$380,000
3 Bed 2 Bath SingleFamilyResidence for Sale in NOT APPLICABLE, FL
418 NE 31st Terrace, Cape Coral, FL, 33909
About this home
Now It’s the Perfect Time to Buy! This gorgeous new construction on a freshwater canal could be the one! With an open concept floor plan and a sleek modern design, this home has everything you need and more. Here’s what makes it stand out: 3 spacious bedrooms + Den 2 stylish baths 2-car garage Gorgeous Italian tile throughout the home A kitchen that’s chef-approved with quartz countertops, stainless steel appliances, and a French door refrigerator Remote control ceiling fans in every room for your comfort The master suite is a dream! It features his & hers custom-designed closets, a self-standing tub, and a double-entry walk-in shower with multiple showerheads and separate sinks. Plus, the under-truss lanai offers a spacious area for entertaining, and the home is built with hurricane impact windows and doors for peace of mind. It also includes a concrete driveway and auto-sprinkler system—low maintenance, high comfort.
Property details
- Type
- SingleFamilyResidence
- Year built
- 2023
- Interior
- 1,887 sqft
- Lot size
- 12,458.16 sqft
- Acreage
- 0.29 acres
- Garage
- 2 car
- Days on market
- 249
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $5,320/yr
- Flood zone (area est.)
- No · Low risk (X)
- 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
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 4 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.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 3021 NE 6th Avenue | May 2026 | $331,990 | 4/2 | 1,829 | $182 |
| 304 Jacaranda Parkway | Aug 2025 | $380,000 | 4/3 | 1,735 | $219 |
| 710 Jacaranda Parkway | Nov 2025 | $430,000 | 4/3 | 1,886 | $228 |
| 3205 Andalusia Boulevard | May 2026 | $389,000 | 3/2 | 1,793 | $217 |
| Average | 4 comps | $382,748 | $212 |
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 $47,500 (11.4%) from the original list price.
| Mar 6, 2026 | Sold | $367,500 |
| Dec 9, 2025 | Price reducedfrom $398,000 | $380,000 |
| May 23, 2025 | Listed | $415,000 |
The good, the trade-offs & the location
- Built 2023 — post-2002 Florida wind codes (typically lower insurance)
- New construction
- Lower flood risk (zone X)
- Storm protection: Impact Windows/Doors
- 2-car garage
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.