3 Bed SingleFamilyResidence for Sale in Cape Coral
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For SaleMLS# 225001966

$344,000

3 Bed SingleFamilyResidence for Sale in Cape Coral

1423 NW 20th Terrace, Cape Coral, FL, 33993

3 beds2 baths1,598 sqft2 garage
Gated

About this home

Modern NW Cape Coral Home – Seller Offering Closing Cost Assistance! Beautiful, move-in ready, and offering an opportunity buyers won’t want to miss! From the moment you step inside, you’ll appreciate the bright, welcoming atmosphere. Whether you’re enjoying a quiet morning at home or entertaining friends and family, this space was designed for both everyday living and special occasions. Sleek tile flooring throughout gives the home a clean, contemporary feel while keeping maintenance simple. A dedicated laundry room with a washer and dryer included, plus an additional storage closet, adds even more convenience. At the end of the day, retreat to the spacious primary suite, complete with a generous walk-in closet and private ensuite bathroom featuring dual vanities. Outside, professionally maintained landscaping creates beautiful curb appeal and a welcoming setting to enjoy the Southwest Florida lifestyle. Located in desirable NW Cape Coral, you’ll enjoy convenient access to shopping, dining, parks, schools, and everything this growing area has to offer. And here’s the bonus: The seller is offering assistance toward closing costs, giving qualified buyers an opportunity to reduce their upfront expenses and make this beautiful home even more attainable. Homes that combine this level of style, functionality, location, and seller incentive deserve to be seen in person. Schedule your private showing today and come experience everything this NW Cape Coral home has to offer!

Property details

Type
SingleFamilyResidence
Year built
2024
Interior
1,598 sqft
Lot size
10,628.64 sqft
Acreage
0.24 acres
Garage
2 car
Days on market
596
Total association fees
None
CDD
None
Est. taxes (1.4%)
$4,816/yr
Flood zone (area est.)
No · Low risk (X)
Storm protection
Impact Windows/Doors
Exposure
Northwest
Waterfront
No
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
Well
Sewer
Public Sewer
New construction
Yes
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
$215/sqft
Comp median
$195/sqft
Difference
+10%

Based on the $/sqft of 6 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
2104 NW 16th PlaceDec 2025$340,0004/31,767$192
1616 NW 9th TerraceDec 2025$314,9904/21,665$189
1213 NW 19th TerraceApr 2026$294,9003/21,551$190
2204 NW 16th PlaceNov 2025$299,9904/21,426$210
1604 NW 23rd TerraceAug 2026$313,9904/21,593$197
2137 NW 18th PlaceFeb 2026$294,9903/21,469$201
Average6 comps$309,810$197

Market trends, Cape Coral

Median list
$399,000
Median $/sqft
$233
Median sold (90d)
$385,000
Avg days on market
94
Active listings
2,460
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 $51,000 (12.9%) from the original list price.

Jul 2, 2026Price reducedfrom $349,900$344,000
Jul 30, 2025Back on market
Jan 6, 2025Listed$395,000

The good, the trade-offs & the location

Pros
  • Built 2024 — post-2002 Florida wind codes (typically lower insurance)
  • New construction
  • Lower flood risk (zone X)
  • Storm protection: Impact Windows/Doors
  • 2-car garage
Location convenienceHigh
Hospital
5.4 mi
Cape Coral Hospital
Beach
16.8 mi
Fort Myers Beach
Airport
11.3 mi
Page Field (Fort Myers)
Shopping
4.8 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.