4 Bed SingleFamilyResidence for Sale in Cape Coral
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SoldMLS# 224008349

$347,900

4 Bed SingleFamilyResidence for Sale in Cape Coral

1206 NW 16th Terrace, Cape Coral, FL, 33993

4 beds2 baths1,787 sqft2 garage
Gated

About this home

Move-in Ready!! Four Bedroom, 2 Bath split plan with clean, modern lines. Home includes 42” real wood soft close cabinets, quartz countertops, luxury tile plank flooring, 9’4” ceilings, large walk-in closets, irrigation system, spacious open floor plan, Energy Star S/S appliances, double pane low emission windows that help control your home’s internal temperature and reduce noise pollution, LED lighting, high performance 16 SEER HVAC unit. Designer landscaping and a 10-year structural warranty by Maverick. Pictures are from a previously built model.

Property details

Type
SingleFamilyResidence
Year built
2024
Interior
1,787 sqft
Lot size
10,018.8 sqft
Acreage
0.23 acres
Garage
2 car
Days on market
530
Total association fees
None
CDD
None
Est. taxes (1.4%)
$4,871/yr
Flood zone (area est.)
Not available
Storm protection
Shutters
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
No
Pets
Yes
County
Lee
At marketThis home is priced in line with comparable recent sales.
This home
$195/sqft
Comp median
$184/sqft
Difference
+6%

Based on the $/sqft of 13 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
1421 NW 16th TerraceApr 2026$317,9904/21,650$193
1236 NW 18th TerraceSep 2026$299,0003/21,723$174
1121 NW 13th TerraceApr 2026$307,0004/31,665$184
1411 NW 10th PlaceDec 2025$329,9904/21,829$180
1114 NW 19th StreetApr 2026$329,5004/21,829$180
1406 NW 19th StreetAug 2026$330,0004/21,800$183
Average6 comps$318,913$182

Market trends, Cape Coral

Median list
$399,000
Median $/sqft
$233
Median sold (90d)
$384,999
Avg days on market
92
Active listings
2,482
Median sold price · Cape Coral
$384,999last 3 months6.9% vs $360,000 prior 3 months
Median closed price by month · Cape Coral
2.6% MoM5.7% YoY
$340k$365k$390kJul ’25Sep ’26
$369,990Sep ’26 · 55 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 $49,900 (12.5%) from the original list price.

Oct 29, 2025Sold$350,000
Aug 7, 2025Price reducedfrom $348,900$347,900
Apr 19, 2025Back on market
Jan 25, 2024Listed$399,900

The good, the trade-offs & the location

Pros
  • Built 2024 — post-2002 Florida wind codes (typically lower insurance)
  • Storm protection: Shutters
  • 2-car garage
Location convenienceHigh
Hospital
4.8 mi
Cape Coral Hospital
Beach
16.2 mi
Fort Myers Beach
Airport
10.7 mi
Page Field (Fort Myers)
Shopping
4.3 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.