2 Bed SingleFamilyResidence for Sale in Not Applicable
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For SaleMLS# 2026018318

$299,900

2 Bed SingleFamilyResidence for Sale in Not Applicable

140 SE 8th Street, Cape Coral, FL, 33990

2 beds2 baths1,387 sqft2 garage
55+

About this home

REINTRODUCING WITH A $15,000 SELLER CREDIT FOR A NEW ROOF!!! and NOT IN A FLOOD ZONE. Pick your own roof style and color, on us, at 140 SE 8th St, Cape Coral, FL 33990. A rare opportunity to own a 2-bedroom, 2-bathroom home with true character in a sea of new construction, offered at a compelling new value. With so many newer homes in Cape Coral offering smaller, cleared lots and a more uniform, "one-size-fits-all" feel, properties like this are becoming increasingly hard to find. Set on an oversized .36-acre lot, this home offers something most new builds simply can't - mature trees, natural privacy, and a backyard that feels alive. Here, you'll find mango and orange trees, natural bamboo for privacy, a butterfly garden, and even a mature oak - something rarely seen in Cape Coral due to the area's coral-based soil. It's a setting that feels established, peaceful, and truly like home. The large screened lanai with sliding glass doors creates an easy indoor-outdoor flow, perfect for enjoying this one-of-a-kind yard. Inside, the home is light and inviting with cathedral ceilings, a wood-burning fireplace, and a comfortable, open layout. The kitchen has been updated with granite countertops, self-closing cabinetry, and a breakfast bar, and both bathrooms have been tastefully renovated. Tile and stone flooring run throughout for a clean, low-maintenance finish. Major updates include a newer A/C, hybrid water heater, reverse osmosis system, updated electrical panel, and LED lighting. Built with CBS construction, this Cape Coral home has already proven its durability through three major hurricanes with no wind or water damage. The side-entry, 2-car garage enhances curb appeal, while the fully fenced yard with gated access provides rare flexibility - ideal for securely storing a boat, work truck, or trailer in compliance with city regulations. A large shed and riding mower are included. ALL ASSESSMENTS PAID! Conveniently located near shopping, dining, schools, and parks, with Sun Splash and Lake Kennedy Park just minutes away. If you've been looking for something with personality, privacy, and a setting that can't be duplicated in today's new construction market - this is it. Offered at $299,900 | $15,000 roof credit at closing, buyer's choice of style/color | .36-acre lot | Not in a flood zone | All assessments paid

Property details

Type
SingleFamilyResidence
Year built
1990
Interior
1,387 sqft
Lot size
15,681.6 sqft
Acreage
0.36 acres
Garage
2 car
Days on market
121
Total association fees
None
CDD
None
Est. taxes (1.4%)
$4,199/yr
Flood zone (area est.)
No · Low risk (X)
Storm protection
None listed
Exposure
South
Waterfront
No
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
Assessment Paid
Sewer
Assessment Paid
New construction
No
Pets
Yes
County
Lee

Flood risk shown is an area-level estimate and can differ from a specific unit's actual FEMA designation (which varies by structure and elevation). Look up this address on the FEMA Flood Map and verify with a licensed insurance agent before relying on it.

At marketThis home is priced in line with comparable recent sales.
This home
$216/sqft
Comp median
$203/sqft
Difference
+6%

Based on the $/sqft of 4 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.

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Recently sold nearby

Closed comparable sales within ~1 mile in the last 12 months, similar price, size, beds/baths, and age.

AddressSoldSold priceBeds/BathsSq ft$/sqft
625 SE 1st PlaceJan 2026$262,5003/21,204$218
609 Santa Barbara BoulevardSep 2025$325,0003/21,575$206
402 SE 8th StreetMay 2026$300,0003/21,502$200
139 SE 3rd TerraceJul 2026$255,0003/21,361$187
Average4 comps$285,625$203

Market trends, Cape Coral

Median list
$399,000
Median $/sqft
$232
Median sold (90d)
$385,000
Avg days on market
94
Active listings
2,481
Median sold price · Cape Coral
$385,000last 3 months7.2% vs $359,000 prior 3 months
Median closed price by month · Cape Coral
1.3% MoM8.4% YoY
$340k$365k$390kJul ’25Aug ’26
$384,750Aug ’26 · 413 sales

Median of closed MLS sales each month over the available window. Months with too few sales are omitted; the range extends automatically as more sales close.

Live area medians from the MLS · see all listings. Indicative, not an appraisal.

The good, the trade-offs & the location

Pros
  • Lower flood risk (zone X)
  • 2-car garage
Consider
  • Built 1990 — pre-2002 construction may carry older wind codes and higher insurance
  • 55+ age-restricted community
Location convenienceHigh
Hospital
1.7 mi
Cape Coral Hospital
Beach
12.9 mi
Fort Myers Beach
Airport
7.6 mi
Page Field (Fort Myers)
Shopping
2.1 mi
Coralwood / Merchants Crossing (Cape)

Straight-line distances to major SWFL amenities, approximate; actual drive times vary.

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Listing information is provided in part by the Florida Gulf Coast Multiple Listing Service (MLS) through its Broker Reciprocity / Internet Data Exchange (IDX) program. Properties displayed may be listed by brokerages other than SWFL Relocation Team. Data is deemed reliable but is not guaranteed accurate by the MLS or this brokerage and should be independently verified. Fees, flood zones, taxes, square footage, and school assignments are estimates from the feed and must be confirmed. © 2026 SWFL Relocation Team. All rights reserved.