$267,500
3 Bed SingleFamilyResidence for Sale in Cape Coral
216 SE 27th Terrace, Cape Coral, FL, 33904
About this home
SELLER WILL HAVE A NEW ROOF INSTALLED PRIOR TO CLOSING! Welcome to 216 SE 27th Terrace, a beautifully maintained 3 bedroom, 2 bathroom home offering the updates, space, and flexibility today’s buyers are looking for. Fresh neutral paint creates a bright and welcoming interior, complemented by hard surface flooring throughout with no carpet, updated light fixtures, and energy efficient appliances. The comfortable, functional layout flows seamlessly to a spacious screened lanai, extending your living space outdoors and creating the perfect spot for morning coffee, weekend gatherings, or year round Florida living. Out back, the oversized yard gives you room to make it your own with plenty of space for a future pool, fenced yard, outdoor entertaining area, or simply more room to enjoy. Conveniently located near shopping, dining, schools, parks, and Cape Coral’s major roadways with easy access to Fort Myers. With a new roof to be installed prior to closing and a home that has already been thoughtfully refreshed, this is an opportunity to move in and make it yours!
Property details
- Type
- SingleFamilyResidence
- Year built
- 1989
- Interior
- 1,110 sqft
- Lot size
- 10,018.8 sqft
- Acreage
- 0.23 acres
- Garage
- 2 car
- Days on market
- 43
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $3,745/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
- 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 4 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 |
|---|---|---|---|---|---|
| 301 SE 26th Terrace | Dec 2025 | $275,000 | 3/2 | 1,272 | $216 |
| 208 Aviation Parkway | Sep 2025 | $242,000 | 3/2 | 1,119 | $216 |
| 167 SE 21st Terrace | Apr 2026 | $269,900 | 3/2 | 1,208 | $223 |
| 306 SE 21st Street | Oct 2025 | $265,000 | 3/2 | 1,219 | $217 |
| Average | 4 comps | $262,975 | $218 |
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 $7,500 (2.7%) from the original list price.
| Sep 18, 2026 | Price reducedfrom $270,000 | $267,500 |
| Aug 6, 2026 | Listed | $275,000 |
The good, the trade-offs & the location
- Lower flood risk (zone X)
- 2-car garage
- Built 1989 — 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.