420 SE 15TH TER

Cape Coral, FL 33990

$375,000

3Beds

2Baths

—Sq ft

1988Year built

Single-family homeType

About this home

GREAT INVESTMENT OPPORTUNITY—NOT IN A FLOOD ZONE! TENANT IN PLACE! Beautiful concrete-block waterfront home with 3 bedrooms, 2 baths, 2-car garage, southern exposure and freshwater canal frontage. Tenant in place through April 1st, paying $1,950/month and maintaining the lawn, providing immediate rental income. Located in Flood Zone X with city water and sewer, a paver driveway and fully fenced yard. A highlight is the 2025 stone-coated STEEL ROOF, combining the upscale look of tile with the strength and durability of metal. Three-nail roof strapping was also completed in 2025. Enter through double doors to high ceilings, tile throughout the main living areas and hurricane-impact windows, doors and sliders. The living room features recessed lighting and a 3-panel pocket slider opening to the oversized lanai. Remodeled kitchen offers quartz countertops, real wood cabinets, U-shaped counter, large pantry and dining area with bay windows. Bedrooms feature waterproof luxury vinyl plank flooring. The primary suite includes lanai access and a remodeled spa-like bath with quartz vanity, walk-in shower, niches, handheld and rain showers. Remodeled guest bath also features quartz and wood cabinetry. Enjoy a large concrete patio and peaceful canal views. Interior laundry, shed and hurricane-rated garage door. UPGRADES: 2026 water heater; 2025 roof, kitchen, baths, flooring and paint; 2022 A/C with UV light; 2017 impact openings and pavers; 2014 CPVC re-pipe. GREAT INVESTMENT AT A GREAT PRICE!

Features

Waterfront

Property details

Listing

MLS #: A12073177
Status: For sale
Listed on: Aug 18, 2026
Days on market: 9 days
Listing data updated: Aug 19, 2026

Interior

Beds: 3
Baths: 2

Building & community

Type: Single-family home
Year built: 1988
County: Lee

Lot & exterior

Waterfront: Yes

Days on market, price per ft² and the monthly HOA amount are calculated by this site from the MLS data shown; the association fee is normalized to a monthly figure.

True monthly cost

Mortgage (principal & interest): $1,896
Property taxes (est.): $344
Home insurance (est.): $317
Flood insurance (est.): —

Estimated total$2,557*/mo

* Some cost lines aren't available yet for this listing; the total shown is incomplete.

Based on 20% down, a 6.5% rate and a 30-year loan, plus this home's estimated Florida carrying costs. All figures are illustrative estimates — not quotes, not financial or insurance advice.

Sources: flood zone — FEMA National Flood Hazard Layer; mortgage, taxes and insurance figures — this site's own estimates; HOA / CDD — as reported for this listing.

What will this home really cost you?