Back 1421 SE 31st Terrace
Off Market

1421 SE 31st Terrace

Cape Coral FL 33904

3
3
2
2187 sq. ft.
0.25 ac.
Single-Family
Last sold for $540,000
Katie Edmonds PetersKatie Edmonds Peters, last sold this property on 31 March 2026 after 19 days on market.

Overview

Experience the ultimate Southwest Florida lifestyle in this beautifully renovated 3-bedroom, 3-bath Gulf access home in desirable Cape Coral. Perfectly designed for both relaxation and entertainment, this waterfront retreat offers direct boating access to open water, making it a dream property for boaters, anglers, and sunset lovers alike. Step outside to your private tropical oasis where true Florida living comes to life. A composite dock with boat lift provides quick, convenient access to the Gulf, while the expansive outdoor living area invites you to unwind or host unforgettable gatherings. Enjoy a fully equipped outdoor kitchen, a charming tiki bar, and a sparkling pool and spa surrounded by lush landscaping — the ideal setting for morning coffee, afternoon swims, and evening cocktails under the stars. Inside, the home has been thoughtfully renovated with modern finishes, offering a bright, open layout that blends comfort and style. Major improvements provide peace of mind, including a new roof, updated plumbing, and new HVAC system. Even better, the property has never experienced flooding and is not located in a flood zone, adding an extra layer of security and value. This home is not only a personal paradise but also a proven income producer. It is currently enrolled in a successful rental program with bookings secured into 2027, making it an exceptional opportunity for investors seeking immediate returns or buyers looking for a flexible vacation home that helps offset ownership costs. Whether you’re cruising the waterways, entertaining poolside, or enjoying the steady stream of rental income, this Gulf access gem delivers the perfect blend of lifestyle, location, and investment potential. This is waterfront living at its finest — move-in ready and waiting for you.

Features

3 bedrooms
3 bathrooms
2 carspaces
2 garage spaces
2187 sq. ft. floor area
0.25 ac. lot size
Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Cape Coral over the last 12 months, the estimated median property value of 1421 SE 31st Terrace is $399k.

Median value
$399k
Estimated value range
$160k - $2.9m
Median days on market
47
Estimated value trend
-3%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Cape Coral. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1421 SE 31st Terrace

2026
Sold
$540,000
31 Mar 2026 by Katie Edmonds Peters, of COMPASS FLORIDA LLC
2016
Sold
$299,900
20 Jun 2016 by Sean Miller, of Miller and Miller Real Estate
2014
Sold
$181,250
24 Oct 2014 by Doug Anderson, of Red Pig Realty LLC

Happy sellers in Cape Coral

77%
77% of sellers in Cape Coral reported that their sale price either exceeded or met their price expectations.

Cape Coral stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 17 reviews in Cape Coral over the last 12 months.

Local market activity for 3 bedroom single-family properties in Cape Coral

In the last 12 months, 435 three-bedroom single-family properties similar to 1421 SE 31st Terrace, have been sold.

This represents a 20% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

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