$199,000
3 Bed 2 Bath SingleFamilyResidence for Sale in CAPE CORAL, FL
2017 NE 24th Terrace, Cape Coral, FL, 33909
About this home
Investor opportunity in Cape Coral, Florida! This 3 bedroom, 2 bathroom CBS home was built in 1999 and offers 1,265 square feet under air with a desirable split floorplan. The property is situated on an oversized corner lot in Flood Zone X (no flood insurance required for financing), providing added peace of mind and flexibility for future improvements. Major systems have already been updated, with the roof and air-conditioning system replaced in 2018. Located in the growing City of Cape Coral, this home offers convenient access to shopping, dining, schools, medical facilities, and major roadways, while still enjoying the laid-back Florida lifestyle. Cape Coral is known for its extensive canal system, boating and fishing opportunities, and continued residential and commercial growth, making it a popular destination for both full-time residents and investors. The home is on well and septic, helping to keep utility costs lower. Interior updates are needed, including new flooring. Seller has already purchased new tile for the garage, which is included in the sale but has not yet been installed. Priced at only $199,000, this property presents an excellent opportunity for renovation, resale, or long-term investment in one of Southwest Florida’s most active real estate markets.
Property details
- Type
- SingleFamilyResidence
- Year built
- 1999
- Interior
- 1,265 sqft
- Lot size
- 12,719.52 sqft
- Acreage
- 0.29 acres
- Garage
- 1 car
- Days on market
- 8
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $2,786/yr
- Flood zone (area est.)
- No · Low risk (X)
- 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.
Based on the $/sqft of 8 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 |
|---|---|---|---|---|---|
| 2010 NE 24th Terrace | Jun 2026 | $215,000 | 3/2 | 1,116 | $193 |
| 1860 Concordia Lake Circle 607 | Sep 2025 | $215,000 | 2/2 | 1,356 | $159 |
| 1812 Concordia Lake Circle 1905 | Jan 2026 | $210,000 | 2/2 | 1,190 | $176 |
| 1807 Concordia Lake Circle 2105 | Oct 2025 | $185,000 | 2/2 | 1,190 | $155 |
| 2426 NE 23rd Avenue | Jul 2026 | $205,000 | 3/2 | 1,187 | $173 |
| 1800 Concordia Lake Circle 2309 | Dec 2025 | $177,500 | 2/2 | 1,190 | $149 |
| Average | 6 comps | $201,250 | $168 |
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 $19,000 (9.5%) from the original list price.
| Jan 16, 2026 | Sold | $180,000 |
| Dec 18, 2025 | Listed | $199,000 |
The good, the trade-offs & the location
- Lower flood risk (zone X)
- Built 1999 — 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.
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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.