$359,000
3 Bed Waterfront Home for Sale in Cape Coral
2227 NW 20th Terrace, Cape Coral, FL, 33993
About this home
Move-In Ready New Construction | Waterfront | No Flood Insurance Required (Zone X) Discover this beautifully crafted 3-bedroom + den, 2-bath home positioned along a peaceful freshwater canal in Cape Coral. Newly completed and ready for immediate occupancy, this property offers the advantage of brand-new construction without the wait. The thoughtfully designed layout features high ceilings and an open living space ideal for both everyday comfort and entertaining. The kitchen showcases a striking quartz waterfall island, stainless steel appliances, and sleek modern cabinetry. A flexible den provides the perfect setting for a home office, study, or additional lounge space. Enjoy serene water views from the expansive backyard, with ample space to design your own pool and outdoor retreat. Impact windows and doors throughout enhance security and energy efficiency. A rare opportunity to own a newly built waterfront home combining contemporary style, quality finishes, and peace of mind.
Property details
- Type
- SingleFamilyResidence
- Year built
- 2025
- Interior
- 1,602 sqft
- Lot size
- 10,759.32 sqft
- Acreage
- 0.25 acres
- Garage
- 2 car
- Days on market
- 202
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $5,026/yr
- Flood zone (area est.)
- No · Low risk (X)
- Storm protection
- Impact Windows/Doors
- Exposure
- South
- Waterfront
- Yes
- 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 20 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 |
|---|---|---|---|---|---|
| 2151 NW 24th Avenue | May 2026 | $345,000 | 3/2 | 1,687 | $205 |
| 2304 NW 23rd Avenue | Jul 2026 | $395,000 | 4/3 | 1,732 | $228 |
| 2701 NW 21st Terrace | Sep 2025 | $332,900 | 3/2 | 1,461 | $228 |
| 2023 NW 17th Street | Apr 2026 | $320,000 | 3/2 | 1,553 | $206 |
| 2223 NW 25th Street | Dec 2025 | $330,000 | 4/3 | 1,683 | $196 |
| 1924 NW 17th Street | Mar 2026 | $309,990 | 4/2 | 1,499 | $207 |
| Average | 6 comps | $338,815 | $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 $25,000 (6.5%) from the original list price.
| Jul 21, 2026 | Sold | $360,000 |
| Apr 20, 2026 | Price reducedfrom $369,000 | $359,000 |
| Dec 2, 2025 | Listed | $385,000 |
The good, the trade-offs & the location
- Built 2025 — post-2002 Florida wind codes (typically lower insurance)
- New construction
- Lower flood risk (zone X)
- Waterfront
- 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.