3 Bed SingleFamilyResidence for Sale in Cape Coral
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SoldMLS# 2026025795

$269,999

3 Bed SingleFamilyResidence for Sale in Cape Coral

227 SE 2nd Terrace, Cape Coral, FL, 33990

3 beds2 baths1,210 sqft2 garage
Gated

About this home

Welcome to this charming 3-bedroom, 2 bath home located in the heart of Cape Coral. Situated on an oversized lot, this well-maintained property offers a functional split-bedroom floor plan, an updated kitchen, indoor laundry, and a screened lanai perfect for enjoying the Florida lifestyle. The fenced backyard provides plenty of space for pets, entertaining, or future outdoor enhancements. Ideally located near Sun Splash Family Waterpark, this home offers easy access to one of Cape Coral's favorite attractions for family fun recreation. Outdoor enthusiasts will also appreciate the proximity to local parks featuring boat ramps, fishing piers, and waterfront access, making it easy to enjoy boating, fishing, kayaking, and all that Southwest Florida has to offer. Conveniently located near shopping, dining, schools, and major roadways, this property combines comfort, convenience, and an active Florida lifestyle. Enjoy the best of Cape Coral living with family-friendly attractions, boating, fishing, and everyday conveniences just minutes from your doorstep.

Property details

Type
SingleFamilyResidence
Year built
2001
Interior
1,210 sqft
Lot size
10,018.8 sqft
Acreage
0.23 acres
Garage
2 car
Days on market
44
Total association fees
None
CDD
None
Est. taxes (1.4%)
$3,780/yr
Flood zone (area est.)
No · Low risk (X)
Storm protection
None listed
Exposure
North
Waterfront
No
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
Assessment Paid
Sewer
Public Sewer
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
$223/sqft
Comp median
$203/sqft
Difference
+10%

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
139 SE 3rd TerraceJul 2026$255,0003/21,361$187
219 NE 7th PlaceAug 2026$280,0003/21,279$219
479 NE 2nd PlaceFeb 2026$274,0003/21,352$203
Average3 comps$269,667$203

Market trends, Cape Coral

Median list
$399,000
Median $/sqft
$233
Median sold (90d)
$385,000
Avg days on market
92
Active listings
2,485
Median sold price · Cape Coral
$384,999last 3 months6.9% vs $360,000 prior 3 months
Median closed price by month · Cape Coral
2.6% MoM5.7% YoY
$340k$365k$390kJul ’25Sep ’26
$369,990Sep ’26 · 55 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 $4,999 (1.9%) from the original list price.

Aug 26, 2026Sold$265,000
Jun 12, 2026Listed$269,999

The good, the trade-offs & the location

Pros
  • Lower flood risk (zone X)
  • 2-car garage
Consider
  • Built 2001 — pre-2002 construction may carry older wind codes and higher insurance
Location convenienceHigh
Hospital
1.8 mi
Cape Coral Hospital
Beach
13.5 mi
Fort Myers Beach
Airport
7.8 mi
Page Field (Fort Myers)
Shopping
1.8 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.