$385,000
3 Bed Pool Home for Sale in Cape Coral
242 SW 46th Terrace, Cape Coral, FL, 33914
About this home
Welcome to your Southern exposure 3 bedroom, 2 bath pool home in the highly desired Southwest Cape Coral area, offering plank tile flooring throughout, granite kitchen counters, stainless steel appliances, and split bedrooms with walk-in closets. Updated bathrooms provide direct access to the screened lanai, where you'll enjoy plenty of room under truss for outdoor living. The solar-heated saltwater pool has been recently renovated with a full resurfacing, decorative accent tile, and new lanai pavers. Lush tropical landscaping along the back of the home provides privacy and a serene backdrop. Additional updates include a new A/C, tile roof, owned solar panels, and hurricane-impact garage door. Ideally located near top dining, shopping, and waterfront entertainment, this move-in ready home blends comfort, style, and the Florida lifestyle in one of Cape Coral’s most sought-after neighborhoods.
Property details
- Type
- SingleFamilyResidence
- Year built
- 1987
- Interior
- 1,659 sqft
- Lot size
- 10,018.8 sqft
- Acreage
- 0.23 acres
- Garage
- 2 car
- Days on market
- 23
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $5,390/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- None listed
- Exposure
- South
- Waterfront
- No
- Gulf access
- No
- Gulf access type
- N/A
- 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 10 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 |
|---|---|---|---|---|---|
| 227 SW 48th Terrace | Dec 2025 | $405,000 | 3/2 | 1,670 | $243 |
| 245 SW 44th Terrace | Jul 2026 | $380,000 | 4/2 | 1,818 | $209 |
| 233 SW 42nd Terrace | Jul 2026 | $390,000 | 3/2 | 1,721 | $227 |
| 4305 SW 1st Avenue | May 2026 | $380,000 | 3/2 | 1,745 | $218 |
| 5213 SW 2nd Place | Sep 2025 | $440,000 | 3/2 | 1,858 | $237 |
| 4945 Sorrento Court | Jul 2026 | $385,000 | 3/2 | 1,601 | $240 |
| Average | 6 comps | $396,667 | $229 |
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
Down $20,000 (5.2%) from the original list price.
| Jan 27, 2026 | Sold | $365,000 |
| Nov 20, 2025 | Listed | $385,000 |
The good, the trade-offs & the location
- Private pool
- 2-car garage
- Built 1987 — pre-2002 construction may carry older wind codes and higher insurance
- In a higher-risk flood zone (AE) — flood insurance likely required
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.