$379,000
3 Bed 2 Bath Waterfront SingleFamilyResidence for Sale in CAPE CORAL, FL
1121 SE 23rd Terrace, Cape Coral, FL, 33990
About this home
Situated on a gulf access canal lot with quick access to open water and a boat lift with dock, this boaters dream home provides a convenient setting for boating and waterfront activities. From the backyard, you can explore Cape Coral’s waterways, visit nearby islands, or simply enjoy the peaceful views of the water. Step inside to discover a spacious and inviting layout, designed to provide both functionality and flexibility. This home features a formal living room and a separate family room, allowing for multiple living spaces that can accommodate both quiet relaxation and lively gatherings. Whether you're hosting guests or simply enjoying a peaceful evening at home, this layout offers plenty of room to spread out. The kitchen is well-appointed with plenty of cabinet space and a convenient breakfast bar. Ceiling fans in the kitchen, living room, and bedrooms add comfort and energy efficiency. The adjacent dining area provides stunning water views and direct access to the lanai through pocket sliding glass doors, allowing you to enjoy your meals with a waterfront backdrop. The family room also features sliding glass doors that lead to the lanai, seamlessly connecting indoor and outdoor spaces for effortless entertaining. The primary suite is a peaceful retreat, offering generous space, a walk-in closet, and a private en-suite bathroom with a walk-in shower. The guest bathroom provides added convenience with direct outdoor access, perfect for future pool plans. Step outside to your private screened lanai and take in the breathtaking waterfront views. The backyard is a blank canvas with plenty of space for a pool, allowing you to design your own tropical oasis tailored to your lifestyle. Enjoy the convenience of your private dock and boat lift, making it easy to set out for a day on the water whenever the mood strikes. Whether you're an avid boater or simply love the peaceful ambiance of waterfront living, this home delivers. Beyond the home’s stunning location and potential, it also comes with major recent updates that add peace of mind for the next owner. A new roof, A/C, garage door, and water heater—all replaced in 2023, ensure the home is structurally sound and well-maintained. The washer and dryer are just two years old, offering added convenience. Fresh exterior paint in 2024 enhances the home’s curb appeal. Located in a desirable neighborhood, this home offers easy access to shopping, dining, parks, and more
Property details
- Type
- SingleFamilyResidence
- Year built
- 1986
- Interior
- 1,597 sqft
- Lot size
- 10,018.8 sqft
- Acreage
- 0.23 acres
- Garage
- 2 car
- Days on market
- 88
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $5,306/yr
- Flood zone (area est.)
- No · Low risk (X)
- Storm protection
- None listed
- Exposure
- North
- Waterfront
- Yes
- Gulf access
- Yes
- Gulf access type
- Direct — no bridges
- Pool
- No
- Spa
- No
- Natural gas
- No
- Water
- Public
- Sewer
- Public Sewer
- 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 15 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 |
|---|---|---|---|---|---|
| 1117 SE 22nd Street | Sep 2025 | $350,000 | 3/2 | 1,634 | $214 |
| 1127 SE 21st Terrace | Apr 2026 | $367,000 | 3/2 | 1,714 | $214 |
| 1318 SE 19th Terrace | Feb 2026 | $325,000 | 3/2 | 1,434 | $227 |
| 1122 SE 19th Street | Dec 2025 | $360,000 | 3/2 | 1,424 | $253 |
| 1212 SE 19th Street | Jun 2026 | $358,000 | 3/2 | 1,711 | $209 |
| 1932 SE 8th Avenue | May 2026 | $365,000 | 4/2 | 1,655 | $221 |
| Average | 6 comps | $354,167 | $223 |
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.
Price & status history
Down $69,000 (16.5%) from the original list price.
| Aug 7, 2025 | Sold | $350,000 |
| May 11, 2025 | Price reducedfrom $399,000 | $379,000 |
| Mar 14, 2025 | Listed | $419,000 |
The good, the trade-offs & the location
- Lower flood risk (zone X)
- Gulf access (Direct — no bridges)
- 2-car garage
- Built 1986 — pre-2002 construction may carry older wind codes and higher insurance
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
$305,000
MLS# 2260179391787 Four Mile Cove Parkway 434, Cape Coral, FL, 33990
$359,999
MLS# 2260207164622 SW 12th Place 124, Cape Coral, FL, 33914
$375,000
MLS# 20260070001925 Clifford Street 802, Fort Myers, FL, 33901
$400,000
MLS# 2260263134025 SE 19th Place 209, Cape Coral, FL, 33904
$334,900
MLS# 2026031047918 NE 12th Street, Cape Coral, FL, 33909
$449,999
MLS# 20250110371037 Ione Drive, Fort Myers, FL, 33919
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.