4 Bed Waterfront Home for Sale in Cape Coral
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For SaleMLS# 226023224

$395,015

4 Bed Waterfront Home for Sale in Cape Coral

1013 NE 16TH Terrace, Cape Coral, FL, 33909

4 beds2 baths1,828 sqft2 garage
BoatingWaterfront

About this home

WELCOME TO YOUR NEW DR HORTON HOME!! This is our appealing one-story, open concept, 1828 sqft CALI Floorplan featuring 4 bedrooms, 2 bathrooms, 2-car garage, a covered under-trusses lanai and all concrete block construction. This home sits on a beautiful lot located in Cape Coral. This home boasts Designer cabinets and quartz countertops in both the kitchen and baths. Experience the timeless beauty and durability of Flank Tile Flooring featured throughout the home, modern flat stock trim and baseboards, all stainless kitchen appliances including refrigerator, paver driveways and lanai, and garage door openers. Be wowed by the INCLUDED “home-is-connected” package, plus three years of Alarm.com service. We offer a full builder’s warranty. This is why owning a brand-new home from America’s largest builder is going to be your best option. These beautiful homes move quickly so don’t miss out.

Property details

Type
SingleFamilyResidence
Year built
2026
Interior
1,828 sqft
Lot size
10,454.4 sqft
Acreage
0.24 acres
Garage
2 car
Days on market
71
Total association fees
None
CDD
None
Est. taxes (1.4%)
$5,530/yr
Flood zone (area est.)
Not available
Storm protection
None listed
Exposure
North
Waterfront
Yes
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
Assessment Paid
Sewer
Assessment Paid
New construction
No
Pets
Yes
County
Lee

Maintenance included in the fee

IrrigationWater

What the association dues cover, per the MLS. Confirm the full schedule with the HOA.

At marketThis home is priced in line with comparable recent sales.
This home
$216/sqft
Comp median
$230/sqft
Difference
-6%

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
1206 NW 16th TerraceOct 2025$350,0004/21,787$196
1313 NW 16th TerraceOct 2025$419,0004/31,767$237
1326 NW 10th AvenueNov 2025$419,0004/31,767$237
1119 NW 19th StreetNov 2025$407,0004/31,767$230
1819 NW 9th AvenueJul 2026$350,0004/31,818$193
1804 Nelson RoadFeb 2026$385,0003/21,647$234
Average6 comps$388,333$221

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

Up $4,140 (1.1%) from the original list price.

Aug 26, 2026Price increasedfrom $393,875$395,015
Jun 16, 2026Listed$390,875

The good, the trade-offs & the location

Pros
  • Built 2026 — post-2002 Florida wind codes (typically lower insurance)
  • Waterfront
  • 2-car garage
Location convenienceHigh
Hospital
4.7 mi
Cape Coral Hospital
Beach
16.2 mi
Fort Myers Beach
Airport
10.6 mi
Page Field (Fort Myers)
Shopping
4.1 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.