3 Bed SingleFamilyResidence for Sale in Cape Coral
1 / 7
▶ View Virtual Tour
For SaleMLS# 2026012595

$331,850

3 Bed SingleFamilyResidence for Sale in Cape Coral

1223 NE 18th Terrace, Cape Coral, FL, 33909

3 beds2 baths1,540 sqft2 garage

About this home

Ask about 4.99% financing* + closing cost contribution* A brand new 1540 sq. ft. home in NE Cape Coral is a short walk from Diplomat Elementary School and features 3 bedrooms, 2 baths, and a 2-car garage. NOW 90% complete and available for viewing! This new home is in Flood Zone X, so flood insurance isn't required, and it will have Central Utilities. This plan offers enhanced functionality and refined flow, featuring upgraded plank ceramic tile throughout the living areas. Elegant exterior French glass doors open to a spacious 21' x 10' covered lanai. This home features granite countertops in the kitchen and baths, stainless steel appliances, upgraded cabinets, a spacious primary bedroom with step ceiling, and a plank-tiled shower with a separate garden tub and frameless glass door. The yard features professional landscaping, a digital irrigation system, and low-maintenance Bahia sod New Adams Homes offer peace of mind with a comprehensive warranty package, including coverage for 1, 2, and 10 years. This ensures long-term protection for your investment. This newly constructed property presents an excellent opportunity to own a home in a quiet and rapidly growing neighborhood close to everything you need for daily living. Please reach out today to arrange a viewing and experience all that this home has to offer! *Prices are subject to change. Schedule your showing today!

Property details

Type
SingleFamilyResidence
Year built
2026
Interior
1,540 sqft
Lot size
10,018.8 sqft
Acreage
0.23 acres
Garage
2 car
Days on market
135
Total association fees
None
CDD
None
Est. taxes (1.4%)
$4,646/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 Unpaid
Sewer
Assessment Unpaid
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.

Below marketThis home is priced below comparable recent sales, a potential value.
This home
$215/sqft
Comp median
$234/sqft
Difference
-8%

Based on the $/sqft of 10 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.

Seeing several homes? Build a tour and we'll route it for you.

Your notes on this home

Keep private notes on this home, what you love, what to ask about, saved to your account and shared with your agent.

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
1120 NE 19th TerraceOct 2025$335,0003/21,432$234
1329 NE 18th TerraceJul 2026$345,0003/21,430$241
1701 NE 13th AvenueAug 2026$354,9903/21,550$229
1320 NE 20th StreetJul 2026$380,0003/31,621$234
1818 NE 10th PlaceJun 2026$320,0004/31,683$190
1906 NE 16th PlaceJun 2026$380,0003/21,362$279
Average6 comps$352,498$235

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.

Price & status history

Down $8,700 (2.6%) from the original list price.

Jul 26, 2026Price reducedfrom $341,850$331,850
Mar 13, 2026Listed$340,550

The good, the trade-offs & the location

Pros
  • Built 2026 — post-2002 Florida wind codes (typically lower insurance)
  • Lower flood risk (zone X)
  • 2-car garage
Location convenienceHigh
Hospital
3.7 mi
Cape Coral Hospital
Beach
16.2 mi
Fort Myers Beach
Airport
8.7 mi
Page Field (Fort Myers)
Shopping
2.6 mi
Coralwood / Merchants Crossing (Cape)

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

Loading map…

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.