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$575,000
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Property Description
Welcome to Your Waterfront Paradise on a Beautiful Freshwater Canal! NO FLOOD INSURANCE REQUIRED. Nestled in a prime location, this stunning home exudes pride of ownership from the moment you arrive. As you approach, the double front glass doors open to reveal a bright, modern interior with soaring ceilings and high-gloss tile floors that set the tone for the rest of the home. The open-concept, split-bedroom layout is perfect for both everyday living and entertaining. Offering 4 spacious bedrooms and 2.5 bathrooms, this home is ideal for larger families and presents an incredible opportunity as an investment property. Currently operating as a successful Airbnb, it comes with upcoming bookings that can be transferred to the new owners, making it a truly turnkey property. Step outside and you'll find a large paved lanai with a sparkling inground pool, perfectly positioned to take full advantage of the southern exposure and soak up the sun all day long. The home also boasts an epoxy-finished garage floor, adding to its modern appeal. For water lovers, the freshwater canal offers endless opportunities for fun, whether you prefer kayaking, paddleboarding, or cruising on a paddleboat. No flood insurance needed. The large, fenced yard ensures complete privacy, making it the perfect place to unwind and enjoy the serene surroundings. This is more than just a home; it's where living begins-your own slice of paradise. Fully turnkey and ready for you to move in and start enjoying life on the water today! *VETERAN FRIENDLY*
Full Property Details
Full Property Details for 318 SE 15th Terrace
General
- Price: $575,000
- Taxes: (2024)
- Status: Active
- Type: Single Family
- Source: Bonita_Springs
- MLS ID: 225025374
- Updated: 11/21/2025
- Added to Site: 314 day(s) ago
Interior
- Interior Features: Split Bedrooms, Entrance Foyer, Volume Ceiling
- Appliances: Dryer, Microwave, Range, Refrigerator/Freezer, Washer
- Furnishings: Turnkey
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
- Primary Bathroom: Dual Sinks, Separate Tub And Shower
Bedrooms
- Total Bedrooms: 4
- Primary Bedroom: Master BR Ground
Other Rooms
- Kitchen: Kitchen Island, Pantry
- Dining Room: Breakfast Bar, Eat-in Kitchen
- Laundry: Inside
Additional Information
- Shared Amenities: None, No Subdivision
- Pool: Yes
- Private Pool: Yes
- Pool Description: In Ground, Electric Heat
Exterior
- Exterior Features: Gas Grill, Automatic Sprinkler
- Porch/Patio/Deck: Open Porch/Lanai
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Driveway Paved, Attached
Location
- Area: CC14 - Cape Coral Unit 16, 18, 22-
- County: Lee
- Subdivision: CAPE CORAL
- Building Name: CAPE CORAL
- Driving Directions: USE GPS
- Direction Faces: North
Community
- Assoc. Fees Include: None
- Units Assoc/Comm: 1
- Pets Allowed: Yes
- Management Type: None
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ceiling Fan(s), Central Electric, Exhaust Fan
- Heating Type: Central Electric
- Ceiling Fan(s): 7
Utilities
- Sewer: Assessment Paid
- Water: Assessment Paid
- Cable Available: Yes
- Utility Description: Cable Available
Structural Information
- Description/Design: Single Family Residence
- Exterior Const.: Concrete Block, Stucco
- Roof: Shingle
- Windows: Impact Resistant, Impact Resistant Windows
- Doors: Impact Resistant Doors
- Stories/Levels: 1
- Stories in Building: 1
- Square Feet: 1,736
- Sq. Ft. Source: Property Appraiser Office
- Living Area: 1,736 Sq. Ft.
- Year Built: 2022
Lot Features
- Property View: Canal
- Lot Size (Acres): 0.23
- Lot Size (Sq. Ft.): 10,018
- Lot Size Source: Property Appraiser Office
- Lot Dimensions: 80 x 80 x 120 x 120
- Frontage: Public Road
- Frontage Feet: 80
- Fence: Yes
- Irrigation System: Assessment Paid
- Lot Features: Regular
- Zoning: R1-W
- Lot Description: Regular
- Fencing (Description): Fenced
Water Features
- Water Front: Yes
- Water Front Desc.: Canal Front, Freshwater, Seawall
- Canal Width: Canal Width 31-80
Financial Considerations
- Tax Year: 2024
- Terms: Buyer Finance/Cash, FHA, VA Loan
Disclosures and Reports
- Ownership: Single Family
- Legal Description: CAPE CORAL UNIT 24 BLK.1014 PB 14 PG 68 LOTS 51 + 52
- Property ID: 24-44-23-C4-01014.0510
- Section: 24
- Block: 1014
- Lot Number: 51
Listed by John R. Wood Properties
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Schools
Schools serving 318 SE 15th Terrace
School District:Lee County School District, Fort Myers, FL
| Name | Grades | Distance |
|---|---|---|
Skyline Elementary School 620 Southwest 19th Street, Cape Coral, FL 33991 | K-5 | 1.4 mi |
Patriot Elementary School 711 Southwest 18th Street, Cape Coral, FL 33991 | K-5 | 1.4 mi |
Caloosa Elementary School 620 Del Prado Boulevard South, Cape Coral, FL 33990 | K-5 | 2 mi |
Challenger Middle School, Cape Coral, FL 624 Trafalgar Parkway, Cape Coral, FL 33991 | 6-8 | 1.3 mi |
Caloosa Middle School 610 Del Prado Boulevard South, Cape Coral, FL 33990 | 6-8 | 2 mi |
Trafalgar Middle School 2120 Trafalgar Parkway, Cape Coral, FL 33991 | 6-8 | 3.1 mi |
Cape Coral High School 2300 Santa Barbara Boulevard, Cape Coral, FL 33991 | 9-12 | 1.2 mi |
Mariner High School 701 Chiquita Boulevard North, Cape Coral, FL 33993 | 9-12 | 3.7 mi |
Ida S. Baker High School 3500 Agualinda Boulevard, Cape Coral, FL 33914 | 9-12 | 4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 318 SE 15th Terrace
Date
Details
Price
Change
Source
10/30/2025
Price Reduced
$575,000
-1.71%
MLS
6/18/2025
Price Reduced
$585,000
-0.85%
MLS
3/10/2025
Listed
$590,000
3.51%
MLS
11/21/2022
Sold
$570,000
—
Public Record
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
Tax History for 318 SE 15th Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,759
-15%
$439,434
-7%
2024
$7,923
14%
$474,375
20%
2023
$6,966
281%
$396,424
820%
2022
$1,830
7%
$43,080
66%
2021
$1,709
19%
$26,000
6%
2018
$1,440
5%
$24,479
9%
2017
$1,371
1%
$22,368
7%
2016
$1,360
-7%
$21,000
-22%
2019
$1,467
11%
$26,927
28%
2015
$1,323
6%
$21,000
11%
2014
$1,252
9%
$19,000
25%
2013
$1,148
—
$15,200
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 318 SE 15th Terrace
318 SE 15th Ter, Cape Coral, FL 33990 (MLS# 225025374) is a Single Family property with 4 bedrooms, 2 full bathrooms and 1 partial bathroom. 318 SE 15th Ter is currently listed for $575,000 and was received on March 10, 2025. Want to learn more about 318 SE 15th 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.

