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$669,500 Just Listed

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 3 Full Baths
  • 2,108 Sq. Ft.
  • Updated 1 day ago
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Brand-new 4-bedroom, 3-bath pool home with canal access built by MAGNA Homes featuring an open-concept layout, 3-car garage with epoxy flooring, and located outside of a flood zone (no flood insurance required). Designed for both comfort and entertaining, the home offers seamless living, dining, and kitchen areas with abundant cabinetry, premium finishes, and custom built-in closets throughout. Enjoy a private outdoor retreat with an oversized pool, heather, integrated spa, full screen enclosure, fenced backyard and a fully equipped outdoor kitchen with sink and under-counter refrigerator. Additional features a paver driveway and pool deck, and a complete irrigation system. Built with durability in mind, this property includes reinforced poured concrete columns spaced every four feet or less, a 24-gauge Kynar-coated metal roof, and impact-resistant windows and doors rated up to ±80 PSF. Conveniently located near major roadways with easy access to shopping, dining, and everyday essentials, this home offers a perfect balance of quality construction, functionality, and Florida living. Conveniently located close to Del Prado, Pine Island Rd, restaurants, shopping, Lee Health Hospital, Caloosa Elementary and Middle School

Full Property Details for 1516 NE 2nd Terrace

General

  • Price: $669,500
  • Taxes: (2025)
  • Status: Active
  • Type: Single Family
  • Source: Bonita_Springs
  • MLS ID: 2026035162
  • Updated: 8/20/2026
  • Added to Site: 2 day(s) ago

Interior

  • Interior Features: Split Bedrooms, Bar, Built-In Cabinets, Custom Mirrors, Pantry, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances: Electric Cooktop, Dishwasher, Disposal, Microwave, Refrigerator with Icemaker, Wine Cooler
  • Furnishings: Unfurnished
  • Flooring: Tile

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Primary Bathroom: Dual Sinks, Multiple Shower Heads

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Kitchen: Kitchen Island, Pantry
  • Dining Room: Breakfast Bar, Breakfast Room, Dining - Family, Dining - Living, Eat-in Kitchen
  • Laundry: Washer/Dryer Hookup

Additional Information

  • Shared Amenities: None, Non-Gated
  • Pool: Yes
  • Private Pool: Yes
  • Pool Description: In Ground, Electric Heat
  • Spa: Yes
  • Spa Description: In Ground, Heated (Electric)
  • Security/Safety: Smoke Detectors

Exterior

  • Exterior Features: Outdoor Grill, Outdoor Kitchen
  • Porch/Patio/Deck: Screened Porch, Open Porch/Lanai

Parking

  • Garage: Yes
  • Garage Spaces: 3
  • Covered Spaces: 3
  • Parking Features: 2+ Spaces, Driveway Paved, Paved, Detached, Garage

Location

  • Area: CC31 - Cape Coral Unit 17, 31-36,
  • County: Lee
  • Subdivision: CAPE CORAL
  • Building Name: CAPE CORAL
  • Driving Directions: Google maps and Maps
  • Direction Faces: West

School Information

  • Elementary School: CALOOSA
  • Middle School: CALOOSA

Community

  • Assoc. Fees Include: None
  • Pets Allowed: Yes
  • Management Type: None

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Ceiling Fan(s), Central Electric
  • Heating Type: Central Electric

Utilities

  • Sewer: Assessment Paid
  • Water: Assessment Paid
  • Cable Available: Yes
  • Utility Description: Cable Available

Structural Information

  • Architectural Style: Florida
  • Description/Design: Single Family Residence
  • Exterior Const.: Concrete Block, Elevated, Stucco
  • Roof: Metal
  • Windows: Impact Resistant, Impact Resistant Windows
  • Doors: Impact Resistant Doors
  • Stories/Levels: 1
  • Stories in Building: 1
  • Square Feet: 2,108
  • Sq. Ft. Source: Architectural Plans
  • Living Area: 2,108 Sq. Ft.
  • Year Built: 2026
  • Property Condition: New Construction

Additional Structures

  • Other Structures: Guest House

Lot Features

  • Property View: Canal
  • Lot Size (Acres): 0.23
  • Lot Size (Sq. Ft.): 10,018
  • Lot Size Source: Architectural Plans
  • Lot Dimensions: 100 x 100 x 100 x 100
  • Frontage: Access Road
  • Frontage Feet: 100
  • Street/Road Desc.: Paved
  • Irrigation System: Assessment Paid
  • Lot Features: Regular
  • Zoning: R1-W
  • Lot Description: Regular

Water Features

  • Water Front: Yes
  • Water Front Desc.: Canal Front
  • Canal Width: Canal Width 31-80

Financial Considerations

  • Tax Year: 2025
  • Terms: Buyer Finance/Cash, FHA, VA Loan

Disclosures and Reports

  • Ownership: Single Family
  • Legal Description: CAPE CORAL UNIT 17 BLK.1496 PB 14 PG 30 LOTS 47 + 48
  • Property ID: 07-44-24-C3-01496.0470
  • Section: 7
  • Block: 1496
  • Lot Number: 47

Listed by Magna Realty, LLC

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Listing agent

— 1516 NE 2nd Terrace —

  • Magna Realty, LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 1516 NE 2nd Terrace

School District:Lee County School District, Fort Myers, FL
NameGradesDistance
Caloosa Elementary School
620 Del Prado Boulevard South, Cape Coral, FL 33990
K-51.1 mi
Tropic Isles Elementary School
5145 Orange Grove Boulevard, North Fort Myers, FL 33903
K-51.7 mi
Diplomat Elementary School
1115 Northeast 16th Terrace, Cape Coral, FL 33909
K-52 mi
Caloosa Middle School
610 Del Prado Boulevard South, Cape Coral, FL 33990
6-80.9 mi
Diplomat Middle School
1039 Northeast 16th Terrace, Cape Coral, FL 33909
6-82 mi
North Fort Myers High School
5000 Orange Grove Boulevard, North Fort Myers, FL 33903
9-122.1 mi
Mariner High School
701 Chiquita Boulevard North, Cape Coral, FL 33993
9-123.9 mi
Cape Coral High School
2300 Santa Barbara Boulevard, Cape Coral, FL 33991
9-124 mi
Hancock Creek Elementary School
1601 Skyline Drive, North Fort Myers, FL 33903
K-52.5 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1516 NE 2nd Terrace Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/20/2026
Listed
$669,500
76.18%
MLS
10/17/2024
Sold
$380,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1516 NE 2nd Terrace

Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,724
17%
$71,060
24%
2024
$1,473
1%
$57,372
-18%
2023
$1,463
82%
$70,319
170%
2021
$803
-35%
$26,000
-50%
2022
$1,234
54%
$52,000
73%
2021
$803
14%
$30,000
61%
2019
$702
2%
$18,602
10%
2018
$685
14%
$16,911
-6%
2017
$599
6%
$18,000
—
2016
$564
9%
$18,000
12%
2015
$517
16%
$16,000
14%
2014
$444
29%
$14,000
33%
2013
$344
—
$10,500
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Magna Realty, LLC

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1516 NE 2nd Ter, Cape Coral, FL 33909 (MLS# 2026035162) is a Single Family property with 4 bedrooms and 3 full bathrooms. 1516 NE 2nd Ter is currently listed for $669,500 and was received on August 20, 2026. Want to learn more about 1516 NE 2nd Ter? Do you have questions about finding other Single Family real estate for sale in Cape Coral? You can browse all Cape Coral real estate or contact a Coldwell Banker agent to request more information.

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