$249,900
3 Bed 2 Bath SingleFamilyResidence for Sale in CAPE CORAL, FL
1601 NW 16th Terrace, Cape Coral, FL, 33993
About this home
Welcome to 1601 NW 16th Terrace, a beautifully maintained 3-bedroom, 2-bath home situated on an oversized corner of Northwest Cape Coral. Offering over 1,400 square feet of comfortable living space, this home combines functionality, privacy, and value in one of the city's fastest-growing areas. Step inside to discover a bright and inviting split-bedroom floor plan designed for everyday living. The spacious living and dining areas flow seamlessly together, creating the perfect setting for entertaining guests or enjoying quiet evenings at home. The kitchen offers ample cabinet and pantry space, making meal preparation both convenient and efficient. The primary suite provides a private retreat complete with a walk-in closet and en-suite bath, while two additional bedrooms offer flexibility for family, guests, or a home office. Neutral finishes throughout create a move-in-ready environment that allows you to easily personalize the space to your style. Outside, you'll appreciate the large lot with plenty of room to add a pool, outdoor living area, garden, storage building, or simply enjoy the extra space and privacy that is increasingly difficult to find. The screened lanai offers a comfortable place to relax year-round while enjoying Southwest Florida's beautiful weather. Additional features include a 2-car garage, well and septic system, mature neighborhood setting, and convenient access to schools, shopping, dining, parks, boating, and all that Cape Coral has to offer. Whether you're searching for a primary residence, seasonal getaway, or investment opportunity, this property delivers exceptional value, a desirable layout, and room to grow. Schedule your private showing today and discover why Northwest Cape Coral continues to be one of Southwest Florida's most sought-after destinations.
Property details
- Type
- SingleFamilyResidence
- Year built
- 1992
- Interior
- 1,404 sqft
- Lot size
- 10,497.96 sqft
- Acreage
- 0.24 acres
- Garage
- 2 car
- Days on market
- 5
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $3,499/yr
- Flood zone (area est.)
- No · Low risk (X)
- Storm protection
- Shutters
- Exposure
- North
- 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.
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 20 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 |
|---|---|---|---|---|---|
| 1613 NW 16th Terrace | Oct 2025 | $288,000 | 3/2 | 1,240 | $232 |
| 1601 NW 17th Terrace | Jun 2026 | $277,500 | 3/2 | 1,558 | $178 |
| 1621 NW 18th Street | Jul 2026 | $265,000 | 3/2 | 1,408 | $188 |
| 1400 NW 16th Terrace | Oct 2025 | $300,000 | 3/2 | 1,400 | $214 |
| 1401 NW 16th Place | Sep 2025 | $270,000 | 3/2 | 1,211 | $223 |
| 1730 NW 18th Terrace | Aug 2025 | $269,900 | 3/2 | 1,382 | $195 |
| Average | 6 comps | $278,400 | $205 |
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
| Jul 29, 2026 | Back on market | |
| Jun 12, 2026 | Listed | $249,900 |
The good, the trade-offs & the location
- Lower flood risk (zone X)
- Storm protection: Shutters
- 2-car garage
- Built 1992 — pre-2002 construction may carry older wind codes and higher insurance
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.