4 Bed 2 Bath SingleFamilyResidence for Sale in CAPE CORAL, FL
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SoldMLS# 2026003258

$299,000

4 Bed 2 Bath SingleFamilyResidence for Sale in CAPE CORAL, FL

2011 SW 12th Terrace, Cape Coral, FL, 33991

4 beds2 baths1,980 sqft2 garage
Gated

About this home

Investor or DIY opportunity! This single-family home offers huge potential in a desirable Southwest Florida location and is NOT located in a flood zone—a major value and insurance advantage. The home features a new roof installed in 2023 and is a blank canvas ready for your personal touch—fresh paint, new flooring, and minor updates can transform it into a beautiful, personalized space. The interior is being cleared by the seller, providing a clean slate for your vision. Seller is motivated and open to all offers, making this an excellent opportunity to create your dream home or a strong investment property.

Property details

Type
SingleFamilyResidence
Year built
2017
Interior
1,980 sqft
Lot size
10,018.8 sqft
Acreage
0.23 acres
Garage
2 car
Days on market
3
Total association fees
None
CDD
None
Est. taxes (1.4%)
$4,186/yr
Flood zone (area est.)
No · Low risk (X)
Storm protection
Shutters
Exposure
North
Waterfront
No
Gulf access
No
Gulf access type
N/A
Pool
No
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.

Below marketThis home is priced below comparable recent sales — a potential value.
This home
$151/sqft
Comp median
$177/sqft
Difference
-15%

Based on the $/sqft of 6 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.

AddressSoldSold priceBeds/BathsSq ft$/sqft
1812 SW 10th TerraceSep 2025$360,0004/21,841$196
1413 SW 19th PlaceDec 2025$325,0003/21,979$164
1617 SW 15th StreetNov 2025$299,9004/21,869$160
2730 Vareo CourtJan 2026$365,0003/21,926$190
2734 Vareo CourtJul 2026$363,7003/21,926$189
1601 SW 19th StreetOct 2025$320,0003/22,044$157
Average6 comps$338,933$176

Market trends — Cape Coral

Median list
$399,999
Median $/sqft
$234
Median sold (90d)
$384,900
Avg days on market
94
Active listings
2,509
Median sold price · Cape Coral
$382,000last 3 months7% vs $356,900 prior 3 months
Median closed price by month · Cape Coral
2.6% MoM11.3% YoY
$340k$368k$395kJul ’25Jul ’26
$395,000Jul ’26 · 316 sales

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.

Feb 20, 2026Sold$289,000
Jan 19, 2026Listed$299,000

The good, the trade-offs & the location

Pros
  • Built 2017 — post-2002 Florida wind codes (typically lower insurance)
  • Lower flood risk (zone X)
  • Storm protection: Shutters
  • 2-car garage
Location convenienceHigh
Hospital
4.4 mi
Cape Coral Hospital
Beach
12.9 mi
Fort Myers Beach
Airport
9.9 mi
Page Field (Fort Myers)
Shopping
4.9 mi
Coralwood / Merchants Crossing (Cape)

Straight-line distances to major SWFL amenities — approximate; actual drive times vary.

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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.