3 Bed SingleFamilyResidence for Sale in Cape Coral
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For SaleMLS# 226017128

$290,000

3 Bed SingleFamilyResidence for Sale in Cape Coral

3806 SW 1st Terrace, Cape Coral, FL, 33991

3 beds2 baths1,585 sqft2 garage
Gated

About this home

Well maintained 3 bedroom, 2 bath home featuring tile throughout and volume ceilings that fill the space with natural light and create a warm, inviting feel. The sliders off the living and dining areas seamlessly bring the outdoors in, making this home perfect for both everyday living and entertaining. The open kitchen offers ample cabinet space, stainless steel appliances, a pantry, and a breakfast bar that overlooks the main living areas. The primary suite is a true retreat with private access to the expansive screened lanai, complete with pavers and a spa, offering plenty of space to relax or entertain with room to add a pool if desired. The ensuite bathroom features dual vanities and a beautifully tiled walk in shower. Step outside to enjoy mature landscaping, a newer wood privacy fence, and a storage shed for added convenience. Major updates have already been taken care of with a newer roof, newer AC, and updated fencing, giving buyers peace of mind and making this home truly move in ready.

Property details

Type
SingleFamilyResidence
Year built
2002
Interior
1,585 sqft
Lot size
10,018.8 sqft
Acreage
0.23 acres
Garage
2 car
Days on market
56
Total association fees
None
CDD
None
Est. taxes (1.4%)
$4,060/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
None listed
Exposure
South
Waterfront
No
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
Yes
Natural gas
No
Water
Public
Sewer
Public Sewer
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.

At marketThis home is priced in line with comparable recent sales.
This home
$183/sqft
Comp median
$189/sqft
Difference
-3%

Based on the $/sqft of 5 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
3801 SW 1st LaneSep 2025$350,0003/21,586$221
3708 SW 2nd LaneDec 2025$325,0003/21,718$189
3601 SW 3rd TerraceFeb 2026$340,0003/21,417$240
14 SW 33rd AvenueJul 2026$250,0003/21,404$178
509 NW 36th AvenueJun 2026$255,0003/21,463$174
Average5 comps$304,000$200

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
2.6% MoM7% YoY
$340k$365k$390kJul ’25Aug ’26
$380,000Aug ’26 · 444 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 $35,000 (10.8%) from the original list price.

Jun 1, 2026Price reducedfrom $319,000$290,000
Apr 24, 2026Listed$325,000

The good, the trade-offs & the location

Pros
  • Built 2002 — post-2002 Florida wind codes (typically lower insurance)
  • 2-car garage
Consider
  • In a higher-risk flood zone (AE) — flood insurance likely required
Location convenienceHigh
Hospital
6.8 mi
Cape Coral Hospital
Beach
14.8 mi
Sanibel Island
Airport
12.5 mi
Page Field (Fort Myers)
Shopping
7 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.