3 Bed Pool Home for Sale in Cape Coral
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ExpiredMLS# 2026017828

$435,000

3 Bed Pool Home for Sale in Cape Coral

1022 SW 18th Terrace, Cape Coral, FL, 33991

3 beds2.5 baths2,251 sqft2 garage
Golf

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

GolfCourse

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
$193/sqft
Comp median
$214/sqft
Difference
-10%

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.

AddressSoldSold priceBeds/BathsSq ft$/sqft
1217 SW 20th StreetMay 2026$525,5004/32,127$247
1422 SW 16th TerraceMay 2026$490,0003/22,078$236
710 SW 21st StreetNov 2025$472,9004/32,206$214
2236 SW 14th PlaceJun 2026$353,5003/22,071$171
1741 Emerald Cove CircleFeb 2026$399,9004/22,159$185
2537 SW 11th PlaceJul 2026$539,9004/32,145$252
Average6 comps$463,617$218

Market trends, Island Park (Cape Coral)

Median list
$552,000
Median $/sqft
$284
Median sold (90d)
$460,000
Avg days on market
94
Active listings
26
Median sold price · Island Park (Cape Coral)
$460,000last 3 monthsnot enough sold data to compare

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, 2026Price reducedfrom $450,000$435,000
Apr 17, 2026Listed$499,900

The good, the trade-offs & the location

Pros
  • Lower flood risk (zone X)
  • Private pool
  • 2-car garage
Consider
  • Built 1993 — pre-2002 construction may carry older wind codes and higher insurance
Location convenienceHigh
Hospital
3.4 mi
Cape Coral Hospital
Beach
11.8 mi
Fort Myers Beach
Airport
8.6 mi
Page Field (Fort Myers)
Shopping
4.2 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.