3 Bed 2 Bath SingleFamilyResidence for Sale in CAPE CORAL, FL
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SoldMLS# 225043926

$275,000

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

1401 NW 16th Place, Cape Coral, FL, 33993

3 beds2 baths1,211 sqft2 garage
Gated

About this home

ACCEPTING SHOWING REQUESTS AND BACKUP OFFERS! At this price, your monthly payment could be close to a rent payment. Ask your agent about seller's possible closing cost assistance or interest rate point buydowns to lower your monthly payments. With these incentives, why not own and start building wealth today with this sweet starter home in a fantastic location. Comfort, convenience, and potential await a savvy homeowner or investor with this well-cared-for single-family ranch home in peaceful northwest Cape Coral. Owned by a single meticulous homeowner, this property comes with a solid foundation of premium updates and upgrades that bring high value and peace of mind to its next owner. The inviting split floor plan feels larger than its square footage thanks to vaulted ceilings and abundant natural light throughout. The spacious primary suite features a private en-suite bath and ample walk-in closet. New carpet and fresh interior paint provide a clean, move-in-ready feel. Newer major systems include HVAC in 2023, a whole-house water filtration system, water heater, and more. Original builder upgrades include a sunny bay window in the kitchen perfect for a bistro nook and an expanded screened lanai overlooking the backyard. The desirable location is just under a mile from MARINER Middle and High Schools and only 2.3 miles from Coral Oaks Golf Course. NO FLOOD INSURANCE REQUIRED here and no damages or flooding from previous storms or hurricanes!

Property details

Type
SingleFamilyResidence
Year built
2004
Interior
1,211 sqft
Lot size
10,018.8 sqft
Acreage
0.23 acres
Garage
2 car
Days on market
61
Total association fees
None
CDD
None
Est. taxes (1.4%)
$3,850/yr
Flood zone (area est.)
No · Low risk (X)
Storm protection
None listed
Exposure
East
Waterfront
No
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
Well
Sewer
Septic Tank
New construction
No
Pets
Yes
County
Lee

Maintenance included in the fee

RoadMaintenanceStreetLights

What the association dues cover, per the MLS. Confirm the full schedule with the HOA.

Amenities

Park

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
$227/sqft
Comp median
$195/sqft
Difference
+16%

Based on the $/sqft of 5 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
1230 NW 13th AvenueJul 2026$295,0003/21,272$232
1621 NW 18th StreetJul 2026$265,0003/21,408$188
1730 NW 18th TerraceAug 2025$269,9003/21,382$195
1011 NW 12th AvenueNov 2025$275,0003/21,332$206
2204 NW 18th TerraceJan 2026$265,0003/21,408$188
Average5 comps$273,980$202

Market trends — Cape Coral

Median list
$399,999
Median $/sqft
$234
Median sold (90d)
$384,900
Avg days on market
93
Active listings
2,525
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 · 314 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 $25,000 (8.5%) from the original list price.

Sep 2, 2025Sold$270,000
Jun 4, 2025Price reducedfrom $295,000$275,000
May 6, 2025Listed$295,000

The good, the trade-offs & the location

Pros
  • Built 2004 — post-2002 Florida wind codes (typically lower insurance)
  • Lower flood risk (zone X)
  • 2-car garage
Location convenienceHigh
Hospital
5 mi
Cape Coral Hospital
Beach
16 mi
Fort Myers Beach
Airport
11 mi
Page Field (Fort Myers)
Shopping
4.6 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.