1224 SW 31ST TERRACE, Cape Coral, FL, 33914 | $385,000

NO FLOOD ZONE !!!! Located just minutes from vibrant downtown, this beautiful 3-bedroom plus den home offers the perfect combination of space, comfort, andNO waterfront living on a peaceful freshwater canal with a heated, screened saltwater pool. Whether you're looking for a seasonal escape or a full-time residence, this home offers an ideal Florida lifestyle. Under $5000 is owed on assessments!!

With almost 2, 000 square feet of open living space, the home features vaulted ceilings and a desirable split floor plan, creating an airy layout that provides both privacy and functionality. The den offers flexibility for a home office, guest room, or creative space.

Step inside to find brand-new vinyl plank flooring throughout, bringing a fresh and cohesive look to the home. Major system updates include a new roof and newer AC unit, giving you peace of mind for years to come. One of the standout features of this property is that it has never experienced flooding—a rare and valuable quality in Florida.

The primary suite is generously sized with a walk-in closet and a spacious en-suite bathroom that includes dual sinks, a separate soaking tub, and a walk-in shower. Two additional bedrooms and a second full bathroom provide comfortable accommodations for guests or family.

While the kitchen and bathrooms maintain their original finishes, they are clean, well-cared for, and provides a blank slate for future updates or customization. The kitchen flows easily into the main living areas and opens up to the lanai, making it easy to entertain both indoors and out.

The screened-in lanai is perfect for enjoying Florida’s year-round sunshine, featuring a heated saltwater pool that overlooks the freshwater canal—a serene backdrop for relaxing or dining al fresco. The covered patio area provides shade and is ideal for lounging or enjoying evening sunsets over the water.

An added bonus is that all existing furniture conveys with the home, making your move-in process even easier—what you see is what stays. This thoughtful detail adds convenience without the commitment of a fully furnished purchase.

Don’t miss your opportunity to own a canal-front property close to downtown with room to personalize and enjoy immediately. This well-maintained home is ready for its next chapter—schedule your showing today!

Features

  • Rooms: 3
  • Bedrooms: 3
  • Baths: 2 full
  • Lot Size: 80 x 125
  • Laundry: Inside
  • Year Built: 2006
  • Garage: 2-car
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 1,982
  • Acreage: 0.23
  • Lot Size: 80 x 125
  • Est. Taxes: $9,178
  • View: Water
  • Pool: Heated, In Ground, Salt Water, Screen Enclosure
  • Appliances: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • MLS#: C7508746
  • Days on Market: 11 days
  • Website: https://www.raveis.com
    /prop/C7508746/1224sw31stterrace_capecoral_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 5/10/2025 7:17:10 PM)
Listing courtesy of EXP REALTY LLC   Phone: 888-883-8509

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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1224 SW 31ST TERRACE, Cape Coral, FL, 33914

$385,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $308,000 $308,000 $308,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.500% 6.875% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.058% 7.063% 6.132%
Monthly Tax Payment $765 $765 $765
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,947 $2,023 $2,578
Total Monthly Payment $2,787 $2,863 $3,418

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.