4 Bed Waterfront Home for Sale in Cape Coral
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SoldMLS# 225037464

$464,900

4 Bed Waterfront Home for Sale in Cape Coral

302 SE 15th Terrace, Cape Coral, FL, 33990

4 beds2 baths2,330 sqft2 garage
BoatingWaterfront

About this home

4.99% interest available + closing cost contribution* This perfect 4-bedroom + den split-bedroom ranch with High Ceilings and 2,330 sq ft of highly functional living space sits on the Isabelle Canal with a new concrete seawall — all with rear southern exposure and in a super convenient SE Cape Coral location. City Utilities connected with all assessments paid except the wastewater. NO FLOOD INSURANCE REQUIRED (Zone X). Ask about available incentives! This open, light, and airy floor plan is loaded with upgrades: Plank ceramic tile throughout, Granite countertops throughout, Stainless steel appliance package (fridge, dishwasher, range, microwave), 5' tiled master shower with frameless glass door, 1' step-up tray ceilings in the living room, master bedroom, and dining room, French glass doors leading to a spacious 23' x 8' covered lanai (under truss), Full irrigation system, 25-year dimensional roof shingles, Energy-efficient thermal double-pane windows with hurricane shutters, and our unmatched 1/2/10 year builder warranty. MLS listing data is subject to errors and omissions. Price and availability are subject to change without notice.

Property details

Type
SingleFamilyResidence
Year built
2025
Interior
2,330 sqft
Lot size
10,018.8 sqft
Acreage
0.23 acres
Garage
2 car
Days on market
176
Total association fees
None
CDD
None
Est. taxes (1.4%)
$6,509/yr
Flood zone (area est.)
No · Low risk (X)
Storm protection
None listed
Exposure
South
Waterfront
Yes
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
Assessment Paid
Sewer
Public Sewer
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.

Above marketThis home is priced above comparable recent sales.
This home
$200/sqft
Comp median
$186/sqft
Difference
+8%

Based on the $/sqft of 14 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
402 SE 15th TerraceMar 2026$365,0003/22,252$162
411 SE 17th StreetJul 2026$425,0004/22,344$181
317 SE 13th TerraceMar 2026$439,9004/22,338$188
423 SE 17th TerraceJun 2026$352,5003/22,405$147
228 Nicholas ParkwayDec 2025$435,0003/32,177$200
164 SE 19th LaneSep 2025$435,0004/32,296$189
Average6 comps$408,733$178

Market trends, Cape Coral

Median list
$399,000
Median $/sqft
$232
Median sold (90d)
$384,900
Avg days on market
92
Active listings
2,487
Median sold price · Cape Coral
$384,995last 3 months5.5% vs $365,000 prior 3 months
Median closed price by month · Cape Coral
1.3% MoM7.1% YoY
$340k$365k$390kJul ’25Sep ’26
$375,000Sep ’26 · 74 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 $31,100 (6.6%) from the original list price.

Nov 26, 2025Sold$439,900
Oct 18, 2025Price reducedfrom $473,900$464,900
Jul 28, 2025Back on market
Apr 11, 2025Listed$471,000

The good, the trade-offs & the location

Pros
  • Built 2025 — post-2002 Florida wind codes (typically lower insurance)
  • New construction
  • Lower flood risk (zone X)
  • Waterfront
  • 2-car garage
Location convenienceHigh
Hospital
1.6 mi
Cape Coral Hospital
Beach
11.9 mi
Fort Myers Beach
Airport
7 mi
Page Field (Fort Myers)
Shopping
2.5 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.