$344,500
3 Bed Waterfront Home for Sale in Cape Coral
420 NE 15th Terrace, Cape Coral, FL, 33909
About this home
Waterfront living meets comfort and convenience in this beautifully updated home on a freshwater canal! A private concrete dock, fenced backyard, and spacious screened lanai create the perfect setting to enjoy the outdoors and relax by the water. Inside, the open-concept layout features vaulted ceilings, new custom tile flooring, recessed lighting, upgraded fixtures, and attractive plant ledge details. The kitchen is designed for both everyday living and entertaining, with soft-close cabinetry, quartz countertops, double deep sinks, a pantry, and included appliances. A generous walk-in utility room with its own sink provides added functionality and storage. Step outside to the impressive 10' x 30' screened lanai overlooking the canal, or enjoy your morning coffee from the covered front porch. With a fenced yard, waterfront access, thoughtful updates, and a convenient location close to restaurants, schools, hospitals, and other amenities, this home is ready for its next owner. Come see all it has to offer!
Property details
- Type
- SingleFamilyResidence
- Year built
- 2005
- Interior
- 1,836 sqft
- Lot size
- 10,628.64 sqft
- Acreage
- 0.24 acres
- Garage
- 2 car
- Days on market
- 0
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $4,823/yr
- Flood zone (area est.)
- No · Low risk (X)
- Storm protection
- None listed
- Exposure
- South
- Waterfront
- Yes
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- No
- Spa
- No
- Natural gas
- No
- Water
- Assessment Unpaid
- Sewer
- Assessment Unpaid
- 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.
Based on the $/sqft of 4 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.
Seeing several homes? Build a tour and we'll route it for you.
Your notes on this home
Keep private notes on this home, what you love, what to ask about, saved to your account and shared with your agent.
Recently sold nearby
Closed comparable sales within ~1 mile in the last 12 months, similar price, size, beds/baths, and age.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 1622 NE 8th Place | Mar 2026 | $314,000 | 4/2 | 1,811 | $173 |
| 1118 NE 3rd Avenue | Oct 2025 | $304,900 | 3/2 | 1,798 | $170 |
| 2017 NE 5th Place | Jul 2026 | $393,000 | 4/2 | 1,718 | $229 |
| 844 NE 6th Place | May 2026 | $316,000 | 3/2 | 1,670 | $189 |
| Average | 4 comps | $331,975 | $190 |
Market trends, Cape Coral
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
- Built 2005 — post-2002 Florida wind codes (typically lower insurance)
- Lower flood risk (zone X)
- Waterfront
- 2-car garage
Straight-line distances to major SWFL amenities, approximate; actual drive times vary.
Nearby schools
Get more information on their programs, scores, and extracurriculars on each school's page · browse the full schools directory.
Similar homes nearby
$399,900
MLS# 20260255172032 NW 2nd Avenue, Cape Coral, FL, 33993
$339,000
MLS# 20260300724308 NE 21st Avenue, Cape Coral, FL, 33909
$340,000
MLS# 2260130353422 Cancun Court, Cape Coral, FL, 33909
$385,000
MLS# 2026026912451 Spring Hill Lake Loop, Cape Coral, FL, 33993
$349,000
MLS# 2260279821806 NE 21st Place, Cape Coral, FL, 33909
$319,900
MLS# 20260203482707 Tarragona Court, Cape Coral, FL, 33909
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.