2321 SQ FT

Year 1988

N/A ROOMS

0.23 ACRES

3 BEDS

2/0 BATHS

2 CAR(S)

2026033240

CAPE CORAL Home for Sale

420 SE 15th TER

**GREAT INVESTMENT OPPORTUNITY – NOT IN A FLOOD ZONE X – TENANT IN PLACE – SOUTHERN EXPOSURE WATERFRONT HOME!** Fantastic investment opportunity! Beautiful **concrete block waterfront home** with 3 bedrooms, 2 baths, 2-car garage and southern exposure on a freshwater canal. Tenant in place through **April 1st, paying $1,950/month and taking care of the lawn.** Start collecting rental income immediately while owning a beautifully updated waterfront property! Located in ** Not In Flood Zone X**, with **city water and sewer**, canal views, brick paver driveway and a **fully fenced property**. White vinyl fencing in front and Left Side with chain-link fencing along the right sides and rear provides security for pets and family while preserving the water views. A HUGE highlight is the **2025 stone-coated STEEL ROOF that looks like beautiful tile!** Get the upscale appearance of tile with the strength, durability and benefits of a metal roof—a combination that can be favorable from an insurance standpoint. **3-nail roof strapping** was also completed in 2025 to help with insurance rates. Seller would prefer to keep this income-producing property but needs to sell to complete another property, creating a great opportunity for the next owner. Enter through double doors into a spacious home with high ceilings, tile throughout the main living areas and **hurricane-impact windows, doors and sliders**. Huge living room with recessed lighting and a 3-panel impact-glass pocket slider opening to the lanai for true indoor-outdoor living. Remodeled kitchen features **quartz countertops, real wood cabinets**, U-shaped counter, large pantry and spacious dining area with bay windows. Bedrooms feature waterproof luxury vinyl plank flooring. Primary suite has double sliders to the oversized lanai and a remodeled spa-like bath with quartz vanity, walk-in shower, decorative stone accents, built-in niches, handheld and rain showers, plus LED lighting. Remodeled guest bath offers quartz countertop, real wood cabinetry and tub/shower. Outside, enjoy a **large concrete patio, southern exposure and freshwater canal views**, perfect for entertaining, barbecuing and relaxing. Interior laundry with newer washer/dryer, storage shed and 2-car garage with insulated hurricane-rated garage door. **UPGRADES:** **2026** New hot water heater. **2025** Stone-coated steel roof, 3-nail strapping, remodeled kitchen & baths, quartz counters, real wood cabinets, waterproof vinyl plank bedroom flooring, interior & exterior painted. **2022** New A/C with UV lighting. **2017** High-impact windows, doors & sliders; paver driveway. **2014** Re-piped with CPVC. Close to **schools, shopping, dining, restaurants, hospitals and everyday conveniences.** Immediate rental income, major upgrades, Flood Zone X, city water/sewer, full fencing, southern exposure and canal frontage. **GREAT INVESTMENT AT A GREAT PRICE – DON'T MISS OUT!**

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Amenities & Features

Listing Details

Price

$369,500

Year Built

1988

SQ FT

2321

Levels

1

Lot Size

0.23 ACRES

Tax Key

24-44-23-C3-01014.0620

TaxYear

2025

Property Taxes

$6,700

Exclusions

N/A

Property Type

Single Family Residence

Property Status

Active

MLS#

2026033240

Interior Features

Included Appliances

Electric Cooktop

Dishwasher

Disposal

Dryer

Microwave

Refrigerator / Icemaker

Washer

Interior Features

Closet Cabinets

French Doors

Pantry

Smoke Detectors

Vaulted Ceiling(s)

Window Coverings

Zero / Corner Door Sliders

Exterior Features

Architectural Style

Ranch, Single Family

Construction Materials

Concrete Block, Stucco

Lot Features

Regular

Parking Features

Covered, Driveway Paved, Attached

Exterior Features

Open Porch/Lanai,Storage,,,,,,,,,

Other Structures

Storage,,,,,,,,,,

Storage

Open Porch/Lanai

Storage

Waterfront Features

Canal Front

Seawall

Utilities

Heating

Central Electric

Cooling

Ceiling Fan(s)

Central Electric

Water Source

Central

Data Source

Propert ID: 2026033240
Source: Naples Area Board of REALTORS®

Photos, Videos & Tours

$369,500

420 Se 15Th Ter

Listed by Schiff Realty, Inc

CAPE CORAL

About Cape Coral

On Florida’s Southwest Coast, Cape Coral offers the best of both worlds, with a combination of big-city living and close access to pristine natural areas and beautiful islands.

Community Population

N/A

Community Area

N/A SQ/MILES

Community Suburb of

Lee County

Community Lifestyle

N/A

FOUNDER | CEO

Suzanne Powers

Wisconsin's #1 Boutique Broker TM

239.261.9131

suzanne@powersrealty.com

Powers Realty Group - Naples / Marco Island

780 Fifth Avenue South, Suite #200
Naples, FL 34102

Suzanne Powers

Request a Showing for

420 SE 15th TER

$369,500

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