$615,000
4 Bed 3.5 Bath Pool Waterfront SingleFamilyResidence for Sale in CAPE CORAL, FL
1702 NW 2nd Terrace, Cape Coral, FL, 33993
About this home
Second chance alert! Buyer’s default means your PRISTINE DREAM HOME is active again. Don’t miss out! - Your Waterfront Paradise in Quiet Cape Coral – Move-In Ready! This well-cared-for home shows the pride of ownership. HOME ALREADY INSPECTED BY SELLERS!! Discover this stunning 4-bedroom, 3-bath home (PLUS an extra private bunk room/den in an added storage building/workshop) 3 car garage with plenty of storage and PLENTY of parking for 6 extra cars on the driveway on an extra-large 4-lot parcel with direct access to freshwater canals. ENJOY BREATHTAKING SOUTHFACING WATERFRONT VIEWS with GORGEOUS SUNRISES AND SUNSETS right from your screen lanai and saltwater pool. FULLY FENCED in back yard for your fur babies. Key Features: HEATED SALTWATER POOL WITH BRAND NEW SCREEN ENCLOSURE (2023) – recently inspected and ready for year-round enjoyment Jet ski floating dock – perfect for kayaking, fishing, and exploring miles of fresh water connected canals (great for pontoons, bass boats, and John boats) R/V AND BOAT PARKING with two concrete pads behind the fence for parking. COMPLETELY UPGRADED KITCHEN WITH QUARTZ COUNTERTOPS THROUGHOUT THE HOME! Stainless Steel Appliances, BRAND NEW GARAGE FLOOR EPOXY, brand new carpet, and fresh paint throughout! Fully updated & move-in ready: NEW ROOF (2023), NEW HVAC (2023), BRAND NEW WATER HEATER and seller has ALREADY COMPLETED a FULL PRELISTING INSPECTION with ALL REPAIRS DONE– Whole-home generator hook-up already wired at the electrical panel Lots of storage space and highly maintained with attentive care Located in a peaceful, low-traffic, safe, quiet neighborhood – ideal for walking, biking, and family-friendly living. No flood insurance required. Convenient to shopping, restaurants, Matlacha, Pine Island, and nearby boat ramps (Burnt Store & Tropicana Park). Not involved in any utility assessments or sewer expansion projects. This waterfront home offers the Florida lifestyle you’ve been dreaming of – south-facing sunrises & sunsets on the water, peaceful canal views, and low-maintenance luxury. Ready for your next chapter? Schedule your private showing today!
Property details
- Type
- SingleFamilyResidence
- Year built
- 2006
- Interior
- 2,535 sqft
- Lot size
- 19,998.396 sqft
- Acreage
- 0.46 acres
- Garage
- 3 car
- Days on market
- 57
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $8,610/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- None listed
- Exposure
- South
- Waterfront
- Yes
- Gulf access
- Yes
- Gulf access type
- Direct — no bridges
- Pool
- Yes
- Spa
- No
- Natural gas
- No
- Water
- Well
- Sewer
- Septic Tank
- New construction
- No
- Pets
- Yes
- County
- Lee
Amenities
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.
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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.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 1434 SW 1st Street | Jun 2026 | $750,000 | 4/4 | 2,416 | $310 |
| 209 SW 10th Place | Apr 2026 | $480,000 | 4/3 | 2,396 | $200 |
| 1028 NW 9th Avenue | Dec 2025 | $485,000 | 4/3 | 2,351 | $206 |
| 1206 SW 18th Avenue | Aug 2025 | $525,000 | 4/3 | 2,431 | $216 |
| 901 NW 3rd Place | Apr 2026 | $475,000 | 4/3 | 2,553 | $186 |
| Average | 5 comps | $543,000 | $224 |
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 $55,000 (8.5%) from the original list price.
| Jul 13, 2026 | Sold | $595,000 |
| May 21, 2026 | Price reducedfrom $630,000 | $615,000 |
| Apr 27, 2026 | Back on market | |
| Apr 11, 2026 | Listed | $650,000 |
The good, the trade-offs & the location
- Built 2006 — post-2002 Florida wind codes (typically lower insurance)
- Private pool
- Gulf access (Direct — no bridges)
- 3-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.