420 15th Terrace, Cape Coral, FL 33990

$355,000 — Active

Property Features

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ONE OF THE BEST-PRICED MOVE-IN-READY WATERFRONT HOMES IN CAPE CORAL—NOT IN A FLOOD ZONE, CITY WATER & SEWER ASSESSMENTS PAID AND TENANT IN PLACE! This concrete-block 3-bedroom, 2-bath home offers a 2-car garage, southern exposure and freshwater canal frontage. Enjoy an instant investment with a tenant in place through April 1st, paying $1,950/month and maintaining the lawn. Priced with potential instant equity and all major updates already completed! Located in Flood Zone X with a paver driveway and fully fenced yard. The 2025 stone-coated STEEL ROOF combines the upscale appearance of tile with the durability of metal. Three-nail roof strapping was 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. Enjoy a large concrete patio and peaceful canal views. 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 PRICE, INSTANT INCOME AND MOVE-IN READY!

▼ Price Reduced — originally listed at $375,000

Property Details

  • Listing ID: A12073177
  • Status: Active
  • Listing Date: 2026-08-18
  • Property Type: Single Family Residence
  • Subdivision: CAPE CORAL
  • County: Lee
  • MLS Area: 5940 - Other Florida County
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Living Area Sq Ft: 1,873
  • Lot Dimensions: .23
  • Year Built: 1988

Financial

  • List Price: $355,000
  • Original List Price: $375,000
  • HOA Fee: None
  • Taxes: $6,700/yr

Features & Amenities

  • View: Canal
  • Parking: Covered, Driveway, Paver Block, Garage, Attached Garage, Attached
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Central, Electric
  • Flooring: Tile
  • Construction: Block, Stucco
  • Roof: Metal
  • Interior Features: High Ceilings, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), Bedroom Layout - Split, Bedroom Layout
  • Community Amenities: None

Courtesy of Schiff Realty, Inc
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© 2026 Starfish Real Estate. Listing data is derived from the Broker Reciprocity Program of the Realtor Association of Indian River County (RAIRC) and BeachsMLS. Properties listed by brokers other than Starfish Real Estate are identified with the applicable MLS logo and include the listing broker's name. Not all properties available through either MLS may be displayed. All MLS data is the copyrighted property of the respective MLS and its participants. Data is deemed reliable but is not guaranteed accurate and should be independently verified prior to entering into any transaction.