$375,000
3 Bed 2 Bath Pool Waterfront SingleFamilyResidence for Sale in CAPE CORAL, FL
2216 SE 15th Terrace, Cape Coral, FL, 33990
About this home
Great flip opportunity, FHA repair loan property (203 K loan) or investment property. There's work needed on this property, but plenty of equity once the work is completed. Great boating location. No bridges to cross for sailboats. Very nice floorplan. Priced great. Freshly painted interior. Only 2 blocks from Rosen Park and 4 blocks from the Caloosahatchee River.
Property details
- Type
- SingleFamilyResidence
- Year built
- 1982
- Interior
- 1,634 sqft
- Lot size
- 9,975.24 sqft
- Acreage
- 0.23 acres
- Garage
- 2 car
- Days on market
- 2
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $5,250/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- None listed
- Exposure
- South
- Waterfront
- Yes
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- Yes
- Spa
- No
- Natural gas
- No
- Water
- Public
- Sewer
- Assessment Unpaid
- New construction
- No
- Pets
- Yes
- County
- Lee
Amenities
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 6 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 |
|---|---|---|---|---|---|
| 2006 SE 12th Street | Oct 2025 | $330,000 | 3/2 | 1,564 | $211 |
| 2131 SE 10th Terrace | Sep 2025 | $375,000 | 3/2 | 1,623 | $231 |
| 1024 SE 18th Place | Sep 2025 | $370,000 | 3/2 | 1,771 | $209 |
| 2210 SE 8th Terrace | May 2026 | $340,000 | 3/2 | 1,551 | $219 |
| 2216 SE 8th Terrace | Feb 2026 | $345,000 | 3/2 | 1,692 | $204 |
| 1453 SE 15th Terrace | Feb 2026 | $363,000 | 3/2 | 1,747 | $208 |
| Average | 6 comps | $353,833 | $214 |
Market trends — Island Cove of Cape Coral (Pondella)
Live community medians from the MLS · see all listings. Indicative, not an appraisal.
Price & status history
| Mar 24, 2026 | Sold | $375,000 |
| Feb 14, 2026 | Listed | $375,000 |
The good, the trade-offs & the location
- Private pool
- Waterfront
- 2-car garage
- Built 1982 — 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.