3 Bed Waterfront Home for Sale in Cape Coral
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SoldMLS# 225005045

$314,900

3 Bed Waterfront Home for Sale in Cape Coral

223 NW 8th Terrace, Cape Coral, FL, 33993

3 beds2 baths1,505 sqft2 garage
GatedBoatingWaterfront

About this home

Brand new single family home on fresh water canal with all city utilities. 3/2 with 2 car garage 1505sq.ft. living area. House upgrades includes: stainless steel appliances, granite counter top in the kitchen, white shaker cabinets, backsplash, tile through out house and lanai, vaulted ceilings.

Property details

Type
SingleFamilyResidence
Year built
2024
Interior
1,505 sqft
Lot size
10,018.8 sqft
Acreage
0.23 acres
Garage
2 car
Days on market
252
Total association fees
None
CDD
None
Est. taxes (1.4%)
$4,409/yr
Flood zone (area est.)
No · Low risk (X)
Storm protection
Shutters
Exposure
South
Waterfront
Yes
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
Assessment Unpaid
Sewer
Assessment Unpaid
New construction
Yes
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.

At marketThis home is priced in line with comparable recent sales.
This home
$209/sqft
Comp median
$220/sqft
Difference
-5%

Based on the $/sqft of 7 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.

AddressSoldSold priceBeds/BathsSq ft$/sqft
800 NW 3rd AvenueJun 2026$334,9993/21,368$245
18 Tropicana ParkwayAug 2026$320,0003/21,457$220
212 NW 6th TerraceMay 2026$270,0003/21,672$161
121 NW 11th StreetFeb 2026$307,0003/21,469$209
1008 NE Juanita PlaceAug 2026$347,9903/21,550$225
621 NE Juanita PlaceApr 2026$350,0003/21,400$250
Average6 comps$321,665$218

Market trends, Cape Coral

Median list
$399,000
Median $/sqft
$233
Median sold (90d)
$384,999
Avg days on market
92
Active listings
2,482
Median sold price · Cape Coral
$384,999last 3 months6.9% vs $360,000 prior 3 months
Median closed price by month · Cape Coral
2.6% MoM5.7% YoY
$340k$365k$390kJul ’25Sep ’26
$369,990Sep ’26 · 55 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 $37,400 (11%) from the original list price.

Oct 2, 2025Sold$302,500
Aug 14, 2025Price reducedfrom $319,900$314,900
Jan 13, 2025Listed$339,900

The good, the trade-offs & the location

Pros
  • Built 2024 — post-2002 Florida wind codes (typically lower insurance)
  • New construction
  • Lower flood risk (zone X)
  • Waterfront
  • Storm protection: Shutters
  • 2-car garage
Location convenienceHigh
Hospital
3.2 mi
Cape Coral Hospital
Beach
15 mi
Fort Myers Beach
Airport
9.1 mi
Page Field (Fort Myers)
Shopping
2.7 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.