1942 NE 15th Street
Cape Coral, FL, 33909 $ 260,000
Bedrooms3 Baths2.0 Sq 1,533 Monthly Estimate*
$ 1,601
for $260,000 with 3 bedrooms and 2 full baths. This 1,533 square foot home was built in 1988 on a lot size of 0.23.
Rare double-lot opportunity in NE Cape Coral with no HOA and low taxes (under $2,400/year). This well-maintained 3 bedroom, 2 bath home sits on a fully fenced 80 x 240 oversized parcel — two combined lots (Lots 13 + 14, R1 zoned) totaling nearly a quarter acre. The extra land provides real flexibility: room for a future pool, a workshop or detached garage, RV or boat parking, a garden, or simply more privacy and outdoor space than the typical Cape Coral homesite offers. Inside, the home offers over 1,500 square feet of single-story living with volume ceilings, a split-bedroom floor plan for added privacy, easy-care tile flooring throughout, and an eat-in kitchen. PGT hurricane-impact windows and a hurricane-impact sliding glass door provide year-round storm protection and energy savings. A flexible bonus room offers additional interior space that can serve as a home office, playroom, gym, hobby space, or guest area — adapt it to your lifestyle. Out back, a permitted 10x16 shed adds storage or workshop space, ideal for tools, lawn equipment, kayaks, bikes, or a small workshop setup. The fully fenced yard keeps pets and children safely contained. The property sits in Flood Zone X, where flood insurance is typically not required, and per the seller's disclosure there is no known history of flooding or related insurance claims. With no HOA, no deed restrictions, and low annual taxes, the cost of ownership stays predictable. Location is convenient and central — just off Del Prado Blvd and Diplomat Pkwy, with quick access to shopping, dining, medical, and a top-rated nearby elementary school. A strong fit for first-time buyers, growing families, investors, or anyone wanting more land in a growing part of Cape Coral. Schedule your private showing today.
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FeaturesGeneralSewer Septic Tank
Heating Central Electric
Cooling Central Air Electric
Utilities Cable Available
Possession Subject To Tenant Rights
Roof Shingle
Appliances Ice Maker Range Refrigerator RefrigeratorWithIce Maker
HOA Fee 0
Garage Spaces 2
Association Fee Includes None
Architectural Style Ranch One Story
Construction Materials Wood Siding Wood Frame
Pets Allowed Yes
Year Built 1988
Stories Count 1
Property Subtype Single Family Residence
Tax Year 2025
Ownership Single Family
Waterfront Features None
Community Features Non-Gated
HOA Fee 2 0
County Lee
Property Type Residential
Association Amenities None
HOA false
Attached Garage true
Subdivision Name CAPE CORAL
Facing Direction North
Garage Y/N true
Full Baths 2
Status Active
City Cape Coral
Land Lease Amount 0
Senior Community Y/N false
Zoning Description R1
MLS Area CC31 - Cape Coral Unit 17 31-36
Lot Size Units Acres
Carport Spaces 0
Carport Y/N false
Tax Annual Amount 2302.99
Property Condition Resale
Virtual Tour https://www.propertypanorama.com/instaview/fgcmls/2026013026
Standard Status Active
Tax Lot 13
Property Sub Type Additional Single Family Residence
Legal Description CAPE CORAL UNIT 47 PT 2 BLK 3522 PB 23 PG 126 LOTS 13 + 14
HOA Fee 3 0
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InteriorInterior Amenities Eat-in Kitchen High Ceilings Main Level Primary Shower Only Separate Shower Split Bedrooms Workshop
Flooring Tile
Furnished Y/N Unfurnished
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Window Features Single Hung
Half Baths 0
Total Bedrooms 3
Room Type Workshop
Total Baths 2
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ExteriorExterior Amenities Fence None
Parking Features Attached Garage
Lot Features Rectangular Lot
Water Source Well
Lot Size Area 0.23
Spa false
Building Area Total 1614
Lot Dimensions 80 x 120 x 80 x 120
Lot Size Acres 0.23
Private Pool false
Lot Size Source Appraiser
Waterfront Y/N false
Covered Spaces 2
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* Excluded FeaturesList ByMike LombardoListing Agent
Mike.mikelom@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $1,601
- Monthly Property Taxes
- $192
- 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.
Learn more about how to save NearbySingle family listings in Cape Coral, FL
Average List Price $589,716
Percent of Sale Price 127%
About Cape Coral, FL 184,744 Population
76% Since 2002
$ 54,021 Median Income
44.67 Median Age
26% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 4/9/2026 | $260,000 | -3.70% | Price Down |
| 3/30/2026 | $270,000 | -6.90% | Price Down |
| 3/24/2026 | $290,000 | | Listed Price |