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1516 NE 2nd Terrace Cape Coral, FL $ 669,500
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1516 NE 2nd Terrace
$ 669,500
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Recently Listed New Construction
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1516 NE 2nd Terrace

Cape Coral, FL, 33909
$ 669,500
Bedrooms4 Baths3.0 Sq 2,108

Monthly Estimate*

$ 4,227

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Single Family Home for sale in Cape Coral, FL

for $669,500 with 4 bedrooms and 3 full baths. This 2,108 square foot home was built in 2026 on a lot size of 0.23.

Brand-new 4-bedroom, 3-bath pool home with canal access built by MAGNA Homes featuring an open-concept layout, 3-car garage with epoxy flooring, and located outside of a flood zone (no flood insurance required). Designed for both comfort and entertaining, the home offers seamless living, dining, and kitchen areas with abundant cabinetry, premium finishes, and custom built-in closets throughout. Enjoy a private outdoor retreat with an oversized pool, heather, integrated spa, full screen enclosure, fenced backyard and a fully equipped outdoor kitchen with sink and under-counter refrigerator. Additional features a paver driveway and pool deck, and a complete irrigation system. Built with durability in mind, this property includes reinforced poured concrete columns spaced every four feet or less, a 24-gauge Kynar-coated metal roof, and impact-resistant windows and doors rated up to ±80 PSF. Conveniently located near major roadways with easy access to shopping, dining, and everyday essentials, this home offers a perfect balance of quality construction, functionality, and Florida living. Conveniently located close to Del Prado, Pine Island Rd, restaurants, shopping, Lee Health Hospital, Caloosa Elementary and Middle School

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Single Family Active

Price

$ 669,500

Bedrooms

4

Full Bath

3

Property Type

Single Family

Taxes

$ 1,723

Style

Florida, Ranch, One Story

Lot Size

0.23

Year Built

2026

Town/City

Cape Coral

County/Region

Lee

MLS | Web ID

2026035162
Features
General
Sewer Assessment Paid
Heating Central Electric
Cooling Central Air Ceiling Fan(s) Electric
Utilities Cable Available
Possession Close Of Escrow
Roof Metal
Appliances Dishwasher Electric Cooktop Disposal Ice Maker Microwave Refrigerator RefrigeratorWithIce Maker Wine Cooler
HOA Fee 0
Garage Spaces 3
Association Fee Includes None
Patio/Porch Features Open Porch
Architectural Style Florida Ranch One Story
Pool Features Electric Heat Heated In Ground
Security Features Smoke Detector(s)
Construction Materials Block Concrete Stucco
Pets Allowed Yes
Year Built 2026
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
New Construction true
Property Type Residential
Association Amenities None
HOA false
Attached Garage false
Subdivision Name CAPE CORAL
Facing Direction West
Garage Y/N true
Total Rooms 0
Full Baths 3
Status Active
Directions Google maps and Maps
City Cape Coral
Disclosures Home Warranty
Land Lease Amount 0
Senior Community Y/N false
Zoning Description R1-W
MLS Area CC31 - Cape Coral Unit 17 31-36
Lot Size Units Acres
Carport Spaces 0
Carport Y/N false
Spa Features Electric Heat In Ground
Elementary School CALOOSA
Tax Annual Amount 1723.62
Middle/Junior High School CALOOSA
Property Condition New Construction
Virtual Tour https://www.propertypanorama.com/instaview/fgcmls/2026035162
Standard Status Active
Tax Lot 47
Property Sub Type Additional Single Family Residence
Legal Description CAPE CORAL UNIT 17 BLK.1496 PB 14 PG 30 LOTS 47 + 48
HOA Fee 3 0
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Interior
Interior Amenities Breakfast Bar Built-in Features Breakfast Area Tray Ceiling(s) Dual Sinks Eat-in Kitchen Family/Dining Room Kitchen Island Living/Dining Room Multiple Shower Heads Custom Mirrors Pantry Vaulted Ceiling(s) Bar Walk-In Closet(s) Split Bedrooms
Flooring Tile
Furnished Y/N Unfurnished
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Window Features Impact Glass
Half Baths 0
Laundry Features Washer Hookup Dryer Hookup
Total Bedrooms 4
Total Baths 3
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Exterior
Exterior Amenities Security/High Impact Doors Outdoor Grill Outdoor Kitchen
Parking Features Driveway Detached Garage Paved Two Spaces
Lot Features Rectangular Lot
Water Source Assessment Paid
Lot Size Area 0.23
Foundation Details Raised
Spa true
Building Area Total 3250
Lot Dimensions 100 x 100 x 100 x 100
Lot Size Acres 0.23
Road Surface Type Paved
Private Pool true
Lot Size Source Plans
Waterfront Y/N true
Covered Spaces 3
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* Excluded Features
List By
Daniel Medina

Listing Agent

Magna Realty, Llc

Broker

dmedinaro33@gmail.com

Email

Affordability Calculator

$4,371
Per Month
97%
3%
0%
Monthly Principal & Interest
$4,227
Monthly Property Taxes
$144
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
0 Elementary School
0 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
8/21/2026$669,500 Listed Price

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1516 NE 2nd Terrace, Cape Coral, FL, 33909 is a Single Family Home for sale at $669,500 with 2,108 sqft and a lot size of 0.23. 1516 NE 2nd Terrace has 4 bedrooms, 3.0 baths, and was built in 2026. The property's zip code is 33909 which is in Cape Coral, FL

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