Price Reduction - Waterfront - Primary on Main
Address
420 Se 15th Terrace, Cape Coral, FL
Price
$ 369,500
Property Attributes
- MLS#2026033240
- TypeSingle Family
- Listing Status Active
- CountyLee
- CityCape Coral
- AreaCC14 - Cape Coral Unit 16,18,22-
- NeighborhoodCAPE CORAL
- Zip33990
- StyleRanch, One Story
- Year Built1988
- Taxes$ 6700
- Price$ 369,500
- Bedrooms3
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1873
- Lot Size0.23 Acres
Data Source:
Florida Gulf Coast MLS (SWFLMLS)
Property Description
**GREAT INVESTMENT OPPORTUNITY – NOT IN A FLOOD ZONE X – TENANT IN PLACE – SOUTHERN EXPOSURE WATERFRONT HOME!** Fantastic investment opportunity! Beautiful **concrete block waterfront home** with 3 bedrooms, 2 baths, 2-car garage and southern exposure on a freshwater canal. Tenant in place through **April 1st, paying $1,950/month and taking care of the lawn.** Start collecting rental income immediately while owning a beautifully updated waterfront property! Located in ** Not In Flood Zone X**, with **city water and sewer**, canal views, brick paver driveway and a **fully fenced property**. White vinyl fencing in front and Left Side with chain-link fencing along the right sides and rear provides security for pets and family while preserving the water views. A HUGE highlight is the **2025 stone-coated STEEL ROOF that looks like beautiful tile!** Get the upscale appearance of tile with the strength, durability and benefits of a metal roof—a combination that can be favorable from an insurance standpoint. **3-nail roof strapping** was also completed in 2025 to help with insurance rates. Seller would prefer to keep this income-producing property but needs to sell to complete another property, creating a great opportunity for the next owner. Enter through double doors into a spacious home with high ceilings, tile throughout the main living areas and **hurricane-impact windows, doors and sliders**. Huge living room with recessed lighting and a 3-panel impact-glass pocket slider opening to the lanai for true indoor-outdoor living. Remodeled kitchen features **quartz countertops, real wood cabinets**, U-shaped counter, large pantry and spacious dining area with bay windows. Bedrooms feature waterproof luxury vinyl plank flooring. Primary suite has double sliders to the oversized lanai and a remodeled spa-like bath with quartz vanity, walk-in shower, decorative stone accents, built-in niches, handheld and rain showers, plus LED lighting. Remodeled guest bath offers quartz countertop, real wood cabinetry and tub/shower. Outside, enjoy a **large concrete patio, southern exposure and freshwater canal views**, perfect for entertaining, barbecuing and relaxing. Interior laundry with newer washer/dryer, storage shed and 2-car garage with insulated hurricane-rated garage door. **UPGRADES:** **2026** New hot water heater. **2025** Stone-coated steel roof, 3-nail strapping, remodeled kitchen & baths, quartz counters, real wood cabinets, waterproof vinyl plank bedroom flooring, interior & exterior painted. **2022** New A/C with UV lighting. **2017** High-impact windows, doors & sliders; paver driveway. **2014** Re-piped with CPVC. Close to **schools, shopping, dining, restaurants, hospitals and everyday conveniences.** Immediate rental income, major upgrades, Flood Zone X, city water/sewer, full fencing, southern exposure and canal frontage. **GREAT INVESTMENT AT A GREAT PRICE – DON'T MISS OUT!**
| Price History | |
|---|---|
| 8/17/2026 | Listed $375,000 |
| 9/10/2026 | 1$369,500 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Central,Electric |
| Cooling | Central Air,Ceiling Fan(s),Electric |
| Utilities | Cable Available,High Speed Internet Available |
| Possession | Close Of Escrow |
| Roof | Metal |
| Appliances | Dryer,Dishwasher,Electric Cooktop,Disposal,Ice Maker,Microwave,Refrigerator,RefrigeratorWithIce Maker,Washer |
| Garage Spaces | 2 |
| Association Fee Includes | None |
| Patio/Porch Features | Open,Patio,Porch |
| Architectural Style | Ranch,One Story |
| Security Features | None,Smoke Detector(s) |
| Construction Materials | Block,Concrete,Stucco |
| Pets Allowed | Call,Conditional |
| Year Built | 1988 |
| View | Canal,Landscaped,Water |
| Stories Count | 1 |
| Property Subtype | Single Family Residence |
| Tax Year | 2025 |
| Ownership | Single Family |
| Waterfront Features | Canal Access,Seawall |
| Community Features | Boat Facilities,Non-Gated |
| County | Lee |
| Property Type | Residential |
| Association Amenities | None,Management |
| HOA | false |
| Attached Garage | true |
| Subdivision Name | CAPE CORAL |
| Facing Direction | North |
| Garage Y/N | true |
| Full Baths | 2 |
| Status | Active |
| Directions | Santa Barbara turn east on SE 15th Ter., turn left on SE 2nd Pl., turn right on SE 15th St. and home will be near the end of the Street on your right hand side. |
| City | Cape Coral |
| Disclosures | RV Restriction(s) |
| Senior Community Y/N | false |
| MLS Area | CC14 - Cape Coral Unit 16,18,22- |
| Lot Size Units | Acres |
| Carport Y/N | false |
| Tax Annual Amount | 6700 |
| Property Condition | Resale |
| Virtual Tour | https://www.propertypanorama.com/instaview/fgcmls/2026033240 |
| Standard Status | Active |
| Tax Lot | 62 |
| Property Sub Type Additional | Single Family Residence |
| PostalCity | Cape Coral |
| Legal Description | CAPE CORAL UNIT 24 BLK.1014 PB 14 PG 68 LOTS 62 + 63 |
Interior Features
| Interior Amenities | Breakfast Bar,Bedroom on Main Level,Closet Cabinetry,Separate/Formal Dining Room,Eat-in Kitchen,French Door(s)/Atrium Door(s),Main Level Primary,Pantry,Split Bedrooms,Shower Only,Separate Shower,Cable TV,Vaulted Ceiling(s),Window Treatments |
|---|---|
| Flooring | Tile,Vinyl |
| Furnished Y/N | Unfurnished |
| Total Stories | 1 |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Window Features | Impact Glass,Window Coverings |
| Laundry Features | Inside |
| Total Bedrooms | 3 |
| Room Type | Family Room,Great Room |
| LivingAreaSource | Appraiser |
| Total Baths | 2 |
Exterior Features
| Gulf Access | false |
|---|---|
| Exterior Amenities | Fence,Security/High Impact Doors,Patio,Storage |
| Parking Features | Attached,Covered,Driveway,Garage,Paved,Two Spaces,Garage Door Opener |
| Lot Features | Rectangular Lot |
| Water Source | Public |
| Lot Size Area | 0.23 |
| Spa | false |
| Building Area Total | 2321 |
| Lot Dimensions | 80 x 125 x 80 x 125 |
| Lot Size Acres | 0.23 |
| Road Surface Type | Paved |
| Private Pool | false |
| Lot Size Source | Appraiser |
| Waterfront Y/N | true |
| Covered Spaces | 2 |
| Door Features | French Doors,Sliding Doors |
| LotDimensionsSource | Appraiser |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 33990
Price
Taxes
Year Built
In The Neighborhood
Just Listed
Cape Coral
$ 440,000
233 Se 31st Street
Cape Coral, FL 33904
- Type
- Single Family
- Size
- 1,915 SqFt
- Rooms
- 3 Beds + 2 Baths
Just Listed
Cape Coral
$ 270,000
1613 Sw 17th Avenue
Cape Coral, FL 33991
- Type
- Single Family
- Size
- 1,272 SqFt
- Rooms
- 3 Beds + 2 Baths
Just Listed
Cape Coral
$ 475,000
309 Se 31st Terrace
Cape Coral, FL 33904
- Type
- Single Family
- Size
- 2,015 SqFt
- Rooms
- 4 Beds + 2 Baths
Just Listed
Cape Coral
$ 329,900
4231 Nw 32nd Lane
Cape Coral, FL 33993
- Type
- Single Family
- Size
- 1,683 SqFt
- Rooms
- 4 Beds + 3 Baths
Viewed
Cape Coral
$ 975,000
5232 Sw 16th Place
Cape Coral, FL 33914
- Type
- Single Family
- Size
- 2,437 SqFt
- Rooms
- 4 Beds + 2 Baths
Just Listed
Cape Coral
$ 275,000
632 Se 35th Street
Cape Coral, FL 33904
- Type
- Single Family
- Size
- 1,359 SqFt
- Rooms
- 3 Beds + 2 Baths
Just Listed
Cape Coral
$ 574,900
3603 Sw 5th Place
Cape Coral, FL 33914
- Type
- Single Family
- Size
- 2,108 SqFt
- Rooms
- 3 Beds + 2 Baths
Just Listed
Cape Coral
$ 1,225,000
1225 Nw 33rd Avenue
Cape Coral, FL 33993
- Type
- Single Family
- Size
- 2,347 SqFt
- Rooms
- 4 Beds + 3 Baths
Just Listed
Cape Coral
$ 575,000
1423 Sw 21st Avenue
Cape Coral, FL 33991
- Type
- Single Family
- Size
- 1,915 SqFt
- Rooms
- 4 Beds + 3 Baths
Just Listed
Cape Coral
$ 684,900
2001 Sw 8th Court
Cape Coral, FL 33991
- Type
- Single Family
- Size
- 2,000 SqFt
- Rooms
- 3 Beds + 3 Baths
Just Listed
Cape Coral
$ 369,000
256 Se 46th Terrace
Cape Coral, FL 33904
- Type
- Single Family
- Size
- 1,297 SqFt
- Rooms
- 3 Beds + 2 Baths
Just Listed
Cape Coral
$ 449,900
3832 Sw 20th Avenue
Cape Coral, FL 33914
- Type
- Single Family
- Size
- 1,668 SqFt
- Rooms
- 3 Beds + 2 Baths
Just Listed
Cape Coral
$ 470,000
4626 Sw 23rd Avenue
Cape Coral, FL 33914
- Type
- Single Family
- Size
- 1,505 SqFt
- Rooms
- 3 Beds + 2 Baths
All information regarding a property for sale, rental or financing, school information and public tax records is from sources deemed reliable; PROVIDED, HOWEVER, that representations and warranties are not made about the accuracy thereof, and such information is subject to errors, omissions, updates, modifications, changes of price, rent rates, commissions, prior sales, leases or financing, changes in school boundaries, or withdrawal without notice. All information displayed on this Website should
© 2026 Florida Gulf Coast MLS (FGCMLS) Information deemed reliable, but not guaranteed. The IDX data relating to real estate for sale on this web site comes in part from the Florida Gulf Coast Multiple Listing Service. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
This data is up-to-date as of September 25, 2026 3:48 PM UTC Some properties that appear for sale on this website may subsequently have sold and may no longer be available. For the most current information, contact Alex King Group - Premiere Plus Realty.
The information provided is for consumers' personal, non-commercial use and may not be used for any other purpose. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program (BR Program) of M.L.S.
