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3 Beds
2 Baths

$369,500

420 SE 15th Terrace, Cape Coral FL, 33990

Built in1988
Property typeResidential

Overview

Active

Listed Aug 18, 2026

Updated 2 weeks ago

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!

$2,458/mo

Est. mortgage payment based on a $369,500 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
A12073177

Interior Features

Bedrooms
3
Bathrooms
2
Cooling
Yes
Heating
Yes
Basement
No

Other Property Details

Taxes
$6,700
Tax Frequency
Annually
Garage
Yes
View
Yes
Waterfront
Yes
55+/Senior Community
No

Listed with Schiff Realty, Inc

All listings featuring the BMLS logo are provided by Association of Palm Beaches. This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by MLS.

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Data last updated 12:29 PM UTC, 9/23/2026

 

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