3 Bed Pool Home for Sale in Cape Coral
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For SaleMLS# 2026036777

$379,900

3 Bed Pool Home for Sale in Cape Coral

243 SE 1st Terrace, Cape Coral, FL, 33990

3 beds2 baths1,419 sqft2 garage
Gated

About this home

Who says owning a pool home in Cape Coral has to break the bank? This beautifully maintained 3-bedroom, 2-bath pool home delivers the Florida lifestyle buyers are looking for at a price that makes sense, with major updates already completed, city utilities in and paid, and the added benefit of being located outside of a flood zone. Nestled in desirable SE Cape Coral, pride of ownership is evident from the moment you arrive, with meticulous landscaping, mature tropical foliage, concrete curbing, and a welcoming screened entry. Inside, vaulted ceilings and an open-concept great room create a bright, spacious feel, with the kitchen flowing seamlessly into the dining and living areas. The well-appointed kitchen features wood cabinetry, granite countertops, a mosaic tile backsplash, built-in wine rack, large pantry, and high-end GE stainless steel appliances. Coastal-inspired finishes, window treatments, and paint selections carry throughout the home, creating a relaxed Florida feel. Sliding glass doors from both the dining area and primary suite open to an incredible oversized covered lanai, while a kitchen pass-through window makes outdoor dining and entertaining effortless. A beautiful shiplap ceiling adds character to this impressive outdoor living space, overlooking the oversized pool and private, fully fenced backyard surrounded by mature landscaping. Whether you're lounging poolside, entertaining friends, enjoying dinner outdoors, or watching the kids splash in the pool, this is a home designed to enjoy Florida living year-round. The spacious primary suite features crown molding, an ensuite bath, and an exceptionally large walk-in closet, while two generously sized guest bedrooms are privately situated on the opposite side of the home. The guest bath conveniently doubles as a pool bath with direct access to the lanai. Even better, many of the costly improvements buyers worry about have already been taken care of, including a newer roof, A/C, and water heater, all replaced since 2021. Impact windows are installed across the front and sides of the home, along with one impact-rated sliding glass door. Conveniently located near shopping, restaurants, healthcare, schools, and entertainment, this home offers an outstanding combination of affordability, condition, location, and lifestyle. A furniture package is also available, providing the opportunity for a turnkey purchase. A private pool, major updates, paid city utilities, and no flood zone—this is the kind of Cape Coral value that's getting harder to find.

Property details

Type
SingleFamilyResidence
Year built
1988
Interior
1,419 sqft
Lot size
10,018.8 sqft
Acreage
0.23 acres
Garage
2 car
Days on market
0
Total association fees
None
CDD
None
Est. taxes (1.4%)
$5,319/yr
Flood zone (area est.)
No · Low risk (X)
Storm protection
Impact Windows/Doors
Exposure
North
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.

Above marketThis home is priced above comparable recent sales.
This home
$268/sqft
Comp median
$237/sqft
Difference
+13%

Based on the $/sqft of 3 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
310 SE 3rd StreetSep 2025$376,8273/21,548$243
212 SE 4th TerraceAug 2026$380,0003/21,603$237
609 Santa Barbara BoulevardSep 2025$325,0003/21,575$206
Average3 comps$360,609$229

Market trends, Cape Coral

Median list
$399,000
Median $/sqft
$232
Median sold (90d)
$385,000
Avg days on market
94
Active listings
2,481
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.

The good, the trade-offs & the location

Pros
  • Lower flood risk (zone X)
  • Private pool
  • Storm protection: Impact Windows/Doors
  • 2-car garage
Consider
  • Built 1988 — pre-2002 construction may carry older wind codes and higher insurance
Location convenienceHigh
Hospital
1.8 mi
Cape Coral Hospital
Beach
13.7 mi
Fort Myers Beach
Airport
7.8 mi
Page Field (Fort Myers)
Shopping
1.7 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.