420 SE 15th TER, Cape Coral, FL 33990

$375,000
3
BD
2
BA
1,873
SqFt

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List Price
$375,000
Listing Price
$375,000
MLS#
2026033240
Status
ACTIVE
Bedrooms
3
Beds + Den
3 Bed
Bathrooms
2
Living Sq. Ft
1,873
Property Class
Single Family Residential
Building Design
Single Family Residence
Status Type
Resale Property
County
Lee
Region
CC14 - Cape Coral Unit 16,18,22-
Development
Cape Coral
Subdivision
Cape Coral

Property Description

**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!**

Additional Information

Year Built
1988
Garage Spaces
2
furnished
Unfurnished
Pets
With Approval
Amenities
None
Community Type
Boating, Non-Gated
View
Canal, Landscaped Area, Water
Boat Access
None
Waterfront Description
Canal Front, Seawall
Building Description
1 Story/Ranch
Acres
0.23
Restrictions
No Commercial, No RV
Rear Exposure
S
Roof
Metal
Flooring
Tile, Vinyl
Exterior Features
Open Porch/Lanai, Storage
Water
Central
Cooling
Ceiling Fan(s), Central Electric
Interior Features
Closet Cabinets, French Doors, Pantry, Smoke Detectors, Vaulted Ceiling(s), Window Coverings, Zero/Corner Door Sliders
Equipment/Appliances Included
Auto Garage Door, Cooktop - Electric, Dishwasher, Disposal, Dryer, Microwave, Refrigerator/Icemaker, Smoke Detector, Washer
Rooms
Family Room, Laundry in Residence, Open Porch/Lanai
Tax Year
2025

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Courtesy of Schiff Realty, Inc.

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