5 Bed 4 Bath SingleFamilyResidence for Sale in CAPE CORAL, FL
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SoldMLS# 2025003717

$679,900

5 Bed 4 Bath SingleFamilyResidence for Sale in CAPE CORAL, FL

1416 SE 29th Terrace, Cape Coral, FL, 33904

5 beds4 baths2,809 sqft2 garage

About this home

Don't miss this opportunity! Beautiful new construction property with plenty of space for a pool, which already has the hookups for the pool. THIS AMAZING PROPERTY INCLUDES AN IN-LAW'S SUITE/GUEST SPACE WITH A SEPARATE KITCHEN, BATHROOM, AND BEDROOM. IT IS CONNECTED TO THE MAIN HOUSE THROUGH THE LAUNDRY AND HAS A PRIVATE DOOR TO THE OUTSIDE. Beautiful kitchen with wood cabinets all the way to the ceiling. Spacious built-in closets. Master bedroom counts with 2 sinks on opposite side with a makeup vanity in one side and 2 enormous closets. Master bath includes a jacuzzi, and ceiling shower and wall massager. Huge lanai and it features an outdoor kitchen. Plenty of driveway for many cars. The house has a security system already installed and has speakers throughout the house for refreshing music everywhere you go inside. Great investment home!

Property details

Type
SingleFamilyResidence
Year built
2025
Interior
2,809 sqft
Lot size
10,018.8 sqft
Acreage
0.23 acres
Garage
2 car
Days on market
76
Total association fees
None
CDD
None
Est. taxes (1.4%)
$9,519/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
Impact Windows/Doors
Exposure
South
Waterfront
No
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
Assessment Paid
Sewer
Assessment Paid
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.

At marketThis home is priced in line with comparable recent sales.
This home
$242/sqft
Comp median
$243/sqft
Difference
0%

Based on the $/sqft of 4 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
3406 SE 17th AvenueSep 2025$665,0004/32,615$254
3823 SE 13th AvenueOct 2025$575,0005/32,670$215
1507 SE 21st StreetNov 2025$617,0004/32,657$232
212 SE 31st TerraceFeb 2026$720,0004/32,673$269
Average4 comps$644,250$243

Market trends — Cape Coral

Median list
$399,999
Median $/sqft
$234
Median sold (90d)
$384,945
Avg days on market
94
Active listings
2,500
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 · 316 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 $169,000 (21.4%) from the original list price.

Oct 29, 2025Sold$620,000
Oct 2, 2025Price reducedfrom $719,900$679,900
Aug 3, 2025Listed$789,000

The good, the trade-offs & the location

Pros
  • Built 2025 — post-2002 Florida wind codes (typically lower insurance)
  • New construction
  • Storm protection: Impact Windows/Doors
  • 2-car garage
Consider
  • In a higher-risk flood zone (AE) — flood insurance likely required
Location convenienceHigh
Hospital
2.5 mi
Cape Coral Hospital
Beach
10 mi
Fort Myers Beach
Airport
5.1 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.