Waterfront Home for Sale in Cape Coral, FL, $89,000
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For SaleMLS# 226027563

$89,000

Waterfront Home for Sale in Cape Coral, FL, $89,000

2310 SW 16th Terrace, Cape Coral, FL, 33991

— beds— baths— sqft
GatedBoatingWaterfront

About this home

SOUTHERN EXPOSURE FRESH WATER CANAL!!! This is the lot you have been waiting for. Do not miss this opportunity to make this property your home. This is a great quite neighborhood close to schools and parks.

Property details

Type
Residential
Year built
Not specified
Interior
Not specified
Lot size
10,018.8 sqft
Acreage
0.23 acres
Garage
None
Days on market
0
Total association fees
None
CDD
None
Est. taxes (1.4%)
$1,246/yr
Flood zone (area est.)
Yes · High risk (AE)
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 Unpaid
Sewer
Assessment Unpaid
New construction
No
Pets
Not specified
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.

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Your notes on this home

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Market trends — Cape Coral

Median list
$400,000
Median $/sqft
$234
Median sold (90d)
$385,000
Avg days on market
94
Active listings
2,500
Median sold price · Cape Coral
$384,999last 3 months7.2% vs $359,000 prior 3 months
Median closed price by month · Cape Coral
2.4% MoM11% YoY
$340k$367k$394kJul ’25Jul ’26
$394,000Jul ’26 · 394 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.

The good, the trade-offs & the location

Pros
  • Waterfront
Consider
  • In a higher-risk flood zone (AE) — flood insurance likely required
  • No garage listed
Location convenienceHigh
Hospital
4.8 mi
Cape Coral Hospital
Beach
12.5 mi
Fort Myers Beach
Airport
10 mi
Page Field (Fort Myers)
Shopping
5.4 mi
Coralwood / Merchants Crossing (Cape)

Straight-line distances to major SWFL amenities — approximate; actual drive times vary.

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Nearby schools

NRTrafalgar Elementary SchoolElementary · public · 0.3 miBChallenger Middle SchoolMiddle · public · 2.0 miNRIda S. Baker High SchoolHigh · public · 2.6 miNRChristian Life AcademyK-8 · private · 0.8 miAOasis Elementary School - NorthElementary · charter · 1.9 miNRThe Cape AcademyK-8 · private · 2.0 mi

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.