420 SE 15th Terrace Cape Coral, FL $ 375,000
420 SE 15th Terrace
$ 375,000
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420 SE 15th Terrace

Cape Coral, FL, 33990
$ 375,000
Bedrooms3 Baths2.0 Sq 1,873

Monthly Estimate*

$ 2,368

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Single Family Home for sale in Cape Coral, FL

for $375,000 with 3 bedrooms and 2 full baths. This 1,873 square foot home was built in 1988 on a lot size of 0.23.

**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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Single Family Active

Price

$ 375,000

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 6,700

Style

Ranch, One Story

Lot Size

0.23

Year Built

1988

Town/City

Cape Coral

County/Region

Lee

MLS | Web ID

2026033240

Features
General
Sewer Public Sewer
Heating Central Electric
Cooling Central Air Ceiling Fan(s) Electric
Utilities Cable Available High Speed Internet Available
Possession Close Of Escrow
Roof Metal
Appliances Dryer Dishwasher Electric Cooktop Disposal Ice Maker Microwave Refrigerator RefrigeratorWithIce Maker Washer
HOA Fee 0
Garage Spaces 2
Association Fee Includes None
Patio/Porch Features Open Patio Porch
Architectural Style Ranch One Story
Security Features None Smoke Detector(s)
Construction Materials Block Concrete Stucco
Pets Allowed Call Conditional
Year Built 1988
View Canal Landscaped Water
Stories Count 1
Property Subtype Single Family Residence
Tax Year 2025
Ownership Single Family
Waterfront Features Canal Access Seawall
Community Features Boat Facilities Non-Gated
HOA Fee 2 0
County Lee
Property Type Residential
Association Amenities None Management
HOA false
Attached Garage true
Subdivision Name CAPE CORAL
Facing Direction North
Garage Y/N true
Total Rooms 0
Full Baths 2
Status Active
Directions 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.
City Cape Coral
Disclosures RV Restriction(s)
Land Lease Amount 0
Senior Community Y/N false
MLS Area CC14 - Cape Coral Unit 16 18 22-
Lot Size Units Acres
Carport Spaces 0
Carport Y/N false
Tax Annual Amount 6700
Property Condition Resale
Virtual Tour https://www.propertypanorama.com/instaview/fgcmls/2026033240
Standard Status Active
Tax Lot 62
Property Sub Type Additional Single Family Residence
Legal Description CAPE CORAL UNIT 24 BLK.1014 PB 14 PG 68 LOTS 62 + 63
HOA Fee 3 0
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Interior
Interior Amenities Breakfast Bar Bedroom on Main Level Closet Cabinetry Separate/Formal Dining Room Eat-in Kitchen French Door(s)/Atrium Door(s) Main Level Primary Pantry Split Bedrooms Shower Only Separate Shower Cable TV Vaulted Ceiling(s) Window Treatments
Flooring Tile Vinyl
Furnished Y/N Unfurnished
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Window Features Impact Glass Window Coverings
Half Baths 0
Laundry Features Inside
Total Bedrooms 3
Entry Level 0
Room Type Family Room Great Room
Total Baths 2
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Exterior
Exterior Amenities Fence Security/High Impact Doors Patio Storage
Parking Features Attached Covered Driveway Garage Paved Two Spaces Garage Door Opener
Lot Features Rectangular Lot
Water Source Public
Lot Size Area 0.23
Spa false
Building Area Total 2321
Lot Dimensions 80 x 125 x 80 x 125
Lot Size Acres 0.23
Road Surface Type Paved
Private Pool false
Lot Size Source Appraiser
Waterfront Y/N true
Covered Spaces 2
Door Features French Doors Sliding Doors
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* Excluded Features
List By
Edward Schiff

Listing Agent

Schiff Realty, Inc

Broker

Edward@schiffrealty.com

Email

Affordability Calculator

$2,926
Per Month
81%
19%
0%
Monthly Principal & Interest
$2,368
Monthly Property Taxes
$558
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
8/17/2026$375,000 Listed Price

Map


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420 SE 15th Terrace, Cape Coral, FL, 33990 is a Single Family Home for sale at $375,000 with 1,873 sqft and a lot size of 0.23. 420 SE 15th Terrace has 3 bedrooms, 2.0 baths, and was built in 1988. The property's zip code is 33990 which is in Cape Coral, FL