3 Bed SingleFamilyResidence for Sale in Cape Coral, FL
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SoldMLS# 2026023507

$319,900

3 Bed SingleFamilyResidence for Sale in Cape Coral, FL

422 NE 20th Terrace, Cape Coral, FL, 33909

3 beds2 baths1,921 sqft2 garage

About this home

2025 construction in the heart of Cape Coral. This thoughtfully designed 4-bedroom, 2-bath, 2-car garage home offers 1,921 square feet of comfortable, well-appointed living space on a split floorplan that delivers both privacy and comfort. Step through the foyer into an open-concept kitchen, dining, and living area featuring soaring 9'4" ceilings, luxury vinyl plank flooring throughout, granite countertops, and stainless steel appliances. The owner's suite is a true retreat, complete with two walk-in closets and a spa-style en-suite bath featuring dual vanities and a fully tiled walk-in shower. Three additional bedrooms are generously sized and share a beautifully finished guest bath, making this layout ideal for families, guests, or a home office setup. Designed with Florida living in mind, the rear sliders open onto an oversized covered lanai under truss — perfect for entertaining, morning coffee, or unwinding at the end of the day. Cape Coral places you within easy reach of world-class Gulf beaches, championship golf courses, top-rated restaurants, boutique shopping, and endless boating and fishing opportunities. Sports fans will appreciate nearby Minor League and Spring Training baseball. The builder is including a 2-10 extended home warranty at no additional cost, offering true peace of mind.

Property details

Type
SingleFamilyResidence
Year built
2025
Interior
1,921 sqft
Lot size
10,018.8 sqft
Acreage
0.23 acres
Garage
2 car
Days on market
27
Total association fees
None
CDD
None
Est. taxes (1.4%)
$4,479/yr
Flood zone (area est.)
No · Low risk (X)
Storm protection
None listed
Exposure
East
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
Call, Conditional
County
Lee

Maintenance included in the fee

Other

What the association dues cover, per the MLS. Confirm the full schedule with the HOA.

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.

At marketThis home is priced in line with comparable recent sales.
This home
$167/sqft
Comp median
$177/sqft
Difference
-6%

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
2020 NE 5th PlaceMar 2026$336,6304/21,828$184
2201 NE 5th PlaceMar 2026$330,0004/21,828$181
2220 NE 5th AvenueJul 2026$300,0003/21,747$172
710 NE 20th StreetMay 2026$330,0004/21,998$165
211 NE 20th StreetJul 2026$290,0003/21,747$166
322 NE 17th StreetApr 2026$328,7004/21,829$180
Average6 comps$319,222$175

Market trends — Cape Coral

Median list
$400,000
Median $/sqft
$235
Median sold (90d)
$385,000
Avg days on market
94
Active listings
2,497
Median sold price · Cape Coral
$385,000last 3 months7.2% vs $359,000 prior 3 months
Median closed price by month · Cape Coral
2.6% MoM11.3% YoY
$340k$368k$395kJul ’25Jul ’26
$395,000Jul ’26 · 434 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 $900 (0.3%) from the original list price.

Jul 24, 2026Sold$319,000
May 26, 2026Listed$319,900

The good, the trade-offs & the location

Pros
  • Built 2025 — post-2002 Florida wind codes (typically lower insurance)
  • Lower flood risk (zone X)
  • 2-car garage
Location convenienceHigh
Hospital
4.1 mi
Cape Coral Hospital
Beach
16.5 mi
Fort Myers Beach
Airport
9.5 mi
Page Field (Fort Myers)
Shopping
3.1 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.