$505,900
5 Bed SingleFamilyResidence for Sale in Cape Coral
401 SW 32nd Terrace, Cape Coral, FL, 33914
About this home
Home is under-construction and the expected completion date is Nov 12th. Step into Palm Beach, a masterpiece of modern elegance by Terrata Homes, where sophistication meets comfort in one of Cape Coral’s most coveted locations. This five-bedroom home offers a stunning three-car garage, sprawling open-concept design, and an array of high-end finishes that redefine luxury. Every inch of this home has been meticulously designed to impress, offering expansive living spaces, a chef-inspired kitchen, and a resort-style outdoor retreat.
Property details
- Type
- SingleFamilyResidence
- Year built
- 2026
- Interior
- 2,409 sqft
- Lot size
- 12,022.56 sqft
- Acreage
- 0.28 acres
- Garage
- 3 car
- Days on market
- 24
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $7,083/yr
- Flood zone (area est.)
- No · Low risk (X)
- Storm protection
- Impact Windows/Doors
- Exposure
- Southwest
- 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
- No
- 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.
Based on the $/sqft of 6 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.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 326 SW 31st Street | Sep 2025 | $385,000 | 4/2 | 2,470 | $156 |
| 3317 SW 5th Place | Sep 2025 | $575,000 | 4/2 | 2,503 | $230 |
| 3208 SW 1st Place | Apr 2026 | $524,900 | 4/3 | 2,225 | $236 |
| 3411 SW 2nd Avenue | Aug 2026 | $590,000 | 4/3 | 2,293 | $257 |
| 240 SW 37th Lane | Aug 2026 | $475,000 | 4/2 | 2,387 | $199 |
| 928 SW 36th Terrace | Dec 2025 | $510,000 | 4/3 | 2,553 | $200 |
| Average | 6 comps | $509,983 | $213 |
Market trends, Cape Coral
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.
The good, the trade-offs & the location
- Built 2026 — post-2002 Florida wind codes (typically lower insurance)
- Lower flood risk (zone X)
- Storm protection: Impact Windows/Doors
- 3-car garage
Straight-line distances to major SWFL amenities, approximate; actual drive times vary.
Nearby schools
Get more information on their programs, scores, and extracurriculars on each school's page · browse the full schools directory.
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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.