3 Bed 2 Bath SingleFamilyResidence for Sale in CAPE CORAL, FL
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SoldMLS# 2026022280

$275,000

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

2245 SW 1st Terrace, Cape Coral, FL, 33991

3 beds2 baths1,556 sqft2 garage
Gated

About this home

Seller is accepting backup offers! Welcome to your slice of paradise in beautiful Cape Coral! Situated on a TRIPLE LOT (.34 acres), this well-maintained 3-bedroom, 2-bath home offers the perfect blend of privacy, space, and Florida lifestyle living — all without the high cost of waterfront ownership. Boating and fishing enthusiasts will love the location! Just 2.1 miles from a Gulf-access boat ramp near Matlacha, you’ll have quick access to some of Southwest Florida’s best fishing and waterfront dining. There’s also a freshwater boat launch just a street over, plus plenty of room on the property to park your boat, trailer, toys, or even add a pool in the future. Inside, the home is bright, inviting, and freshly updated with brand-new interior paint, newer flooring in the living room, hallway, and bedrooms, and stainless steel appliances. The spacious owner’s retreat features TWO walk-in closets and sliding glass doors leading directly to the covered and screened lanai — the perfect place to enjoy your morning coffee or relax in the evenings overlooking the private backyard lined with mature trees. The split floor plan offers excellent functionality, and the guest bathroom conveniently doubles as a future pool bath with direct exterior access. Additional highlights include an indoor laundry room with sink, a 2-car garage, extra flooring being left for the new owner, updated landscaping with fresh plants and mulch, and a generator hookup for added convenience and peace of mind during storm season. Major updates provide peace of mind: • Roof – 2018 • A/C – 2019 • New Well Equipment – 2023 • Brand-New Water Heater 2026. Conveniently located just minutes from Pine Island Road shopping, grocery stores, restaurants, gyms, and only 4.3 miles from the charm, dining, and entertainment of Matlacha. Don’t miss the Zillow 3D tour — this one truly has to be seen to appreciate the space, privacy, and lifestyle it offers!

Property details

Type
SingleFamilyResidence
Year built
2002
Interior
1,556 sqft
Lot size
14,984.64 sqft
Acreage
0.34 acres
Garage
2 car
Days on market
10
Total association fees
None
CDD
None
Est. taxes (1.4%)
$3,850/yr
Flood zone (area est.)
Yes · High risk (AE)
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.

Below marketThis home is priced below comparable recent sales — a potential value.
This home
$177/sqft
Comp median
$197/sqft
Difference
-10%

Based on the $/sqft of 7 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.

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Your notes on this home

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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
2231 NW Embers TerraceMay 2026$295,9003/21,448$204
2614 Embers ParkwayApr 2026$285,0003/21,450$197
418 SW 19th AvenueApr 2026$296,9003/21,431$207
225 NW 20th AvenueOct 2025$289,9003/21,697$171
1731 SW 3rd TerraceOct 2025$305,0004/21,712$178
22 NW 17th PlaceNov 2025$285,0003/21,408$202
Average6 comps$292,950$193

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

Up $7,000 (2.5%) from the original list price.

Jun 26, 2026Sold$282,000
May 17, 2026Listed$275,000

The good, the trade-offs & the location

Pros
  • Built 2002 — post-2002 Florida wind codes (typically lower insurance)
  • 2-car garage
Consider
  • In a higher-risk flood zone (AE) — flood insurance likely required
Location convenienceHigh
Hospital
4.9 mi
Cape Coral Hospital
Beach
14.3 mi
Fort Myers Beach
Airport
10.7 mi
Page Field (Fort Myers)
Shopping
5 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.