3 Bed Waterfront Home for Sale in Cape Coral
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For SaleMLS# 225054160

$450,000

3 Bed Waterfront Home for Sale in Cape Coral

1449 SE 16th Street, Cape Coral, FL, 33990

3 beds2 baths1,549 sqft2 garage
GatedBoatingWaterfront

About this home

NOT IN A FLOOD ZONE and never flooded during any storms! ASSESSMENTS PAID IN FULL! NO HOA NO CDD! Front Impact windows and BRAND NEW GARAGE DOOR! Welcome to paradise — where you live your vacation! This charming 3 bedroom, 2 bath single-family home features tile flooring throughout — no carpeting, offering a clean, fresh, and easy-to-maintain living space.This home includes a pool bathroom and two lanais: a primary lanai measuring 18'11" x 9'9" and a dining lanai measuring 27'6" x 9'9" — your perfect outdoor oasis to escape and watch boating, paddle boards, and dolphins play. Buyers can add Areca palm trees for enhanced privacy, creating a serene setting. There is plenty of room to add a pool if you want to enhance your private paradise. Bring your pets too — the fenced yard gives them space to run and play safely. Conveniently located near restaurants, shops, and the vibrant downtown areas of Cape Coral and Fort Myers, offering the best of Southwest Florida living. Enjoy easy boating access with just one bridge to the Caloosahatchee River — ideal for water enthusiasts. Whether you’re seeking a vacation-ready home or an Airbnb investment, this property has excellent rental potential. Don’t miss your chance to own a slice of paradise!

Property details

Type
SingleFamilyResidence
Year built
1988
Interior
1,549 sqft
Lot size
10,018.8 sqft
Acreage
0.23 acres
Garage
2 car
Days on market
437
Total association fees
None
CDD
None
Est. taxes (1.4%)
$6,300/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
Impact Windows/Doors, Shutters
Exposure
North
Waterfront
Yes
Gulf access
No
Gulf access type
N/A
Pool
No
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
$291/sqft
Comp median
$244/sqft
Difference
+19%

Based on the $/sqft of 19 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
1453 SE 15th TerraceFeb 2026$363,0003/21,747$208
401 SE 14th TerraceDec 2025$360,0003/21,455$247
1305 SE 14th StreetMay 2026$535,0003/21,532$349
1311 SE 13th TerraceAug 2026$339,0003/21,507$225
1201 SE 14th StreetJun 2026$525,0003/21,415$371
1212 SE 19th StreetJun 2026$358,0003/21,711$209
Average6 comps$413,333$268

Market trends, Cape Coral

Median list
$399,000
Median $/sqft
$233
Median sold (90d)
$385,000
Avg days on market
94
Active listings
2,460
Median sold price · Cape Coral
$385,000last 3 months7.2% vs $359,000 prior 3 months
Median closed price by month · Cape Coral
2.6% MoM7% YoY
$340k$365k$390kJul ’25Aug ’26
$380,000Aug ’26 · 444 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 $15,000 (3.2%) from the original list price.

Jun 3, 2026Price reducedfrom $458,000$450,000
Jun 9, 2025Listed$465,000

The good, the trade-offs & the location

Pros
  • Waterfront
  • Storm protection: Impact Windows/Doors, Shutters
  • 2-car garage
Consider
  • Built 1988 — 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
0.7 mi
Cape Coral Hospital
Beach
11.8 mi
Fort Myers Beach
Airport
5.6 mi
Page Field (Fort Myers)
Shopping
1.9 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.