1421 SE 31st Terrace Cape Coral, FL $ 550,000
1421 SE 31st Terrace
$ 550,000
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1421 SE 31st Terrace

Cape Coral, FL, 33904
$ 550,000
Bedrooms3 Baths2.1 Sq 1,707

Monthly Estimate*

$ 3,386

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Single Family Home for sale in Cape Coral, FL

for $550,000 with 3 bedrooms and 2 full baths, 1 half bath. This 1,707 square foot home was built in 1969 on a lot size of 0.248.

Experience the ultimate Southwest Florida lifestyle in this beautifully renovated 3-bedroom, 3-bath Gulf access home in desirable Cape Coral. Perfectly designed for both relaxation and entertainment, this waterfront retreat offers direct boating access to open water, making it a dream property for boaters, anglers, and sunset lovers alike. Step outside to your private tropical oasis where true Florida living comes to life. A composite dock with boat lift provides quick, convenient access to the Gulf, while the expansive outdoor living area invites you to unwind or host unforgettable gatherings. Enjoy a fully equipped outdoor kitchen, a charming tiki bar, and a sparkling pool and spa surrounded by lush landscaping — the ideal setting for morning coffee, afternoon swims, and evening cocktails under the stars. Inside, the home has been thoughtfully renovated with modern finishes, offering a bright, open layout that blends comfort and style. Major improvements provide peace of mind, including a new roof, updated plumbing, and new HVAC system. Even better, the property has never experienced flooding and is not located in a flood zone, adding an extra layer of security and value. This home is not only a personal paradise but also a proven income producer. It is currently enrolled in a successful rental program with bookings secured into 2027, making it an exceptional opportunity for investors seeking immediate returns or buyers looking for a flexible vacation home that helps offset ownership costs. Whether you’re cruising the waterways, entertaining poolside, or enjoying the steady stream of rental income, this Gulf access gem delivers the perfect blend of lifestyle, location, and investment potential. This is waterfront living at its finest — move-in ready and waiting for you.

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Single Family Pending

Price

$ 550,000

Bedrooms

3

Full Bath

2

Half Bath

1

Property Type

Single Family

Taxes

$ 4,842

Style

Ranch, One Story

Lot Size

0.248

Year Built

1969

Town/City

Cape Coral

County/Region

Lee

MLS | Web ID

2026012192

Features
General
Sewer Assessment Paid
Heating Central Electric
Cooling Central Air Ceiling Fan(s) Electric
Utilities Cable Available High Speed Internet Available
Possession Close Of Escrow
Roof Shingle
Appliances Dryer Dishwasher Electric Cooktop Freezer Disposal Microwave Refrigerator Tankless Water Heater Washer
HOA Fee 0
Garage Spaces 2
Association Fee Includes None
Patio/Porch Features Lanai Porch Screened
Architectural Style Ranch One Story
Pool Features In Ground
Construction Materials Block Concrete Stucco
Pets Allowed Yes
Year Built 1969
View Canal
Stories Count 1
Property Subtype Single Family Residence
Tax Year 2025
Ownership Single Family
Waterfront Features Canal Access
Community Features Non-Gated
HOA Fee 2 0
County Lee
Property Type Residential
Association Amenities None
HOA false
Attached Garage true
Contingency Financing
Subdivision Name CAPE CORAL
Facing Direction South
Garage Y/N true
Total Rooms 0
Full Baths 2
Status Pending
City Cape Coral
Land Lease Amount 0
Senior Community Y/N false
Zoning Description R1
MLS Area CC13 - Cape Coral Unit 19-21 25 26 89
Lot Size Units Acres
Carport Spaces 0
Carport Y/N false
Spa Features Above Ground
Tax Annual Amount 4842.61
Property Condition Resale
Standard Status Pending
Tax Lot 57
Property Sub Type Additional Single Family Residence
Legal Description CAPE CORAL UNIT 21 BLK 614 BP 13/152 LTS 57 + 58 + OR 2159 PG 3872
HOA Fee 3 0
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Interior
Interior Amenities Living/Dining Room Pantry Shower Only Separate Shower Split Bedrooms
Flooring Tile
Furnished Y/N Furnished
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Window Features Impact Glass
Half Baths 1
Laundry Features Inside
Total Bedrooms 3
Entry Level 1
Room Type Bathroom Guest Quarters Screened Porch
Total Baths 3
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Exterior
Exterior Amenities Fruit Trees Security/High Impact Doors Outdoor Kitchen Gas Grill
Parking Features Attached Garage
Lot Features Rectangular Lot
Water Source Public
Lot Size Area 0.248
Spa true
Building Area Total 2187
Lot Size Acres 0.248
Private Pool true
Lot Size Source Appraiser
Waterfront Y/N true
Covered Spaces 2
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* Excluded Features
List By
Katie Edmonds Peters

Listing Agent

Compass Florida, Llc

Broker

katie@havengrp.com

Email

Affordability Calculator

$3,790
Per Month
89%
11%
0%
Monthly Principal & Interest
$3,386
Monthly Property Taxes
$404
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/11/2026$550,000 Listed Price

Map


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1421 SE 31st Terrace, Cape Coral, FL, 33904 is a Single Family Home for sale at $550,000 with 1,707 sqft and a lot size of 0.248. 1421 SE 31st Terrace has 3 bedrooms, 2.1 baths, and was built in 1969. The property's zip code is 33904 which is in Cape Coral, FL