4 Bed SingleFamilyResidence for Sale in Cape Coral
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For SaleMLS# 2025002983

$420,490

4 Bed SingleFamilyResidence for Sale in Cape Coral

314 NE 23rd Terrace, Cape Coral, FL, 33909

4 beds2.5 baths2,471 sqft2 garage
Gated

Upcoming open house

  • Sat, Sep 510:00 AM, 1:00 PM

About this home

READY NOW!! The Neptune is a beautiful two story floor plan with the Owner suite on the first floor and all secondary bedrooms on the second floor with a jack and jill bathroom and a large loft for entertaining. This home includes the option private Den downstairs and this home comes with a covered lanai perfect for enjoying your back yard. Impressive Cornerstone Series with so many included features. The Neptune offers impressive exteriors offer concrete block with decorative textured finish, hurricane rated engineered wood trusses, dimensional shingles and outdoor patio. Beautiful 9’4” plate height ceilings with knockdown texture, 5 ¼ baseboards throughout with deluxe kitchens with 42' shaker cabinets and upgraded countertops in kitchen. Tile and Carpet tile flooring. Energy smart features throughout this stunning quality-built home. This new home includes one full year of builder's transferable warranty coverage and a 10-year limited structural warranty.

Property details

Type
SingleFamilyResidence
Year built
2025
Interior
2,471 sqft
Lot size
10,018.8 sqft
Acreage
0.23 acres
Garage
2 car
Days on market
403
Total association fees
None
CDD
None
Est. taxes (1.4%)
$5,887/yr
Flood zone (area est.)
No · Low risk (X)
Storm protection
None listed
Exposure
South
Waterfront
No
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
Well
Sewer
Septic Tank
New construction
Yes
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
$170/sqft
Comp median
$161/sqft
Difference
+6%

Based on the $/sqft of 14 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
519 NE 19th TerraceAug 2026$422,0004/22,293$184
944 Golden Pond CourtJun 2026$330,0003/22,603$127
2552 Deerfield Lake CourtMar 2026$365,0004/32,471$148
301 NE 13th TerraceJul 2026$425,9954/32,336$182
1317 NE 5th PlaceApr 2026$410,0004/22,406$170
2691 Sunset Lake DriveOct 2025$350,0005/32,471$142
Average6 comps$383,833$159

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 $54,710 (11.5%) from the original list price.

Aug 27, 2026Price reducedfrom $423,490$420,490
Jul 24, 2025Listed$475,200

The good, the trade-offs & the location

Pros
  • Built 2025 — post-2002 Florida wind codes (typically lower insurance)
  • New construction
  • Lower flood risk (zone X)
  • 2-car garage
Location convenienceHigh
Hospital
4.5 mi
Cape Coral Hospital
Beach
16.8 mi
Fort Myers Beach
Airport
9.9 mi
Page Field (Fort Myers)
Shopping
3.5 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.