4 Bed Waterfront Home for Sale in Cape Coral
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For SaleMLS# 226003108

$329,900

4 Bed Waterfront Home for Sale in Cape Coral

1629 SW 2nd Terrace, Cape Coral, FL, 33991

4 beds2 baths1,783 sqft2 garage
GatedBoatingWaterfront

About this home

Well-priced Waterfront 4-bedroom home in central Cape Coral is close to everything. The 2015-built home has an Open kitchen with Stainless Steel Appliances and tile floors in the living and wet areas. A nice seawall runs along the back of the property, with plenty of room for a pool. The master bedroom has dual sinks and a huge walk-in closet with a separate tub and shower. Washer & dryer are included. Well maintained. Enjoy your morning coffee with an intersecting canal view on your back covered screened lanai. Public Water and sewer, and located in a very good location/neighborhood.

Property details

Type
SingleFamilyResidence
Year built
2015
Interior
1,783 sqft
Lot size
10,018.8 sqft
Acreage
0.23 acres
Garage
2 car
Days on market
223
Total association fees
None
CDD
None
Est. taxes (1.4%)
$4,619/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
None listed
Exposure
North
Waterfront
Yes
Gulf access
Yes
Gulf access type
Indirect — bridges/locks
Pool
No
Spa
No
Natural gas
No
Water
Assessment Unpaid
Sewer
Assessment Unpaid
New construction
No
Pets
Yes
County
Lee

Amenities

Management

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
$185/sqft
Comp median
$192/sqft
Difference
-4%

Based on the $/sqft of 11 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
1700 SW 3rd StreetMar 2026$335,0003/21,671$200
112 NW 15th PlaceDec 2025$380,0004/21,800$211
1619 NW 2nd StreetApr 2026$320,0004/21,774$180
1725 NW 2nd StreetJun 2026$327,0004/31,683$194
1420 NW 1st TerraceDec 2025$319,0003/21,758$181
2024 NW 1st StreetJun 2026$349,5004/31,818$192
Average6 comps$338,417$193

Market trends, Cape Coral

Median list
$399,000
Median $/sqft
$232
Median sold (90d)
$385,000
Avg days on market
94
Active listings
2,481
Median sold price · Cape Coral
$385,000last 3 months7.2% vs $359,000 prior 3 months
Median closed price by month · Cape Coral
1.3% MoM8.4% YoY
$340k$365k$390kJul ’25Aug ’26
$384,750Aug ’26 · 413 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 $49,100 (13%) from the original list price.

Aug 27, 2026Price reducedfrom $341,000$329,900
Jan 20, 2026Listed$379,000

The good, the trade-offs & the location

Pros
  • Built 2015 — post-2002 Florida wind codes (typically lower insurance)
  • Gulf access (Indirect — bridges/locks)
  • 2-car garage
Consider
  • In a higher-risk flood zone (AE) — flood insurance likely required
Location convenienceHigh
Hospital
4.1 mi
Cape Coral Hospital
Beach
14 mi
Fort Myers Beach
Airport
10 mi
Page Field (Fort Myers)
Shopping
4.3 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.