3 Bed SingleFamilyResidence for Sale in Cape Coral
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SoldMLS# 2026026576

$255,000

3 Bed SingleFamilyResidence for Sale in Cape Coral

139 SE 3rd Terrace, Cape Coral, FL, 33990

3 beds2 baths1,361 sqft2 garage
BoatingPlayground

About this home

Some homes simply feel right the moment you walk in—and 139 SE 3rd Ter is one of them. Bright and welcoming, this carefully updated 3-bedroom, 2-bath NO FLOOD ZONE home offers the kind of easy Southwest Florida lifestyle buyers are looking for. Step inside to an open great-room with vaulted ceilings, abundant natural light, and large sliding glass doors that lead straight out to the spacious screened lanai and private backyard. The kitchen has been thoughtfully updated with new 42-inch cabinetry, hidden drawers, under-cabinet lighting, and newer appliances, creating a clean and functional space that connects easily with the main living area. Both bathrooms have been renovated, including a custom 36-inch vanity in the primary bath, adding comfort and everyday convenience. Behind the scenes, the home has undergone a full re-pipe, newer hot water tank, expansion tank, LED lighting, new ceiling fans, porcelain tile updates, custom laundry cabinetry, vinyl fencing, irrigation improvements, and more. Outside, the oversized screened lanai gives you the perfect place to relax, entertain, or enjoy quiet Florida evenings overlooking your backyard. Centrally located near shopping, dining, parks, and mere minutes to one of the area’s premier pickleball destinations. This home brings together location, updates, and the SWFL lifestyle all in one place.

Property details

Type
SingleFamilyResidence
Year built
1996
Interior
1,361 sqft
Lot size
10,149.48 sqft
Acreage
0.23 acres
Garage
2 car
Days on market
4
Total association fees
None
CDD
None
Est. taxes (1.4%)
$3,570/yr
Flood zone (area est.)
No · Low risk (X)
Storm protection
Shutters
Exposure
Northwest
Waterfront
No
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
Assessment Paid
Sewer
Assessment Paid
New construction
No
Pets
Yes
County
Lee

Amenities

BoatDockBoatRampPierPlaygroundPark

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
$187/sqft
Comp median
$219/sqft
Difference
-15%

Based on the $/sqft of 4 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
258 SE 1st AvenueFeb 2026$285,0003/21,294$220
227 SE 2nd TerraceAug 2026$265,0003/21,210$219
625 SE 1st PlaceJan 2026$262,5003/21,204$218
232 SE Van Loon TerraceAug 2026$265,0003/21,236$214
Average4 comps$269,375$218

Market trends, Cape Coral

Median list
$399,000
Median $/sqft
$232
Median sold (90d)
$384,900
Avg days on market
92
Active listings
2,487
Median sold price · Cape Coral
$384,999last 3 months6.9% vs $360,000 prior 3 months
Median closed price by month · Cape Coral
1.3% MoM7.1% YoY
$340k$365k$390kJul ’25Sep ’26
$375,000Sep ’26 · 74 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

Jul 15, 2026Sold$255,000
Jun 16, 2026Listed$255,000

The good, the trade-offs & the location

Pros
  • Lower flood risk (zone X)
  • Storm protection: Shutters
  • 2-car garage
Consider
  • Built 1996 — pre-2002 construction may carry older wind codes and higher insurance
Location convenienceHigh
Hospital
1.9 mi
Cape Coral Hospital
Beach
13.4 mi
Fort Myers Beach
Airport
7.8 mi
Page Field (Fort Myers)
Shopping
2 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.