3 Bed 2 Bath SingleFamilyResidence for Sale in CAPE CORAL, FL
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SoldMLS# 2025015810

$260,000

3 Bed 2 Bath SingleFamilyResidence for Sale in CAPE CORAL, FL

404 NE 23rd Terrace, Cape Coral, FL, 33909

3 beds2 baths1,272 sqft2 garage
Gated

About this home

SELLER MOTIVATED. Beautiful 3-bedroom, 2-bath home with a 2-car garage offers modern construction and an open, inviting layout at a value price. New water pump, new paint and carpet, hurricane glass front door, roof 2023, AC 2021, new water heater 2022. Inside, you’ll find tile flooring throughout living area and a spacious split-bedroom design that gives everyone their own space. Fresh paint through-out, New carpets in all bedrooms, new roof in 2023. Not in a flood zone and a fenced in back yard for your dogs or kids to play. Conveniently located in a desirable section of NW Cape Coral Close to shopping and a quiet neighborhood.

Property details

Type
SingleFamilyResidence
Year built
2005
Interior
1,272 sqft
Lot size
10,018.8 sqft
Acreage
0.23 acres
Garage
2 car
Days on market
147
Total association fees
None
CDD
None
Est. taxes (1.4%)
$3,640/yr
Flood zone (area est.)
No · Low risk (X)
Storm protection
None listed
Exposure
West
Waterfront
No
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
Well
Sewer
Septic Tank
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
$204/sqft
Comp median
$196/sqft
Difference
+4%

Based on the $/sqft of 6 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
2212 NE 5th AvenueJun 2026$250,0003/21,272$197
2216 NE 3rd AvenueNov 2025$280,0003/21,418$197
626 Kismet ParkwayDec 2025$285,0003/21,408$202
2216 NE 2nd AvenueMar 2026$278,0003/21,458$191
706 Kismet ParkwayNov 2025$265,0003/21,408$188
111 Kismet ParkwayJan 2026$245,0003/21,258$195
Average6 comps$267,167$195

Market trends — Cape Coral

Median list
$399,999
Median $/sqft
$234
Median sold (90d)
$384,900
Avg days on market
94
Active listings
2,509
Median sold price · Cape Coral
$382,000last 3 months7% vs $356,900 prior 3 months
Median closed price by month · Cape Coral
2.6% MoM11.3% YoY
$340k$368k$395kJul ’25Jul ’26
$395,000Jul ’26 · 316 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 $53,000 (19.1%) from the original list price.

Apr 25, 2026Sold$225,000
Jan 16, 2026Price reducedfrom $272,000$260,000
Oct 17, 2025Listed$278,000

The good, the trade-offs & the location

Pros
  • Built 2005 — post-2002 Florida wind codes (typically lower insurance)
  • Lower flood risk (zone X)
  • 2-car garage
Location convenienceHigh
Hospital
4.4 mi
Cape Coral Hospital
Beach
16.8 mi
Fort Myers Beach
Airport
9.8 mi
Page Field (Fort Myers)
Shopping
3.5 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.