401 NW 24TH TERRACE, CAPE CORAL, FL, 33993
Active327 days on marketListed Sep 18, 2025MLS #O6345388
About this home
401 NW 24TH TERRACE
Prime residential lot opportunity in Cape Coral, Lee County, located at 401 NW 24TH TER, Cape Coral, FL 33993. Situated in a desirable residential area, this property offers convenient access to Diplomat Parkway West (approximately 1.09 miles), Seahawk Park (0.84 miles), Coral Lakes Recreational Park (1.87 miles), and Santa Barbara Boulevard North (1.21 miles). The lot is located in Flood Zone X, a low-risk area outside the 100-year and 500-year floodplains, with no wetlands present, allowing for full lot utilization without environmental buffers or mitigation requirements. Zoned R1 Single Family Residential, the property supports low-density residential use, including single-family detached homes by right. Modular/manufactured homes are allowed if they meet Florida Building Code standards. Mobile homes are generally prohibited. Duplexes, townhomes, multifamily apartments/condos, and mobile home communities are prohibited (require rezoning). Accessory Dwelling Units (ADUs) may be allowed as conditional uses or due state law. Buyer should verify all zoning, setbacks, utility availability, and development requirements with the City of Cape Coral Planning Department. The property is available for a self-guided tour. Subleasing is not permitted. This lot is not available for rent or lease.
Facts & features
The home at a glance
0.23 ac
Lot size
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.
$927 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
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
Estimated payment
$927/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. 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.
Where it sits
Inside Cape Coral
Get to know Cape Coral. See the full Cape Coral guide →
CAPE CORAL 33993 — neighborhood snapshot
Population
33,045
Median age
43.7
Median income
$89,220
Median home value
$319,500
Avg household
2.96
Households w/ children
3,468
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)
Median sold price, Cape Coral, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 18% above the CAPE CORAL 33993 median. See the full Cape Coral market guide →
Paper trail
This home's history
Reality check
What actually sold near 401 NW 24TH TERRACE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Dec ’25$260,000
930 SW 34TH STREET · same community
3 bd · 2 ba · 1,182 sqft · $220/sqft · 68 DOM
Sold · Dec ’25$254,000
1714 NE 40TH LANE · same community
3 bd · 2 ba · 1,357 sqft · $187/sqft · 43 DOM
Sold · Mar ’26$298,000
4404 SW 7TH AVENUE · same community
3 bd · 2 ba · 1,359 sqft · $219/sqft · 51 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
Angela Rodriguez
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 401 NW 24TH TERRACE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 401 NW 24TH TERRACE — before you fall in love.
See it in person
Schedule a tour
Live availability from Angela's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
401 NW 24TH TERRACE FAQs
What would the monthly payment be for 401 NW 24TH TERRACE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $927/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 401 NW 24TH TERRACE?+
The most recent tax bill on record (2024) was $1,234. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Cape Coral?+
At $105,000, this home is listed about 76% below the Cape Coral median of $442,500. The market section on this page shows how the area is trending.
Which schools are assigned to 401 NW 24TH TERRACE?+
Mariner Middle School (middle), Mariner High School (high), Trafalgar Elementary School (elementary), Challenger Middle School (middle), Hector A. Cafferata Junior Elementary School (elementary), Patriot Elementary School (elementary), Skyline Elementary School (elementary), Ida S. Baker High School (high), Cape Coral High School (high), North Fort Myers High School (high), Island Coast High School (high) — Lee County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Positioned at the premium end
$105,000 runs 18% above the CAPE CORAL 33993 median.
02Time on market is leverage
327 days on market against a Cape Coral median of 51 — sellers in this position are usually ready to negotiate.
03Strong assigned schools
Mariner Middle School, Mariner High School, Trafalgar Elementary School, Challenger Middle School, Hector A. Cafferata Junior Elementary School, Patriot Elementary School, Skyline Elementary School, Ida S. Baker High School, Cape Coral High School, North Fort Myers High School, Island Coast High School — Challenger Middle School rates 4 of 5. Always verify assignments with the district.
Keep looking
Similar homes nearby
Listing courtesy of SUNLAND REAL ESTATE, LLC. · Javier Santana. MLS #O6345388.
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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