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420 SE 15th Terrace

Cape Coral, FL 33990
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Bed 3

Bed

Bath 2

Bath

SqFt1,873

Sqft

Acres0.23

Acre(Lot)

**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!**

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Detail Ic Property Details

Property Type : Residential

Price : $375,000

AD Id : 89630853

MLS Id : 2026033240

Beds : 3

Lot Size : 0.23 Acre

Living Area Size : 1,873

Year Built : 1988

Garage : 2

County : Lee

Subdivision: Cape Coral

  • Map Map

Map

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Map Nearby Areas

Feature Features

  • Bedroom Information

    Total beds: 3

    Bathroom Information

    Total Baths: 2 Full Baths: 2

    Roofing Information

    Metal

    Flooring Information

    Tile, Vinyl
  • Interior Features

    BreakfastBar, BedroomOnMainLevel, ClosetCabinetry, SeparateFormalDiningRoom, EatInKitchen, FrenchDoorsAtriumDoors, MainLevelPrimary, Pantry, SplitBedrooms, ShowerOnly, SeparateShower, CableTv, VaultedCeilings, WindowTreatments
    Roof: Metal
    Appliances: Dryer, Dishwasher, ElectricCooktop, Disposal, IceMaker, Microwave, Refrigerator, RefrigeratorWithIceMaker, Washer
    Laundry Features: Inside
    Window Features: ImpactGlass, WindowCoverings
  • Heating & Cooling

    Has Heating: Yes Heating: Central, Electric Has Cooling: Yes Cooling: CentralAir, CeilingFans, Electric Water front: 1

  • Building Information

    Year Built: 1988
    Building Area Total: 2321
    Construction Materials: Block, Concrete, Stucco
    Stories: 1
    Patio And Porch Features: Open, Patio, Porch
    Private Pool: No
    Water front Features: CanalAccess,Seawall
    View: Canal, Landscaped, Water
  • Exterior Features

    Exterior Features: Fence, SecurityHighImpactDoors, Patio, Storage

  • Lot Information

    Lot Dimensions: 80 x 125 x 80 x 125 Main Square Feet: 0.23 Lot Size Acres: 0.23 Lot Size Source: Appraiser Lot Description: RectangularLot

    Property Information

    Subdivision: CAPE CORAL Source Property Type: Residential Property SubType: Single Family Residence Direction Faces: North Property Age: 38

  • Listing Price Information

    Listing Price: $375000
    AllFinancingConsidered, Cash, FHA, VaLoan

  • Tax Information

    Parcel Number: 24-44-23-C3-01014.0620 Tax Lot: 62 Tax Block: 1014 Tax Year: 2025 Annual Tax: $6700 Tax Legal Desc: CAPE CORAL UNIT 24 BLK.1014 PB 14 PG 68 LOTS 62 + 63

  • Parking Information

    Attached, Covered, Driveway, Garage, Paved, TwoSpaces, GarageDoorOpener

    Garage Information

    Has Garage: Yes Has Attached Garage: Yes Garage Space: 2 Pets Allowed: Call, Conditional

    Homeowners Association Information

    Included Fees: None
    Association Amenities: None, Management
    Community Features: BoatFacilities, NonGated

  • Utility Information

    CableAvailable, HighSpeedInternetAvailable
  • Location Information

    Direction: 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. WaterSource: Public Security Features: None,SmokeDetectors
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2374 Coral Point Drive, Cape Coral, FL, 33990 $1,750,000 4 4 3,915 3,915 SqFt
2306 SE 15th Terrace, Cape Coral, FL, 33990 $525,000 3 2 1,403 1,403 SqFt
2305 SE 16th Street, Cape Coral, FL, 33990 $449,000 3 2 1,495 1,495 SqFt
2314 SE 13th Street, Cape Coral, FL, 33990 $274,999 3 2 1,627 1,627 SqFt
946 SE 23rd Place, Cape Coral, FL, 33990 $780,000 3 2 2,136 2,136 SqFt
2304 SE 8th Terrace, Cape Coral, FL, 33990 $360,000 4 3 1,903 1,903 SqFt
2304 SE 8th Terrace, Cape Coral, FL, 33990 $398,900 4 3 1,903 1,903 SqFt
2223 SE 10th Lane, Cape Coral, FL, 33990 $649,900 3 2 1,958 1,958 SqFt
605 SE 23rd Avenue, Cape Coral, FL, 33990 $429,000 3 2 1,805 1,805 SqFt
601 SE 23rd Avenue, Cape Coral, FL, 33990 $449,900 3 2 1,571 1,571 SqFt

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ByOwner last updated this listing 08/25/2026 @ 10:08

MLS: 2026033240 LISTED BY: Edward Schiff, Schiff Realty, Inc 239-540-0061 SOURCE: FGC

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