Cape Coral Homes under $400,000

Cape Coral Homes under $400,000

Welcome to Cape Coral, Florida – a vibrant city nestled in Lee County, where sunshine meets serene waterfront living! Known for its stunning canal system, Cape Coral is often referred to as the "Waterfront Wonderland," boasting over 400 miles of navigable waterways. This unique feature not only enhances the city’s charm but also provides endless opportunities for boating, fishing, and enjoying breathtaking sunsets right from your backyard.

Cape Coral is a family-friendly community with a warm atmosphere, making it an ideal choice for both first-time homebuyers and those looking to retire in paradise. With a diverse range of amenities, including beautiful parks, nature trails, and a bustling downtown area filled with shops and restaurants, residents can enjoy a balanced lifestyle where leisure meets convenience.

One of the most appealing aspects of Cape Coral is the availability of homes under $400,000. This price point opens the door to a variety of options, from cozy single-family homes to modern townhouses, making it easier than ever to find your dream home in this sun-soaked paradise. Whether you’re looking for a charming abode with a pool, a waterfront retreat, or a low-maintenance property, Cape Coral’s real estate market has something for everyone.

With its welcoming community spirit, beautiful surroundings, and affordable housing options, Cape Coral is truly a gem in Florida’s real estate landscape. Come explore the possibilities and discover why so many are choosing to call this enchanting city home!

Newest Cape Coral Homes under $400,000

2119 NW 9th Street, Cape Coral
$350,000
4 Beds ⋅ 2 Baths ⋅ Cape Coral SubDv.
Your next chapter starts here! Discover this 4-bedroom, 2-bathroom home in NW Cape Coral, offering room to live, work, and unwind. Four bedrooms provide the flexibility to create a home office, welcome guests, or enjoy a space dedicated to your favorite hobbies. Whether you’re searching for your first home or ready for your next move, this property deserves a spot on your list. Make it yours and bring your vision to life—schedule your private showing today!

2119 NW 9th Street, Cape Coral
3921 SW 27th Avenue, Cape Coral
$295,000
3 Beds ⋅ 2 Baths ⋅ Cape Coral SubDv.
Great location, close to many schools, this 3-bedroom, 2-bathroom home with a den is ready for a new owners! Nice corner lot with fenced back yard & room for a pool. New roof in 2023. Assessments are in & PAID. Tile throughout the home. Jack & Jill bathroom offers easy access from both guest bedrooms as well as the den. Located in quiet neighborhood with gulf access homes across the street. Convenient access to many great restaurants including RumRunners & Lobster Lady. Cape Harbour offers many shops, boat storage & more. Sands Park is just minutes away & offers tennis, pickleball, basketball & kids playground. Home has accordion shutters on all windows & sliders. House was freshly painted in 2024. Transferable flood insurance policy.

3921 SW 27th Avenue, Cape Coral
4240 Palm Tree Boulevard, Cape Coral
$359,900
3 Beds ⋅ 2 Baths ⋅ Cape Coral SubDv.
This pool home, is on oversized corner lot, has all assessments in and pay, beautifully updated living spaces, screened lanai, and private mother-in-law suite.

4240 Palm Tree Boulevard, Cape Coral
1206 NE 4th Terrace, Cape Coral
$345,000
4 Beds ⋅ 2 Baths ⋅ Cape Coral SubDv.
**NO HOA • RECENTLY REMODELED • IMPACT WINDOWS • CITY WATER & SEWER ASSESSMENTS PAID!** Looking for a home with options? This one deserves a spot on your list! This **4-bedroom, 2-bath home** is currently divided into **two sides, each with 2 bedrooms and 1 bathroom**, offering possibilities for investment or living on one side while using potential rental income to help with the mortgage. **Each side has previously rented for $1,750/month, per the seller—that’s $3,500/month in historical gross rental income!** Now we have your attention, right?**** Recently remodeled with **impact windows, a 2021 roof, 2021 A/C, and a new fence installed in 2026**, this home brings more to the table than a flexible layout! Outside, enjoy **backyard space for your boat**—because the Florida lifestyle comes with a few toys! Add **NO HOA, a location outside the high-risk flood zone, and city water and sewer assessments fully paid per the seller**, and the list keeps getting better.**** **The seller is open to working out a deal! Come see it, picture the possibilities, and let’s work through the numbers to make something happen!**

1206 NE 4th Terrace, Cape Coral
2517 Laurentina Lane, Cape Coral
$349,900
4 Beds ⋅ 3 Baths ⋅ Bella Vida SubDv.
WELCOME TO YOUR SLICE OF PARADISE IN BELLA VIDA! Discover the perfect blend of SPACE, COMFORT and RESORT-STYLE LIVING in this beautifully designed 4-bedroom, 3-bath TREVI MODEL by Lennar, nestled within the desirable GATED COMMUNITY of Bella Vida in Cape Coral! Thoughtfully designed for both everyday living and effortless entertaining, this inviting home features a spacious open-concept floor plan where the kitchen, dining area and great room flow seamlessly together. The well-appointed kitchen boasts a generous center island, ample cabinetry and plenty of space to gather, while the expansive living area creates the perfect setting for entertaining family and friends. A desirable SECOND ENSUITE BEDROOM provides added privacy and comfort for overnight guests or multigenerational living. Step outside to your SCREENED LANAI and enjoy peaceful POND VIEWS, beautiful wildlife and the tranquility of your own backyard retreat! The spacious FENCED YARD offers plenty of room for outdoor activities, pets and play, while providing separation from the pond. Beyond your front door, BELLA VIDA offers an exceptional lifestyle within its gated setting, with amenities including a resort-style community pool, clubhouse, fitness center, tennis and pickleball courts, and playground. EVEN BETTER? The HOA fees include landscaping, irrigation water, annual mulching, high-speed internet and cable service with three DVRs, making everyday living that much easier! Conveniently located near shopping, dining, entertainment and everyday essentials, this home delivers the perfect combination of LOCATION, LIFESTYLE and VALUE. Whether you're looking for room to grow, space to entertain or simply a peaceful Florida retreat, this Bella Vida beauty checks all the boxes. YOUR FLORIDA DREAM HOME AWAITS! Some photos include reality renovation/ reality staging. *THIS PROPERTY INCLUDES DESIGN SERVICES, MAKING FURNISHING THIS PROPERTY EASY FOR YOUR BUYER*

2517 Laurentina Lane, Cape Coral
517 Nw 19th Terrace, Cape Coral
$289,900
4 Beds ⋅ 3 Baths ⋅ Cape Coral SubDv.
WATERFRONT LIVING PRICED TO SELL! This like new construction, 2 year old, stunning luxury 4-bedroom, 3-bathroom Cape Coral home blends elegant finishes with inviting indoor and outdoor living spaces. Soaring ceilings create an airy atmosphere, while custom cabinetry, premium appliances, designer ceiling fans, and thoughtfully selected doors, windows, and fixtures add sophistication throughout. Bathrooms feature striking floor-to-ceiling porcelain tile for a luxurious finish. Step outside to an expansive lanai with built-in cabinetry, ideal for entertaining or relaxing while enjoying the waterfront setting. The fenced backyard backs onto a canal, offering opportunities for fishing and kayaking right from your own property. Whether hosting guests or unwinding after a long day, this home offers the Florida lifestyle you’ve been looking for. Schedule your private showing today!

517 Nw 19th Terrace, Cape Coral
1907 Se 6th Terrace, Cape Coral
$369,500
3 Beds ⋅ 2 Baths ⋅ Cape Coral SubDv.
A tastefully updated and beautifully maintained 3-bed, 2-bath pool home in a convenient Cape Coral location - this home is priced to sell! Remodeled in 2022, you’ll find a gem that blends style, comfort, character, and thoughtful enhancements. The easy to maintain new(er) laminate flooring, 5-inch baseboards, crown molding, plantation shutters, and the split floor plan all say “welcome." Bright and cheerful cabinetry abounds in the kitchen offering tall, soft-close cabinetry with crown caps, soft-close doors and drawers, quartz countertops, a ceramic tile backsplash, a dedicated coffee and wet bar, and newer LG appliances. Refrigerator - 2025. The primary bedroom and ensuite have also been updated with barn door entry, fashionable, modern fixtures, crown molding, and a walk-in closet. The guest bathroom has also been updated with quality cabinets and quartz countertops. You'll enjoy the SW Florida lifestyle while overlooking your heated pool and garden-rich yard from the comfort of your expansive, stamped concrete lanai - providing additional and enjoyable outdoor living space. Gardening is a pleasure with raised flower beds, a fruit cocktail tree, and a lemon tree. The yard is fully fenced - a playground for children and/or pets. Need extra storage? A storage shed is already in place. Additional Upgrades Include: Roof with 3rd Nail for Insurance Savings - 2022 | AC - 2021 | AC Ductwork - 2023 | Repiped - 2021 | Electrical Panel? - 2021 | Hurricane Rated Garage Door - 2021 | Water Heater - 2025 | Lanai Cage Screens - 2023 | Pool Heater - 2026 | Pool Pump - 2022 | Plantation Shutters - 2022 | Fence - 2024 | Shed - 2024 | Barn Door - 2024. This home is move-in ready. It's not in a flood zone so flood insurance is required. All Cape Coral utilities are in place and all assessments are paid. Perfectly positioned just minutes from the Cape Coral Hospital, boutique and retail shopping, casual and fine dining are minutes away. Golf, boating, and everything Cape Coral has to offer is yours to be had. Let’s make this home – your home.

1907 Se 6th Terrace, Cape Coral
2703 NW 4th Avenue, Cape Coral
$339,900
4 Beds ⋅ 3 Baths ⋅ Cape Coral SubDv.
$18,000 (5%) CLOSING COST CREDIT AVAILABLE! HOME IS COMPLETE AND MOVE-IN READY! Discover modern coastal living in this spacious 4-bedroom, 3-bath home featuring dual primary suites. The sought-after Sunset Harbor plan blends open-concept design with stylish, thoughtfully selected finishes throughout. The gourmet kitchen showcases stainless steel appliances, quartz countertops, all-wood shaker cabinetry with abundant storage, with a large island. The open layout flows effortlessly from the kitchen to the dining area and expansive great room, creating a bright, airy space ideal for everyday living and entertaining. The private owner’s suite offers a relaxing retreat with a spa-inspired bath and generous closet space. Outside, the lot provides endless potential for outdoor living, a future pool, or additional enhancements. Quality craftsmanship meets peace of mind with IMPACT WINDOWS and NO FLOOD ZONE, helping keep insurance costs low. One or more photos have been digitally staged. This is the Sunset Harbor Plan.

2703 NW 4th Avenue, Cape Coral
216 El Dorado Boulevard S, Cape Coral
$330,000
4 Beds ⋅ 2 Baths ⋅ Cape Coral SubDv.
Great opportunity to own a spacious 4-bedroom, 2-bathroom home with a desirable 3-car garage in Cape Coral! This property offers a functional layout with plenty of room for comfortable everyday living and entertaining. The generous garage space provides added convenience for vehicles, storage, or hobbies. Conveniently located near shopping, dining, schools, and major roadways. Whether you're looking for a primary residence or an investment opportunity, this home offers great potential. This property is being offered as a short sale and is subject to lender approval. All offers are subject to seller acceptance and applicable short sale approval requirements. Don't miss this opportunity to make this home your own!

216 El Dorado Boulevard S, Cape Coral
1907 SE 6th Terrace, Cape Coral
$369,500
3 Beds ⋅ 2 Baths ⋅ Cape Coral SubDv.
A tastefully updated and beautifully maintained 3-bed, 2-bath pool home in a convenient Cape Coral location - this home is priced to sell! Remodeled in 2022, you’ll find a gem that blends style, comfort, character, and thoughtful enhancements. The easy to maintain new(er) laminate flooring, 5-inch baseboards, crown molding, plantation shutters, and the split floor plan all say “welcome." Bright and cheerful cabinetry abounds in the kitchen offering tall, soft-close cabinetry with crown caps, soft-close doors and drawers, quartz countertops, a ceramic tile backsplash, a dedicated coffee and wet bar, and newer LG appliances. Refrigerator - 2025. The primary bedroom and ensuite have also been updated with barn door entry, fashionable, modern fixtures, crown molding, and a walk-in closet. The guest bathroom has also been updated with quality cabinets and quartz countertops. You'll enjoy the SW Florida lifestyle while overlooking your heated pool and garden-rich yard from the comfort of your expansive, stamped concrete lanai - providing additional and enjoyable outdoor living space. Gardening is a pleasure with raised flower beds, and a fruit cocktail tree. The yard is fully fenced - a playground for children and/or pets. Need extra storage? A storage shed is already in place. Additional Upgrades Include: Roof with 3rd Nail for Insurance Savings - 2022 | AC - 2021 | AC Ductwork - 2023 | Repiped - 2021 | Electrical Panel? - 2021 | Hurricane Rated Garage Door - 2021 | Water Heater - 2025 | Lanai Cage Screens - 2023 | Pool Heater - 2026 | Pool Pump - 2022 | Plantation Shutters - 2022 | Fence - 2024 | Shed - 2024 | Barn Door - 2024. This home is move-in ready. It's not in a flood zone so flood insurance is not required. All Cape Coral utilities are in place and all assessments are paid. Perfectly positioned just minutes from the Cape Coral Hospital, boutique and retail shopping, casual and fine dining are minutes away. Golf, boating, and everything Cape Coral has to offer is yours to be had. Let’s make this home – your home.

1907 SE 6th Terrace, Cape Coral
3825 NW 46th Terrace, Cape Coral
$279,900
3 Beds ⋅ 2 Baths ⋅ Cape Coral SubDv.
Enjoy spacious indoor living and backyard fun in this NW Cape Coral home offering 1,785 square feet, 3 bedrooms, 2 full baths, and a large den, office, or flex space. An above-ground pool with a boardwalk and deck anchors the backyard, surrounded by a 6-foot privacy fence. An oversized screened lanai provides plenty of room to relax or entertain, while a 5' x 6' shed adds convenient storage. The open floor plan features a generous great room with space for both comfortable furnishings and a pool table. The kitchen offers abundant cabinetry and counter space, a pantry, newer stainless-steel appliances, and a breakfast bar. The adjoining dining area overlooks the lanai and pool. The primary suite includes two closets and a remodeled bath with a large garden tub and glass-enclosed shower. Both guest bedrooms and the den have direct access to the second bathroom. Impact windows and an accordion shutter on the sliding glass doors provide storm protection, while an “On Track” garage screen door system on the garage lets you enjoy fresh air without the bugs. Additional features include a professionally maintained whole-house reverse osmosis water system, with the service contract paid through April 2027, and termite protection paid through November 2027. Mature landscaping adds the finishing touch. For outdoor exploration, the North Cape Flats Trail, accessed from Old Burnt Store Road within the Charlotte Harbor Buffer Preserve, offers a walking route toward Charlotte Harbor.

3825 NW 46th Terrace, Cape Coral
2327 Nw 37th Avenue, Cape Coral
$329,000
4 Beds ⋅ 3 Baths ⋅ Cape Coral SubDv.
**CASH ONLY** HOME DOES NOT HAVE A CO (Certificate of Occupancy), BUYER MUST OBTAIN A CO POST CLOSING** Bank-owned opportunity to finish a nearly complete new construction pool home in NW Cape Coral with no HOA. This never-occupied 4-bedroom, 3-bath home offers 2,107 square feet of heated living space on a split-bedroom, open-concept plan, plus a 2-car attached garage on a 0.23-acre lot. The block and stucco structure, shingle roof, impact glass windows and doors, and screened pool enclosure are complete, and much of the interior is already in: white shaker cabinetry, a large waterfall center island with pendant lighting, marble-look tile throughout, tray ceilings, and ceiling fans. The primary bath has a frameless glass walk-in shower, and French doors open to the covered lanai and an in-ground pool with a sun shelf. Remaining work includes HVAC, appliances, electrical trim-out, pool equipment and cleanup, well and septic close-out, and final inspections. Minutes to Coral Oaks Golf Course, the Burnt Store boat ramp, and Pine Island Rd shopping and dining. Priced accordingly and sold As-Is by the REO seller. Cash offers only.

2327 Nw 37th Avenue, Cape Coral
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