2 Bed Waterfront Home for Sale in Admirals Bay
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For SaleMLS# 2026022994

$405,000

2 Bed Waterfront Home for Sale in Admirals Bay

2214 SE 14th Terrace, Cape Coral, FL, 33990

2 beds2 baths1,116 sqft
BoatingWaterfront

About this home

Waterfront Opportunity in the heart of Cape Coral! 2214 SE 14th Terrace offers direct gulf-access canal living with no bridges, making it a perfect property for boaters, vacation homeowners, or investors looking for strong rental potential. This fully updated 2-bedroom, 2-bath home features a brand-new metal roof, quartz countertops, stainless steel appliances, renovated bathrooms, ceramic tile flooring, and a spacious 2-car garage. Situated on a large canal-front lot with private dock space, this property delivers the true Southwest Florida lifestyle.

Property details

Type
SingleFamilyResidence
Year built
1978
Interior
1,116 sqft
Lot size
10,018.8 sqft
Acreage
0.23 acres
Garage
None
Days on market
53
Total association fees
None
CDD
None
Est. taxes (1.4%)
$5,670/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
None listed
Exposure
Northeast
Waterfront
Yes
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
Public
Sewer
Public Sewer
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.

Above marketThis home is priced above comparable recent sales.
This home
$363/sqft
Comp median
$295/sqft
Difference
+23%

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
2032 Coral Point DriveSep 2025$400,0002/21,244$322
1793 Four Mile Cove Parkway 733Dec 2025$310,0002/21,226$253
4343 S Gulf CircleAug 2026$430,0003/21,302$330
1427 SE 8th AvenueApr 2026$324,9003/21,212$268
Average4 comps$366,225$293

Market trends, Cape Coral

Median list
$399,000
Median $/sqft
$233
Median sold (90d)
$385,000
Avg days on market
94
Active listings
2,460
Median sold price · Cape Coral
$385,000last 3 months7.2% vs $359,000 prior 3 months
Median closed price by month · Cape Coral
2.6% MoM7% YoY
$340k$365k$390kJul ’25Aug ’26
$380,000Aug ’26 · 444 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.

Price & status history

Down $10,000 (2.4%) from the original list price.

Jul 13, 2026Price reducedfrom $415,000$405,000
May 21, 2026Listed$415,000

The good, the trade-offs & the location

Pros
  • Waterfront
Consider
  • Built 1978 — pre-2002 construction may carry older wind codes and higher insurance
  • In a higher-risk flood zone (AE) — flood insurance likely required
  • No garage listed
Location convenienceHigh
Hospital
1.2 mi
Cape Coral Hospital
Beach
12.1 mi
Fort Myers Beach
Airport
4.8 mi
Page Field (Fort Myers)
Shopping
1.8 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.