4 Bed 2 Bath Pool Waterfront SingleFamilyResidence for Sale in CAPE CORAL, FL
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SoldMLS# 225049927

$429,000

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

2142 NE 27th Terrace, Cape Coral, FL, 33909

4 beds2 baths1,712 sqft2 garage
GatedBoatingWaterfront

About this home

Discover the Florida lifestyle you've been dreaming of in this beautiful 4-bedroom, 2-bath pool home with a fresh water canal! Built in 2006 and move-in ready, this home offers the perfect blend of comfort, space, and outdoor living! Step inside to a bright and open floor plan with spacious living areas, a functional kitchen, and generously sized bedrooms — perfect for entertaining, or simply relaxing. The split-bedroom layout offers privacy, while large windows let in plenty of natural light. Step out back and you'll fall in love with the screened-in pool and water views — ideal for lounging, hosting, or launching your kayak right from your backyard! Other highlights include: Seawall, boatlift, composite dock, a tiki hut and a Brand New Roof that will be installed pretty soon. NO HOA enjoys freedom with no monthly fees, Located outside the flood zone This gorgeous home is tucked away in a quiet neighborhood, yet just minutes from shopping, dining, and local amenities — this home checks all the boxes for full-time living or an ideal investment. Don’t wait — homes like this don’t last long!

Property details

Type
SingleFamilyResidence
Year built
2006
Interior
1,712 sqft
Lot size
10,672.2 sqft
Acreage
0.24 acres
Garage
2 car
Days on market
148
Total association fees
None
CDD
None
Est. taxes (1.4%)
$6,006/yr
Flood zone (area est.)
No · Low risk (X)
Storm protection
None listed
Exposure
South
Waterfront
Yes
Gulf access
Yes
Gulf access type
Direct — no bridges
Pool
Yes
Spa
Yes
Natural gas
No
Water
Well
Sewer
Septic Tank
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.

Above marketThis home is priced above comparable recent sales.
This home
$251/sqft
Comp median
$218/sqft
Difference
+15%

Based on the $/sqft of 9 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
2133 NE 27th TerraceDec 2025$381,0003/21,551$246
2126 NE 26th StreetNov 2025$497,0003/21,811$274
2222 NE 22nd AvenueMay 2026$350,0003/21,558$225
1837 NE 23rd StreetDec 2025$370,0004/21,831$202
1729 NE 23rd StreetFeb 2026$344,9004/31,683$205
1813 NE 21st StreetJul 2026$395,0003/21,809$218
Average6 comps$389,650$228

Market trends — Cape Coral

Median list
$399,999
Median $/sqft
$234
Median sold (90d)
$384,900
Avg days on market
93
Active listings
2,525
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 · 314 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 $93,000 (19.8%) from the original list price.

Nov 26, 2025Sold$376,000
Oct 24, 2025Price reducedfrom $435,000$429,000
Oct 24, 2025Back on market
May 23, 2025Listed$469,000

The good, the trade-offs & the location

Pros
  • Built 2006 — post-2002 Florida wind codes (typically lower insurance)
  • Lower flood risk (zone X)
  • Private pool
  • Gulf access (Direct — no bridges)
  • 2-car garage
Location convenienceHigh
Hospital
4.9 mi
Cape Coral Hospital
Beach
17.3 mi
Fort Myers Beach
Airport
9 mi
Page Field (Fort Myers)
Shopping
3.7 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.