3 Bed SingleFamilyResidence for Sale in Cape Coral
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SoldMLS# 2026026409

$335,000

3 Bed SingleFamilyResidence for Sale in Cape Coral

627 NW 2nd Terrace, Cape Coral, FL, 33993

3 beds2 baths1,656 sqft2 garage
Gated

About this home

PRICE IMPROVEMENT! Don't miss this opportunity to own this beautiful home at a newly reduced price. Featuring a desirable layout, spacious living areas, and a fantastic location, this property offers exceptional value. Whether you're looking for a primary residence, seasonal retreat, or investment opportunity, now is the perfect time to schedule your showing. Motivated seller—bring your offers! Newer Construction Home 2023 | 3BR/2BA | NW Cape Coral | Move-In Ready New construction home built in 2023 located in highly desirable NW Cape Coral. This modern single-family residence features 3 bedrooms, 2 bathrooms, and approximately 1,650 sq ft of living space with an open-concept floor plan and contemporary finishes. Situated in a growing residential neighborhood surrounded by similar newer homes, this property offers a clean, modern living environment with convenient access to schools, shopping, dining, and major roadways. Move-in ready and ideal for buyers seeking newer construction in one of Cape Coral’s fastest-growing areas. Perfect for primary residence or investment opportunity

Property details

Type
SingleFamilyResidence
Year built
2023
Interior
1,656 sqft
Lot size
10,018.8 sqft
Acreage
0.23 acres
Garage
2 car
Days on market
41
Total association fees
None
CDD
None
Est. taxes (1.4%)
$4,690/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 Unpaid
Sewer
Assessment Unpaid
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.

At marketThis home is priced in line with comparable recent sales.
This home
$202/sqft
Comp median
$194/sqft
Difference
+4%

Based on the $/sqft of 11 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
616 NW 1st LaneAug 2026$352,0004/21,812$194
703 NW 1st TerraceApr 2026$369,9004/21,696$218
522 NW 1st LaneJul 2026$365,0004/31,826$200
331 NW 7th PlaceFeb 2026$325,0004/21,809$180
814 NW 1st TerraceJul 2026$350,0004/21,828$191
505 NW 3RD TerraceJan 2026$350,0004/21,828$191
Average6 comps$351,983$196

Market trends, Cape Coral Mobile Home Estates

Median list
$402,800
Median $/sqft
$229
Median sold (90d)
$420,000
Avg days on market
95
Active listings
41
Median sold price · Cape Coral Mobile Home Estates
$420,000last 3 months11.7% vs $376,000 prior 3 months

Live community medians from the MLS · see all listings. Indicative, not an appraisal.

Price & status history

Down $25,000 (6.8%) from the original list price.

Aug 14, 2026Sold$345,000
Jul 17, 2026Price reducedfrom $350,000$335,000
Jun 17, 2026Listed$370,000

The good, the trade-offs & the location

Pros
  • Built 2023 — post-2002 Florida wind codes (typically lower insurance)
  • Lower flood risk (zone X)
  • 2-car garage
Location convenienceHigh
Hospital
3.1 mi
Cape Coral Hospital
Beach
14.3 mi
Fort Myers Beach
Airport
9.1 mi
Page Field (Fort Myers)
Shopping
3 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.