Cape Coral Homes under $400,000

Cape Coral Homes under $400,000

Welcome to Cape Coral, Florida – a hidden gem nestled in Lee County, known for its stunning waterfront views, vibrant community, and an abundance of outdoor activities. With over 400 miles of navigable waterways, Cape Coral is a boater’s paradise, offering residents easy access to the Gulf of Mexico and a plethora of fishing, kayaking, and sailing opportunities.

This charming city is not just about water; it boasts beautiful parks, family-friendly neighborhoods, and an array of dining and shopping options that cater to all tastes. Whether you’re enjoying a leisurely stroll along the scenic Cape Coral Parkway or exploring the bustling Farmers Market, you’ll find a welcoming atmosphere that truly embodies the spirit of Florida living.

For those seeking affordable housing options, Cape Coral presents an enticing opportunity with homes available for under $400,000. This price point opens the door to a variety of charming single-family homes, cozy villas, and modern townhouses, many of which feature lush landscaping, spacious backyards, and proximity to the area's stunning waterways.

Imagine waking up to the sound of birds chirping, sipping your morning coffee on a sun-drenched patio, or hosting weekend barbecues with friends and family in your own backyard oasis. With a thriving real estate market, Cape Coral is perfect for first-time homebuyers, retirees, or anyone looking to invest in a piece of paradise without breaking the bank.

Discover your dream home in Cape Coral today and experience the perfect blend of relaxation, adventure, and community in this Florida haven!

Newest Cape Coral Homes under $400,000

3739 SW 9th Avenue Unit 113, Cape Coral
$129,900
2 Beds ⋅ 2 Baths ⋅ Patio Villas Of Cape Coral SubDv.
Welcome to this inviting 2-bedroom, 2-bathroom end-unit condo located in desirable Southwest Cape Coral! The kitchen features stainless steel appliances, white cabinetry with soft-close doors, and granite countertops. The bright, open living area offers sliding glass doors that bring in natural light and provide access to the outdoor living space. The primary bedroom features a private full bathroom, a walk-in closet, and sliding glass doors leading to the rear screened lanai—an ideal spot to enjoy the Florida lifestyle. Residents can also take advantage of the community pool. Conveniently located in SW Cape Coral, this condo offers easy access to local shopping, restaurants, and everyday amenities. Whether you are looking for a full-time residence or seasonal retreat this property is worth a look!

3739 SW 9th Avenue Unit 113, Cape Coral
5251 Tower Drive, Cape Coral
$285,000
2 Beds ⋅ 2 Baths ⋅ Cape Coral SubDv.
Welcome to this freshly renovated 2 bed 1.5 bath pool home located in the highly desirable Yacht Club neighborhood, just minutes from downtown Cape Coral. Tile throughout the entire home including the garage, enhance the updated space, while the granite kitchen counter tops and stainless steel appliances add the cherry on top. Featuring a new roof in 2021, new AC unit and air handler in 2020, a new water heater in 2023, and all new AC duct work in 2026, this home is designed for modern comfort and piece of mind. Additional bonus features include an interior laundry room with new 2023 washer and dryer, a newer pool heater, pool pump and timer, as well as the completely resurfaced and sealed driveway and pool deck. The property also offers electrical upgrades in 2022 and an alarm and surveillance system for added security. Conveniently located, this home is only 19 minutes to Fort Myers Beach and 23 minutes to Sanibel Island according to Mapquest. Its superb location and amenities make it an ideal Airbnb investment opportunity. Don't miss out— schedule your showing today before this gem slips away!

5251 Tower Drive, Cape Coral
4011 Palm Tree Boulevard Unit 102, Cape Coral
$180,000
2 Beds ⋅ 2 Baths ⋅ Fairway Villas SubDv.
Your perfect Condo retreat awaits at Banyan Trace! Whether you're looking for a full-time residence, a seasonal getaway, a part-time retreat, or a place to call home forever, this inviting ground-floor condo offers the comfort, convenience, and lifestyle you've been searching for! Enjoy the ease of covered parking just steps from your front door in Banyan Trace, a welcoming and active community featuring a beautiful resort-style pool and separate spa, tennis courts, activity centers and more. Step through the retractable screened entry door and discover a thoughtfully designed split bedroom floor plan with plenty of space to relax, entertain, and make yourself at home. The guest bedroom and full bath are conveniently located off the main entrance hallway, while the spacious primary suite features a large walk-in closet, additional linen closet, and an ensuite bath with separate vanity area and private shower and water closet. A wall-mounted TV in the primary bedroom is included for your convenience. The kitchen offers abundant cabinetry, solid-surface Corian countertops, and a new refrigerator and dishwasher. The adjoining dining area is bright and inviting, with lovely views of the surrounding trees and green space. The living room features a wall-mounted TV and sliding glass doors that open to a screened lanai overlooking the peaceful greenery. It's the perfect spot to enjoy your morning coffee, unwind at the end of the day or simply take in the scenic natural surroundings. Walking paths throughout the community invite you to get outside and enjoy the tranquil setting. Just off the kitchen and living room, a versatile space offers endless possibilities. Use it as a den, home office, formal dining area, craft area, or cozy spot to read and relax. Thoughtful extras add even more comfort, including adjustable louvered shutters on all windows and a separate remote controlled Storm Smart roll-down screen on the lanai for wind protection and added shade screening when you want it. Enjoy the best of Southwest Florida living! Banyan Trace is conveniently located near shopping, dining, golf courses, and parks, with easy access to Fort Myers, Gulf Coast beaches, and Southwest Florida International Airport (RSW). Whether you're seeking a peaceful seasonal escape or comfortable place to call home year-round, this condo offers a wonderful combination of convenience, comfort, natural beauty, and resort style amenities. Come! Discover your own little slice of paradise at Banyan Trace!

4011 Palm Tree Boulevard Unit 102, Cape Coral
4905 Viceroy Street Unit 1, Cape Coral
$325,000
4 Beds ⋅ 4 Baths ⋅ Cape Coral SubDv.
Rare Oversized Duplex Opportunity Near Downtown Cape Coral! Situated on a spacious .34-acre lot, this duplex features 2 bedrooms and 2 bathrooms on each side, making it an appealing option for investors or buyers looking to live in one unit while renting the other. The second unit is currently vacant and available for showings. Enjoy a great location close to downtown Cape Coral, with easy access to restaurants, shopping, entertainment, and everyday conveniences. Whether you’re expanding your rental portfolio or looking for a home with income potential, this duplex deserves a closer look!

4905 Viceroy Street Unit 1, Cape Coral
621 NW 18th Place, Cape Coral
$337,900
3 Beds ⋅ 2 Baths ⋅ Cape Coral SubDv.
Discover exceptional comfort and QUALITY in this beautifully maintained home offering 1,858 square feet of living space and a long list of desirable features. The home showcases a durable metal roof that was installed in 2023, Air Conditioner new in 2023, custom kitchen cabinetry with beautiful quartz stone counter tops, stylish luxury vinyl plank flooring, and a full reverse osmosis (RO) water filtration system. Just off the main living area you have a bonus flex space that can be utilized as a Den or a Home Office! The air-conditioned garage features sleek epoxy flooring, making it ideal for a workshop, home gym, or additional hobby space. Outside, enjoy a fully fenced yard with plenty of room to create your dream pool and outdoor living area. This home has been Extremely well cared for and thoughtfully maintained, this property offers the perfect combination of functionality, comfort, and modern appeal. A must-see home for buyers looking for quality and space!

621 NW 18th Place, Cape Coral
2605 NW 6th Terrace, Cape Coral
$335,000
3 Beds ⋅ 2 Baths ⋅ Cape Coral SubDv.
Welcome to your dream home in Northwest Cape Coral! This beautiful 3-bedroom plus den, 2-bathroom residence boasts modern comforts and premium finishes throughout. The sleek kitchen and elegant bathrooms feature quartz countertops and soft-closing cabinetry. Enjoy peace of mind with impact-resistant windows and doors, plus a builder warranty. Additional interior highlights include luxury tile showers with glass doors and a dedicated laundry area complete with a washer, dryer, and utility tub. Outside, the property shines with LED exterior lighting, an automatic irrigation system, and a fully fenced backyard with plenty of room for a pool. Don't miss the chance to make this perfect Cape Coral oasis your own!

2605 NW 6th Terrace, Cape Coral
2028 NE Juanita Place, Cape Coral
$269,900
3 Beds ⋅ 2 Baths ⋅ Cape Coral SubDv.
Great curb appeal and a long list of recent improvements make this 3-bedroom, 2-bath home with a den and 2-car garage worth a closer look! Inside, cathedral ceilings give the main living area an open, spacious feel, while the island kitchen features bar seating. The den provides additional flexibility for a home office, hobby room, or guest space. You’ll appreciate the many updates already completed, including a newer roof, impact glass windows, newer appliances, updated bathrooms, newer flooring, and fresh exterior paint. There’s also a convenient indoor laundry room and a screened lanai that has recently been rescreened, providing a comfortable place to enjoy the Florida weather. With its attractive exterior, functional floor plan, and numerous improvements, this home offers plenty of reasons to put it on your must-see list.

2028 NE Juanita Place, Cape Coral
3707 Palm Tree Boulevard, Cape Coral
$369,000
3 Beds ⋅ 3 Baths ⋅ Cape Coral SubDv.
Imagine sitting by your screened pool, sipping a lovely beverage, gazing at the glorious sunrise over Garden Lake in your new home. But wait, you’re in the middle of Cape Coral only 2.5 miles away from the downtown area/Farmers Market? This home has it all, location & updates galore! Miami Dade rated anywhere that matters, doors and all. Tile throughout whole home. The island in the chef’s kitchen adjoining the dining and living area makes it the perfect place for gatherings. The very large outside living area is the big plus for entertaining or relaxing. With 3 sets of sliding doors leading out from both the living, primary bedroom and dining rooms and another walk out door from the guest bathroom makes mixing a breeze. The property features a convenient garage half bath, perfect for outdoor projects or workshop use. Extremely versatile floor plan will fit family with kids or professionals looking for enough space for two to have their own offices. Top it off with either totally upgraded or meticulously maintained in the years these caring owners have been here.

3707 Palm Tree Boulevard, Cape Coral
1919 SE 1st Street, Cape Coral
$349,900
3 Beds ⋅ 2 Baths ⋅ Cape Coral SubDv.
One or more photo(s) has been virtually staged, AI generated or rendered. Your own slice of Florida living awaits! Set on a generously sized lot in a great Cape Coral location, this three-bedroom, two-bathroom pool home offers space to relax, entertain, and make yourself at home. An updated kitchen adds fresh appeal to the heart of the home, while a separate den provides flexibility for a home office, creative space, or additional sitting room. Spend sunny afternoons by the pool and enjoy a backyard with fruit trees and room to garden, gather, or simply unwind. The generous outdoor space makes it easy to embrace the Florida lifestyle, from morning coffee to relaxed weekends at home. With its versatile floor plan and inviting outdoor setting, this home brings together the features that make everyday living feel like a getaway.

1919 SE 1st Street, Cape Coral
1705 NE 2nd Place, Cape Coral
$293,990
3 Beds ⋅ 2 Baths ⋅ Cape Coral SubDv.
One or more photo(s) has been virtually staged, AI generated or rendered. NEW CONSTRUCTION - estimated delivery November 2026! SPECIAL INCENTIVES: Up to $18k toward closing costs, rate buydowns, and prepaids when using preferred lender and title. Designed for comfortable Florida living, the Cabbage Key is a thoughtfully crafted three-bedroom, two-bath home offers an open-concept layout that maximizes both space and functionality. A welcoming foyer leads into the heart of the home, where the kitchen overlooks the spacious Great Room and dining area, creating the perfect setting for entertaining or everyday living. The vaulted ceiling enhances the main living space, while sliding glass doors open to a covered lanai, seamlessly blending indoor and outdoor living. The kitchen features a central island with additional seating and plenty of workspace, making it the natural gathering place for family and friends. Privately situated at the rear of the home, the primary suite offers a peaceful retreat with a generous walk-in closet and an ensuite bath featuring dual vanities and a walk-in shower. Two secondary bedrooms, located near the front of the home, share a full bath and provide flexibility for guests or a home office. Located off the kitchen, the laundry room provides direct access to the spacious two-car garage for added everyday convenience. Exterior rendering, photos, & virtual tour are of a similar home and are used for display purposes only.

1705 NE 2nd Place, Cape Coral
2314 NE 36th Street, Cape Coral
$312,990
3 Beds ⋅ 2 Baths ⋅ Cape Coral SubDv.
One or more photo(s) has been virtually staged, AI generated or rendered. New Construction - Move-In Ready! SPECIAL INCENTIVES: 5.49% Fixed interest rate on FHA/VA 30-yr fixed loan with up to $13k in closing costs/prepaids paid by builder – OR – get up to $18k toward closing costs, rate buydowns, and prepaids when using preferred lender and title. The Cayo Costa combines open-concept living with a smart split-bedroom layout, offering three bedrooms plus a den and two bathrooms. Perfectly designed for entertaining, the main living area showcases a soaring vaulted ceiling that seamlessly connects the kitchen, dining area, and expansive Great Room. A large freestanding island provides the ideal centerpiece for both casual meals and social gatherings, while sliding glass doors extend the living space to a covered lanai for effortless indoor-outdoor living. The private Primary Suite is a true retreat, featuring two spacious walk-in closets and a well-appointed en-suite bathroom. On the opposite side of the home, two comfortable guest bedrooms share a full bath, ensuring both privacy and convenience. A versatile den with French doors offers the perfect space for a home office, study, or creative flex room. Highlights of the Cayo Costa include: Quartz countertops in kitchen and baths, designer cabinetry with soft-close doors, stainless steel kitchen appliance package, upgraded plank tile flooring in main living areas, hurricane-impact windows and doors, attached 2-car garage with direct laundry access, and more! Pictures, renderings, & virtual tour are of similar home & are used for display purposes only.

2314 NE 36th Street, Cape Coral
1046 NE 40th Terrace, Cape Coral
$291,990
3 Beds ⋅ 2 Baths ⋅ Cape Coral SubDv.
One or more photo(s) has been virtually staged, AI generated or rendered. NEW CONSTRUCTION - estimated delivery November 2026! SPECIAL INCENTIVES: Up to $20k toward closing costs, rate buydowns, and prepaids when using preferred lender and title. Designed for comfortable Florida living, the Cabbage Key is a thoughtfully crafted three-bedroom, two-bath home offers an open-concept layout that maximizes both space and functionality. A welcoming foyer leads into the heart of the home, where the kitchen overlooks the spacious Great Room and dining area, creating the perfect setting for entertaining or everyday living. The vaulted ceiling enhances the main living space, while sliding glass doors open to a covered lanai, seamlessly blending indoor and outdoor living. The kitchen features a central island with additional seating and plenty of workspace, making it the natural gathering place for family and friends. Privately situated at the rear of the home, the primary suite offers a peaceful retreat with a generous walk-in closet and an ensuite bath featuring dual vanities and a walk-in shower. Two secondary bedrooms, located near the front of the home, share a full bath and provide flexibility for guests or a home office. Located off the kitchen, the laundry room provides direct access to the spacious two-car garage for added everyday convenience. Exterior rendering, photos, & virtual tour are of a similar home and are used for display purposes only.

1046 NE 40th Terrace, Cape Coral
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