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420 SE 15th Terrace, Cape Coral, FL 33990
Active
36 Days on Market
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$369,500

420 SE 15th Terrace

Cape Coral, FL 33990

CAPE CORAL

Explore the area: Lee County real estate

How this price compares

List price
$369,500
Price per sq ft
N/A
Original price
$375,000
Days on market
36

This 3-bedroom single-family home is listed at $369,500. The asking price has come down 1.5% from its original $375,000. It has been on the market for 36 days.

3
Bedrooms
2
Bathrooms
0
Living Sq Ft
1988
Year Built

Estimated monthly payment

$1,942 /mo

Principal and interest only, based on $73,900 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.

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Listing Snapshot

Price
$369,500
Days on Site
36 Days
Bedrooms
3
Total Baths
2
Full Baths
2
Year Built
1988
Property Type
Single Family
MLS #
A12073177
Property Tax
$6,700 (2026)
Subdivision
CAPE CORAL
County
Lee
Status
Active

About This Property

GREAT INVESTMENT OPPORTUNITY—NOT IN A FLOOD ZONE! TENANT IN PLACE! Beautiful concrete-block waterfront home with 3 bedrooms, 2 baths, 2-car garage, southern exposure and freshwater canal frontage. Tenant in place through April 1st, paying $1,950/month and maintaining the lawn, providing immediate rental income. Located in Flood Zone X with city water and sewer, a paver driveway and fully fenced yard. A highlight is the 2025 stone-coated STEEL ROOF, combining the upscale look of tile with the strength and durability of metal. Three-nail roof strapping was also completed in 2025. Enter through double doors to high ceilings, tile throughout the main living areas and hurricane-impact windows, doors and sliders. The living room features recessed lighting and a 3-panel pocket slider opening to the oversized lanai. Remodeled kitchen offers quartz countertops, real wood cabinets, U-shaped counter, large pantry and dining area with bay windows. Bedrooms feature waterproof luxury vinyl plank flooring. The primary suite includes lanai access and a remodeled spa-like bath with quartz vanity, walk-in shower, niches, handheld and rain showers. Remodeled guest bath also features quartz and wood cabinetry. Enjoy a large concrete patio and peaceful canal views. Interior laundry, shed and hurricane-rated garage door. UPGRADES: 2026 water heater; 2025 roof, kitchen, baths, flooring and paint; 2022 A/C with UV light; 2017 impact openings and pavers; 2014 CPVC re-pipe. GREAT INVESTMENT AT A GREAT PRICE!

MLS media link

General Features

Property Type
Single Family
Status
Active
Year Built
1988
Property Condition
Resale
Number of Stories
1
Levels
One
Garage Spaces
2
Attached Garage
Yes
Parking
Attached / Covered / Driveway / Garage / Paver Block
Direction Faces
North
Water Source
Other
Zoning
R3

Interior Features

Appliances
Dryer / Dishwasher / Electric Range / Refrigerator / Washer
Cooling
Central Air / Ceiling Fans
Heating
Central / Electric
Flooring
Laminate / Tile
Interior Features
Bedroom On Main Level / High Ceilings / Pantry / Split Bedrooms / Vaulted Ceilings / Walk In Closets

Exterior Features

Construction
Block / Stucco
Roof
Metal
Exterior Features
Outdoor Living Area / Room For Pool
Patio & Porch
Patio
Lot Features
Rectangular Lot
Waterfront
Yes
Waterfront Features
Canal Front / Other
Frontage
Waterfront
Frontage Length
100.00 ft
View
Canal

Community & HOA

Association Amenities
None
Security
Smoke Detectors
Utilities
Sewer Available
Financing Terms
Conventional / FHA / Va Loan
Restrictions
No Restrictions
MLS Area
5940 - Other Florida County
Homes for Sale
441
Under Contract
0
Median List Price
$434,900
Median $/Sq Ft
$244
Avg Days on Market
172
View all 441 homes for sale in Cape Coral →
How do I schedule a tour of 420 SE 15th Terrace, Cape Coral, FL 33990?
Use the Tour button on this listing to request a showing of 420 SE 15th Terrace, Cape Coral, FL 33990. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
Is 420 SE 15th Terrace, Cape Coral, FL 33990 still available?
420 SE 15th Terrace, Cape Coral, FL 33990 is currently listed as Active, and has been on the market 36 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
How much is the monthly payment for 420 SE 15th Terrace, Cape Coral, FL 33990?
With 20% down ($73,900) on the $369,500 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 420 SE 15th Terrace, Cape Coral, FL 33990 is about $1,942/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 420 SE 15th Terrace, Cape Coral, FL 33990?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 420 SE 15th Terrace, Cape Coral, FL 33990. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
Can I negotiate the price of 420 SE 15th Terrace, Cape Coral, FL 33990?
Often, yes. The right offer on 420 SE 15th Terrace, Cape Coral, FL 33990 depends on how it's priced against comparable single family sales in Cape Coral, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of Schiff Realty, Inc

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated August 30, 2026.

$369,500

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Listed by Edward Schiff, Schiff Realty, Inc

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