3 Bed 2.5 Bath Pool Waterfront SingleFamilyResidence for Sale in CAPE CORAL, FL
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SoldMLS# 225027371

$695,000

3 Bed 2.5 Bath Pool Waterfront SingleFamilyResidence for Sale in CAPE CORAL, FL

302 SW 31st Terrace, Cape Coral, FL, 33914

3 beds2.5 baths2,520 sqft3 garage
BoatingWaterfront

About this home

Set along a quiet canal with coveted southern rear exposure, this custom residence offers refined Florida living with space, light, and thoughtful design throughout. With 2,520 square feet under air, the home features three spacious bedrooms, two and a half baths, a dedicated study, and a three-car garage—ideal for both everyday living and hosting guests. Sunlight fills the home year-round, while expansive 90-degree corner sliders create a seamless connection to the screened lanai and pool, capturing beautiful sunset views. Outdoor living is elevated with a fully equipped summer kitchen, supported by a 400-pound propane tank that also services the indoor range. Inside, volume ceilings, custom cabinetry, granite countertops, and quality finishes set a clean, upscale tone, complemented by tile and luxury vinyl plank flooring throughout. Impact glass, a tile roof, and paver driveways add both durability and curb appeal. Located in desirable SW Cape Coral, close to dining, shopping, and waterfront recreation, this home is move-in ready and thoughtfully crafted for those who value comfort, quality, and location. Experience it firsthand with a private showing.

Property details

Type
SingleFamilyResidence
Year built
2018
Interior
2,520 sqft
Lot size
11,586.96 sqft
Acreage
0.27 acres
Garage
3 car
Days on market
228
Total association fees
None
CDD
None
Est. taxes (1.4%)
$9,730/yr
Flood zone (area est.)
No · Low risk (X)
Storm protection
Impact Windows/Doors
Exposure
South
Waterfront
Yes
Gulf access
No
Gulf access type
N/A
Pool
Yes
Spa
No
Natural gas
Yes
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.

At marketThis home is priced in line with comparable recent sales.
This home
$276/sqft
Comp median
$269/sqft
Difference
+3%

Based on the $/sqft of 5 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.

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Your notes on this home

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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
3317 SW 5th PlaceSep 2025$575,0004/22,503$230
144 SW 28th StreetApr 2026$650,0003/32,396$271
212 SE 31st TerraceFeb 2026$720,0004/32,673$269
706 SW 28th StreetMay 2026$690,0004/32,606$265
228 SE 31ST TerraceApr 2026$677,5004/32,481$273
Average5 comps$662,500$262

Market trends — Cape Coral

Median list
$399,999
Median $/sqft
$234
Median sold (90d)
$384,900
Avg days on market
93
Active listings
2,525
Median sold price · Cape Coral
$382,000last 3 months7% vs $356,900 prior 3 months
Median closed price by month · Cape Coral
2.6% MoM11.3% YoY
$340k$368k$395kJul ’25Jul ’26
$395,000Jul ’26 · 314 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 $99,900 (13.3%) from the original list price.

Apr 7, 2026Sold$650,000
Dec 4, 2025Price reducedfrom $729,900$695,000
Jun 13, 2025Listed$749,900

The good, the trade-offs & the location

Pros
  • Built 2018 — post-2002 Florida wind codes (typically lower insurance)
  • Lower flood risk (zone X)
  • Private pool
  • Waterfront
  • Storm protection: Impact Windows/Doors
  • 3-car garage
Location convenienceHigh
Hospital
3.6 mi
Cape Coral Hospital
Beach
9.9 mi
Fort Myers Beach
Airport
7.3 mi
Page Field (Fort Myers)
Shopping
4.7 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.