$449,000
3 Bed Pool Home for Sale in Cape Coral
1118 SE 16th Terrace, Cape Coral, FL, 33990
About this home
Waterfront Opportunity with Pool, Gulf Access & Heavy-Duty Boat Lift Located on a 100’+ wide Gulf-access canal, this 3-bedroom, 2-bath waterfront home offers 2,092 square feet under air and exceptional boating amenities. The property features a private dock with an approximately 16,000-lb boat lift, providing quick and easy access to the Gulf—perfect for avid boaters. Enjoy Florida living with a private swimming pool overlooking the wide canal, ideal for relaxing or entertaining. Inside, the home offers a spacious floor plan with generous living areas and abundant natural light. A newer air conditioning system adds comfort and peace of mind. While the home is functional, it offers strong potential for updating, allowing buyers to personalize the interior and add value. With its combination of wide-water views, pool, dock, and Gulf access, this property presents a rare opportunity to create a customized waterfront retreat
Property details
- Type
- SingleFamilyResidence
- Year built
- 2000
- Interior
- 2,015 sqft
- Lot size
- 14,505.48 sqft
- Acreage
- 0.33 acres
- Garage
- 2 car
- Days on market
- 5
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $6,286/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- Shutters
- Exposure
- South
- Waterfront
- Yes
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- Yes
- Spa
- No
- Natural gas
- No
- Water
- Public
- Sewer
- Public Sewer
- 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 |
|---|---|---|---|---|---|
| 1425 SE 21st Terrace | Jul 2026 | $430,000 | 3/2 | 2,136 | $201 |
| 601 SE 15th Terrace | May 2026 | $385,000 | 4/2 | 2,023 | $190 |
| 2004 SE 8th Avenue | Aug 2026 | $410,000 | 3/2 | 2,056 | $199 |
| 1512 SE 6th Avenue | Aug 2026 | $427,500 | 3/2 | 2,054 | $208 |
| 1706 SE 19th Lane | Sep 2025 | $421,500 | 3/2 | 1,838 | $229 |
| 1203 SE 23rd Terrace | Aug 2026 | $400,000 | 3/2 | 1,826 | $219 |
| Average | 6 comps | $412,333 | $208 |
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 $36,000 (8%) from the original list price.
| Feb 26, 2026 | Sold | $413,000 |
| Jan 15, 2026 | Listed | $449,000 |
The good, the trade-offs & the location
- Private pool
- Waterfront
- Storm protection: Shutters
- 2-car garage
- Built 2000 — pre-2002 construction may carry older wind codes and higher insurance
- In a higher-risk flood zone (AE) — flood insurance likely required
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.