3 Bed 2 Bath SingleFamilyResidence for Sale in CAPE CORAL, FL
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SoldMLS# 226004960

$305,000

3 Bed 2 Bath SingleFamilyResidence for Sale in CAPE CORAL, FL

306 SE 18th Terrace, Cape Coral, FL, 33990

3 beds2 baths1,229 sqft2 garage
Gated

About this home

Beautifully renovated central Cape Coral home! Major upgrades include NEW AC system with all NEW duct work, NEW water heater, NEW roof (2022), NEW appliances. The custom kitchen is a true centerpiece, featuring a spacious oversized island perfect for cooking, entertaining and gathering with family and friends. The front of the home is enhanced with brand-NEW impact windows adding both style and storm protection. Additionally, ALL assessments paid, central water and sewer, and placement in a high and dry X flood zone, meaning NO FLOOD insurance required! This home features an oversized backyard adorned with a mature poinciana tree providing shade and perfect for cooling off in the summer, it is also fenced in on two sides! Ideally located in the heart of Cape Coral, just off Veterans Pkwy and Santa Barbara Blvd, with convenient access to Publix Target, gas stations, dining and excellent schools. This beautifully move-in ready home combines location, upgrades and long term value- an exceptional opportunity you don't want to miss!

Property details

Type
SingleFamilyResidence
Year built
1988
Interior
1,229 sqft
Lot size
10,018.8 sqft
Acreage
0.23 acres
Garage
2 car
Days on market
38
Total association fees
None
CDD
None
Est. taxes (1.4%)
$4,270/yr
Flood zone (area est.)
No · Low risk (X)
Storm protection
Impact Windows/Doors
Exposure
South
Waterfront
No
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

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.

Above marketThis home is priced above comparable recent sales.
This home
$248/sqft
Comp median
$223/sqft
Difference
+11%

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
162 SE 18th TerraceApr 2026$295,9753/21,279$231
306 SE 21st StreetOct 2025$265,0003/21,219$217
167 SE 21st TerraceApr 2026$269,9003/21,208$223
Average3 comps$276,958$224

Market trends — Cape Coral

Median list
$399,999
Median $/sqft
$234
Median sold (90d)
$384,900
Avg days on market
93
Active listings
2,525
Median sold price · Cape Coral
$382,000last 3 months7% vs $356,900 prior 3 months
Median closed price by month · Cape Coral
2.6% MoM11.3% YoY
$340k$368k$395kJul ’25Jul ’26
$395,000Jul ’26 · 314 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 $34,000 (10.3%) from the original list price.

Apr 10, 2026Sold$295,000
Mar 1, 2026Price reducedfrom $317,000$305,000
Jan 30, 2026Listed$329,000

The good, the trade-offs & the location

Pros
  • Lower flood risk (zone X)
  • Storm protection: Impact Windows/Doors
  • 2-car garage
Consider
  • Built 1988 — pre-2002 construction may carry older wind codes and higher insurance
Location convenienceHigh
Hospital
1.8 mi
Cape Coral Hospital
Beach
11.5 mi
Fort Myers Beach
Airport
6.8 mi
Page Field (Fort Myers)
Shopping
2.8 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.