4 Bed Pool Home for Sale in Cape Coral
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For SaleMLS# 226032171

$629,900

4 Bed Pool Home for Sale in Cape Coral

1927 SW 31st Terrace, Cape Coral, FL, 33914

4 beds3.5 baths2,647 sqft2 garage
BoatingWaterfront

About this home

Motivated Seller, bring offers. Welcome home to this stunning & beautifully updated; 4-bedroom, Den, 3-and 1/2-bathroom, Gulf access Pool home located within the highly desirable SW district of the City of Cape Coral. NO FLOOD INSURANCE REQUIRED, LOCATED IN ZONE "X"; ONE OF THE LOWEST PRICED WATERFRONT HOMES IN SW CAPE CORAL PRICED AT $238 PER SQUARE FOOT! Updates completed in 2026 include, pool pump motor, pebble pool finish, interior and exterior LED lighting, floor coverings, interior and exterior painting (Sherwin Williams), landscaping, irrigation, 2 story Picture Window Pool Screen enclosure, quartz kitchen countertops, white shaker cabinets, stainless-steel built-in appliances, under cabinet lighting, walk-in shower main bathroom, 2nd floor balcony tile, brushed nickel remote controlled ceiling fans and door hardware, epoxy garage floor and LED lightning fixtures. New Concrete Tile roof installed in 2024. Never be without power with your own 22KW Generac Guardian Home Standby Generator. Come enjoy the good life, bring your boat and park it in your tropical backyard oasis at your awesome home alongside your backyard concrete boat dock and seawall. Other features include electric pool heater for year around enjoyment of the pool, high ceilings, cozy up to the warm fireplace with a cup of coffee on those cold nights, fenced in back yard, oversized 2 car Garage, 2 Zone TRANE variable speed heat pump and air conditioner, huge main bedroom and walk in closet, brick paver pool deck, walkway and driveway. Ideally located near top rated schools, premier shopping and sought after dining destinations. Don’t miss out on this ultimate Florida lifestyle.

Property details

Type
SingleFamilyResidence
Year built
1991
Interior
2,647 sqft
Lot size
11,717.64 sqft
Acreage
0.27 acres
Garage
2 car
Days on market
0
Total association fees
None
CDD
None
Est. taxes (1.4%)
$8,819/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
None listed
Exposure
North
Waterfront
Yes
Gulf access
Yes
Gulf access type
Direct — no bridges
Pool
Yes
Spa
No
Natural gas
No
Water
Assessment Paid
Sewer
Assessment Paid
New construction
No
Pets
Yes
County
Lee

Amenities

Sidewalks

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
$238/sqft
Comp median
$210/sqft
Difference
+13%

Based on the $/sqft of 5 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.

AddressSoldSold priceBeds/BathsSq ft$/sqft
2016 SW 28th LaneOct 2025$655,0003/22,596$252
2103 SW 26th TerraceDec 2025$500,0003/22,471$202
2613 SW 22nd PlaceDec 2025$540,0004/32,577$210
2333 SW 21st AvenueMar 2026$780,0004/32,763$282
2662 SW 31st LaneJul 2026$480,0003/22,466$195
Average5 comps$591,000$228

Market trends, Cape Coral Estates / NW 8th–Pelican area

Median list
$399,900
Median $/sqft
$238
Median sold (90d)
$350,000
Avg days on market
77
Active listings
37
Median sold price · Cape Coral Estates / NW 8th–Pelican area
$350,000last 3 months4.1% vs $365,000 prior 3 months

Live community medians from the MLS · see all listings. Indicative, not an appraisal.

The good, the trade-offs & the location

Pros
  • Private pool
  • Gulf access (Direct — no bridges)
  • 2-car garage
Consider
  • Built 1991 — pre-2002 construction may carry older wind codes and higher insurance
  • In a higher-risk flood zone (AE) — flood insurance likely required
Location convenienceHigh
Hospital
5.1 mi
Cape Coral Hospital
Beach
10.7 mi
Fort Myers Beach
Airport
9.4 mi
Page Field (Fort Myers)
Shopping
6 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.