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$449,000

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 3 Full Baths
  • 1,842 Sq. Ft.
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Welcome to this beautifully designed 4-bedroom, 3-bath residence offering 1,843 sq. ft. of modern living space in the heart of Cape Coral. Completed in 2023, this home blends elegant design with everyday functionality. A white fence surrounds the property, adding both privacy and curb appeal. Inside, the open floor plan showcases premium flooring, spacious living and dining areas, and a contemporary kitchen with stainless steel appliances that make entertaining and daily living a breeze. The primary suite has been thoughtfully converted into a private room with its own entrance, perfect for use as an additional bedroom, private office, or efficiency unit. For those who prefer the original design, it can easily be restored by removing the interior door. This flexible layout ensures the home can adapt to a variety of lifestyles. Highlights include: Four bedrooms and three full bathrooms, offering plenty of space. Furniture negotiable for an easy move-in option. Large lot with room to add a pool, creating the potential for your own private outdoor retreat. Rental flexibility - suitable for short-term stays (Airbnb/seasonal use) or long-term leasing with no restrictions. No HOA, giving homeowners freedom without additional association fees. Convenient location near shopping centers, dining, and main roadways. This Cape Coral property combines modern finishes, versatility, and prime location-a perfect opportunity for primary living, seasonal enjoyment, or investment potential in Southwest Florida.

Full Property Details for 507 NW 1st Terrace

General

  • Price: $449,000
  • Taxes: (2024)
  • Status: Active
  • Type: Single Family
  • Source: Bonita_Springs
  • MLS ID: 2025005588
  • Updated: 12/10/2025
  • Added to Site: 149 day(s) ago

Interior

  • Interior Features: Closet Cabinets, Entrance Foyer
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Furnishings: Negotiable
  • Flooring: Tile

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Primary Bathroom: See Remarks

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Kitchen: Kitchen Island
  • Laundry: Inside

Additional Information

  • Shared Amenities: Extra Storage, Internet Access, None, Non-Gated
  • Security/Safety: Smoke Detectors

Exterior

  • Exterior Features: Automatic Sprinkler
  • Porch/Patio/Deck: Open Porch/Lanai

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 2
  • Covered Spaces: 2
  • Parking Features: 2+ Spaces, Garage Door Opener, Attached

Location

  • Area: CC41 - Cape Coral Unit 37-43, 48, 49
  • County: Lee
  • Subdivision: CAPE CORAL
  • Building Name: CAPE CORAL
  • Direction Faces: Southwest

Community

  • Assoc. Fees Include: Internet
  • Units Assoc/Comm: 1
  • Pets Allowed: Yes
  • Management Type: None

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Central Electric
  • Heating Type: Central Electric

Utilities

  • Sewer: Central
  • Water: Central
  • Cable Available: Yes
  • Utility Description: Cable Available

Structural Information

  • Description/Design: Single Family Residence
  • Exterior Const.: Concrete Block, Stucco
  • Roof: Shingle
  • Windows: Single Hung
  • Doors: French Doors
  • Stories/Levels: 1
  • Stories in Building: 1
  • Square Feet: 1,842
  • Sq. Ft. Source: Previous Appraisal
  • Living Area: 1,842 Sq. Ft.
  • Year Built: 2023

Additional Structures

  • Other Structures: Guest House

Lot Features

  • Property View: None/Other
  • Lot Size (Acres): 0.23
  • Lot Size (Sq. Ft.): 10,018
  • Lot Size Source: Property Appraiser Office
  • Fence: Yes
  • Irrigation System: Central
  • Lot Features: Regular
  • Zoning: R1-D
  • Lot Description: Regular
  • Fencing (Description): Fenced

Water Features

  • Water Front Desc.: None
  • Canal Width: None

Financial Considerations

  • Tax Year: 2024
  • Terms: Buyer Finance/Cash, FHA, VA Loan

Disclosures and Reports

  • Ownership: Single Family
  • Legal Description: CAPE CORAL UNIT 37 BLK 2581 PB 17 PG 17 LOTS 55 + 56
  • Property ID: 11-44-23-C4-02581.0550
  • Section: 11
  • Block: 2581
  • Lot Number: 55

Listed by Real Estate Investment Services Inc

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Listing agent

— 507 NW 1st Terrace —

  • Real Estate Investment Services Inc

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 507 NW 1st Terrace

School District:Lee County School District, Fort Myers, FL
NameGradesDistance
Hector A. Cafferata Jr Elementary School
250 Santa Barbara Boulevard North, Cape Coral, FL 33993
K-50.6 mi
Patriot Elementary School
711 Southwest 18th Street, Cape Coral, FL 33991
K-52.3 mi
Skyline Elementary School
620 Southwest 19th Street, Cape Coral, FL 33991
K-52.6 mi
Mariner Middle School
425 Chiquita Boulevard North, Cape Coral, FL 33993
6-81.4 mi
Challenger Middle School, Cape Coral, FL
624 Trafalgar Parkway, Cape Coral, FL 33991
6-82.2 mi
Caloosa Middle School
610 Del Prado Boulevard South, Cape Coral, FL 33990
6-82.7 mi
Mariner High School
701 Chiquita Boulevard North, Cape Coral, FL 33993
9-121.5 mi
Cape Coral High School
2300 Santa Barbara Boulevard, Cape Coral, FL 33991
9-123.1 mi
North Fort Myers High School
5000 Orange Grove Boulevard, North Fort Myers, FL 33903
9-124.7 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 507 NW 1st Terrace Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/27/2025
Price Reduced
$449,000
-1.32%
MLS
8/22/2025
Listed
$455,000
8.33%
MLS
3/22/2024
Sold
$420,000
—
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 507 NW 1st Terrace

Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,178
-27%
$336,647
-4%
2024
$7,053
124%
$351,048
607%
2023
$3,153
14%
$49,652
364%
2021
$2,768
-11%
$10,700
-63%
2022
$3,099
12%
$29,040
231%
2021
$2,768
-7%
$8,775
-3%
2019
$2,971
—
$9,077
10%
2018
$2,959
576%
$8,252
-24%
2017
$438
14%
$10,821
55%
2016
$385
10%
$7,000
13%
2015
$349
-1%
$6,200
10%
2014
$351
80%
$5,640
25%
2013
$195
—
$4,500
—
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 Real Estate Investment Services Inc

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507 NW 1st Ter, Cape Coral, FL 33993 (MLS# 2025005588) is a Single Family property with 4 bedrooms and 3 full bathrooms. 507 NW 1st Ter is currently listed for $449,000 and was received on August 22, 2025. Want to learn more about 507 NW 1st 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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