Cape Coral Homes under $400,000

Cape Coral Homes under $400,000

Welcome to Cape Coral, Florida – a vibrant and picturesque community nestled in Lee County, known for its stunning waterfront views and a lifestyle that perfectly blends relaxation with recreation. This charming city boasts an extensive network of canals, making it a boater’s paradise and a haven for water enthusiasts. With over 400 miles of navigable waterways, Cape Coral is often referred to as the "Waterfront Wonderland," providing endless opportunities for fishing, kayaking, and enjoying breathtaking sunsets.

For those seeking an affordable slice of paradise, Cape Coral offers an impressive selection of homes under $400,000. Whether you’re a first-time homebuyer, a growing family, or looking for a vacation getaway, you’ll find a diverse range of properties that fit your budget without compromising on quality or style. From cozy single-family homes to modern townhouses, each residence is designed to embrace the Florida lifestyle, featuring open floor plans, spacious backyards, and proximity to local amenities.

Living in Cape Coral means enjoying year-round sunshine, beautiful parks, and a strong sense of community. With a variety of shopping, dining, and entertainment options just minutes away, you’ll never run out of things to do. Plus, the nearby Gulf Coast beaches offer the perfect escape for sunbathing, swimming, and beachcombing.

Discover your dream home in Cape Coral today, where affordable living meets idyllic surroundings. Embrace the charm of this exceptional community and start making memories in your new Florida paradise!

Newest Cape Coral Homes under $400,000

1909 NE 19th Place, Cape Coral
$369,900
3 Beds ⋅ 2 Baths ⋅ Cape Coral SubDv.
Welcome to this impressive new construction home located in Northeast Cape Coral, situated on a spacious triple lot with city water and sewer. This residence offers 3 bedrooms, 2 full bathrooms, and a modern open-concept floor plan that seamlessly connects the living room, dining area, and kitchen. The kitchen features elegant countertops, contemporary cabinetry, modern finishes, and ample workspace, ideal for everyday cooking and entertaining. Tile flooring extends throughout the home, providing a clean, cohesive look along with durability and easy maintenance. The spacious primary suite offers a private and peaceful retreat with a generous walk-in closet providing excellent storage space. The triple lot provides ample outdoor space with plenty of possibilities for enjoying the outdoors, entertaining, gardening, or creating a personalized outdoor area. Conveniently located in Northeast Cape Coral with easy access to Fort Myers, Pine Island, shopping centers, supermarkets, restaurants, and other everyday amenities.

1909 NE 19th Place, Cape Coral
2306 SE 8th Street, Cape Coral
$379,900
3 Beds ⋅ 2 Baths ⋅ Cape Coral SubDv.
Desirable freshwater pool home located in SE Cape Coral's highly sought-after Lake Manitoba area. This 3-bedroom, 2-bathroom residence has 1,716 square feet of living space and features a stunning, direct freshwater canal basin view. Step out onto the expansive lanai to enjoy a southern-exposure pool complete with a full screen enclosure and a newer pool heater, supporting year-round outdoor living. Major structural updates provide peace of mind, including a 4-year-old roof, 5-year-old A/C unit, and a 3-year-old water heater. Best of all, city water, sewer, and irrigation assessments are 100% fully paid. Property is being sold As-Is.

2306 SE 8th Street, Cape Coral
1943 Se 8th Place, Cape Coral
$390,000
3 Beds ⋅ 2 Baths ⋅ Cape Coral SubDv.
Pool with Waterfall Spa, Beautifully Remodeled, Tastefully Furnished Turnkey Opportunity! This income generating 3-bedroom, 2-bath Cape Coral home brings your vacation experience to a new level! Spend sunny days in the heated pool, unwind in the integrated spa and enjoy the spillover waterfall from your expansive screened lanai with covered lounging and plush, cozy furniture with a tabletop fireplace. The updated kitchen shines with quartz countertops, premium stainless-steel appliances, newer cabinetry, a convenient passthrough over the sink serving window, an inclusive breakfast bar, and a full pantry. The open, vaulted great room floorplan with a split-bedroom layout is elegantly renovated boasting unique glass lighting, plantation shutters, and thoughtful touches. The primary suite features a large walk-in closet, dual sinks, a bidet toilet and a walk-in shower. A fenced backyard, indoor laundry and attached 2-car garage complete the package. Additional bedrooms won’t disappoint! Both have ceiling fans, abundant closet space, quality furniture with premium mattresses and bedding. Near Veterans Parkway and Country Club Boulevard, enjoy easy access to shopping, sightseeing, multiple activities, beaches & fishing spots, world class dining and nightlife. Currently operated as a short-term rental, this home offers possibilities as a full-time residence, seasonal escape or an incredible rental investment so you can enjoy your own getaway and explore rental income potential when you're away. Schedule your private showing and discover how much Florida lifestyle $390,000 can buy! Immediate closing with full price or lease option available through March 2027. Owner occupants must close after March 2027.

1943 Se 8th Place, Cape Coral
no property photo
$369,000
3 Beds ⋅ 3 Baths ⋅ Cape Coral SubDv.
Rare opportunity to personalize the decor of this large two-story 2922 square foot residence situated on a 0.23-acre lot in a tranquil, family-friendly residential enclave. Open-concept first floor featuring spacious living room, family room, kitchen and dining areas with seamless flow. Bright and inviting living room with neutral paint, upgraded wood-look tile flooring and abundant natural light from large windows. Dining and family areas feature sliders leading to the screened lanai. Formal entry with staircase to second floor. Kitchen showcases stainless steel appliances, soft-close cabinetry, generous center island with additional storage and casual seating, and walk-in pantry. Enjoy outdoor Florida living from the covered, screened lanai overlooking a spacious backyard with room to create your own outdoor retreat. Second floor presents three bedrooms including primary suite with en suite bath featuring vanity, oversized garden tub, separate glass-enclosed shower, and large walk-in closet. Additional bedrooms share a full bathroom and include closet storage. Adjoining loft / family room provides a versatile retreat as a media lounge, playroom, or home office, separate from sleeping areas. Interior appointments include upgraded flooring, decorative lighting, and interior laundry area with washer/dryer hookups. Additional highlights include two-car attached garage with automatic door opener and driveway parking, enhanced storm protection, replacement shingle roof (May 2023), updated air conditioner and water heater, fresh interior paint. One or more photos have been virtually staged and/or AI-rendered. Renderings are artist concepts for illustration only and may show finishes not included. Year built 2007 per county records; square footage and lot size per county records. Buyer to verify all information, measurements, and features.

1156 NW 1st Avenue, Cape Coral
1318 NE 2nd Avenue, Cape Coral
$349,000
3 Beds ⋅ 2 Baths ⋅ Cape Coral SubDv.
SELLER FINANCING AVAILABLE + ALL ASSESSMENTS IN AND PAID IN FULL! Take advantage of an exceptional opportunity to own a BRAND-NEW 2026-BUILT HOME in Cape Coral without the burden of outstanding utility assessments. This beautifully finished 3-bedroom, 2-bath home combines modern construction, a bright open layout, and low-maintenance Florida living. Step inside to a spacious open-concept living and dining area with soaring ceilings, abundant natural light, and tile flooring throughout. The kitchen opens directly to the main living space and features crisp white cabinetry, stainless steel appliances, generous counter space, and a large island perfect for casual dining, entertaining, or additional prep space. The primary suite offers a comfortable private retreat with a spacious bath featuring dual sinks, a large vanity, and tiled walk-in shower. Two additional bedrooms provide flexibility for family, guests, or a home office, while the guest bath features a tiled tub/shower combination. A dedicated interior laundry area adds everyday convenience. Built with Florida living in mind, the home features IMPACT-RESISTANT WINDOWS AND DOORS, providing added protection, security, and energy efficiency without the hassle of installing storm shutters. Enjoy the outdoors from the covered screened lanai, with plenty of backyard space to create your own private Florida retreat. With 2026 construction, impact windows and doors, ALL ASSESSMENTS ALREADY IN AND PAID IN FULL, and SELLER FINANCING AVAILABLE, this home offers an outstanding combination of value, convenience, and peace of mind. Move into a brand-new Cape Coral home and enjoy the benefits from day one!

1318 NE 2nd Avenue, Cape Coral
no property photo
$379,000
3 Beds ⋅ 2 Baths ⋅ Cape Coral SubDv.
Beautifully positioned on a corner lot, this 3-bedroom, 2-bath home with a 2-car garage offers a flexible layout and a convenient Cape Coral location. In addition to the three bedrooms, the home features two versatile bonus spaces that can be used as home offices, a formal dining room, media room, playroom, or additional flex space to suit your needs. The property is located just minutes from Cape Coral’s sports and recreation facilities and offers convenient access to schools, shopping, dining, marinas, and the growing Pine Island Road corridor. With multiple living and work-from-home options, a functional floor plan, and easy access to everyday amenities, this home offers plenty of flexibility for a variety of lifestyles.

1300 SW 22nd Avenue, Cape Coral
no property photo
$389,500
3 Beds ⋅ 2 Baths ⋅ Cape Coral SubDv.
Escape to your own private Tropical Oasis in Cape Coral’s highly desirable Gold Coast Estates neighborhood! This inviting pool home features an open, split-bedroom floor plan with a spacious Great Room connecting to the kitchen, dining area, and breakfast nook. Views of the screened lanai and lush backyard bring the tropical setting into everyday living. Step outside to enjoy a heated pool with sought-after southern exposure, a covered lanai perfect for relaxing or entertaining, and a beautifully landscaped backyard enclosed by a privacy fence. Whether enjoying your morning coffee or unwinding poolside, this outdoor retreat captures the Southwest Florida lifestyle. Major updates include a New Washer in 2026, New Shingled Roof in 2023, a Whole-house Water Filtration System in 2023, HVAC replacement in 2019, nine impact-resistant windows and three accordion shutters installed in 2016, a garage door replaced in 2014, and a complete plumbing repipe in 2006. Whether your looking for your Florida Homestead, a Seasonal Escape or a money-producing investment, You'll want to grab this slice of Paradise before someone else does! Schedule your Private Tour TODAY!

2240 SE 27th Terrace, Cape Coral
3801 SE 10th Avenue, Cape Coral
$249,900
2 Beds ⋅ 2 Baths ⋅ Cape Coral SubDv.
THIS IS A SHORT SALE AND SUBJECT TO THE SELLER'S LENDERS APPROVAL. This nicely updated 2-bedroom, 2-bath single-family home offers 1,126 square feet of comfortable living space in a well-established Cape Coral neighborhood. Built in 1976, the home has been refreshed with modern finishes, including an updated kitchen and bathrooms, newer flooring throughout with no carpet, and other thoughtful improvements that give the home a clean, updated feel. The home also features a one-car garage and a fenced yard with a covered screened lanai, providing a nice space to enjoy the outdoors. Conveniently located near local restaurants, public parks and downtown Cape Coral, with shopping and everyday conveniences close by. A great opportunity to own an updated home in an established neighborhood and make it your own.

3801 SE 10th Avenue, Cape Coral
117 SE 45th Terrace, Cape Coral
$260,000
2 Beds ⋅ 2 Baths ⋅ Cape Coral SubDv.
One of the best priced, MOVE-IN READY, HEATED POOL homes in Southeast Cape Coral! Welcome into the perfect Florida retreat with fresh paint, IMPACT WINDOWS, and tile flooring throughout- NO CARPET. Step outside to your screened-in lanai that leads right out into your fenced-in pool. NEVER FLOODED and ALL ASSESSMENTS PAID! Kitchen includes replaced cabinets, updated appliances, and a slick tile backsplash. Plantation shutters on both living area and primary bedroom windows. Enjoy the benefits of a whole house water filtration system and additional Eco-wool attic insulation rated to R-40, making this home both efficient and practical. NEW washer and dryer! Backyard space perfect for entertaining and pets. Property equipped with an auto sprinkler system. TRANSFERABLE FLOOD POLICY only $2,338 a year! Phenomenal location just minutes from Downtown Cape Coral, restaurants, entertainment, beaches, Fort Myers, and much more. Come discover what the simple Southwest Florida lifestyle feels like. Easy to show and easy to close. Call today!

117 SE 45th Terrace, Cape Coral
2602 22nd Place Ne, Cape Coral
$210,000
4 Beds ⋅ 2 Baths ⋅ Cape Coral SubDv.
Investor or investment opportunity : This single-family residence built in 1990, features 3 beds, 2 baths, 1741 living sq. ft., 2 car garage, and on a flat corner lot (10,498 sq. ft.) Property is ideal for an investor or buyer seeking an aggressive valued property that is in need of LTC and provides an excellent opportunity in a desirable residential area of Northeast Cape Coral. Conveniently located near shopping, dining, schools, parks, and major roadways, this home provides easy access to everything Cape Coral and Southwest Florida features!

2602 22nd Place Ne, Cape Coral
338 SE 46th Lane, Cape Coral
$384,999
3 Beds ⋅ 2 Baths ⋅ Cape Coral SubDv.
One or more photo(s) has been virtually staged, AI generated or rendered. Open the sliders, pour your morning coffee and head out to the pool. This three-bedroom, two-bath home in southeast Cape Coral comes with a roof replaced in 2022 and transferable flood insurance with a current annual premium of approximately $1,200. Enjoy a convenient location within walking distance of downtown Cape Coral, with local dining, shopping and entertainment close to home. Inside, there's room to come together and space to spread out, with separate living and family rooms and a split-bedroom layout. The kitchen overlooks the pool and opens to the family room, keeping everyone connected whether you're making dinner or catching up at the breakfast bar. An adjacent dining area and tile flooring through the main living spaces make everyday living easy. Outside, the covered lanai and screened pool area enjoy southern rear exposure, with space for outdoor meals or a quiet afternoon by the water. An attached two-car garage and mature landscaping round out the home. A pre-listing inspection is planned, and interior and exterior paint quotes are available to help you plan your personal touches. Bring your ideas and make it yours.

338 SE 46th Lane, Cape Coral
502 SE 32nd Street, Cape Coral
$239,900
2 Beds ⋅ 2 Baths ⋅ Cape Coral SubDv.
Fantastic 2 bedroom 2 bath 2 car garage home with all assessments paid!! This property boasts nearly 1200sf of living area, spacious kitchen and living room, generous sized bedrooms, large corner lot, accordion hurricane shutters, newer AC and so much more. Great central location close to restaurants, shopping, schools and quick access to Fort Myers!!

502 SE 32nd Street, Cape Coral
Start Your Search