420 SE 15th TER Cape Coral, FL 33990
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,873 sqft
Price per Sqft $200
Subdivision Cape Coral
MLS Listing ID 2026033240
Bedrooms 3
Full Baths 2
HOA Y/N No
Year Built 1988
Annual Tax Amount $6,700
Tax Year 2025
Lot Size 10,018 Sqft
Acres 0.23
Property Sub-Type Single Family Residence
Source Florida Gulf Coast
Property Description
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!**
Location
State FL
County Lee
Area Cc14 - Cape Coral Unit 16, 18, 22-
Direction Santa Barbara turn east on SE 15th Ter., turn left on SE 2nd Pl., turn right on SE 15th St. and home will be near the end of the Street on your right hand side.
Rooms
Primary Bedroom Level Master BR Ground
Master Bedroom Master BR Ground
Dining Room Breakfast Bar, Eat-in Kitchen, Formal
Interior
Interior Features Split Bedrooms, Great Room, Family Room, Wired for Data, Closet Cabinets, Pantry, Vaulted Ceiling(s)
Heating Central Electric
Cooling Ceiling Fan(s), Central Electric
Flooring Tile, Vinyl
Window Features Impact Resistant,Impact Resistant Windows,Window Coverings
Appliance Electric Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator/Icemaker, Washer
Laundry Inside
Exterior
Exterior Feature Storage
Garage Spaces 2.0
Fence Fenced
Community Features None, Boating, Non-Gated
Utilities Available Cable Available
Waterfront Description Canal Front,Seawall
View Y/N Yes
View Canal, Landscaped Area, Water
Roof Type Metal
Street Surface Paved
Porch Open Porch/Lanai, Patio
Garage Yes
Private Pool No
Building
Lot Description Regular
Faces Santa Barbara turn east on SE 15th Ter., turn left on SE 2nd Pl., turn right on SE 15th St. and home will be near the end of the Street on your right hand side.
Story 1
Sewer Central
Water Central
Level or Stories 1 Story/Ranch
Structure Type Concrete Block,Stucco
New Construction No
Others
HOA Fee Include None
Tax ID 24-44-23-C3-01014.0620
Ownership Single Family
Security Features Smoke Detector(s),Smoke Detectors
Acceptable Financing Buyer Finance/Cash, FHA, VA Loan
Listing Terms Buyer Finance/Cash, FHA, VA Loan
Pets Allowed With Approval
Virtual Tour https://www.propertypanorama.com/instaview/fgcmls/2026033240
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