$699,999
4 Bed 3 Bath Pool Waterfront SingleFamilyResidence for Sale in CAPE CORAL, FL
228 SE 31ST Terrace, Cape Coral, FL, 33904
About this home
Step inside and be instantly drawn to sweeping canal views that set the tone for this beautifully maintained, one-owner home in the heart of SE Cape Coral. Centrally located and close to restaurants, grocery stores, shops, salons, and everyday conveniences, this home offers the perfect blend of comfort, location, and Florida charm. Designed for both relaxing and entertaining, this 4-bedroom, 3 full-bath home features a 2-car garage, two spacious living areas, and a formal dining room—ideal for gatherings big or small. The generous layout includes a large laundry room, walk-in shower with stand alone tub in the primary, a shower/tub combo, PLUS a full pool bath with walk in shower, offering flexibility for family and guests. Outside, your private oasis awaits with a pool and spa overlooking the canal, perfect for unwinding, entertaining, or soaking up the Florida sunshine year-round. With lift in place and a newly renovated deck, you can have your boat at home, having Gulf Access with one bridge. Enjoy peace of mind with major updates already completed: Roof (2023), Appliances (2023), Pool screen (2023), Exterior door (2020) This is more than a house—it’s a lifestyle. Come see it today and start living the Florida dream
Property details
- Type
- SingleFamilyResidence
- Year built
- 2002
- Interior
- 2,481 sqft
- Lot size
- 10,018.8 sqft
- Acreage
- 0.23 acres
- Garage
- 2 car
- Days on market
- 7
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $9,800/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
- Yes
- 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 5 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.
Seeing several homes? Build a tour and we'll route it for you.
Your notes on this home
Keep private notes on this home — what you love, what to ask about — saved to your account and shared with your agent.
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 |
|---|---|---|---|---|---|
| 212 SE 31st Terrace | Feb 2026 | $720,000 | 4/3 | 2,673 | $269 |
| 113 SE 28th Terrace | Dec 2025 | $715,000 | 3/2 | 2,281 | $313 |
| 3538 SE 1st Place | Jul 2026 | $669,900 | 3/2 | 2,293 | $292 |
| 610 W Archer Parkway | Nov 2025 | $620,000 | 4/2 | 2,353 | $263 |
| 115 SE 39th Street | Mar 2026 | $755,000 | 4/3 | 2,296 | $329 |
| Average | 5 comps | $695,980 | $293 |
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 $22,499 (3.2%) from the original list price.
| Apr 21, 2026 | Sold | $677,500 |
| Feb 6, 2026 | Listed | $699,999 |
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.
Similar homes nearby
$648,400
MLS# 2025026333906 SW 12th Terrace, Cape Coral, FL, 33991
$649,500
MLS# 20250225843020 SW 10th Place, Cape Coral, FL, 33914
$649,500
MLS# 20260197501030 SW 15th Avenue, Cape Coral, FL, 33991
$649,500
MLS# 20260156421022 SW 15th Avenue, Cape Coral, FL, 33991
$675,000
MLS# 20250054415609 Harbour Circle, Cape Coral, FL, 33914
$799,000
MLS# 20260090361722 SW 45th Street, Cape Coral, FL, 33914
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.