$669,500
4 Bed Pool Home for Sale in Cape Coral
2127 NE 1st Terrace, Cape Coral, FL, 33909
About this home
Brand-new 4-bedroom, 3-bath pool home with canal access built by MAGNA Homes featuring an open-concept layout, 3-car garage with epoxy flooring, and located outside of a flood zone (no flood insurance required). Designed for both comfort and entertaining, the home offers seamless living, dining, and kitchen areas with abundant cabinetry, premium finishes, and custom built-in closets throughout. Enjoy a private outdoor retreat with an oversized pool, heather, integrated spa, full screen enclosure, and a fully equipped outdoor kitchen with sink and under-counter refrigerator. Additional features a paver driveway and pool deck, and a complete irrigation system. Built with durability in mind, this property includes reinforced poured concrete columns spaced every four feet or less, a 24-gauge Kynar-coated metal roof, and impact-resistant windows and doors rated up to ±80 PSF. Conveniently located near major roadways with easy access to shopping, dining, and everyday essentials, this home offers a perfect balance of quality construction, functionality, and Florida living. Conveniently located close to Lee Health Hospital, Caloosa Elementary and Middle School.
Property details
- Type
- SingleFamilyResidence
- Year built
- 2026
- Interior
- 2,108 sqft
- Lot size
- 10,018.8 sqft
- Acreage
- 0.23 acres
- Garage
- 3 car
- Days on market
- 0
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $9,373/yr
- Flood zone (area est.)
- No · Low risk (X)
- Storm protection
- Impact Windows/Doors
- 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
- Yes
- 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 4 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 |
|---|---|---|---|---|---|
| 206 NE 21st Avenue | Aug 2026 | $549,000 | 4/2 | 2,010 | $273 |
| 29 NE 20th Court | Aug 2026 | $595,000 | 4/3 | 2,145 | $277 |
| 401 NE 19th Place | May 2026 | $585,000 | 3/3 | 2,164 | $270 |
| 1625 NE 5th Terrace | Jan 2026 | $550,000 | 3/3 | 1,968 | $279 |
| Average | 4 comps | $569,750 | $275 |
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.
The good, the trade-offs & the location
- Built 2026 — post-2002 Florida wind codes (typically lower insurance)
- New construction
- Lower flood risk (zone X)
- Private pool
- Waterfront
- Storm protection: Impact Windows/Doors
- 3-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.