$410,000
3 Bed Waterfront Home for Sale in Cape Coral
121 NE 8th Terrace, Cape Coral, FL, 33909
About this home
Welcome to this bright, modern Florida living on a 0.23-acre canal-front lot in desirable Northeast Cape Coral. This brand-new, never-lived-in home pairs everyday comfort with a finish package that holds its own against far higher price points — and it's ready for you to move in today. Step inside to soaring 10-foot ceilings, 8-foot doors, and large-format porcelain tile flowing front to back. The Great Room floor plan opens to a designer kitchen anchored by a quartz center island, custom wood cabinetry, walk-in pantry, and full stainless steel appliance suite. Three bedrooms plus a dedicated den/office with French doors offer flexible space for family, guests, or working from home — with a true split layout giving the primary suite real privacy. The spa-inspired primary bath features dual sinks, a frameless glass walk-in shower, and floor-to-ceiling tile. Outside, a large screened lanai with tile flooring and an outdoor sink overlooks the 50-foot canal — peaceful water views from your morning coffee to evening sunsets. The 0.23-acre lot has room for the pool of your dreams, and is finished with auto irrigation, a paver driveway, and lush landscaping. Built on concrete block with poured concrete reinforcement and impact-resistant windows AND doors for true storm protection and lower insurance costs. Two-car attached garage with epoxy floor, energy-efficient mechanicals, and NO HOA, no approval process, no monthly fees. Minutes from shopping, dining, top-rated schools, and Cape Coral's parks and waterways.
Property details
- Type
- SingleFamilyResidence
- Year built
- 2026
- Interior
- 1,904 sqft
- Lot size
- 10,018.8 sqft
- Acreage
- 0.23 acres
- Garage
- 2 car
- Days on market
- 37
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $5,740/yr
- Flood zone (area est.)
- No · Low risk (X)
- Storm protection
- Impact Windows/Doors
- Exposure
- North
- Waterfront
- Yes
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- No
- Spa
- No
- Natural gas
- No
- Water
- Assessment Unpaid
- Sewer
- Assessment Unpaid
- New construction
- Yes
- Pets
- Yes
- County
- Lee
Amenities
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 9 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 |
|---|---|---|---|---|---|
| 208 NE 9th Street | Apr 2026 | $425,000 | 3/2 | 1,974 | $215 |
| 3 Tropicana Parkway | Dec 2025 | $459,000 | 4/3 | 2,058 | $223 |
| 6 NW 9th Street | Aug 2026 | $420,000 | 4/2 | 1,750 | $240 |
| 1030 NE 2nd Avenue | Aug 2026 | $435,000 | 3/3 | 1,734 | $251 |
| 122 NE 11th Terrace | Jul 2026 | $460,000 | 4/2 | 1,832 | $251 |
| 9 NE 5th Terrace | Jan 2026 | $420,000 | 4/2 | 1,800 | $233 |
| Average | 6 comps | $436,500 | $236 |
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
| Jul 7, 2026 | Sold | $410,000 |
| May 5, 2026 | Listed | $410,000 |
The good, the trade-offs & the location
- Built 2026 — 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.