2840 NW 2ND TERRACE, Cape Coral, FL 33993 — MLS photo

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2840 NW 2ND TERRACE, Cape Coral, FL 33993

Active · SingleFamilyResidence

$279,000

2840 NW 2ND TERRACE, Cape Coral, FL 33993

Beds
3
Baths
2
Living area
1,556 sq ft
$ / sq ft
$179/sq ft
Year built
2003
Lot size
13,900 sq ft
HOA fee
—
Annual tax
$1,805

About this property

This beautifully 3/2 maintained single-family home showcases a spacious, open-concept layout complemented by an attached garage and abundant natural light, creating a warm yet sophisticated atmosphere throughout. Already comes with Impact Windows, New AC, New Water Heater, Dura Fence all around, Aqua Clean Water Purification System and much more. Set on a generously sized lot along a quiet residential street, the property offers the perfect balance of privacy and accessibility. The expansive outdoor space presents endless opportunities to design your dream backyard oasis, whether that includes a custom pool, outdoor kitchen, or tranquil entertaining area tailored to the Florida lifestyle. Built with durable CBS construction, this home delivers both structural integrity and long-term value, appealing to discerning homeowners and savvy investors alike. Its clean architectural lines and versatile layout provide a seamless blend of comfort, style, and potential. Ideally located near shopping, dining, schools, and major roadways, this residence offers convenience without compromising serenity. Whether you are searching for a primary home, seasonal retreat, or investment opportunity, this property stands out as a rare offering in a thriving market. Schedule your private showing today and discover the lifestyle that awaits.

Property location

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2840 NW 2ND TERRACE, Cape Coral, FL 33993

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Facts & features

Interior

Bedrooms
3
Bathrooms
2
Living area
1,556 sq ft
Flooring
Ceramic Tile
Appliances
Dishwasher, Microwave, Refrigerator
Cooling
Central Air
Heating
Central
Interior features
Bedroom On Main Level, First Floor Entry

Exterior & Structure

Property type
SingleFamilyResidence
Year built
2003
Lot size
13,900 sq ft
Architectural style
One Story
Roof
Shingle
Construction
Block
Exterior features
Fence, Room For Pool
Pool
None
View
Garden, Other

Parking

Garage spaces
2
Covered spaces
2
Parking features
Attached, Driveway, Garage

HOA, Community & Financials

Pets allowed
No
Annual tax
$1,805
Subdivision
Cape Coral Unit 55
County
Lee
Days on market
21
MLS listing ID
A12001073
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

$1,575

Cap rate
12.5%
Net yield
12.5%
Cash-on-cash return
24.2%
Gross yield
15.3%
Mortgage payment
$1,323/mo
Down payment
$69,750
Loan amount
$209,250
Annual NOI
$34,776

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.