$415,000
3 Bed SingleFamilyResidence for Sale in Cape Coral
516 SW 27th Terrace, Cape Coral, FL, 33914
About this home
This charming 2023 home features a durable metal roof, hurricane-impact windows and doors, and underground electrical service. Upon entering through the double glass doors you are welcomed into a bright, open and airy floor plan showcasing 3 bedrooms plus a den and 2 full baths. The home's interior is accentuated by 12-foot ceilings, 8 foot doors and 5 1/4-inch baseboards, creating a spacious feel. The Kitchen features custom cabinetry, floating shelves, a striking herringbone tile backsplash, quartz countertops with a waterfall edge island and sleek black stainless steel appliances. A three-panel pocket sliding door opens to a generous screened lanai, pre-plumbed with a water hook up for a future outdoor kitchen. The backyard provides ample space for a pool, perfect for entertaining or relaxation. The den/office offers additional versatility with extra built-in storage space and can easily serve as a fourth bedroom. Each bedroom includes custom designed built-in closets for optimal organization. The Owner's suite boasts a luxurious bath with a large walk-in shower featuring dual shower heads and a double-sink quartz vanity. Ideally situated near Home Depot, Midpoint Center and Veterans Memorial Pkwy, this home offers the perfect blend of style and functionality.
Property details
- Type
- SingleFamilyResidence
- Year built
- 2023
- Interior
- 1,796 sqft
- Lot size
- 10,018.8 sqft
- Acreage
- 0.23 acres
- Garage
- 2 car
- Days on market
- 124
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $5,810/yr
- Flood zone (area est.)
- No · Low risk (X)
- Storm protection
- Impact Windows/Doors
- Exposure
- South
- 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.
Based on the $/sqft of 8 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 |
|---|---|---|---|---|---|
| 2539 SW 4th Avenue | Dec 2025 | $460,000 | 4/3 | 1,898 | $242 |
| 330 SW 23rd Terrace | Aug 2026 | $370,000 | 4/2 | 1,651 | $224 |
| 330 SW 23rd Terrace | Oct 2025 | $366,990 | 4/2 | 1,650 | $222 |
| 711 Gleason Parkway | May 2026 | $417,500 | 4/3 | 1,750 | $239 |
| 129 SW 28th Terrace | Oct 2025 | $415,000 | 3/2 | 1,882 | $221 |
| 2223 SW 4th Court | Jul 2026 | $425,000 | 4/2 | 1,718 | $247 |
| Average | 6 comps | $409,082 | $233 |
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 $50,000 (10.8%) from the original list price.
| Aug 20, 2026 | Price reducedfrom $417,900 | $415,000 |
| Apr 18, 2026 | Listed | $465,000 |
The good, the trade-offs & the location
- Built 2023 — post-2002 Florida wind codes (typically lower insurance)
- Lower flood risk (zone X)
- Storm protection: Impact Windows/Doors
- 2-car garage
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.