$435,000
3 Bed Pool Home for Sale in Cape Coral
1022 SW 18th Terrace, Cape Coral, FL, 33991
About this home
SOUTHERN EXPOSURE GOLF HOME WITH SELLER FINANCING RATE AS LOW AS 5% - Welcome to 1022 SW 18th Terrace, perfectly positioned on Palmetto Pines Golf Course with desirable southern rear exposure that fills the home with natural light all day and delivers beautiful sunset skies in the evening. This well-maintained pool home offers over 2,200 square feet of living space with a rare 2.5-bath layout, including a convenient pool bath that’s ideal for both entertaining and everyday living. Step outside to your expansive screened lanai and newly resurfaced pool, where you can unwind and take in peaceful, unobstructed golf course views—your own private slice of Southwest Florida living. After a day of golf, pull your golf cart into the golf cart garage entrance. Major updates have already been completed, including a new roof in 2023, new A/C in 2026, new electrical panel & pool heater, & stainless appliances giving you peace of mind on the big-ticket items. The home has never flooded & not in a flood zone (X500), assessments are in and paid, and there is even the possibility of owner financing, making this an exceptional opportunity to own a move-in-ready golf course home with space, views, and flexibility. Schedule your private showing today.
Property details
- Type
- SingleFamilyResidence
- Year built
- 1993
- Interior
- 2,251 sqft
- Lot size
- 10,628.64 sqft
- Acreage
- 0.24 acres
- Garage
- 2 car
- Days on market
- 137
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $6,090/yr
- Flood zone (area est.)
- No · Low risk (X)
- Storm protection
- None listed
- Exposure
- South
- Waterfront
- No
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- Yes
- Spa
- Yes
- Natural gas
- No
- Water
- Assessment Paid
- Sewer
- Assessment Paid
- 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 8 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 |
|---|---|---|---|---|---|
| 1217 SW 20th Street | May 2026 | $525,500 | 4/3 | 2,127 | $247 |
| 1422 SW 16th Terrace | May 2026 | $490,000 | 3/2 | 2,078 | $236 |
| 710 SW 21st Street | Nov 2025 | $472,900 | 4/3 | 2,206 | $214 |
| 2236 SW 14th Place | Jun 2026 | $353,500 | 3/2 | 2,071 | $171 |
| 1741 Emerald Cove Circle | Feb 2026 | $399,900 | 4/2 | 2,159 | $185 |
| 2537 SW 11th Place | Jul 2026 | $539,900 | 4/3 | 2,145 | $252 |
| Average | 6 comps | $463,617 | $218 |
Market trends, Island Park (Cape Coral)
Live community medians from the MLS · see all listings. Indicative, not an appraisal.
Price & status history
Down $64,900 (13%) from the original list price.
| Aug 27, 2026 | Price reducedfrom $450,000 | $435,000 |
| Apr 17, 2026 | Listed | $499,900 |
The good, the trade-offs & the location
- Lower flood risk (zone X)
- Private pool
- 2-car garage
- Built 1993 — pre-2002 construction may carry older wind codes and higher insurance
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.