3 Bed 2 Bath SingleFamilyResidence for Sale in CAPE CORAL, FL
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SoldMLS# 225028062

$312,000

3 Bed 2 Bath SingleFamilyResidence for Sale in CAPE CORAL, FL

2218 NE 5th Terrace, Cape Coral, FL, 33909

3 beds2 baths1,749 sqft2 garage
Gated

About this home

Welcome to this spacious home of over 1700 sq ft located in a lovely neighborhood. Convenient to shopping, dining, and access to Historic Downtown Fort Myers for entertainment. Nice privacy with a split bedroom floor plan. The large kitchen with breakfast bar opens up to either the dining room or utilized as a family room. New LVP flooring in two bedrooms recently installed and, comfy carpet in third bedroom or office space. The primary bedroom boasts a walk in closet and bathroom with a jetted tub and shower combo. Airy and lots of light coming through the sliding door which opens to the screened lanai. The exterior has been painted recently with an attractive modern color and provides lots of privacy in the totally fenced in yard with plenty of room for you and your furry family members to enjoy. This home is ready for you to make it your own. Nice price drop ready for a new owner to update as you like. Come and see it today! Very easy to show. Please note the first eight interior photos are Virtually Staged.Just an idea of how you can enhance the property.

Property details

Type
SingleFamilyResidence
Year built
2000
Interior
1,749 sqft
Lot size
10,018.8 sqft
Acreage
0.23 acres
Garage
2 car
Days on market
143
Total association fees
None
CDD
None
Est. taxes (1.4%)
$4,368/yr
Flood zone (area est.)
No · Low risk (X)
Storm protection
None listed
Exposure
South
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.

Below marketThis home is priced below comparable recent sales — a potential value.
This home
$178/sqft
Comp median
$206/sqft
Difference
-14%

Based on the $/sqft of 10 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.

AddressSoldSold priceBeds/BathsSq ft$/sqft
2223 NE 5th StreetNov 2025$300,0003/21,931$155
13451 Fern Trail DriveMar 2026$365,0004/21,796$203
2004 NE 5th TerraceJul 2026$341,7003/21,633$209
13690 Willow Bridge DriveSep 2025$365,0003/21,566$233
9 NE 20th CourtFeb 2026$380,0003/21,700$224
2203 SE 1st TerraceApr 2026$340,0003/21,688$201
Average6 comps$348,617$204

Market trends — Cape Coral

Median list
$399,999
Median $/sqft
$234
Median sold (90d)
$384,900
Avg days on market
94
Active listings
2,509
Median sold price · Cape Coral
$382,000last 3 months7% vs $356,900 prior 3 months
Median closed price by month · Cape Coral
2.6% MoM11.3% YoY
$340k$368k$395kJul ’25Jul ’26
$395,000Jul ’26 · 316 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 $27,000 (8%) from the original list price.

Sep 12, 2025Sold$312,000
Jul 23, 2025Price reducedfrom $320,000$312,000
Mar 18, 2025Listed$339,000

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
2.3 mi
Cape Coral Hospital
Beach
14.6 mi
Fort Myers Beach
Airport
6.5 mi
Page Field (Fort Myers)
Shopping
1.1 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.