Cape Coral Homes under $400,000

Cape Coral Homes under $400,000

Welcome to Cape Coral, a vibrant gem nestled in Lee County, Florida! Known for its stunning waterfront views and a network of over 400 miles of navigable waterways, Cape Coral offers a unique blend of suburban charm and outdoor adventure. Whether you’re an avid boater, a nature enthusiast, or someone who simply enjoys the sunny Florida lifestyle, this city has something for everyone.

Cape Coral boasts a diverse array of homes, including a fantastic selection of properties priced under $400,000. This makes it an ideal destination for first-time homebuyers, families, and retirees looking to enjoy the Florida sun without breaking the bank. From cozy single-family homes to spacious townhouses, you’ll find options that suit your lifestyle and budget. Many of these homes feature modern amenities, open floor plans, and lovely outdoor spaces perfect for entertaining or relaxing after a long day.

In addition to its affordable housing market, Cape Coral is known for its friendly community atmosphere and an abundance of recreational activities. Enjoy a day at one of the many parks, partake in water sports on the Caloosahatchee River, or explore the nearby beaches. With a thriving local economy, excellent schools, and a variety of shopping and dining options, Cape Coral is not just a place to live; it’s a place to thrive.

Discover your dream home in Cape Coral today, where affordability meets an enviable lifestyle!

Newest Cape Coral Homes under $400,000

1436 SE 25TH Terrace, Cape Coral
$280,000
3 Beds ⋅ 2 Baths ⋅ Cape Coral SubDv.
Welcome to this beautifully remodeled Cape Coral home, where modern updates, natural light, and comfortable Florida living come together. Offering 2 bedrooms, 2 bathrooms, and 1,368 sq. ft. of living space, this move-in-ready home features a bright, open layout with abundant natural sunlight and thoughtfully updated finishes throughout. With no HOA fees, you'll enjoy added flexibility and freedom to make the property your own. The spacious front and backyard provide plenty of room for outdoor entertaining, relaxing in the Florida sunshine, creating a personalized outdoor retreat, or exploring future possibilities. Conveniently located in Cape Coral, just across the Caloosahatchee River from Fort Myers, the home offers easy access to shopping, dining, entertainment, major roadways, and Southwest Florida's beautiful beaches. Whether you're searching for a primary residence, seasonal home, or investment opportunity, this property offers an attractive combination of location, updates, space, and versatility. Move-in ready and waiting for its next owner to call it home!

1436 SE 25TH Terrace, Cape Coral
329 SE 16th Place, Cape Coral
$365,000
3 Beds ⋅ 2 Baths ⋅ Cape Coral SubDv.
Looking for the perfect blend of convenience and SWFL living? This 3-bedroom, 2-bathroom pool home has everything you're looking for in a property: upgrades, location, and the potential to make it your own. Recent improvements include a new roof (2023), updated windows, a brand-new pool heater, new hardwood laminate flooring, updated lighting fixtures, fresh interior paint throughout, pocket sliders, and lush landscaping surrounding the fenced backyard. The spacious yard is perfect for children, pets, or storing your boat. This home is ideal for buyers seeking either a seasonal escape or a full-time residence. Located in SE Cape Coral, you're just minutes from the hospital and outside of a flood zone, providing added peace of mind. You'll also be close to everything Cape Coral has to offer, including Rosen Park, just a 6-minute drive away, featuring two boat ramps and 19 wet slips. Looking for a night out? Historic downtown Fort Myers is only 15 minutes away. This home will speak for itself and to make it even better; sellers are willing to entertain and offer either an interest rate buy down or closing cost coverage. As always, everything is negotiable! Schedule your showing today.

329 SE 16th Place, Cape Coral
2021 NE 6th Place, Cape Coral
$317,990
3 Beds ⋅ 2 Baths ⋅ Cape Coral SubDv.
One or more photo(s) has been virtually staged, AI generated or rendered. NEW CONSTRUCTION - estimated delivery in October. SPECIAL INCENTIVES: LOW fixed FHA/VA 30-yr fixed financing – 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 THROUGHOUT the home, 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.

2021 NE 6th Place, Cape Coral
144 SE 27th Street, Cape Coral
$329,900
3 Beds ⋅ 2 Baths ⋅ Cape Coral SubDv.
Welcome to 144 SE 27th Street, a well-maintained Cape Coral home offering comfort, flexibility, and a convenient location without the expense of HOA fees. With 3 bedrooms, 2 baths, approximately 1,659 square feet of living space, and an attached two-car garage, this inviting residence is an excellent fit for first-time buyers, a growing family, empty nesters looking to downsize, seasonal residents, or investors seeking to expand their rental portfolio. The bright, functional floor plan features a spacious living area with vaulted ceilings, abundant natural light, and sliding glass doors opening to the covered and screened lanai. Tile and wood flooring provide both warmth and easy maintenance throughout the home. The kitchen offers generous cabinetry and counter space, stainless steel appliances, and a breakfast bar that keeps the kitchen connected to the main living area. The primary suite provides a comfortable private retreat with an en-suite bath featuring dual sinks, a soaking tub, and separate step-in shower. Two additional bedrooms offer plenty of flexibility for family, guests, a home office, or hobby space. Outdoor living is equally enjoyable with a covered screened lanai overlooking the large, fully fenced backyard with plenty of room to add a pool and create your own private Florida oasis. Mature landscaping provides an attractive backdrop, while two side gates offer convenient backyard access. A newer metal roof adds durability and peace of mind. The central Cape Coral location places shopping, restaurants, everyday services, parks, and recreation within easy reach. Enjoy nearby destinations such as Four Mile Cove Ecological Preserve, Cape Harbour, Tarpon Point Marina, and the many waterfront dining and entertainment options throughout Cape Coral. Downtown Fort Myers is also a short drive away for additional dining, entertainment, arts, and cultural attractions. When you're ready for a day along the Gulf, Fort Myers Beach and Sanibel Island are easily accessible, while Southwest Florida International Airport provides convenient travel options for full-time and seasonal residents alike. With no costly HOA fees, a spacious fenced backyard with room for a future pool, newer metal roof, two-car garage, comfortable floor plan, and convenient access to everything Southwest Florida has to offer, 144 SE 27th Street delivers versatility and value in one appealing package. Whether you're ready to put down roots, simplify your lifestyle, enjoy a Florida getaway, or add another property to your investment portfolio, this home is ready for its next chapter.

144 SE 27th Street, Cape Coral
2571 Laurentina Lane, Cape Coral
$300,000
4 Beds ⋅ 3 Baths ⋅ Bella Vida SubDv.
PRE-FORECLOSURE — POSSIBLE SHORT SALE! This beautifully upgraded home in the gated community of Bella Vida could be an exceptional value for the right buyer. Two recently sold homes of the same model in the community closed at $349,900, providing helpful context for the potential value of this property. The home features numerous upgrades, including a fenced backyard, custom shelving in the primary bedroom walk-in closets and garage, upgraded interior lighting and ceiling fans, crown molding throughout the living areas, 10-foot ceilings, and ceramic tile throughout the main living spaces. The spacious kitchen is designed for both everyday living and entertaining, featuring a granite island, abundant cabinet and counter space, and a convenient walk-in pantry. The primary suite offers two walk-in closets and a private en-suite bathroom with dual vanities, a separate shower, soaking tub, and private water closet. A second bedroom with its own private bathroom provides a comfortable en-suite option for guests. Step outside to the screened-in lanai overlooking the lake, the perfect spot to enjoy Florida sunsets and the relaxed Cape Coral lifestyle. Bella Vida offers a variety of community amenities, including a clubhouse, swimming pool, jacuzzi, kiddie pool, tennis, basketball and volleyball courts, playground, and playing fields. Lawn care is included in the monthly maintenance dues, giving you more time to enjoy the community and surrounding area. Conveniently located at the north end of Del Prado Boulevard, Bella Vida provides easy access to SR-41 and downtown Fort Myers, while keeping you close to the attractions and amenities of Cape Coral. With its extensive upgrades, desirable lake views, resort-style amenities, and potential short-sale opportunity, this property is worth a closer look. Property will need some TLC like paint and carpets replaced.

2571 Laurentina Lane, Cape Coral
24 NW 30th Terrace, Cape Coral
$389,900
4 Beds ⋅ 3 Baths ⋅ Cape Coral SubDv.
$18,000 CLOSING COST INCENTIVE AVAILABLE! | DUAL PRIMARY SUITES | 3-CAR GARAGE | 1,000 SQ FT LANAI | MOVE-IN READY! More space. More flexibility. More Florida living. Welcome to the BLUEWATER COVE, a brand-new Cape Coral home offering 4 bedrooms, 3 full bathrooms, a highly desirable dual primary suite layout, and an oversized 3-car garage. Designed to stand apart from typical new construction, this spacious single-story floor plan features soaring tray ceilings, an open-concept great room, and an impressive indoor-outdoor layout built for entertaining. At the heart of the home, the kitchen features quartz countertops, soft-close all-wood cabinetry, stainless steel appliances, a large center island with breakfast bar seating, and a MUST-HAVE oversized walk-in pantry. One of the home's biggest advantages is its DUAL PRIMARY SUITE design. The main owner's suite features direct lanai access, dual vanities, a large walk-in closet, and a glass-enclosed shower. The second private suite includes its own full bathroom and walk-in closet—ideal for multi-generational living, extended-stay guests, or anyone looking for additional privacy and flexibility. Two additional bedrooms and a third full bathroom complete the split-bedroom layout. Then there's the outdoor space—nearly 1,000 SQ FT UNDER TRUSS! The expansive screened lanai creates an incredible extension of the living area with room for outdoor dining, lounging, entertaining, and designing your future pool and backyard oasis.$18,000 Closing Cost Credit. Additional highlights include IMPACT-RESISTANT WINDOWS AND DOORS, an elevated homesite OUTSIDE THE FLOOD ZONE, energy-efficient construction, smart-home features, and a spacious 3-car garage. Conveniently located in Cape Coral near shopping, dining, entertainment, and major roadways with easy access to Fort Myers and Southwest Florida beaches. BRAND NEW. MOVE-IN READY. $18,000 SELLER CONCESSION. Plus, enjoy added peace of mind with a 1-year workmanship warranty and 10-year structural warranty. Schedule your private showing today and experience why the Bluewater Cove stands out from the competition. Some photos may be virtually staged. This is the Bluewater Cove Plan

24 NW 30th Terrace, Cape Coral
2618 NE 1st Place, Cape Coral
$344,900
4 Beds ⋅ 3 Baths ⋅ Cape Coral SubDv.
$18,000 CLOSING COST INCENTIVE $$$$ NEW CONSTRUCTION | 4 BEDROOMS | 3 FULL BATHS | DUAL PRIMARY SUITES | MOVE-IN READY! More home. More flexibility. More value. Welcome to the Sunset Harbor, a brand-new 2026 Cape Coral home offering 4 bedrooms, 3 full bathrooms, dual primary suites, and 1,818 sq ft of thoughtfully designed living space—all at an exceptional price point AND AN $18,000 TOWARDS CLOSING COSTS. Step inside to a bright, open-concept layout designed for the way you live today. The spacious great room flows seamlessly into the dining area and kitchen, creating an inviting space for entertaining, family gatherings, or simply relaxing at home. The kitchen takes center stage with quartz countertops, stainless steel appliances, ample cabinetry, and a clean, modern design. One of this home's biggest advantages is its highly desirable DUAL PRIMARY SUITE layout. Each primary suite features its own private en-suite bathroom and walk-in closet, making this floor plan ideal for multi-generational living, extended-stay guests, roommates, or anyone who simply wants more privacy and flexibility. Two additional bedrooms and a third full bathroom provide plenty of space for family, a home office, hobbies, or guests. Enjoy the Florida lifestyle from the covered lanai, with room for outdoor dining, grilling, and comfortable seating. The backyard offers even more possibilities to create your own outdoor retreat. GUEST SUIT/TWO PRIMARY SUITS. Impact-resistant windows and doors upgraded flooring throughout, a spacious laundry room, smart garage door opener, and energy-efficient new construction add everyday comfort, convenience, and peace of mind. Conveniently located in growing Cape Coral with access to shopping, dining, parks, Fort Myers, and Southwest Florida beaches. Whether you're searching for a primary residence, seasonal home, or investment opportunity, the Sunset Harbor delivers the space, versatility, and features buyers want—without the price tag you'd expect. BRAND NEW. MOVE-IN READY. $18,000 SELLER CONCESSIONS. Schedule your private showing and see why the Sunset Harbor stands out from the competition. Listing photos are virtually staged. This is the Sunset Harbor Plan.

2618 NE 1st Place, Cape Coral
4647 SE 17th Place Unit 202, Cape Coral
$310,000
2 Beds ⋅ 2 Baths ⋅ Clipper Bay Condo SubDv.
One or more photo(s) has been virtually staged, AI generated or rendered. BOAT SLIP INCLUDED! Welcome to waterfront living in Clipper Bay, where the ultimate Cape Coral boating lifestyle is right outside your door. This well-located condo comes complete with a private boat slip and direct Gulf access, giving you the freedom to hop on your boat and head out to the Gulf, islands, beaches, waterfront restaurants, and endless days on the water. The condo also includes a private garage, providing secure parking and additional storage. Enjoy the peaceful waterfront setting and the convenience of being close to Cape Coral’s restaurants, shopping, entertainment, and everyday amenities. Whether you’re looking for a full-time residence, seasonal getaway, or investment, this is a fantastic opportunity to own a piece of paradise in one of Cape Coral’s most desirable boating communities. For boaters, it doesn’t get much better than having your own slip with direct Gulf access right at home!

4647 SE 17th Place Unit 202, Cape Coral
1329 NE 17th Street, Cape Coral
$225,900
3 Beds ⋅ 2 Baths ⋅ Cape Coral SubDv.
This is a short Sale subject to existing lender's approval which could result in delays.Gorgeous 3 bedrooms, 2 Baths, 2 car garage.Close to everything Surfside shops, restaurants,school perfect for first time home buyer.

1329 NE 17th Street, Cape Coral
2701 SW 4th Place, Cape Coral
$359,000
3 Beds ⋅ 2 Baths ⋅ Cape Coral SubDv.
Welcome to your move-in ready Cape Coral gem! Built in 2016 and thoughtfully updated, this beautifully maintained 3-bedroom + den, 2-bath home offers the perfect blend of style, comfort, and convenience. Step inside to discover a spacious, open kitchen designed to be the heart of the home, featuring a large center island, granite countertops, and attractive tile backsplash—ideal for everyday living and entertaining. The 2020 roof adds valuable peace of mind, while the flexible den provides the perfect space for a home office, study, or additional living area. The spacious primary suite is a true retreat, complete with an updated dual-sink vanity, stunning shower, and an oversized walk-in closet that is every shoe lover’s dream! Two additional bedrooms, office and a well-appointed second bath provide plenty of room for family and guests. Outside, enjoy beautiful landscaping and a fenced yard offering privacy and space to relax, entertain, or let your four-legged friends play. Centrally located in Cape Coral close to shopping, dining, and the popular restaurants and entertainment of Downtown Cape Coral. And for added convenience, this home is located in an X-Zone, meaning flood insurance is not lender-required. With its desirable updates, spacious layout, beautiful outdoor space, and convenient location, this home checks all the boxes. Move-in ready and waiting for you—come see why Cape Coral living could be your next great move!

2701 SW 4th Place, Cape Coral
1406 NE 12th Place, Cape Coral
$309,900
4 Beds ⋅ 2 Baths ⋅ Cape Coral SubDv.
New Construction! Builder Incentive! Flex Cash of $5,000 towards closings costs, pre-paids, or rate buy down with the use of a preferred lender and preferred title. New Construction - 4 bedroom, 2 bathroom home. Concrete block home. One story home with an open floor plan perfect for cooking in the kitchen while entertaining your family and friends. Large master bedroom and walk in closet! Enjoy an open kitchen with shaker-style cabinets, Stainless Steel appliances (microwave, dishwasher, range), pantry, and a countertop bar to the gathering room. Your owner's suite is complete with a walk-in wardrobe closet and a private in-suite bath. Plus enjoy a 2-car garage, architectural shingles, energy-efficient insulation and windows, and a builder warranty. Please note that virtual tour/photos showcase the home layout and colors and design options although actual home for sale may differ and may not be exact depiction of this home listed. Furnishings and decor do not convey with home. Pictures, photographs, colors, features, and sizes are for illustration purposes only and will vary from the homes as built. Home and community information including pricing, included features, terms, availability and amenities are subject to change at any time without notice or obligation.

1406 NE 12th Place, Cape Coral
4017 Palm Tree Boulevard Unit 406, Cape Coral
$240,000
2 Beds ⋅ 2 Baths ⋅ Clubhouse Villas SubDv.
Enjoy the best of Florida living in this beautifully updated, turnkey penthouse condo in the gated community of Banyan Trace! Located on the 4th floor, this 2-bedroom, 2-bathroom residence features soaring vaulted ceilings that create a bright, open, and spacious feel, with the convenience of an elevator. Modern tile plank flooring and granite countertops add a stylish touch, while the turnkey furnishings make this condo truly move-in ready. Just bring your suitcase and start enjoying the Florida lifestyle! Banyan Trace offers an array of resort-style amenities, including an oversized pool and spa, fitness room, tennis and pickleball courts, and bocce ball. Ideally situated in Southeast Cape Coral, you'll enjoy quick access to the new Bimini Square and vibrant downtown Cape Coral, where you can explore an abundance of restaurants, nightlife, farmers markets, and local entertainment. Whether you're looking for a seasonal getaway, full-time residence, or investment opportunity, this condo offers the perfect blend of comfort, convenience, and resort-style living!

4017 Palm Tree Boulevard Unit 406, Cape Coral
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