1421 SE 31st Terrace, Cape Coral, FL 33904

$540,000
3
BD
3
BA
1,707
SqFt

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Sold Price
$540,000
List Price
$550,000
Status
CLOSED
MLS#
2026012192
Closing Date
Mar 31, 2026
Bedrooms
3
Bathrooms
3
Half-baths
1
Living Area
1,707
Development
Cape Coral
Subdivision
Cape Coral

Property Description

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.

Additional Information

Taxes
$4,842
Building Design
Single Family
Year Built
1969
Community Type
Non-Gated
Construction
Block, Concrete, Stucco
Living Area
1,707
Acres
0.25
Interior Features
Living/Dining Room, Pantry, Shower Only, Separate Shower, Split Bedrooms
Amenities
None
Cooling
Central Air, Ceiling Fan(s), Electric
Heating
Central, Electric
Flooring
Tile
Garage Spaces
2
Exterior Features
Fruit Trees, Security/High Impact Doors, Outdoor Kitchen, Gas Grill
View
Canal
Gulf Access
Yes
Gulf Access Type
Bridge(s)/Water Indirect
Waterfront
Yes
Waterfront Description
Canal Access
Water
Public
Sewer
Assessment Paid
Pool Description
In Ground
Stories
1
Pets
Yes

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Listing courtesy of Compass Florida, LLC. Selling Office: .