3 Bed 2 Bath Pool Waterfront SingleFamilyResidence for Sale in CAPE CORAL, FL
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SoldMLS# 225046991

$390,000

3 Bed 2 Bath Pool Waterfront SingleFamilyResidence for Sale in CAPE CORAL, FL

2912 SW 1st Terrace, Cape Coral, FL, 33991

3 beds2 baths1,440 sqft2 garage
GatedBoatingWaterfront

About this home

Mr. Clean lives here! Very well maintained pool home on a freshwater canal. Great for fishing, boating & kayaking, close to shopping and restaurants. This 3/2/2 home has had pride of ownership, with many upgrades...primary bathroom has been updated as well as the kitchen. Custom plantation shutters on all windows. Enjoy your under truss lanai that has a beautiful cedar wood ceiling. Lots of room to sunbath, swim and relax in the hot tub or pool. Newer hot water heater and landscaping. Paver driveway with sidewalk to a unique built in storage space on the side of the home. Garage has epoxy sealed floor with plenty of built in cabinets and work areas. Along with all these attributes this home has a metal roof to top things off. Make your showing appointment today before it's gone.

Property details

Type
SingleFamilyResidence
Year built
1987
Interior
1,440 sqft
Lot size
10,236.6 sqft
Acreage
0.23 acres
Garage
2 car
Days on market
53
Total association fees
None
CDD
None
Est. taxes (1.4%)
$5,460/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
None listed
Exposure
South
Waterfront
Yes
Gulf access
No
Gulf access type
N/A
Pool
Yes
Spa
Yes
Natural gas
No
Water
Well
Sewer
Septic Tank
New construction
No
Pets
Yes
County
Lee

Amenities

OtherSeeRemarks

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
$271/sqft
Comp median
$238/sqft
Difference
+14%

Based on the $/sqft of 11 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
2630 Embers ParkwayApr 2026$425,0003/21,387$306
2629 NW Embers TerraceOct 2025$350,0003/21,638$214
2639 SW 4th TerraceJun 2026$405,0003/21,606$252
227 NW 27th PlaceJan 2026$330,0003/21,447$228
312 El Dorado BoulevardFeb 2026$315,0003/21,387$227
3601 SW 3rd TerraceFeb 2026$340,0003/21,417$240
Average6 comps$360,833$245

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 $9,000 (2.3%) from the original list price.

Aug 14, 2025Sold$381,000
May 20, 2025Listed$390,000

The good, the trade-offs & the location

Pros
  • Private pool
  • Waterfront
  • 2-car garage
Consider
  • Built 1987 — 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
5.7 mi
Cape Coral Hospital
Beach
14.6 mi
Fort Myers Beach
Airport
11.5 mi
Page Field (Fort Myers)
Shopping
5.9 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.