker High School, Gulf Elementary School, Pelican Elementary School, Cape Coral High School, Cape Elementary School, Trafalgar Middle School, Mariner High School, North Fort Myers High School — Gulf Elementary School rates 4 of 5. Always verify assignments with the district.
Keep looking
Similar homes nearby
Listing courtesy of THE KEYES COMPANY · Jeffrey Miloff. MLS #TB8537852.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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