3 Bed SingleFamilyResidence for Sale in Cape Coral
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SoldMLS# 2026006636

$249,000

3 Bed SingleFamilyResidence for Sale in Cape Coral

224 SE 3rd Terrace, Cape Coral, FL, 33990

3 beds2 baths1,188 sqft2 garage
Gated

About this home

Remarkable Opportunity To Live In This Remarkable Neighborhood! Just A Short Walk To The Saratoga Lake Park And Waterfront For Your Enjoyment And Relaxation. This 3 Bedroom 2 Bathroom 2 Car Garage Home Has A Convenient Split Floorplan For Your Privacy And Comfort. 3 Sets Of Sliding Glass Doors Open Onto A Covered Screened Rear Lanai Of The Property From The Primary Bedroom, Dining And Living Rooms. Fenced Rear Yard For Your Convenience. Hardwood Cabinetry In The Kitchen With A Window Above The Kitchen Sink Overlooking The Front Yard. This Home Is In An Area With A Wonderful Community Feel In This Quaint South East Cape Coral Neighborhood Centered Around The Multi Faceted Saratoga Lake Park. This Park Offers Horseshoes, Basketball Court, Playground, Picnic Pavilions, Restrooms, And A Kayak Launch. This House Has Good Bones And A Roof Installed In 2018. Great Opportunity To Make This House Your New Home. All Cape Coral Assessments Are in And Paid On This Property.

Property details

Type
SingleFamilyResidence
Year built
1981
Interior
1,188 sqft
Lot size
10,018.8 sqft
Acreage
0.23 acres
Garage
2 car
Days on market
100
Total association fees
None
CDD
None
Est. taxes (1.4%)
$3,486/yr
Flood zone (area est.)
No · Low risk (X)
Storm protection
None listed
Exposure
North
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
$210/sqft
Comp median
$219/sqft
Difference
-4%

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
171 SE 4th StreetAug 2026$270,0002/21,152$234
258 SE 1st AvenueFeb 2026$285,0003/21,294$220
232 SE Van Loon TerraceAug 2026$265,0003/21,236$214
625 SE 1st PlaceJan 2026$262,5003/21,204$218
Average4 comps$270,625$222

Market trends, Cape Coral

Median list
$399,900
Median $/sqft
$233
Median sold (90d)
$385,000
Avg days on market
94
Active listings
2,487
Median sold price · Cape Coral
$385,000last 3 months7.4% vs $358,500 prior 3 months
Median closed price by month · Cape Coral
2.6% MoM7% YoY
$340k$365k$390kJul ’25Aug ’26
$380,000Aug ’26 · 351 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

Jul 30, 2026Sold$249,000
Mar 23, 2026Listed$249,000

The good, the trade-offs & the location

Pros
  • Lower flood risk (zone X)
  • 2-car garage
Consider
  • Built 1981 — pre-2002 construction may carry older wind codes and higher insurance
Location convenienceHigh
Hospital
1.7 mi
Cape Coral Hospital
Beach
13.4 mi
Fort Myers Beach
Airport
7.7 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.