$299,900
3 Bed 2 Bath SingleFamilyResidence for Sale in CAPE CORAL, FL
238 SE 46th Lane, Cape Coral, FL, 33904
About this home
FHA, VA, Conventional Financing or Cash! Excellent opportunity for a first-time homebuyer or investor. This beautiful 3/2/1 home has been fully renovated and features new kitchen and bathroom cabinets with quartz countertops, fresh interior and exterior paint, tile flooring throughout, a brand-new air conditioning system with all new ductwork, a spacious lanai perfect for relaxing, and a large backyard ideal for future improvements. Conveniently located near shops, restaurants, and major roadways. Move-in ready. Submit offers with a pre-approval letter or proof of funds.
Property details
- Type
- SingleFamilyResidence
- Year built
- 1965
- Interior
- 1,260 sqft
- Lot size
- 10,018.8 sqft
- Acreage
- 0.23 acres
- Garage
- 1 car
- Days on market
- 46
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $4,199/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- 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.
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.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 331 SE 47th Street | Nov 2025 | $260,000 | 3/2 | 1,427 | $182 |
| 265 SE 46th Terrace | Aug 2025 | $305,000 | 2/2 | 1,322 | $231 |
| 247 SE 46th Street | Feb 2026 | $310,000 | 3/2 | 1,393 | $223 |
| 4501 SE 1st Avenue | Oct 2025 | $300,000 | 2/2 | 1,123 | $267 |
| Average | 4 comps | $293,750 | $226 |
Market trends — Cape Coral
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 $9,900 (3.5%) from the original list price.
| Feb 9, 2026 | Sold | $270,000 |
| Dec 10, 2025 | Price increasedfrom $279,900 | $299,900 |
| Nov 25, 2025 | Listed | $279,900 |
The good, the trade-offs & the location
- Built 1965 — pre-2002 construction may carry older wind codes and higher insurance
- In a higher-risk flood zone (AE) — flood insurance likely required
Straight-line distances to major SWFL amenities — approximate; actual drive times vary.
Nearby schools
Get more information on their programs, scores, and extracurriculars on each school's page · browse the full schools directory.
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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.