2306 SW 16TH TERRACE, CAPE CORAL, FL, 33991
Active5 days on marketListed Aug 4, 2026MLS #C7529207
About this home
2306 SW 16TH TERRACE
Virtually Staged. Introducing a SPECTACULAR WATERFRONT New Construction Home in SW Cape Coral, FL! This home perfectly blends modern elegance with everyday functionality. This thoughtfully designed residence features 3 spacious bedrooms plus a dedicated office, 3 full bathrooms, and a generous 2-car garage—ideal for comfortable living and entertaining at 2131 sq. ft. of living space. Situated on a highly elevated homesite in a prime location close to Surfside Blvd (No Flood Zone), this home offers both peace of mind and convenience. Inside, you’ll find a sleek, contemporary design with beautiful finishes throughout with porcelain tile throughout the entire house, 12 ft coffered ceilings in the living room and natural sunlight through the large windows and sliding doors. The living room features a custom tile tv enclosure that comes with an 85” TV, and an electric fireplace. The kitchen is a true centerpiece, showcasing beautifully designed cabinetry with plenty of storage space, a gorgeous oversized quartz island, and stainless appliances—perfect for cooking and gathering. The large & luxurious primary suite offers a private retreat with sliding glass doors that provide direct access to the screened-in lanai. The primary bathroom is designed for relaxation, featuring a walk-through shower and dual shower heads, a soaking tub for a spa-like experience with a beautiful fully tiled accent wall, dual vanities, two large walk-in closets with built-in shelving and a private toilet space. One of the guest rooms has its own full size private bathroom, while the other guest room has access to the full-size pool bathroom. Built with durability and safety in mind, the home includes hurricane-impact windows and doors. The garage features epoxy floors, while the paved driveway adds to the home’s impressive curb appeal along with the beautiful landscaping. Step outside to your private backyard oasis, complete with a luxurious sparkling pool, a fully equipped outdoor grill station, and a screened-in lanai extending the entire length of the back of the house—creating the perfect space for relaxing or entertaining year-round while overlooking the 80ft wide freshwater-canal in your backyard. Enjoy the year-around sunshine with Southern exposure and don’t forget to use that fishing pool every once in a while! This exceptional and thoughtfully designed home needs to be seen in person to truly appreciate every detail! The property offers the perfect combination of style, comfort, and Florida living at its finest. Schedule a tour today! Oh by the way, the Adjacent Lot is Available for Purchase for anyone looking for a larger yard.
Facts & features
The home at a glance
3
Bedrooms
3
Bathrooms
2,131
Sqft
0.23 ac
Lot size
2
Garage
2026
Year built
One
Levels
$326
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$4,340 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$4,340/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
−8.1%
$/sqft vs CAPE CORAL
$326 vs $246
Days on market
5 vs 49 typical
Where $326/sqft sits among the 148 homes for sale in CAPE CORAL
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Cape Coral
Get to know Cape Coral. See the full Cape Coral guide →
CAPE CORAL 33991 — neighborhood snapshot
Population
25,991
Median age
46.5
Median income
$82,927
Median home value
$351,100
Avg household
2.62
Households w/ children
2,614
For the school run
Lee County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Cape Coral market
$375K → $405K
Cape Coral median sold, yr/yr
96.4%
Sale-to-list ratio (12 mo)
50 of 148
CAPE CORAL have cut their price
Median sold price, Cape Coral, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 123% above the CAPE CORAL 33991 median. See the full Cape Coral market guide →
Paper trail
This home's history
Reality check
What actually sold near 2306 SW 16TH TERRACE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jun ’26$490,000
2213 SW 7TH PLACE · same community
3 bd · 2 ba · 2,067 sqft · $237/sqft · 101 DOM
Sold · Jun ’26$384,000
123 SW 29TH STREET · same community
4 bd · 2.5 ba · 2,048 sqft · $188/sqft · 46 DOM
Sold · Dec ’25$444,000
2711 SW 27TH STREET · same community
3 bd · 2 ba · 2,028 sqft · $219/sqft · 30 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Jessica Torres
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 2306 SW 16TH TERRACE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 2306 SW 16TH TERRACE — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to Jessica's phone and CRM.
Straight answers
2306 SW 16TH TERRACE FAQs
What would the monthly payment be for 2306 SW 16TH TERRACE?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $4,340/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 2306 SW 16TH TERRACE?+
The most recent tax bill on record (2025) was $2,037. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 2306 SW 16TH TERRACE?+
The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Cape Coral?+
At $694,900, this home is listed about 57% above the Cape Coral median of $442,500. The market section on this page shows how the area is trending.
Which schools are assigned to 2306 SW 16TH TERRACE?+
Trafalgar Elementary School (elementary), Patriot Elementary School (elementary), Challenger Middle School (middle), Skyline Elementary School (elementary), Cape Coral High School (high), Ida S. Baker High School (high), Mariner Middle School (middle), Mariner High School (high), Hector A. Cafferata Junior Elementary School (elementary), North Fort Myers High School (high) — Lee County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Positioned at the premium end
$694,900 runs 123% above the CAPE CORAL 33991 median — but at 2,131 sqft it's also 17% larger than the typical Cape Coral listing.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Fresh on the market
Only 5 days on market in a Cape Coral market that averages 49 — if it fits, move quickly.
04Strong assigned schools
Trafalgar Elementary School, Patriot Elementary School, Challenger Middle School, Skyline Elementary School, Cape Coral High School, Ida S. Baker High School, Mariner Middle School, Mariner High School, Hector A. Cafferata Junior Elementary School, North Fort Myers High School — Challenger Middle School rates 4 of 5. Always verify assignments with the district.
Keep looking
Similar homes nearby
Listing courtesy of PELICAN VISTA REALTY · Veldin Miskic. MLS #C7529207.
IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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