$316,963
3 Bed SingleFamilyResidence for Sale in Cape Coral
161 SE 18th Terrace, Cape Coral, FL, 33990
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.
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.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 162 SE 18th Street | Jul 2026 | $290,000 | 3/2 | 1,216 | $238 |
| 162 SE 18th Terrace | Apr 2026 | $295,975 | 3/2 | 1,279 | $231 |
| 140 SE 17th Terrace | Aug 2026 | $292,000 | 3/2 | 1,205 | $242 |
| 152 SE 19th Lane | Jun 2026 | $329,000 | 3/2 | 1,257 | $262 |
| 167 SE 21st Terrace | Apr 2026 | $269,900 | 3/2 | 1,208 | $223 |
| 501 SE 17th Terrace | Aug 2026 | $295,000 | 3/2 | 1,212 | $243 |
| Average | 6 comps | $295,313 | $240 |
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 $18,616 (5.5%) from the original list price.
| Mar 5, 2025 | Price reducedfrom $326,963 | $316,963 |
| Dec 1, 2024 | Listed | $335,579 |
The good, the trade-offs & the location
- Lower flood risk (zone X)
- 2-car garage
- Built 2000 — 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.