$315,000
3 Bed 2 Bath SingleFamilyResidence for Sale in CAPE CORAL, FL
4322 NW 32nd Terrace, Cape Coral, FL, 33993
About this home
Welcome to 4322 NW 32nd Terrace, a well-maintained, long-term rental property with a successful 10-year history, now ready for its next chapter. Situated on an oversized corner lot in a desirable NW Cape Coral neighborhood, this home offers exceptional space, privacy, and flexibility—with plenty of room to add your dream pool and spa. Elevated 9 feet, this property not only provides peace of mind but also offers the potential to be removed from the flood zone. Additionally, it comes with an assumable flood insurance policy, making it even more appealing for savvy buyers. The open floor plan is bright and inviting, featuring soaring ceilings and tile flooring throughout the main living areas. The spacious kitchen is equipped with stainless steel appliances, ample cabinetry, pantry space, and a convenient peninsula that flows seamlessly into the living and dining areas—perfect for entertaining or everyday living. This thoughtfully designed home includes 3 generous bedrooms, 2 full bathrooms, and a versatile den that can easily function as a home office, playroom, or additional guest space. The interior laundry room comes complete with a washer and dryer, and the home is supported by a brand-new water system installed in 2025. Whether you're looking for a full-time residence, seasonal getaway, or investment property, this home offers solid value, excellent potential, and an ideal location in a fast-growing area of Cape Coral.
Property details
- Type
- SingleFamilyResidence
- Year built
- 2007
- Interior
- 2,081 sqft
- Lot size
- 10,497.96 sqft
- Acreage
- 0.24 acres
- Garage
- 1 car
- Days on market
- 52
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $4,410/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- Shutters
- Exposure
- South
- 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.
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.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 4201 Jacaranda Parkway | Apr 2026 | $390,000 | 4/3 | 2,265 | $172 |
| 4210 NW 34th Terrace | Jan 2026 | $357,000 | 3/2 | 2,044 | $175 |
| 4521 NW 34th Street | Nov 2025 | $362,500 | 3/2 | 1,887 | $192 |
| 3016 NW 46th Place | Aug 2025 | $365,000 | 4/3 | 2,113 | $173 |
| 2830 NW 41st Place | Oct 2025 | $307,000 | 4/2 | 2,027 | $151 |
| 4635 NW 34th Street | Nov 2025 | $290,000 | 4/2 | 2,143 | $135 |
| Average | 6 comps | $345,250 | $166 |
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 $14,000 (4.3%) from the original list price.
| Sep 18, 2025 | Sold | $311,000 |
| Jul 30, 2025 | Price reducedfrom $325,000 | $315,000 |
| Jun 27, 2025 | Listed | $325,000 |
The good, the trade-offs & the location
- Built 2007 — post-2002 Florida wind codes (typically lower insurance)
- Storm protection: Shutters
- 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.