850 Se 1st Ter, Cape Coral Property Listing: MLS® #2026034208

850 Se 1st Ter

$300,000
$1,596/m

Estimate Your Monthly Payment

Loan Amount: financing_price
Estimated Payment (30 Year Fixed Loan): 1596
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  • 2 Beds
  • 2 Baths
  • 1,815 Sqft
  • 1988 Year
  • No Pool
  • Yes Waterfront
  • .23 Acres
  • 26 DOM

About This Property

THE ULTIMATE BOGO—BUY THE LAKEFRONT LOT AND GET THE HOUSE! Okay, maybe not literally, but when a property on beautiful Shamrock Lake is priced this close to lot value AND comes with a cute saltbox-style home with a new roof, impact windows, updated kitchen, two-car garage, in-ground spa and an unfinished second floor with even more potential…you have to admit, that’s one heck of an opportunity! This one is all about LOCATION, VALUE and POSSIBILITY—and there’s plenty of all three. Inside, 10’ ceilings and a greatroom-style floorplan give the home an open, airy feel, while large 8’ pocketing sliders put that LAKE VIEW front and center. The kitchen has already received a stylish refresh with white wood shaker cabinetry featuring tongue-and-groove construction and soft-close features, white and gray granite countertops and a stunning backsplash. The home currently offers two bedrooms, each with the privacy of its own bathroom, including an en-suite arrangement with walk-in closet and several updates. But here’s where the POTENTIAL gets even more interesting—the unfinished second floor is already pre-plumbed and pre-wired and may offer the opportunity to create an additional bedroom, loft/study and/or bathroom. Bring your ideas and imagine what this home could become! Outside, the extended lanai is all about enjoying the Florida lifestyle and those wide-open lake views. There’s even a large in-ground concrete spa for soaking, relaxing and taking it all in. And Shamrock Lake isn’t just a pretty view—it’s your gateway to adventure! Head out from your own backyard and explore Cape Coral’s connected freshwater lakes and canals, whether you’re fishing, kayaking, boating, bird watching or simply enjoying an afternoon playing on the water. Newer impact-glass windows add another valuable improvement, while electric roll-down Kevlar shutters protect your patio furniture and lanai. The two-car garage features a newer hurricane-reinforced garage door. Thanks to Hurricane Ian this lovely home has NEW vinyl siding, NEW gutters and a NEW 2024 dimensional-shingle roof. The home was repiped several years ago, the water heater is NEW in 2026 and the HVAC is approximately 10–11 years old. City water and sewer are IN AND PAID. Even better, the property is not located in a mandatory flood insurance zone and experienced no water intrusion from any storms. CAPE CORAL is known for its 400 miles of canals—more than any other city in the world—Cape Coral offers boating, fishing, kayaking, waterfront dining, golf, parks, recreation and sunshine in abundance. With easy access to Fort Myers, area beaches, airports and all that Southwest Florida has to offer, it’s easy to understand why so many people love calling the Cape home. Shamrock Lake is your playground to explore, you can fish, kayak, boat, bird watch or simply sit back and enjoy the view. Come for the LAKEFRONT LOT, stay for all the possibilities…and decide for yourself if this might just be Cape Coral’s ultimate BOGO!

Price Change History

For 850 Se 1st Ter, Cape Coral, FL (MLS® #2026034208)

Date Details Change
Status Changed from Active to Pending

General Information

  • MLS® #: 2026034208
  • Price: $300,000
  • Days on Market: 26
  • Address: 850 Se 1st Ter
  • County: Lee
  • Year Built: 1988
  • Type: Residential
  • Bedrooms: 2
  • Bathrooms: 2.00
  • Full Baths: 2
  • Square Footage: 1,815
  • Square Footage: 4867
  • Acres: 0.23
  • # of Stories: 2
  • View: Lake, Water
  • Is Waterfront: Yes
  • Sub-Type: Single Family Residence
  • Style: Other
  • Status: Pending

Parking

Attached, Garage, Garage Door Opener

Waterfront

Lake, Navigable Water, Seawall, Across the Road Water Frontage

Area

CC14 - Cape Coral Unit 16,18,22-

Amenities

  • Amenities: None
  • View: Lake, Water
  • Is Waterfront: Yes

Utilities

Cable Available, High Speed Internet Available

Features

Rectangular Lot, Sprinklers Automatic

Parking

Attached, Garage, Garage Door Opener

Waterfront

Lake, Navigable Water, Seawall, Across the Road Water Frontage

Interior

  • Interior: Carpet, Tile
  • Heating: Central, Electric
  • Cooling: Central Air, Electric
  • # of Stories: 2

Interior Features

Breakfast Bar, Bedroom on Main Level, Entrance Foyer, High Ceilings, Living/Dining Room, Main Level Primary, Multiple Primary Suites, Shower Only, Separate Shower, Walk-In Closet(s), Window Treatments, Split Bedrooms

Appliances

Dryer, Dishwasher, Microwave, Range, Refrigerator, Washer

Exterior

  • Exterior: Vinyl Siding, Wood Frame
  • Roof: Shingle
  • Construction: Vinyl Siding, Wood Frame

Exterior Features

Sprinkler/Irrigation, Room For Pool, Shutters Electric, Shutters Manual

Lot Description

Rectangular Lot, Sprinklers Automatic

Windows

Single Hung, Impact Glass, Window Coverings

Financials

  • Price: $300,000
  • Zoning: R1

Listing Details

  • Office: Encore Realty Services 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 5561 198 $320,363 $213 $400,000 $300,000
Sold (past 6 mths) 2934 216 $497191 $255 $340,000 $300,000

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Ryan Schwartz

Broker & Owner

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