$619,900
4 Bed 2 Bath Pool Waterfront SingleFamilyResidence for Sale in CAPE CORAL, FL
1924 SE 31st Terrace, Cape Coral, FL, 33904
About this home
Fully remodeled Southern exposure Direct Gulf Access (no bridges/locks) Pool Home being sold TURNKEY *everything stays with the home - just bring your own toothbrush! This home is located on the Balfour Canal in SE Cape. This beautifully updated home boasts 4 beds, 2 baths, oversized 2 car garage with a large electric heated pool w/ spa. Recent updates include: New cabinets, SS appliances, all new flooring, interior paint, brand new Aqualink system for pool/spa (allows you to set pool & spa temp, pumps, & lights from anywhere with an app on your phone), newer roof, doors/hardware, electrical panel, AC, Exterior Paint, and resurfaced pool. City water and sewer with ALL ASSESSMENTS PAID IN FULL. Conveniently located in SE Cape Coral, just minutes from downtown Cape Coral, Fort Myers, Sanibel/Captiva, and everything SW Florida has to offer. Keep your boat on the 10k lift and enjoy a short boat ride to the river and out to the Gulf of Mexico. This property is a succesful vacation rental, but could be a full-time home or part-time home! Don't miss out on the opportunity to own your slice of paradise here in SWFL.
Property details
- Type
- SingleFamilyResidence
- Year built
- 1975
- Interior
- 2,009 sqft
- Lot size
- 10,018.8 sqft
- Acreage
- 0.23 acres
- Garage
- 2 car
- Days on market
- 129
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $8,679/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- Shutters
- Exposure
- South
- Waterfront
- Yes
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- Yes
- Spa
- Yes
- 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 9 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.
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Your notes on this home
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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 |
|---|---|---|---|---|---|
| 1951 SE 32nd Street | Jul 2026 | $750,000 | 3/2 | 2,142 | $350 |
| 3110 SE 19th Avenue | Oct 2025 | $515,000 | 3/2 | 1,972 | $261 |
| 3117 SE 18th Avenue | Oct 2025 | $615,000 | 4/2 | 1,932 | $318 |
| 2026 SE 29th Street | Feb 2026 | $700,000 | 3/2 | 2,145 | $326 |
| 3514 SE 17th Place | Oct 2025 | $700,000 | 3/2 | 2,136 | $328 |
| 1816 SE 36th Terrace | Apr 2026 | $725,000 | 3/2 | 2,107 | $344 |
| Average | 6 comps | $667,500 | $321 |
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 $192,000 (24%) from the original list price.
| Dec 4, 2025 | Sold | $607,000 |
| Oct 21, 2025 | Back on market | |
| Oct 14, 2025 | Price reducedfrom $799,000 | $619,900 |
| Mar 3, 2025 | Listed | $799,000 |
The good, the trade-offs & the location
- Private pool
- Waterfront
- Storm protection: Shutters
- 2-car garage
- Built 1975 — pre-2002 construction may carry older wind codes and higher insurance
- In a higher-risk flood zone (AE) — flood insurance likely required
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.