$499,900
4 Bed SingleFamilyResidence for Sale in Cape Coral
509 SW 27th Terrace, Cape Coral, FL, 33914
About this home
SELLER INCENTIVE: Seller will contribute up to $15,000 toward the buyer's allowable closing costs with an accepted full-price offer, subject to contract terms and lender guidelines. SELLER FINANCING AVAILABLE: 20% down payment, 10% interest rate, 3-year balloon, and 2-year prepayment penalty. Financing terms are subject to seller approval, qualification, and mutually agreed-upon contract terms. Beautifully renovated 4-bedroom + den, 2.5-bath home with a 2-car garage in Southwest Cape Coral. This move-in-ready property features a newer roof installed in 2023, brand-new A/C installed in 2025, and a spacious open-concept living area designed for comfortable everyday living and entertaining. The versatile den provides an ideal space for a home office, study, or additional flex space. Enjoy the screened-in lanai and outdoor living area, along with the convenience of city water and sewer, with assessments paid in full. Conveniently located near shopping, dining, schools, and everyday amenities. Flood insurance is not required based on the current property information. Don't miss the opportunity to make this beautifully updated Cape Coral home your own!
Property details
- Type
- SingleFamilyResidence
- Year built
- 2016
- Interior
- 2,470 sqft
- Lot size
- 10,018.8 sqft
- Acreage
- 0.23 acres
- Garage
- 2 car
- Days on market
- 95
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $6,999/yr
- Flood zone (area est.)
- No · Low risk (X)
- Storm protection
- Shutters
- Exposure
- North
- Waterfront
- No
- 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
Amenities
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 7 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 |
|---|---|---|---|---|---|
| 326 SW 31st Street | Sep 2025 | $385,000 | 4/2 | 2,470 | $156 |
| 2540 SW 9th Place | Apr 2026 | $482,000 | 4/2 | 2,319 | $208 |
| 3017 SW 2nd Place | Sep 2025 | $440,000 | 3/3 | 2,307 | $191 |
| 2720 SW 11th Avenue | Nov 2025 | $490,000 | 5/2 | 2,409 | $203 |
| 3317 SW 5th Place | Sep 2025 | $575,000 | 4/2 | 2,503 | $230 |
| 909 SW 22nd Terrace | May 2026 | $525,000 | 3/4 | 2,554 | $206 |
| Average | 6 comps | $482,833 | $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.
The good, the trade-offs & the location
- Built 2016 — post-2002 Florida wind codes (typically lower insurance)
- Lower flood risk (zone X)
- Storm protection: Shutters
- 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.