420 SE 15th Terrace, Cape Coral, FL 33990
Local realty services provided by:ERA Real Solutions Realty
Listed by: edward schiff
Office: schiff realty, inc
MLS#:2026033240
Source:FL_GFMB
Price summary
- Price:$375,000
- Price per sq. ft.:$161.57
About this home
**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!**...
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Home facts
- Year built:1988
- Subdivision & Development:CAPE CORAL
- Listing ID #:2026033240
- Added:1 day(s) ago
- Updated:August 18, 2026 at 10:18 AM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Flooring:Tile, Vinyl
- Kitchen Description:Dishwasher, Disposal, Electric Cooktop, Ice Maker, Microwave, Pantry, Refrigerator
- Living area:1,873 sq. ft.
Heating and cooling
- Cooling:Ceiling Fans, Electric
- Heating:Central, Electric
- Central air:Yes
Structure and exterior
- Roof:Metal
- Year built:1988
- Building area:1,873 sq. ft.
- Lot area:0.23 Acres
- Architectural Style:One Story, Ranch
- Construction Materials:Block, Concrete, Stucco
- Exterior Features:Fence, Open, Patio, Porch, Security High Impact Doors, Storage
- Levels:1 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$375,000
- Price per sq. ft.:$161.57
- Tax amount:$6,700 (2025)
Features and amenities
- Laundry features:Dryer, Inside, Washer
- Amenities:Pantry
Parking
- Parking description:Attached, Covered, Driveway, Garage, Garage Door Opener, Paved, Two Spaces
- Garage:Yes
- Garage spaces:2
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