$357,000
3 Bed SingleFamilyResidence for Sale in Cape Coral
2848 NW 3rd Terrace, Cape Coral, FL, 33993
About this home
Incredible deal! Exceptionally beautiful new construction custom home offering 3 private bedrooms, 2.5 bathrooms, and a 2-car garage. You will love the raised ceilings and the open and inviting living areas (kitchen/dining/living). The captivating kitchen features stunning contemporary lighting that extends into the dining area, stainless steel appliances, and an island with a convenient breakfast bar. The spacious master suite offers the perfect retreat after a long day, with lots of natural lighting and a spa-like bathroom where you can unwind and rejuvenate. Glass shower doors not shown in photos) In-home laundry room with hookups. Across from a beautiful water way with no homes to block the view. Step outside through the patio doors and discover your own private paradise and a bathroom ready for your future pool. Don’t skip this one. Go check it out and thank me later.
Property details
- Type
- SingleFamilyResidence
- Year built
- 2024
- Interior
- 1,822 sqft
- Lot size
- 10,018.8 sqft
- Acreage
- 0.23 acres
- Garage
- 2 car
- Days on market
- 445
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $4,998/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- Impact Windows/Doors
- Exposure
- South
- Waterfront
- No
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- No
- Spa
- No
- Natural gas
- No
- Water
- Well
- Sewer
- Septic Tank
- New construction
- Yes
- Pets
- Yes
- County
- Lee
Maintenance included in the fee
What the association dues cover, per the MLS. Confirm the full schedule with the HOA.
Amenities
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 6 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.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 2856 NW 3rd Terrace | Oct 2025 | $399,900 | 4/2 | 1,735 | $230 |
| 2817 NW 2nd Street | Jun 2026 | $335,000 | 3/2 | 1,760 | $190 |
| 2745 NW 4th Terrace | Jun 2026 | $366,100 | 3/2 | 2,010 | $182 |
| 2726 NW 5th Terrace | Nov 2025 | $350,000 | 3/2 | 1,638 | $214 |
| 2730 NW 6th Street | Dec 2025 | $305,000 | 4/2 | 1,830 | $167 |
| 2629 NW Embers Terrace | Oct 2025 | $350,000 | 3/2 | 1,638 | $214 |
| Average | 6 comps | $351,000 | $200 |
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 $82,000 (19.1%) from the original list price.
| May 27, 2026 | Sold | $347,000 |
| Apr 16, 2026 | Price reducedfrom $362,000 | $357,000 |
| May 28, 2025 | Back on market | |
| Dec 27, 2024 | Listed | $429,000 |
The good, the trade-offs & the location
- Built 2024 — post-2002 Florida wind codes (typically lower insurance)
- New construction
- Storm protection: Impact Windows/Doors
- 2-car garage
- In a higher-risk flood zone (AE) — flood insurance likely required
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.