3 Bed Pool Home for Sale in Cape Coral
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For SaleMLS# 2026023126

$679,000

3 Bed Pool Home for Sale in Cape Coral

1118 SE 16th Terrace, Cape Coral, FL, 33990

3 beds2 baths2,015 sqft2 garage
GatedBoatingWaterfront

About this home

NEW FULLY RENOVATED house, Waterfront with Canal View, Gulf Access & Heavy-Duty Boat Lift, 100’+ wide Gulf-access canal with 100 ft of seawall, this house has 3-bedroom, 2-bathrooms offers 2,015 square feet under air. The property has a new dock with an approximately 16,000-lb boat lift, including new Tiki hut providing quick and easy access to the Gulf—perfect for avid boaters. Sparkling swimming pool ideal for relaxing or entertaining, heated of course. Inside, everything is NEW. The home offers a spacious floor plan and abundant natural light. A newer air conditioning system, new Kitchen, new appliances, new paint, new bathrooms, new tiles. Come see for yourself!!

Property details

Type
SingleFamilyResidence
Year built
2000
Interior
2,015 sqft
Lot size
14,505.48 sqft
Acreage
0.33 acres
Garage
2 car
Days on market
84
Total association fees
None
CDD
None
Est. taxes (1.4%)
$9,506/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
Shutters
Exposure
South
Waterfront
Yes
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

Maintenance included in the fee

Trash

What the association dues cover, per the MLS. Confirm the full schedule with the HOA.

Amenities

RvBoatStorage

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.

At marketThis home is priced in line with comparable recent sales.
This home
$337/sqft
Comp median
$315/sqft
Difference
+7%

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.

AddressSoldSold priceBeds/BathsSq ft$/sqft
1215 SE 21st StreetJun 2026$662,0003/22,091$317
1444 SE 13th TerraceMar 2026$659,0003/21,974$334
1422 SE 20th StreetMay 2026$661,0004/22,117$312
1438 SE 20th StreetJan 2026$630,0003/21,904$331
2201 SE 10th AvenueJul 2026$536,0003/22,000$268
1311 SE 5th CourtMar 2026$530,0003/21,996$266
Average6 comps$613,000$305

Market trends, Cape Coral

Median list
$399,000
Median $/sqft
$233
Median sold (90d)
$385,000
Avg days on market
94
Active listings
2,460
Median sold price · Cape Coral
$385,000last 3 months7.2% vs $359,000 prior 3 months
Median closed price by month · Cape Coral
1.3% MoM8.4% YoY
$340k$365k$390kJul ’25Aug ’26
$384,750Aug ’26 · 413 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

Down $50,000 (6.9%) from the original list price.

Aug 14, 2026Price reducedfrom $699,000$679,000
May 22, 2026Listed$729,000

The good, the trade-offs & the location

Pros
  • Private pool
  • Waterfront
  • Storm protection: Shutters
  • 2-car garage
Consider
  • Built 2000 — pre-2002 construction may carry older wind codes and higher insurance
  • In a higher-risk flood zone (AE) — flood insurance likely required
Location convenienceHigh
Hospital
0.9 mi
Cape Coral Hospital
Beach
11.7 mi
Fort Myers Beach
Airport
5.9 mi
Page Field (Fort Myers)
Shopping
2.1 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.