$300,000
4 Bed 2 Bath Pool Waterfront SingleFamilyResidence for Sale in CAPE CORAL, FL
126 SE 16th Terrace, Cape Coral, FL, 33990
About this home
This is a diamond in the rough. This 4 bedroom, 2 bath pool home needs some TLC. Over 2,000 square feet under air, this home has great potential and is on a freshwater canal with seawall and cement dock.... great for fishing, kayaking, and boating. Close to restaurants, shopping, schools, hospital and bridges. Investors and handymen come check this home out! Assessments in and paid. Not in a flood zone. THIS HOME IS BEING SOLD AS IS.
Property details
- Type
- SingleFamilyResidence
- Year built
- 2002
- Interior
- 2,072 sqft
- Lot size
- 11,586.96 sqft
- Acreage
- 0.27 acres
- Garage
- 2 car
- Days on market
- 2
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $4,200/yr
- Flood zone (area est.)
- No · Low risk (X)
- Storm protection
- None listed
- Exposure
- South
- Waterfront
- Yes
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- Yes
- 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 3 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 |
|---|---|---|---|---|---|
| 1512 SE 2nd Place | Nov 2025 | $345,000 | 3/2 | 2,126 | $162 |
| 219 SW Trafalgar Parkway | Mar 2026 | $297,000 | 3/2 | 1,929 | $154 |
| 1514 SW 4th Place | Feb 2026 | $333,000 | 3/2 | 1,997 | $167 |
| Average | 3 comps | $325,000 | $161 |
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 $10,000 (3.3%) from the original list price.
| Jan 28, 2026 | Sold | $290,000 |
| Dec 18, 2025 | Listed | $300,000 |
The good, the trade-offs & the location
- Built 2002 — post-2002 Florida wind codes (typically lower insurance)
- Lower flood risk (zone X)
- Private pool
- Waterfront
- 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.