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420 SE 15th Terrace
Cape Coral FL 33990 US

$375,000

Active Listing ID 2026033240
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3 bed
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1,873 square feet
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2.00 Bath (2 Full)
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Lot: 0.23 Acres
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Single Family Residence

$375,000

Active Listing ID 2026033240
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420 SE 15th Terrace **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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Property Features

  • Facts
  • Lot Size: 0.23 Acres
  • Property Type: Residential
  • Property Sub-type: Single Family Residence
  • Features
  • Full Bathrooms: 2
  • Cooling System: Ceiling Fan(s), Central Air, Electric
  • Exterior Finish: Fence, SecurityHighImpactDoors, Patio, Storage
  • Floor Covering: Tile, Vinyl
  • Roof Type: Metal
  • Heating Fuels: Electric (Heating), Central
  • Additional Features
  • Patio
  • Waterfront

Property

  • propertytype: Residential
  • propertysubtype: Single Family Residence
  • listprice: 375000
  • unparsedaddress: 420 SE 15th Terrace
  • postalcity: Cape Coral
  • stateorprovince: FL
  • country: US
  • postalcode: 33990
  • bathroomsfull: 2
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.23
  • lotsizeunits: Acres
  • lotsizearea: 0.23
  • livingarea: 1873
  • livingareaunits: Square Feet
  • latitude: 26.623813
  • longitude: -81.965645
  • listagentfullname: Edward Schiff
  • listagentemail: Edward@schiffrealty.com
  • listagentkey: 3yd-FMSWFL-3069474
  • listagentmlsid: 3069474
  • listagentpreferredphone: 2396997559
  • listagentofficephone: 2396997559
  • listofficekey: 3yd-FMSWFL-ESR
  • listagentstatelicense: 258005997
  • listofficemlsid: ESR
  • disclaimer: Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: FMSWFL
  • yearbuilt: 1988
  • listingcontractdate: 2026-08-17
  • listagentfax: 2395412888
  • listagenturl: http://www.SchiffRealty.com
  • countyorparish: Lee
  • parcelnumber: 24-44-23-C3-01014.0620
  • appliances: Dryer, Dishwasher, ElectricCooktop, Disposal, IceMaker, Microwave, Refrigerator, RefrigeratorWithIceMaker, Washer
  • cooling: Ceiling Fan(s), Central Air, Electric
  • constructionmaterials: Block, Concrete, Stucco
  • flooring: Tile, Vinyl
  • heating: Electric (Heating), Central
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 0
  • parkingfeatures: Covered, Open, Driveway, Garage
  • roof: Metal
  • view: Water
  • waterfrontyn: True
  • franchiseaffiliation: None
  • interiorfeatures: BreakfastBar, BedroomOnMainLevel, ClosetCabinetry, SeparateFormalDiningRoom, EatInKitchen, FrenchDoorsAtriumDoors, MainLevelPrimary, Pantry, SplitBedrooms, ShowerOnly, SeparateShower, CableTv, VaultedCeilings, WindowTreatments
  • exteriorfeatures: Fence, SecurityHighImpactDoors, Patio, Storage
  • waterfrontfeatures: Canal Access, Seawall
  • architecturalstyle: Ranch
  • rooms: Bathroom 1, Bedroom 1, Dining Room, Family Room, Bedroom 3, Bathroom 2, Bedroom 2
  • securityfeatures: Security
  • otherstructures: Storage
  • patioandporchfeatures: Porch, Patio
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • fencing: Fenced
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -81.965645, 26.623814
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Schiff Realty, Inc", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"Edward@schiffrealty.com", "ListBrokerageCity":"Cape Coral", "ListBrokerageCountry":"US", "ListBrokerageEmail":"edward@schiffrealty.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Schiff Realty, Inc", "ListBrokeragePhone":"(239) 699-7559", "ListBrokeragePostalCode":"33904", "ListBrokerageStateOrProvince":"FL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"1314 Cape Coral Parkway Suite:319", "ListBrokerageWebsiteUrl":"http://www.SchiffRealty.com", "ListOfficeAddress1":"1314 Cape Coral Pkwy E Ste 319 ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"ESR", "ListOfficeCity":"Cape Coral", "ListOfficeCountry":"US", "ListOfficeEmail":"Broker@SchiffRealty.com", "ListOfficePostalCode":"33904", "ListOfficeStateOrProvince":"FL", "ListPriceCurrencyType":"USD", "ListingTitle":"SINGLE_FAMILY - Ranch - Cape Coral, FL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/420-SE-15th-Ter_Cape-Coral_FL_33990_M60833-69226?f=listhub&s=FMSWFL&m=2026033240&c=rexren", "MLSModificationTimestamp":"2026-08-18 14:57:08", "Neighborhoods":[{"Description":null, "Name":"CAPE CORAL"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":6700, "TaxDescription":"CAPE CORAL UNIT 24 BLK.1014 PB 14 PG 68 LOTS 62 + 63", "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 8/18/2026 3:00:57 PM GMT
Source Updated Date: 8/26/2026 1:01:53 AM GMT

Courtesy of: Edward Schiff, Schiff Realty, Inc, Edward@schiffrealty.com

Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.