$290,000
3 Bed SingleFamilyResidence for Sale in Cape Coral
3806 SW 1st Terrace, Cape Coral, FL, 33991
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.
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.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 3801 SW 1st Lane | Sep 2025 | $350,000 | 3/2 | 1,586 | $221 |
| 3708 SW 2nd Lane | Dec 2025 | $325,000 | 3/2 | 1,718 | $189 |
| 3601 SW 3rd Terrace | Feb 2026 | $340,000 | 3/2 | 1,417 | $240 |
| 14 SW 33rd Avenue | Jul 2026 | $250,000 | 3/2 | 1,404 | $178 |
| 509 NW 36th Avenue | Jun 2026 | $255,000 | 3/2 | 1,463 | $174 |
| Average | 5 comps | $304,000 | $200 |
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 $35,000 (10.8%) from the original list price.
| Jun 1, 2026 | Price reducedfrom $319,000 | $290,000 |
| Apr 24, 2026 | Listed | $325,000 |
The good, the trade-offs & the location
- Built 2002 — post-2002 Florida wind codes (typically lower insurance)
- 2-car garage
- In a higher-risk flood zone (AE) — flood insurance likely required
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.