4 Bed Pool Home for Sale in Cape Coral
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For SaleMLS# 2026037451

$434,000

4 Bed Pool Home for Sale in Cape Coral

1121 NE 11th Terrace, Cape Coral, FL, 33909

4 beds2 baths2,394 sqft2 garage
BoatingWaterfront

About this home

Freshwater canal frontage, a private pool, and 2,394 square feet under air on a full double lot. This 4 bedroom, 2 bath Cape Coral home sits on 10,000 square feet with water views out back and room most homes in this price range don't have. The expensive items are already done. Roof is 5 years old, A/C is under a year, water heater is a year old. Block construction, single story, 2 car attached garage, city water and sewer, no septic and no assessments to worry about. Solar panels are in place under a transferable lease, which helps keep electric costs predictable. No HOA and no minimum lease period, so annual or seasonal rental strategies stay open. At $181 per square foot for a 4 bed pool home on water with City Water, the value here is hard to match in Cape Coral. Bring your buyer and take a look. Schedule your Showing Now.

Property details

Type
SingleFamilyResidence
Year built
1986
Interior
2,394 sqft
Lot size
10,018.8 sqft
Acreage
0.23 acres
Garage
2 car
Days on market
0
Total association fees
None
CDD
None
Est. taxes (1.4%)
$6,076/yr
Flood zone (area est.)
No · Low risk (X)
Storm protection
Shutters
Exposure
North
Waterfront
Yes
Gulf access
No
Gulf access type
N/A
Pool
Yes
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.

At marketThis home is priced in line with comparable recent sales.
This home
$181/sqft
Comp median
$177/sqft
Difference
+2%

Based on the $/sqft of 4 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
1219 NE 5TH PlaceJun 2026$429,9994/32,336$184
1317 NE 5th PlaceApr 2026$410,0004/22,406$170
627 NE 7th TerraceFeb 2026$426,5004/22,204$194
1137 NE 4th PlaceJun 2026$384,9004/22,557$151
Average4 comps$412,850$175

Market trends, Cape Coral

Median list
$399,000
Median $/sqft
$233
Median sold (90d)
$384,999
Avg days on market
92
Active listings
2,465
Median sold price · Cape Coral
$384,990last 3 months7.2% vs $359,000 prior 3 months
Median closed price by month · Cape Coral
4.6% MoM3.6% YoY
$340k$365k$390kJul ’25Sep ’26
$362,495Sep ’26 · 28 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.

The good, the trade-offs & the location

Pros
  • Lower flood risk (zone X)
  • Private pool
  • Waterfront
  • Storm protection: Shutters
  • 2-car garage
Consider
  • Built 1986 — pre-2002 construction may carry older wind codes and higher insurance
Location convenienceHigh
Hospital
2.8 mi
Cape Coral Hospital
Beach
15.3 mi
Fort Myers Beach
Airport
8 mi
Page Field (Fort Myers)
Shopping
1.7 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.