420 SE 15th Terrace, Cape Coral, FL 33990

$355,000
3
BD
2
BA
1,873
SqFt

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List Price
$355,000
Listing Price
$355,000
Price Change
▼ $14,500 1793928866
Days on Market
80
MLS#
2026033240
Bedrooms
3
Bathrooms
2
Living Sq. Ft
1,873
Property Class
Single Family Residential
Building Design
Single Family
Status Type
Resale
Status
ACTIVE
County
Lee
Region
CC14 - Cape Coral Unit 16,18,22-
Development
Cape Coral
Subdivision
Cape Coral

Property Description

ONE OF THE BEST-PRICED, MOVE-IN-READY WATERFRONT HOMES IN ALL OF CAPE CORAL—NOT IN A FLOOD ZONE, CITY WATER & SEWER ASSESSMENTS PAID AND TENANT IN PLACE! This beautiful concrete-block waterfront home offers 3 bedrooms, 2 baths, a 2-car garage, southern exposure and freshwater canal frontage. Enjoy an INSTANT INVESTMENT with a great tenant in place through April 1st, paying $1,950 per month and maintaining the lawn. Start collecting rental income immediately while owning an updated waterfront property priced with outstanding value and potential instant equity! Located in desirable Flood Zone X with all city water and sewer assessments paid, canal views, a brick-paver driveway and a fully fenced yard. White vinyl fencing along the front and left side, with chain-link fencing along the right side and rear, provides security for pets and family while preserving the waterfront views. A HUGE HIGHLIGHT is the 2025 stone-coated STEEL ROOF that offers the upscale appearance of beautiful tile with the strength, durability and benefits of metal—a combination that may be favorable from an insurance standpoint. Three-nail roof strapping was also completed in 2025 to help with insurance rates. Enter through double doors into a spacious home with high ceilings, tile throughout the main living areas and hurricane-impact windows, doors and sliders. The huge living room features recessed lighting and a 3-panel impact-glass pocket slider opening to the oversized lanai for true indoor-outdoor living. The remodeled kitchen features quartz countertops, real wood cabinets, a U-shaped counter, large pantry and spacious dining area with bay windows. Bedrooms feature waterproof luxury vinyl plank flooring. The 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. The remodeled guest bath offers a quartz countertop, real wood cabinetry and tub/shower. Outside, enjoy a large concrete patio, southern exposure and peaceful freshwater canal views—perfect for entertaining, barbecuing or relaxing. Additional features include interior laundry with newer washer and dryer, storage shed and a 2-car garage with an insulated hurricane-rated garage door. MAJOR UPGRADES: 2026 new water heater. 2025 stone-coated steel roof, 3-nail strapping, remodeled kitchen and baths, quartz countertops, real wood cabinets, waterproof vinyl plank bedroom flooring, and interior and exterior paint. 2022 new A/C with UV lighting. 2017 hurricane-impact windows, doors and sliders, plus paver driveway. 2014 re-piped with CPVC. Close to schools, shopping, dining, hospitals and everyday conveniences. IMMEDIATE RENTAL INCOME, POTENTIAL INSTANT EQUITY, MAJOR UPDATES, FLOOD ZONE X, ASSESSMENTS PAID, FULL FENCING, SOUTHERN EXPOSURE AND WATERFRONT LIVING—GREAT INVESTMENT AT A GREAT PRICE!

Additional Information

Year Built
1988
Garage Spaces
2
furnished
Unfurnished
Pets
Call, Conditional
Amenities
None, Management
Community Type
Boat Facilities, Non-Gated
View
Canal, Landscaped, Water
Waterfront Description
Canal Access, Seawall
Building Description
1 Story/Ranch
Lot Size
0.23
Construction
Block, Concrete, Stucco
Rear Exposure
S
Roof
Metal
Flooring
Tile, Vinyl
Exterior Features
Fence, Security/High Impact Doors, Patio, Storage
Water
Public
Sewer
Public Sewer
Cooling
Central Air, Ceiling Fan(s), Electric
Interior Features
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
Waterfront
Yes
Furnished Description
Unfurnished

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Courtesy of Schiff Realty, Inc

The data relating to real estate for sale on this limited electronic display comes in part from the Southwest Florida MLS Listing Service. Properties listed with brokerage firms other than our company are marked with the BR Program Icon or the BR House Icon and detailed information about them includes the name of the Listing Brokers. The properties displayed may not be all the properties available through the BR Program. The source of this real property information is the copyrighted and proprietary database compilation of the participating Southwest Florida MLS organizations and is Copyright 2026 Southwest Florida MLS organizations. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it. Some properties that appear for sale on this limited electronic display may no longer be available. Data last updated .