$399,000
3 Bed 2 Bath Pool Waterfront SingleFamilyResidence for Sale in CAPE CORAL, FL
402 SE 15th Terrace, Cape Coral, FL, 33990
About this home
NO FLOOD ZONE, UTILITIES IN AND PAID IN FULL. Southern rear exposure pool/spa home on freshwater canal with city water and sewer in and paid in full. This great room designed home has a huge 8' tall, 4 panel pocketing sliding glass door that completely disappears and effectively doubles the size of your living room for the indoor/outdoor experience. The under-truss lanai overlooks the large pool and spa area, making this the perfect place to enjoy the Florida weather. The Southern rear exposure means your pool is always sparking in the sun which is the best way to have a pool. The Large Primary Suite has walk in closets, dual vanities, and walk in shower. Home is a split bedroom layout, meaning Primary and Guest bedrooms are on opposite sides of the home for privacy. Oversized garage has additional room for storage. Outside you have automatic irrigation system, established lawn, and mature tropical landscaping. Centrally located off of Santa Barbara, between Veteran's and Pine Island Road, this home is convenient to both bridges, shopping, dining and entertainment.
Property details
- Type
- SingleFamilyResidence
- Year built
- 2003
- Interior
- 2,252 sqft
- Lot size
- 10,018.8 sqft
- Acreage
- 0.23 acres
- Garage
- 2 car
- Days on market
- 42
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $5,586/yr
- Flood zone (area est.)
- No · Low risk (X)
- Storm protection
- None listed
- Exposure
- South
- Waterfront
- Yes
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- Yes
- Spa
- Yes
- 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 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 |
|---|---|---|---|---|---|
| 411 SE 17th Street | Jul 2026 | $425,000 | 4/2 | 2,344 | $181 |
| 1512 SE 2nd Place | Nov 2025 | $345,000 | 3/2 | 2,126 | $162 |
| 423 SE 17th Terrace | Jun 2026 | $352,500 | 3/2 | 2,405 | $147 |
| 317 SE 13th Terrace | Mar 2026 | $439,900 | 4/2 | 2,338 | $188 |
| Average | 4 comps | $390,600 | $170 |
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 $54,000 (12.9%) from the original list price.
| Mar 6, 2026 | Sold | $365,000 |
| Dec 24, 2025 | Back on market | |
| Dec 12, 2025 | Price reducedfrom $419,000 | $399,000 |
| Nov 6, 2025 | Listed | $419,000 |
The good, the trade-offs & the location
- Built 2003 — post-2002 Florida wind codes (typically lower insurance)
- Lower flood risk (zone X)
- Private pool
- Waterfront
- 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.