5940 SW 1st CT Cape Coral, FL 33914

Located directly across from the river in SW Cape Coral, this beautifully maintained 4 bedroom +den, 3 bathroom, pool with custom waterfall home, offers a rare opportunity to own a tropical Florida retreat with proven STR performance.

This home has a near perfect 4.92 star rating after 103 reviews on the largest platform and has averaged $79,208 per year in gross vacation rental revenue over the past 3 full years, offering the potential for owners to offset expenses while enjoying the home personally as the current owners have done. The home is offered fully furnished turnkey, allowing the next owner to immediately continue operating it as a vacation rental or move in and enjoy the SWFL lifestyle.

From the moment you arrive, the home's lush tropical landscaping, mature palm trees, and coastal architecture create a welcoming setting. A covered entry leads inside to a bright open floor plan featuring vaulted ceilings, large windows, and spacious living areas designed for relaxing and entertaining.

The great room centers around a custom stone entertainment wall with electric fireplace and built-in shelving, complemented by accent lighting above the living room and kitchen wall highlighting the architectural focal point. The kitchen features granite countertops, stainless steel appliances, solid wood cabinetry, and a breakfast bar that flows into the dining area. Feature lighting enhances the dining room and second primary suite tray ceiling, adding warmth and ambiance. The layout offers flexibility with two private bedroom suites, including a spacious primary suite with walk-in closet, freestanding soaking tub, and separate glass shower. A 3rd guest bathroom includes a private sauna, creating a relaxing spa-like feature rarely found in comparable homes.

Outdoor living is where this home shines. The expansive covered lanai with wood plank ceiling and outdoor kitchen is perfect for entertaining. The screened pool area features a saltwater pool with electric heater and a dramatic multi-tier tropical waterfall with accent lighting, creating a resort-style backyard built for lasting memories. The white vinyl, fully fenced, private backyard includes fruit producing mango, coconut, and citrus trees along with a large shed for significant extra storage.

Recent improvements include NEW ROOF (NOV 2022), POOL RESURFACED with new glass tile (2024) exterior paint (2024), new privacy fencing & POOL HEATER (2023), new garage door (2021), and new ELECTRIC PANEL (2025). Also includes smart home features such as 2 Ring security cameras, Nest smart thermostat, and MyQ WiFi-enabled garage door system.

Located minutes from Tarpon Point Marina, waterfront restaurants, and the Rotary Park nature trails, this home offers excellent location, lifestyle, and investment potential. With its established rental history, prime location, and turnkey setup, it presents a unique opportunity as a full-time residence, seasonal retreat, or vacation rental.