3 Bed SingleFamilyResidence for Sale in Cape Coral
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SoldMLS# 225080430

$269,900

3 Bed SingleFamilyResidence for Sale in Cape Coral

2837 NW 2nd Terrace, Cape Coral, FL, 33993

3 beds2 baths1,684 sqft2 garage
Gated

About this home

Located near the highly anticipated Seven Islands project, this home has an incredible potential for future value and convenience. With easy access to Punta Gorda, shopping, and local amenities, everything you need is within reach. New Barnwood Spill Defense laminate flooring in all bedrooms in 2023. New roof was installed in 2022 which features premium GAF HDZ shingles rated at 130 MPH, ensuring lasting protection from the elements. New well water treatment system installed in 2022, complete with a water softener, sulfur filter, pressure tank, and pressure regulator. The entire exterior of the home was painted with Behr Ultra exterior paint in 2023. The home has been updated with new upgraded lighting, added can lights, dimmer switches, up/down kitchen cabinet lighting, and ceiling fans. The yard has a water sprinkler system. Heating & Cooling • Central electric heating and cooling Appliances • Included: Dryer, Dishwasher, Freezer, Disposal, Ice Maker, Microwave, Range, Refrigerator with ice Maker. • Laundry: Washer and dryer are included. Interior area • Total structure area: 2,116 sq ft • Total interior livable area: 1,684 sq ft Exterior Lot size: 10,018.8 Square Feet rectangular lot Dimensions: 80 x 125 x 80 x 125 Features: Sprinklers Automatic • Sewer: Septic tank • Water: Well • Utilities for property: Cable and high speed internet is available Inside, enjoy brand-new Barnwood laminate flooring, updated lighting and fans, and a complete water-treatment system. A new 2022 roof (GAF HDZ shingles) gives long-term peace of mind. The yard is freshly landscaped for great curb appeal.

Property details

Type
SingleFamilyResidence
Year built
2018
Interior
1,684 sqft
Lot size
10,018.8 sqft
Acreage
0.23 acres
Garage
2 car
Days on market
104
Total association fees
None
CDD
None
Est. taxes (1.4%)
$3,779/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
None listed
Exposure
North
Waterfront
No
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
Well
Sewer
Septic Tank
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.

At marketThis home is priced in line with comparable recent sales.
This home
$160/sqft
Comp median
$167/sqft
Difference
-4%

Based on the $/sqft of 3 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.

AddressSoldSold priceBeds/BathsSq ft$/sqft
2730 NW 6th StreetDec 2025$305,0004/21,830$167
2705 NW 5th TerraceMar 2026$275,0003/21,515$182
2231 NW 5th StreetApr 2026$285,0004/21,828$156
Average3 comps$288,333$168

Market trends, Cape Coral

Median list
$399,000
Median $/sqft
$232
Median sold (90d)
$384,900
Avg days on market
92
Active listings
2,487
Median sold price · Cape Coral
$384,995last 3 months5.5% vs $365,000 prior 3 months
Median closed price by month · Cape Coral
1.3% MoM7.1% YoY
$340k$365k$390kJul ’25Sep ’26
$375,000Sep ’26 · 74 sales

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 $18,000 (6.4%) from the original list price.

Apr 14, 2026Sold$265,000
Feb 27, 2026Price reducedfrom $274,000$269,900
Feb 4, 2026Back on market
Nov 20, 2025Listed$283,000

The good, the trade-offs & the location

Pros
  • Built 2018 — post-2002 Florida wind codes (typically lower insurance)
  • 2-car garage
Consider
  • In a higher-risk flood zone (AE) — flood insurance likely required
Location convenienceHigh
Hospital
5.8 mi
Cape Coral Hospital
Beach
15.1 mi
Fort Myers Beach
Airport
11.6 mi
Page Field (Fort Myers)
Shopping
5.8 mi
Coralwood / Merchants Crossing (Cape)

Straight-line distances to major SWFL amenities, approximate; actual drive times vary.

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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.