3 Bed SingleFamilyResidence for Sale in Cape Coral
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For SaleMLS# 224090812

$316,963

3 Bed SingleFamilyResidence for Sale in Cape Coral

161 SE 18th Terrace, Cape Coral, FL, 33990

3 beds2 baths1,211 sqft2 garage

About this home

Welcome Home | Bienvenido a Su Casa ? NO FLOOD INSURANCE REQUIRED! Step into this beautifully remodeled Cape Coral gem, proudly cared for by one original owner, offering a rare combination of modern upgrades, Florida charm, and outstanding investment potential. Whether you’re searching for a primary residence, a seasonal escape, or a turnkey rental opportunity, this home delivers comfort, value, and peace of mind. Upon entry, you’re welcomed into a spacious great-room floor plan enhanced by soaring volume ceilings that seamlessly connect the living, dining, and kitchen spaces. The open layout creates a bright, airy atmosphere—perfect for entertaining guests or enjoying relaxed everyday living. The thoughtfully designed split-bedroom configuration provides privacy for owners and guests alike, while the indoor laundry room adds everyday convenience. ?Extensively updated in 2018, the home features elegant plank tile flooring throughout—from the entryway, through the interior living spaces, and extending into the screen-enclosed lanai, creating a cohesive, modern flow. The heart of the home is the stunning contemporary kitchen, styled in timeless shades of greys and whites. It boasts solid wood cabinetry, sleek granite countertops, a stylish tile backsplash, and stainless-steel appliances, making it both beautiful and functional for cooking, hosting, and gathering. The open-concept design flows effortlessly from the front porch entry, through the main living areas, and out to your private screened lanai—an ideal spot for morning coffee, evening relaxation, or entertaining friends. Enjoy tranquil views of your lush coconut palms and mature mango tree, offering a true taste of Florida’s tropical lifestyle right in your backyard. Major improvements and peace-of-mind features include: New roof installed in 2022, No history of hurricane damage, Not located in a flood zone, helping reduce insurance costs and long-term ownership expenses. This home presents a fantastic opportunity for both homeowners and investors. Move in immediately, enjoy it as a vacation retreat, or generate rental income with minimal startup costs. Its condition, location, and upgrades make it an attractive option for long-term tenants or short-term use where permitted. ?? Perfect for: First-time homebuyers, Retirees & snowbirds, Vacation or second-home buyers, Investment and rental property seekers. ?? In-person and virtual showings available, ?? Creative financing options considered with substantial down payment of balance over loan amount. This is more than just a house, it’s a Florida lifestyle opportunity. Comfort, style, security, and flexibility come together in one exceptional property, ready for its next owner to make it home. ?? Schedule your private showing today and experience the value and charm for yourself! Living the Lifestyle in Cape Coral, SW Florida.

Property details

Type
SingleFamilyResidence
Year built
2000
Interior
1,211 sqft
Lot size
10,018.8 sqft
Acreage
0.23 acres
Garage
2 car
Days on market
413
Total association fees
None
CDD
None
Est. taxes (1.4%)
$4,437/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.

Above marketThis home is priced above comparable recent sales.
This home
$262/sqft
Comp median
$238/sqft
Difference
+10%

Based on the $/sqft of 7 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
162 SE 18th StreetJul 2026$290,0003/21,216$238
162 SE 18th TerraceApr 2026$295,9753/21,279$231
140 SE 17th TerraceAug 2026$292,0003/21,205$242
152 SE 19th LaneJun 2026$329,0003/21,257$262
167 SE 21st TerraceApr 2026$269,9003/21,208$223
501 SE 17th TerraceAug 2026$295,0003/21,212$243
Average6 comps$295,313$240

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 $18,616 (5.5%) from the original list price.

Mar 5, 2025Price reducedfrom $326,963$316,963
Dec 1, 2024Listed$335,579

The good, the trade-offs & the location

Pros
  • Lower flood risk (zone X)
  • 2-car garage
Consider
  • Built 2000 — pre-2002 construction may carry older wind codes and higher insurance
Location convenienceHigh
Hospital
1.9 mi
Cape Coral Hospital
Beach
11.6 mi
Fort Myers Beach
Airport
7 mi
Page Field (Fort Myers)
Shopping
2.9 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.