420 Se 15th Ter, CAPE CORAL Property Listing: MLS® #2026033240

420 Se 15th Ter

$375,000
$1,995/m

Estimate Your Monthly Payment

Loan Amount: financing_price
Estimated Payment (30 Year Fixed Loan): 1995
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  • 3 Beds
  • 2 Baths
  • 1,873 Sqft
  • 1988 Year
  • No Pool
  • Yes Waterfront
  • .23 Acres
  • 23 DOM

About This Property

**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!**

General Information

  • MLS® #: 2026033240
  • Price: $375,000
  • Days on Market: 23
  • Address: 420 Se 15th Ter
  • County: Lee
  • Year Built: 1988
  • Type: Residential
  • Bedrooms: 3
  • Bathrooms: 2.00
  • Full Baths: 2
  • Square Footage: 1,873
  • Acres: 0.23
  • Furnished: Unfurnished
  • View: Canal, Landscaped Area, Water
  • Is Waterfront: Yes
  • Waterfront: Canal, Seawall
  • Style: Ranch, Single Family
  • Status: Active

Parking

Covered, Driveway Paved, Attached

Sub-Type

Single Family Residence, Single Family

Area

CC14 - Cape Coral Unit 16,18,22-

Amenities

  • Amenities: None
  • View: Canal, Landscaped Area, Water
  • Is Waterfront: Yes
  • Waterfront: Canal, Seawall

Parking

Covered, Driveway Paved, Attached

Interior

  • Heating: Central Electric

Interior Features

Closet Cabinets, French Doors, Pantry, Smoke Detectors, Vaulted Ceiling(s), Window Coverings, Zero/Corner Door Sliders

Appliances

Electric Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator/Icemaker, Washer

Cooling

Ceiling Fan(s), Central Electric

Exterior

  • Exterior: Concrete Block, Stucco
  • Exterior Features: Open Porch/lanai, Storage
  • Lot Description: Regular
  • Windows: Window Coverings
  • Roof: Metal
  • Construction: Concrete Block, Stucco

Financials

  • Price: $375,000

Listing Details

  • Office: Schiff Realty, Inc

Community Information

  • Subdivision Cape Coral
  • Development Cape Coral
  • City Cape Coral
  • County Lee
  • State Fl
  • Zip Code 33990

Inquire now for more information about the community of CAPE CORALFind out more!

Subdivision Statistics

  Listings Average DOM Average Price Average $/SF Median $/SF List/Sale price
Active 5613 198 $318,397 $213 $399,999 $375,000
Sold (past 6 mths) 2958 216 $500124 $256 $639,500 $375,000

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Ryan Schwartz

Broker & Owner

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