$294,900
4 Bed 2 Bath SingleFamilyResidence for Sale in CAPE CORAL, FL
1731 SW 3rd Terrace, Cape Coral, FL, 33991
About this home
Price Adjustment! Welcome to this beautifully updated 4-bedroom, 2-bath home, offering an inviting open floor plan that’s perfect for modern living. Step into a spacious living area filled with natural light, ideal for entertaining or relaxing with family. The chef’s kitchen features solid wood cabinets, granite countertops, and ample space for meal prep, making it a true centerpiece of the home. Enjoy the Florida lifestyle with a screened lanai porch in the rear, perfect for morning coffee or evening relaxation. The vinyl-fenced backyard provides privacy and security, offering plenty of room for pets, play, or a garden. Located in a highly desirable area of Cape Coral, this home is just a short distance from local shopping, dining, and entertainment options, making it the ideal spot to call home. Move-in ready and waiting for you!
Property details
- Type
- SingleFamilyResidence
- Year built
- 2003
- Interior
- 1,712 sqft
- Lot size
- 10,018.8 sqft
- Acreage
- 0.23 acres
- Garage
- 2 car
- Days on market
- 156
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $4,129/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- None listed
- Exposure
- North
- Waterfront
- No
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- No
- Spa
- No
- Natural gas
- No
- Water
- Public
- Sewer
- Public Sewer
- New construction
- No
- 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 6 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 |
|---|---|---|---|---|---|
| 27 SW 19th Court | Apr 2026 | $280,000 | 3/2 | 1,717 | $163 |
| 2245 SW 1st Terrace | Jun 2026 | $282,000 | 3/2 | 1,556 | $181 |
| 22 NW 14th Avenue | Aug 2025 | $327,000 | 3/2 | 1,548 | $211 |
| 225 NW 20th Avenue | Oct 2025 | $289,900 | 3/2 | 1,697 | $171 |
| 127 El Dorado Boulevard | Jul 2025 | $285,000 | 3/2 | 1,799 | $158 |
| 211 SW 26th Avenue | Aug 2025 | $290,000 | 3/2 | 1,797 | $161 |
| Average | 6 comps | $292,317 | $174 |
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 $39,900 (11.6%) from the original list price.
| Oct 22, 2025 | Sold | $305,000 |
| Aug 11, 2025 | Price reducedfrom $304,900 | $294,900 |
| Mar 24, 2025 | Listed | $344,900 |
The good, the trade-offs & the location
- Built 2003 — post-2002 Florida wind codes (typically lower insurance)
- 2-car garage
- 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.