$374,999
4 Bed SingleFamilyResidence for Sale in Cape Coral
505 NW 3RD Terrace, Cape Coral, FL, 33909
About this home
Under Construction - WELCOME TO YOUR NEW DR HORTON HOME!! This is our appealing one-story, open concept, 1828 sqft CALI Floorplan featuring 4 bedrooms, 2 bathrooms, 2-car garage, a covered under-trusses lanai and all concrete block construction. This home is on a beautiful lot located in Cape Coral WITH ALL ASSESSMENTS PAID. This home boasts Designer cabinets and quartz countertops in both the kitchen and baths. Experience the timeless beauty and durability of RevWood laminated wood floors featured everywhere except the bedrooms, modern flat stock trim and baseboards, all stainless kitchen appliances including refrigerator, paver driveways and lanai, irrigation system, and garage door openers. Be wowed by the INCLUDED “home-is-connected” package which features a smart thermostat, smart door lock, video doorbell, smart garage controller, Deako smart switches, an echo pop speaker plus three years of Alarm.com service. We offer a full builder’s warranty along with a vast array of financing options and ways to contribute to your closing costs. This is why owning a brand-new home from America’s largest builder is going to be your best option. These homes move quickly so don’t miss out.
Property details
- Type
- SingleFamilyResidence
- Year built
- 2025
- Interior
- 1,828 sqft
- Lot size
- 10,454.4 sqft
- Acreage
- 0.24 acres
- Garage
- 2 car
- Days on market
- 110
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $5,250/yr
- Flood zone (area est.)
- No · Low risk (X)
- Storm protection
- None listed
- 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
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 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.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 412 NW 4th Street | Mar 2026 | $354,000 | 4/2 | 1,829 | $194 |
| 207 NW 4th Place | Feb 2026 | $356,000 | 4/2 | 1,829 | $195 |
| 331 NW 7th Place | Feb 2026 | $325,000 | 4/2 | 1,809 | $180 |
| 627 NW 2nd Terrace | Aug 2026 | $345,000 | 3/2 | 1,656 | $208 |
| 707 NW 2ND Lane | Feb 2026 | $370,000 | 4/3 | 2,020 | $183 |
| 423 NW 7th Place | Mar 2026 | $376,000 | 3/2 | 1,642 | $229 |
| Average | 6 comps | $354,333 | $198 |
Market trends, Cape Coral Mobile Home Estates
Live community medians from the MLS · see all listings. Indicative, not an appraisal.
Price & status history
Down $51,490 (12.8%) from the original list price.
| Jan 29, 2026 | Sold | $350,000 |
| Oct 22, 2025 | Price reducedfrom $391,990 | $374,999 |
| Aug 27, 2025 | Listed | $401,490 |
The good, the trade-offs & the location
- Built 2025 — post-2002 Florida wind codes (typically lower insurance)
- Lower flood risk (zone X)
- 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.