$339,000
3 Bed 2 Bath Waterfront SingleFamilyResidence for Sale in CAPE CORAL, FL
2207 NE 1st Terrace, Cape Coral, FL, 33909
About this home
WATERFRONT HOME - 3 bed 2 bath on fresh water canal, 1695 sq ft home with a Bonus room, 2100 sq ft Total. Includes a huge Family room with wrap around windows and water views, perfect for entertaining. Master bath has huge his/hers double shower, and double sink. MUST SEE, A/C replaced in May 2022, Roof and Gutters replaced May 2023. This home places you at the heart of everything SWFL has to offer. ALL Assessments paid. Home is located on Donna Canal in your backyard; comes with a seawall and a concrete dock and extended wood composite dock installed in 2020 giving you access to several lakes Seminole lake being the largest, Cherokee lake, Mohican lake, Apache lake are all available from your backyard canal for your boating enjoyment!! Outdoor tennis courts walking distance. Outdoor views of the Baseball fields and park from the front window. US 41 Cleveland Avenue Bridge has no tolls to go home from downtown Fort Myers only a 10 minute drive away to enjoy all the Downtown events.
Property details
- Type
- SingleFamilyResidence
- Year built
- 1986
- Interior
- 2,100 sqft
- Lot size
- 10,018.8 sqft
- Acreage
- 0.23 acres
- Garage
- 1 car
- Days on market
- 104
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $4,746/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
- No
- Spa
- No
- Natural gas
- No
- Water
- Assessment Paid
- Sewer
- Assessment Paid
- New construction
- No
- Pets
- Yes
- County
- Lee
Maintenance included in the fee
What the association dues cover, per the MLS. Confirm the full schedule with the HOA.
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 3 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.
Seeing several homes? Build a tour and we'll route it for you.
Your notes on this home
Keep private notes on this home — what you love, what to ask about — saved to your account and shared with your agent.
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 |
|---|---|---|---|---|---|
| 13 SE 20th Place | Jul 2026 | $350,000 | 3/2 | 2,079 | $168 |
| 2223 NE 5th Street | Nov 2025 | $300,000 | 3/2 | 1,931 | $155 |
| 1818 NE 2nd Street | Jun 2026 | $380,000 | 4/2 | 2,010 | $189 |
| Average | 3 comps | $343,333 | $171 |
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 $10,000 (2.9%) from the original list price.
| Mar 24, 2026 | Sold | $339,000 |
| Feb 18, 2026 | Price reducedfrom $349,000 | $339,000 |
| Nov 19, 2025 | Listed | $349,000 |
The good, the trade-offs & the location
- Lower flood risk (zone X)
- Waterfront
- Built 1986 — pre-2002 construction may carry older wind codes and higher insurance
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.
Similar homes nearby
$294,500
MLS# 20260156203000 Oasis Grand Boulevard 701, Fort Myers, FL, 33916
$299,900
MLS# 20260147183409 Dandolo Circle, Cape Coral, FL, 33909
$335,990
MLS# 20260081142548 Caslotti Way, Cape Coral, FL, 33909
$399,750
MLS# 2260071003576 Valle Santa Circle, Cape Coral, FL, 33909
$375,000
MLS# 20260303032513 Keystone Lake Drive, Cape Coral, FL, 33909
$299,000
MLS# 20260312203477 Acapulco Circle, Cape Coral, FL, 33909
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.