3 Bed 2 Bath SingleFamilyResidence for Sale in CAPE CORAL, FL
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SoldMLS# 225039772

$263,000

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

1451 SE 16th Terrace, Cape Coral, FL, 33990

3 beds2 baths1,506 sqft2 garage

About this home

Great Location - Centrally located near shopping, schools, banks, bridges, and hospital. Unique layout, second floor is the master bedroom and bath (Master bedroom furniture included) that overlooks the first floor living room. Two additional bedrooms on the first floor. Screened lanai and plenty of room for a pool.

Property details

Type
SingleFamilyResidence
Year built
1985
Interior
1,506 sqft
Lot size
10,018.8 sqft
Acreage
0.23 acres
Garage
2 car
Days on market
19
Total association fees
None
CDD
None
Est. taxes (1.4%)
$3,682/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
Impact Windows/Doors
Exposure
North
Waterfront
No
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
Assessment Paid
Sewer
Assessment Paid
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.

Below marketThis home is priced below comparable recent sales — a potential value.
This home
$175/sqft
Comp median
$202/sqft
Difference
-13%

Based on the $/sqft of 4 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
1433 SE 13th TerraceMay 2026$300,0003/21,320$227
1219 SE 18th TerraceMar 2026$288,0002/21,316$219
1222 SE 18th TerraceDec 2025$250,0003/21,352$185
1146 SE 18th StreetJun 2026$244,0003/21,630$150
Average4 comps$270,500$195

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 $49,000 (16.4%) from the original list price.

Sep 12, 2025Sold$250,000
Jun 26, 2025Price reducedfrom $299,000$263,000
Jun 26, 2025Listed$299,000

The good, the trade-offs & the location

Pros
  • Storm protection: Impact Windows/Doors
  • 2-car garage
Consider
  • Built 1985 — pre-2002 construction may carry older wind codes and higher insurance
  • In a higher-risk flood zone (AE) — flood insurance likely required
Location convenienceHigh
Hospital
0.8 mi
Cape Coral Hospital
Beach
11.8 mi
Fort Myers Beach
Airport
5.5 mi
Page Field (Fort Myers)
Shopping
1.9 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.