$317,990
4 Bed 2 Bath SingleFamilyResidence for Sale in CAPE CORAL, FL
1421 NW 16th Terrace, Cape Coral, FL, 33993
About this home
NEW BUILD COMPLETE - MOVE-IN-READY. WAS $324,990 - NOW $317,990. SPECIAL INCENTIVES: Up to $18K in closing cost assistance / prepaids when using a preferred lender. The 1,650-square-foot (air-conditioned) Fairfield plan is an open-concept floor plan that includes four bedrooms, two bathrooms, and a two-car garage. The kitchen of the Fairfield boasts many contemporary features, including upgraded 36” contemporary shaker-style cabinets, a large 8’ wide kitchen island with upgraded countertops, Whirlpool dishwasher, microwave, and range, and overlooks an expansive great room, making it the perfect plan for entertaining and day-to-day living. The great room and dining room feature beautiful tile-plank flooring and vaulted ceilings. The owner’s suite features a private bathroom, with a separate water-closet room, double-sink vanity, separate linen closet, and large walk-in closet. The three guest bedrooms share a separate bathroom. The Fairfield also features a decorative brick paver driveway, a professionally designed landscaping package, and designer-selected paint colors, light, and plumbing fixtures, impact resistant window and doors.
Property details
- Type
- SingleFamilyResidence
- Year built
- 2026
- Interior
- 1,650 sqft
- Lot size
- 10,018.8 sqft
- Acreage
- 0.23 acres
- Garage
- 2 car
- Days on market
- 36
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $4,452/yr
- Flood zone (area est.)
- No · Low risk (X)
- Storm protection
- Impact Windows/Doors
- Exposure
- North
- 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.
Based on the $/sqft of 9 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.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 1607 NW 17th Street | Apr 2026 | $335,000 | 3/2 | 1,602 | $209 |
| 1321 NW 15th Terrace | Apr 2026 | $299,800 | 3/2 | 1,550 | $193 |
| 1206 NW 16th Terrace | Oct 2025 | $350,000 | 4/2 | 1,787 | $196 |
| 1422 NW 19th Terrace | Mar 2026 | $328,990 | 4/2 | 1,829 | $180 |
| 1616 NW 9th Terrace | Dec 2025 | $314,990 | 4/2 | 1,665 | $189 |
| 1302 NW 13TH Terrace | Sep 2025 | $362,000 | 3/2 | 1,602 | $226 |
| Average | 6 comps | $331,797 | $199 |
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 $7,000 (2.2%) from the original list price.
| Apr 17, 2026 | Sold | $317,990 |
| Feb 24, 2026 | Price reducedfrom $324,990 | $317,990 |
| Jan 26, 2026 | Listed | $324,990 |
The good, the trade-offs & the location
- Built 2026 — post-2002 Florida wind codes (typically lower insurance)
- New construction
- Lower flood risk (zone X)
- Storm protection: Impact Windows/Doors
- 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.
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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.