3 Bed 2 Bath SingleFamilyResidence for Sale in CAPE CORAL, FL
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SoldMLS# 225038489

$320,000

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

2049 NE 27th Terrace, Cape Coral, FL, 33909

3 beds2 baths1,784 sqft2 garage

About this home

HUGE PRICE REDUCTION! Welcome to your meticulously maintained 2005 home, nestled in the serene and inviting neighborhood of Northeast Cape Coral. This delightful residence features 3 spacious bedrooms, 2 full bathrooms, and a versatile den, perfect for a home office or playroom. The open concept floor plan creates a warm and inviting atmosphere, ideal for both entertaining and everyday living. Enjoy the tranquility of the area, away from the hustle and bustle of busy traffic, while still being conveniently located near essential amenities. Recent upgrades include a brand new roof installed in 2023 and a new air conditioning system added in 2020, ensuring your comfort and peace of mind for years to come. The beautifully landscaped yard is perfect for outdoor activities, complete with a fenced-in area, making it a safe haven for your kids or pets to roam and play. Don’t miss the opportunity to make this charming home your own! Schedule a showing today and experience the perfect blend of comfort, style, and tranquility. Home Is Not in a flood zone! Home is equipped with Hurricane shutters and Wired for a generator.

Property details

Type
SingleFamilyResidence
Year built
2005
Interior
1,784 sqft
Lot size
10,018.8 sqft
Acreage
0.23 acres
Garage
2 car
Days on market
55
Total association fees
None
CDD
None
Est. taxes (1.4%)
$4,480/yr
Flood zone (area est.)
No · Low risk (X)
Storm protection
Shutters
Exposure
North
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

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
$179/sqft
Comp median
$159/sqft
Difference
+13%

Based on the $/sqft of 3 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
2030 NE 25th TerraceDec 2025$290,0003/21,672$173
1923 NE 20th TerraceMar 2026$295,0004/21,857$159
1722 NE 21st StreetJul 2026$280,0003/21,793$156
Average3 comps$288,333$163

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 $19,000 (5.6%) from the original list price.

Aug 5, 2025Sold$320,000
May 23, 2025Price reducedfrom $339,000$320,000
Apr 15, 2025Listed$339,000

The good, the trade-offs & the location

Pros
  • Built 2005 — post-2002 Florida wind codes (typically lower insurance)
  • Lower flood risk (zone X)
  • Storm protection: Shutters
  • 2-car garage
Location convenienceHigh
Hospital
4.9 mi
Cape Coral Hospital
Beach
17.4 mi
Fort Myers Beach
Airport
9.1 mi
Page Field (Fort Myers)
Shopping
3.7 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.