$550,000

1421 SE 31st TER, Cape Coral, FL 33904

3 beds |
3 baths |
1,707 sqft

Single-Family Home
Built in 1969
10,803sqft lot
2 car garage
$322/sqft
Listed 7 days ago

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.

Listing Status:: Pending
Date Added:: March 11, 2026
Data Last Updated:: March 18, 2026 at 6:07AM
Listing Office:: Compass Florida, LLC : (305) 851-2820
MLS ID:: 2026012192

General: Pantry
Appliances: Electric CooktopDishwasherDisposalDryerGrill - GasMicrowaveRefrigerator/FreezerTankless Water HeaterWasher
Dining: Dining - Living
Laundry: Laundry in Residence
Flooring: Tile
A/C: Ceiling Fan(s)Central Electric
Heating: Central Electric

General: Boat Dock PrivateBoat LiftScreened Lanai/PorchOutdoor KitchenOutdoor KitchenAbove Ground
Style: RanchSingle Family
Pool: Below Ground
Parking: AttachedParking spaces: 2

Roofing: Shingle
General: Concrete BlockStucco1Concrete Block

HOA Amenities: 0.0
Originating MLS: Florida Gulf Coast
County: Lee

Zoning: R131-44-24-C3-00614.0570
View: CanalView
Restrictions: None/Other

Water: Central

Source: Florida Gulf Coast

This listing courtesy of Compass Florida, LLC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Cape Elementary School

4519 Vincennes Blvd, Cape Coral, FL, 33904

Grades KG-5

1.83 miles away

Heritage Charter Academy of Cape Coral

2107 Santa Barbara Blvd, Cape Coral, FL, 33991

Grades KG-8

2.22 miles away

Cape Coral High School

2300 Santa Barbara Blvd, Cape Coral, FL, 33991

Grades 9-12

2.18 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.