Cape Coral Homes under $400,000

Cape Coral Homes under $400,000

Welcome to Cape Coral, Florida – a vibrant and picturesque city nestled in Lee County, known for its stunning waterfront views and a lifestyle that perfectly blends relaxation with recreation. With over 400 miles of navigable waterways, Cape Coral is a boater's paradise, offering direct access to the Gulf of Mexico and an array of outdoor activities. From fishing and kayaking to sunbathing on beautiful beaches, Cape Coral is an outdoor enthusiast's dream.

For those seeking an affordable slice of this Florida paradise, you’ll be delighted to discover a range of homes available for under $400,000. These properties offer not only great value but also a chance to experience the charm and warmth of Cape Coral living. Whether you’re a first-time homebuyer, a growing family, or looking to downsize, you’ll find an array of options, including cozy single-family homes, modern townhouses, and inviting villas.

The community spirit in Cape Coral is palpable, with numerous parks, recreational facilities, and events that bring residents together. Enjoy the vibrant local dining scene, unique boutiques, and cultural experiences that make Cape Coral a wonderful place to call home.

With its affordable housing options, stunning natural beauty, and a welcoming community, Cape Coral is the perfect place to start your next chapter. Explore the possibilities today and discover why so many are choosing to make Cape Coral their home!

Newest Cape Coral Homes under $400,000

317 SE 25th Terrace, Cape Coral
$294,900
3 Beds ⋅ 2 Baths ⋅ Cape Coral SubDv.
Beautifully maintained 3 bedroom, 2-bathroom home with a 2-car garage and an impressive LARGE fenced-in yard—perfect for pets, outdoor living, and privacy. This property offers a clean, move-in-ready interior featuring tile flooring throughout the main living areas and brand-new vinyl flooring in both bedrooms, providing durability and modern appeal. The bright, open layout includes a comfortable living space, a functional kitchen, and well-sized bedrooms. The primary suite offers its own bathroom, while the second bedroom and bath are ideal for guests or family. The spacious fenced yard provides endless possibilities for entertaining, gardening, or future outdoor enhancements. Located in a convenient SE Cape Coral neighborhood close to shopping, dining, schools, and quick commuter routes.

317 SE 25th Terrace, Cape Coral
1609 NW 31st Place, Cape Coral
$379,900
4 Beds ⋅ 2 Baths ⋅ Cape Coral SubDv.
Welcome to 1609 NW 31st Place, a newly built 4 bedroom, 2 bath concrete block home in fast growing Northwest Cape Coral that gives you the peace of mind of new construction with NO HOA and no wait to build! Enjoy 1,819 square feet under air with modern finishes and a light, bright palette that fills the home with natural light. The kitchen features dovetail wood cabinets with soft close doors and drawers, quartz countertops, and stainless steel appliances. IMPACT windows and a TILE roof are built to stand up to Florida storms and can help lower your insurance costs. The backyard has room for a pool, so you can create your own private Florida oasis. This home is flexible enough to suit a first time buyer, an investor, or an Airbnb host! Coral Oaks Golf Course, an 18 hole Arthur Hills design, is just minutes away, and Pine Island Road shopping, including Publix, is about ten minutes from your door. Boaters can launch from Burnt Store Marina or explore the waterfront fishing village of Matlacha, each about 15 minutes away. Burnt Store Road and Pine Island Road make trips to Punta Gorda, Fort Myers, and the Gulf beaches easy. Skip the build timeline, the wear of a resale, and the HOA fees, and make this brand new Cape Coral home yours today!

1609 NW 31st Place, Cape Coral
1603 NE 34th Lane, Cape Coral
$399,000
4 Beds ⋅ 3 Baths ⋅ Cape Coral SubDv.
Welcome to this beautifully remodeled 4-bedroom, 3-bathroom home in Cape Coral! Thoughtfully updated and move-in ready, this spacious residence offers the perfect combination of comfort, style, and convenience. Step inside to discover a fresh, modern feel throughout, with a desirable layout and quality finishes. The kitchen features beautiful granite countertops and plenty of space for preparing meals and entertaining. With four bedrooms and three full bathrooms, there is plenty of room for family, guests, or flexible living arrangements. Need a dedicated workspace? The bonus room offers the perfect opportunity for a home office, study, hobby room, or additional flex space to suit your lifestyle. A major highlight of this home is the whole-house solar system, providing an energy-conscious feature that can help with everyday efficiency. With the remodeling already completed, you can enjoy a beautifully updated home without the hassle of taking on major renovation projects. Location is a key advantage, with convenient access to a variety of shopping, dining, entertainment, and everyday amenities. The property is also located near Pine Island Road and offers easy access toward US-41, making it convenient to explore Cape Coral, Fort Myers, and surrounding areas. With continued growth and new development in the area, you'll be close to an expanding selection of shops, restaurants, and services. Whether you're looking for a spacious primary residence, a Florida getaway, or a move-in-ready home with modern updates and whole-house solar, this property is ready to welcome its next owner. Come see everything this Cape Coral home has to offer!

1603 NE 34th Lane, Cape Coral
1722 SE 6th Terrace, Cape Coral
$319,000
3 Beds ⋅ 2 Baths ⋅ Cape Coral SubDv.
LOCATION, LOCATION, LOCATION! WELL-MAINTAINED POOL HOME IN THE HEART OF CAPE CORAL! Conveniently located just off Del Prado Boulevard with quick access to Veterans Parkway, making commuting to Fort Myers, Southwest Florida International Airport, and surrounding areas a breeze! Enjoy being just minutes from shopping, dining, entertainment, and all the amenities Cape Coral has to offer. This well-maintained home offers the perfect combination of comfort, convenience, and Florida living! Step outside and enjoy your own private pool, perfect for relaxing, entertaining, or soaking up the Florida sunshine year-round. Numerous recent improvements provide added value and peace of mind, including a NEW A/C (2026), NEW WATER HEATER (2026), NEW SOLAR POOL HEATER (2024), ROOF AND SOFFITS (2023), and a beautifully RENOVATED SHOWER (2024). Even better, the property is located OUTSIDE THE FLOOD ZONE, and ALL CITY WATER AND SEWER ASSESSMENTS ARE IN AND PAID! With major updates already completed and a desirable central location, this home is an excellent opportunity for a primary residence, seasonal getaway, or investment property. Enjoy the best of Southwest Florida living with everything you need just a short drive away. Schedule your private showing today!

1722 SE 6th Terrace, Cape Coral
714 SW 4th Street, Cape Coral
$395,000
3 Beds ⋅ 2 Baths ⋅ Cape Coral SubDv.
BRAND-NEW CONSTRUCTION IN A PRIME CAPE CORAL LOCATION! Discover this beautifully designed new construction home featuring 3 bedrooms, 2 bathrooms, and a versatile den/office that offers flexibility for additional living space or a potential fourth bedroom. This stunning property features impact-resistant windows and doors, elegant porcelain tile flooring, quartz countertops in the kitchen, bathrooms, and laundry room, stainless steel appliances, and luxurious finishes throughout. Enjoy a covered lanai, a concrete driveway, and the convenience of city water. ALL ASSESSMENTS HAVE BEEN PAID IN FULL, providing significant value and potential savings for the future homeowner! Move-in ready and never occupied, this home is competitively priced below similar properties on the market, making it an exceptional opportunity. Whether you’re a first-time homebuyer, looking for a brand-new home, or an investor searching for a great opportunity, this property deserves your attention. Schedule your private showing today and discover the value this beautiful home has to offer!

714 SW 4th Street, Cape Coral
1804 Viscaya Parkway, Cape Coral
$365,900
3 Beds ⋅ 2 Baths ⋅ Cape Coral SubDv.
Great location, close to it all! This spacious 3-bedroom, 2-bath screened pool home with a den offers comfort, convenience, and functionality. With a well-designed floor plan, it's perfect for everyday living and effortless entertaining.Immediately upon entering the foyer, your attention will be drawn to the pool area-your private outdoor oasis. Complete with newer custom kitchen cabinets, stainless steel appliances, central A/C, decorative ceiling fans, and more. The covered patio area offers seating areas perfect for enjoying your morning coffee or winding down at the end of the day. The kitchen features granite countertops, abundant counter and cabinet space, as well as a bar area. With so much space to work with, the possibilities to craft and create are endless. The choice is yours. The generously sized main bedroom offers direct access to the screened, covered patio and pool. Bathrooms feature newer vanities. Additional highlights include an inside laundry room with extra storage and utility tub, Roof - 20238, A/C- 2026, and NO FLOOD ZONE. This SE Cape Coral home is conveniently located near Cape Coral Hospital, schools, shopping, dining, boating, and golf courses-combining a peaceful setting with everyday convenience. Let's make this home your home!

1804 Viscaya Parkway, Cape Coral
1126 NE 13th Street, Cape Coral
$349,990
3 Beds ⋅ 2 Baths ⋅ Cape Coral SubDv.
One or more photo(s) has been virtually staged, AI generated or rendered. NEW CONSTRUCTION WITH WARRANTY! *Estimated delivery October 2026.* SPECIAL INCENTIVES: Get up to $18k toward closing costs, rate buydowns, and prepaids at closing when using preferred lender and title. The Palm offers 1,550 square feet of thoughtfully designed living space. The spacious Great Room with its vaulted ceiling flows effortlessly to the private covered lanai—ideal for indoor-outdoor living and entertaining. At the heart of this open layout, the kitchen features a freestanding island and designer cabinetry with soft-close doors, opening to a bright dining area with a tray ceiling and abundant natural light. The primary suite includes a generous walk-in closet and a private bath with dual vanities, and a tiled shower. Additional highlights include upgraded plank tile throughout the main living areas, designer cabinetry & quartz counters in the kitchen and baths, hurricane-impact windows and doors, stainless steel kitchen appliances, and an attached two-car garage. Pictures, renderings, & virtual tour are of similar home & are used for display purposes only.

1126 NE 13th Street, Cape Coral
27 NE 9th Place, Cape Coral
$329,800
3 Beds ⋅ 2 Baths ⋅ Cape Coral SubDv.
Move in ready 3 bedroom, 2 bathroom Cape Coral home with a new roof in 2025, new kitchen appliances in 2025, remodeled guest bathroom in 2026, new exterior siding in 2024, hurricane windows and hurricane sliding doors installed in 2023, and an updated AC system with all new ductwork. This 1,656 square foot home offers a desirable split bedroom floor plan, screened in lanai, room to add a pool, multiple living spaces, an updated kitchen, spacious primary bedroom, walk in closet, and a long list of recent improvements that make this a great option for buyers looking for an updated home in Cape Coral, Florida. The kitchen was remodeled in 2022 and offers an abundance of countertop space, making meal preparation and entertaining easy. New kitchen appliances were added in 2025, providing another important recent update. A convenient breakfast area is located directly off the kitchen, while the traditional dining area provides a separate space for formal meals and gatherings. The home also features both a living room and family room, giving you flexible space for entertaining, relaxing, working from home, or everyday living. The spacious primary bedroom offers plenty of room for a king size bedroom set and features a walk in closet for additional storage. The split bedroom layout places the additional bedrooms separately from the primary suite, offering privacy for homeowners, family members and guests. The guest bathroom was remodeled in 2026, adding another fresh and modern update to the interior. Sliding doors open to the screened in lanai, creating additional outdoor living space and an easy connection between the interior and exterior of the home. There is also room to add a pool, giving buyers the opportunity to create their own private pool area and take advantage of the Florida outdoor lifestyle. The list of major improvements continues throughout the home. The roof was replaced in 2025, the exterior siding was replaced in 2024, and hurricane windows, hurricane sliding doors and a hurricane rated skylight were installed in 2023. The air conditioner was replaced in 2021 and all AC ductwork was replaced in 2022. The interior was painted in 2022, while the kitchen was remodeled the same year. For buyers searching for a move in ready Cape Coral home, updated 3 bedroom homes in Cape Coral, homes with a new roof, hurricane windows, remodeled kitchen, updated bathrooms, newer AC system, screened lanai, pool potential or a split bedroom floor plan, this property offers a strong combination of updates, usable living space and future potential. With 1,656 square feet, 3 bedrooms, 2 bathrooms, a spacious primary suite, walk in closet, living room, family room, breakfast area, traditional dining space and screened in outdoor living area, the home provides plenty of flexibility for both everyday living and entertaining. Major recent improvements mean you can spend less time worrying about immediate updates and more time enjoying your Cape Coral home.

27 NE 9th Place, Cape Coral
1135 Tropicana Parkway W, Cape Coral
$335,000
3 Beds ⋅ 2 Baths ⋅ Cape Coral SubDv.
Welcome to this beautiful 2023-built home situated on an oversized corner lot in NW Cape Coral. This 3-bedroom, 2-bath home offers 1,656 sq. ft. of living space, a desirable split-bedroom floor plan, and a bright, open layout. Features include tile flooring throughout, quartz countertops, a spacious kitchen with a breakfast bar, impact-resistant windows and doors, tray ceilings, and a walk-in closet. Step outside to a fully fenced backyard with an open lanai and plenty of room for a future pool. The home also features an attached 2-car garage, no HOA, and city water, sewer, and irrigation assessments paid in full. Located in Flood Zone X. Schedule your private showing today!

1135 Tropicana Parkway W, Cape Coral
919 SE 18th Terrace, Cape Coral
$379,000
4 Beds ⋅ 2 Baths ⋅ Cape Coral SubDv.
**SPECTACULAR CUSTOM-BUILT HOME WITH EXCEPTIONAL FEATURES!** This beautifully maintained 4-bedroom, 2-bath residence offers 2,234 square feet of living space and an inviting, open floor plan filled with natural light. A newer roof and select impact-resistant windows provide added peace of mind, while the spacious layout offers plenty of room for comfortable living and entertaining. The impressive primary suite features a luxurious bathroom with dual sinks, a separate jetted soaking tub, and a walk-in shower, along with an oversized walk-in closet. Throughout the home, you'll find ceramic tile flooring in the main living areas, with carpeting in three bedrooms. The kitchen showcases granite countertops, while the living room is enhanced by a custom built-in wall unit and wiring for surround sound. A beautiful glass double-door entry creates an impressive first impression and opens to the bright, spacious interior. Step outside to the approximately 305-square-foot covered rear lanai with a tiled floor—an ideal space for morning coffee, entertaining, or enjoying the peaceful private backyard. Mature landscaping surrounds the property, while a charming front-yard koi pond with a waterfall adds a unique touch of Florida ambiance. Additional features include upgraded window coverings, abundant storage, and a well-designed floor plan that provides both functionality and privacy. **City water, sewer, and irrigation are already in place and paid in full. This custom home offers a wonderful combination of space, character, comfort, and desirable upgrades.

919 SE 18th Terrace, Cape Coral
2139 NE 28th Street, Cape Coral
$174,900
3 Beds ⋅ 2 Baths ⋅ Cape Coral SubDv.
One or more photo(s) has been virtually staged, AI generated or rendered. OPPORTUNITY, FLEXIBILITY & POTENTIAL ! Discover the possibilities at **2139 NE 28th Street, Cape Coral, FL!** Offering 3 bedrooms, 2 bathrooms, and just under 1,200 square feet of living space, this single-family home presents an excellent opportunity for homeowners, investors, and buyers looking to create something of their own. The functional floor plan features an open living and dining area, a spacious kitchen with ample cabinetry, a primary suite, and two additional bedrooms. Outside, enjoy a partially fenced yard with mature tropical landscaping, offering room for outdoor entertaining, pets, or future improvements. **Major UPDATES include a NEW ROOF (2023) and NEW ELECTRICAL SERVICE (2023),** providing added value and peace of mind. The property is also located in **Flood Zone X**, where flood insurance is generally not required by mortgage lenders. Whether you're searching for an affordable primary residence, a seasonal Florida getaway, a long-term rental investment, or a property to renovate and personalize, this home offers flexibility for a variety of goals. Conveniently situated in Northeast Cape Coral, with access to major roadways, shopping, dining, schools, and everyday essentials, the location combines residential living with accessibility. This is your opportunity to secure a single-family home in Cape Coral with significant potential, valuable recent improvements, and the flexibility to make it your own. Bring your vision and discover the possibilities!

2139 NE 28th Street, Cape Coral
4238 NW 34th Terrace, Cape Coral
$396,000
4 Beds ⋅ 3 Baths ⋅ Cape Coral SubDv.
Beautiful Lot home, make it yours now! Bright and spacious property in a prime location, offering a peaceful residential setting with quick access to green areas and outdoor recreation. Discover this stunning, move-in-ready new construction home offering 1737 sq ft of living area located in the fastest-growing area of Cape Coral. Featuring a sleek contemporary layout with 10-foot ceilings and elegant tile flooring throughout, this residence boasts 4 spacious bedrooms and 3 stylish bathrooms. Enjoy a gourmet kitchen with white cabinetry, quartz countertops in both the kitchen and bathrooms, and stainless steel appliances. Bathrooms feature frameless glass-enclosed showers/bathtubs, adding a luxurious touch. A washer and dryer are also included for your convenience. The open floor plan seamlessly connects living, dining, and kitchen areas, while the private backyard offers a peaceful retreat. Built with Stem Wall foundation for enhanced elevation and structural strength, this home also features impact-resistant windows and doors, automatic garage door, irrigation system, and high-end finishes throughout. This property is ideal for families, snowbirds, or investors. Plus, it includes a builder’s warranty 2-years and 10-year structural coverage offering peace of mind for years to come. Don’t miss this incredible opportunity to own a high-quality home in a booming location!-WITH SHELVES, FILTER AND BLINDS

4238 NW 34th Terrace, Cape Coral
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