$525,000
3 Bed Pool Home for Sale in Cape Coral
1 NW 8th Terrace, Cape Coral, FL, 33993
About this home
Priced to sell fast at $525,000! ($123,000 less than they paid for it and the seller's added the pool cage after they bought the home.) This is an amazing almost new canal front home with fully caged pool and large lanai. This home would make a great vacation rental or even better primary residence. You will want to see this contemporary masterpiece. The home is centrally located with easy access to shopping and schools. The salt water pool is heated with pool cage and picture frame screens to enhance the views of the Hermosa canal. There is so much to love about this home. The huge covered lanai, outdoor kitchen, fully fenced yard with large level area and totally upgraded interior is just the beginning. The great room is a totally open plan with recessed ceilings, wood beams and great views. It's on city water and sewer with all assessments paid at closing. It's not in a flood zone, so no flood insurance required here. There are three large bedrooms plus a great den/office, 3 full baths including a direct access pool bath. There is an amazing primary suite with recessed ceilings, two walk-in closets, a luxurious bath with soaking tub and separate shower, plus a second guest suite with direct access bath. The kitchen is a chef's dream with two tone custom cabinets, quartz counters with oversized waterfall island, upgraded Frigidaire Stainless Steel Gallery appliance package, built-in microwave and separate vent hood, a wonderful pantry and frosted glass accent doors. The laundry is large with cabinets above the laundry area, a laundry sink and built-in storage area with shelves. The home also has hurricane impact windows/doors, 8 ft. interior doors and sliders, and an Impressive 8 ft Frosted Glass Double Door Entry. One of the best things about this home is the central location, just minutes from the Pine Island shopping corridor. It's back yard and covered lanai face north which is great to enjoy the wonderful sunrises and sunsets over the Hermosa Canal. This home checks all the boxes, it's a must see!
Property details
- Type
- SingleFamilyResidence
- Year built
- 2022
- Interior
- 1,909 sqft
- Lot size
- 10,236.6 sqft
- Acreage
- 0.23 acres
- Garage
- 2 car
- Days on market
- 9
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $7,350/yr
- Flood zone (area est.)
- No · Low risk (X)
- Storm protection
- Impact Windows/Doors
- Exposure
- North
- Waterfront
- Yes
- Gulf access
- Yes
- Gulf access type
- Direct — no bridges
- Pool
- Yes
- 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.
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 |
|---|---|---|---|---|---|
| 3 Tropicana Parkway | Dec 2025 | $459,000 | 4/3 | 2,058 | $223 |
| 913 NE Juanita Place | Jun 2026 | $535,000 | 4/3 | 2,009 | $266 |
| 213 Tropicana Parkway | Nov 2025 | $527,000 | 3/3 | 1,867 | $282 |
| 225 NE 8th Terrace | Feb 2026 | $500,000 | 4/2 | 1,800 | $278 |
| 13 NW 5th Terrace | May 2026 | $510,000 | 4/3 | 2,040 | $250 |
| 106 NE 11th Terrace | Jul 2026 | $525,000 | 4/2 | 1,725 | $304 |
| Average | 6 comps | $509,333 | $267 |
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
| Jun 25, 2026 | Sold | $525,000 |
| Jun 1, 2026 | Listed | $525,000 |
The good, the trade-offs & the location
- Built 2022 — post-2002 Florida wind codes (typically lower insurance)
- Lower flood risk (zone X)
- Private pool
- Gulf access (Direct — no bridges)
- 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.