420 15Th Ter Se, Cape Coral, FL 33990
For Sale $375,000
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**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!**
Closet Cabinets
French Doors
Pantry
Smoke Detectors
Vaulted Ceiling(s)
Window Coverings
Zero/ Corner Door Sliders
None
Taxes: $6,700.00
Tax Year: 2025
Open Porch/ Lanai
Storage
Electric Cooktop
Dishwasher
Disposal
Dryer
Microwave
Refrigerator/ Icemaker
Washer
Y
Canal Front
Seawall
Building Description: Ranch, Single Family
Community Type: Boating, Non- Gated
MLS Area: Cape Coral
Total Square Footage: 2,321
Total Floors: 1
Water: Central
Construction: Concrete Block, Stucco
Short Sale: No
Date Listed: 2026-08-17 00:00:00
Furnished: Unfurnished
Windows: Window Coverings
Parking: Covered, Driveway Paved, Attached
Garage Description: Y
Garage Spaces: 2
Attached Garage: Y
Flooring: Tile, Vinyl
Roof: Metal
Heating: Central Electric
Cooling: Ceiling Fan(S), Central Electric
Storm Protection: Impact Resistant Doors, Impact Resistant Windows
Security: Smoke Detector(S)
Laundry: Laundry In Residence
Irrigation: Assessment Paid, Central
Pets: With Approval
Restrictions: No Commercial, No R V
Maintenance: None
Rear Exposure: S
Lot Desc.: Regular
Amenities: None
Listing Courtesy Of: Schiff Realty, Inc
edward@schiffrealty.com
**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!**
Property Details
Price: $375,000
Sq Ft: 1,873
($200 per
sqft)
Bedrooms: 3
Bathrooms: 2
City: Cape Coral
County: Lee
Type: Single Family
Development: Cape Coral
Acres: 0.2300
Virtual Tour/Floorplan: View
Year Built: 1988
Listing Number: 2026033240
Status Code: A-Active
Taxes: $6,700.00
Tax Year: 2025
Application Fee: $0.00
Garage:
2
/
Y
Furnishings: Unfurnished
Pets Allowed: With Approval
Interior Features:
Closet Cabinets
French Doors
Pantry
Smoke Detectors
Vaulted Ceiling(s)
Window Coverings
Zero/ Corner Door Sliders
Amenities:
None
Financial Information:
Taxes: $6,700.00
Tax Year: 2025
Exterior Features:
Open Porch/ Lanai
Storage
Equipment:
Electric Cooktop
Dishwasher
Disposal
Dryer
Microwave
Refrigerator/ Icemaker
Washer
View:
Y
Waterfront Description:
Canal Front
Seawall
Additional Information:
Building Description: Ranch, Single Family
Community Type: Boating, Non- Gated
MLS Area: Cape Coral
Total Square Footage: 2,321
Total Floors: 1
Water: Central
Construction: Concrete Block, Stucco
Short Sale: No
Date Listed: 2026-08-17 00:00:00
Furnished: Unfurnished
Windows: Window Coverings
Parking: Covered, Driveway Paved, Attached
Garage Description: Y
Garage Spaces: 2
Attached Garage: Y
Flooring: Tile, Vinyl
Roof: Metal
Heating: Central Electric
Cooling: Ceiling Fan(S), Central Electric
Storm Protection: Impact Resistant Doors, Impact Resistant Windows
Security: Smoke Detector(S)
Laundry: Laundry In Residence
Irrigation: Assessment Paid, Central
Pets: With Approval
Restrictions: No Commercial, No R V
Maintenance: None
Rear Exposure: S
Lot Desc.: Regular
Amenities: None
Map of 420 15Th Ter Se, Cape Coral, FL 33990
Listing Courtesy Of: Schiff Realty, Inc
edward@schiffrealty.com