$499,900
4 Bed 3 Bath Pool Waterfront SingleFamilyResidence for Sale in CAPE CORAL, FL
1605 SW 1st Terrace, Cape Coral, FL, 33991
About this home
Stunning 4bed/3bath pool home with OVERSIZED POOL & 1,400+sqft screened lanai in SW Cape Coral! NOT IN FLOOD ZONE backing to freshwater canal for backyard fishing. Nearly new 2021 construction, 2,010 sq ft under air, 4,000 total sqft. Prime location near Pine Island Rd close to shopping, dining, schools. Quick access to Fort Myers, Sanibel & Fort Myers Beach. Soaring 12ft ceilings, 8ft doors, luxury plank tile throughout (NO CARPET). Designer kitchen: 42" wood cabinets, granite counters, stainless appliances, walk-in pantry, large island. Luxurious primary suite: tray ceilings, soaking tub, frameless glass shower, dual vanities, walk-in closet. Resort-style pool with paver deck, outdoor pool bath, fenced yard, full irrigation. Paver driveway, crown molding, upgraded trim, soffit lighting, 2-car garage, energy-efficient. INVESTOR FRIENDLY! Great rental potential! QUICK CLOSE AVAILABLE! Seller motivated - don't miss this incredible opportunity for modern Florida living!
Property details
- Type
- SingleFamilyResidence
- Year built
- 2021
- Interior
- 2,010 sqft
- Lot size
- 10,628.64 sqft
- Acreage
- 0.24 acres
- Garage
- 2 car
- Days on market
- 188
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $6,999/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- Shutters
- Exposure
- North
- Waterfront
- Yes
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- Yes
- Spa
- No
- Natural gas
- No
- Water
- Assessment Unpaid
- Sewer
- Assessment Unpaid
- 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 |
|---|---|---|---|---|---|
| 1448 SW 1st Street | Apr 2026 | $555,000 | 4/3 | 2,010 | $276 |
| 1723 SW 3rd Terrace | Feb 2026 | $459,900 | 3/2 | 1,815 | $253 |
| 103 Chiquita Boulevard | Sep 2025 | $560,000 | 4/3 | 2,009 | $279 |
| 1921 SW 4th Street | Nov 2025 | $480,000 | 4/2 | 1,869 | $257 |
| 1214 Embers Parkway | Oct 2025 | $565,000 | 3/3 | 1,868 | $302 |
| 122 NW 18th Place | Mar 2026 | $530,000 | 3/2 | 1,940 | $273 |
| Average | 6 comps | $524,983 | $273 |
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
| Mar 2, 2026 | Sold | $464,000 |
| Jul 24, 2025 | Listed | $499,900 |
The good, the trade-offs & the location
- Built 2021 — post-2002 Florida wind codes (typically lower insurance)
- Private pool
- Waterfront
- Storm protection: Shutters
- 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.