$289,000
3 Bed SingleFamilyResidence for Sale in Cape Coral
2038 NW 3rd Terrace, Cape Coral, FL, 33993
About this home
** OVERSIZED TRIPLE LOT IN NW CAPE CORAL ** This home delivers the perfect balance of comfort, functionality, and outdoor living. Welcome to this 3-bedroom, 2-bath home offering 1,703 square feet of living space, providing privacy and plenty of room to enjoy the Florida lifestyle. Several major updates have already been completed, including a new roof (April 2022), NEW WATER HEATER (2025), NEW WELL PUMP (2025), NEW WATER SOFTENER (2025), NEW INTERIOR PAINT (June 2026), and garage door opener (2025). The kitchen is equipped with smart LG appliances installed in 2022, adding modern convenience and functionality. Inside, you'll find a desirable SPLIT BEDROOM FLOOR PLAN that offers privacy for both homeowners and guests. The home presents a fantastic opportunity for a buyer to add their personal touch, offering the potential to truly make the space shine. Step outside to the screened lanai and additional open patio, ideal for entertaining, grilling, or relaxing while enjoying the spacious and private backyard setting. Families will appreciate the convenient location, with the brand-new Hector A. Cafferata K-8 School within walking distance. ** Adding even more value, the home features solar panels, helping keep electric costs remarkably affordable at $159 per month—providing substantial long-term savings. ** With major updates already completed, an OVERSIZED TRIPLE LOT, and energy-efficient features, this property offers an excellent combination of value, potential, and location.
Property details
- Type
- SingleFamilyResidence
- Year built
- 1998
- Interior
- 1,703 sqft
- Lot size
- 14,984.64 sqft
- Acreage
- 0.34 acres
- Garage
- 2 car
- Days on market
- 86
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $4,046/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
- Well
- Sewer
- Septic Tank
- New construction
- No
- Pets
- Yes
- County
- Lee
Maintenance included in the fee
What the association dues cover, per the MLS. Confirm the full schedule with the HOA.
Amenities
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 6 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.
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Your notes on this home
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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 |
|---|---|---|---|---|---|
| 225 NW 20th Avenue | Oct 2025 | $289,900 | 3/2 | 1,697 | $171 |
| 521 NW 18th Place | Oct 2025 | $290,000 | 3/2 | 1,777 | $163 |
| 2245 SW 1st Terrace | Jun 2026 | $282,000 | 3/2 | 1,556 | $181 |
| 130 NW 27th Avenue | Oct 2025 | $270,000 | 3/2 | 1,799 | $150 |
| 2428 NW 9th Street | Dec 2025 | $299,000 | 3/2 | 1,574 | $190 |
| 1731 SW 3rd Terrace | Oct 2025 | $305,000 | 4/2 | 1,712 | $178 |
| Average | 6 comps | $289,317 | $172 |
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 $10,000 (3.3%) from the original list price.
| Jul 26, 2026 | Price reducedfrom $294,000 | $289,000 |
| Jun 3, 2026 | Listed | $299,000 |
The good, the trade-offs & the location
- 2-car garage
- Built 1998 — 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.