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902 16th Terrace, Cape Coral
New construction
1 / 19

NE CAPE · 33909

902 16th Terrace

Cape Coral, FL 33909

$347,990
New construction Reduced $22K Zone X

$192 / sq ft · 109 days on market

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  • 4 Beds
  • 2 Baths
  • 1,812 Sq ft
  • 2026 Built
  • 0.23 ac Lot

How this home is priced

List price $347,990, measured against the last 120 days of new-construction closings in Cape Coral — comparable new builds are closing in about 106 days.

$192

Per sq ft

Sold median $231

-13.0%

vs median sold

$400K median

106 days

Median days to close

New construction

99.1%

Sold-to-list

Typical negotiation

Builder & community

Builder
Community
CAPE CORAL
Subdivision
CAPE CORAL
MLS status
Active
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Utilities & assessments

Cape Coral's Utilities Extension Project converts well-and-septic streets to city water; the assessment follows the property.

Water
Well
Sewer
Septic Tank
Utility assessment
Possible in future

Possible future utility assessment. This street is on well and septic today. A future UEP assessment (often $12,000+) may be levied when city utilities arrive; ask the builder whether it is included.

Source: MLS. Verify current and future utility assessment status with the City of Cape Coral and the seller.

Flood zone Zone X

Minimal flood risk. Flood insurance is optional for most lenders and typically inexpensive on a new build. Read the flood-zone guide.

About this home

NEW BUILD COMPLETE - READY NOW - CITY WATER/SEWER LOT - ALL ASSESSMENTS PAID. WAS $369,990 - NOW $347,990. SPECIAL INCENTIVES: $15,000 FLEX CASH towards CLOSING COST / PREPAIDS when using a preferred lender. The Waterford’s expansive 1,812-square-foot design lives even larger than its generous footprint suggests, showcasing a true open-concept layout that feels bright, airy, and exceptionally roomy. A wide gathering room anchored by a vaulted ceiling flows seamlessly into a designer kitchen, creating the perfect environment for entertaining or everyday living. The spacious kitchen features a large center island, shaker-style cabinetry, upgraded, quartz countertops, and stainless-steel appliances including a refrigerator, dishwasher, range, and microwave. The Owner’s suite offers a private retreat with a walk-in shower, separate water closet room, and a generous walk-in closet. Three additional bedrooms share a well-appointed guest bathroom on the opposite side of the home for maximum privacy. Thoughtful details continue throughout the Waterford, including decorative brick pavers on the driveway and covered lanai, professionally designed landscaping and designer-selected paint colors, lighting, and plumbing fixtures all working together to create a home that feels modern, open, and exceptionally comfortable.

Home features

Bedrooms
4
Bathrooms
2
Living area
1,812 sqft
Garage
2-car
Pool
No
Waterfront
No
Lot
0.23 acres
Stories
1
Year built
2026

Property details

MLS #
1159570103
Status
Active · New construction
MLS status
Active
Property type
Single-family residence
Subdivision
CAPE CORAL
Listed
May 26, 2026
Days on market
109
ZIP
33909
County
Lee County
Water
Well
Sewer
Septic Tank

Location

Open in Maps
CM

Listing agent

Chris Morimanno

Coaston Realty LLC

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The data relating to real estate for sale on this website comes in part from the Southwest Florida MLS. Real estate listings held by brokerage firms other than the listing broker are marked with the IDX logo. Information deemed reliable but not guaranteed. © 2026 Southwest Florida MLS. Listing courtesy of Coaston Realty LLC.

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