850 SE 1st Terrace, Cape Coral, FL 33990
Local realty services provided by:CENTURY 21 AllPoints Realty
Listed by: paula hellenbrand, richard hellenbrand
Office: encore realty services inc
MLS#:2026034208
Source:FL_GFMB
Price summary
- Price:$300,000
- Price per sq. ft.:$61.64
About this home
THE ULTIMATE BOGO—BUY THE LAKEFRONT LOT AND GET THE HOUSE! Okay, maybe not literally, but when a property on beautiful Shamrock Lake is priced this close to lot value AND comes with a cute saltbox-style home with a new roof, impact windows, updated kitchen, two-car garage, in-ground spa and an unfinished second floor with even more potential…you have to admit, that’s one heck of an opportunity! This one is all about LOCATION, VALUE and POSSIBILITY—and there’s plenty of all three. Inside, 10’ ceilings and a greatroom-style floorplan give the home an open, airy feel, while large 8’ pocketing sliders put that LAKE VIEW front and center. The kitchen has already received a stylish refresh with white wood shaker cabinetry featuring tongue-and-groove construction and soft-close features, white and gray granite countertops and a stunning backsplash. The home currently offers two bedrooms, each with the privacy of its own bathroom, including an en-suite arrangement with walk-in closet and several updates. But here’s where the POTENTIAL gets even more interesting—the unfinished second floor is already pre-plumbed and pre-wired and may offer the opportunity to create an additional bedroom, loft/study and/or bathroom. Bring your ideas and imagine what this home could become! Outside, the extended lanai is all about enjoying the Florida lifestyle and those wide-open lake views. There’s even a large in-ground concrete spa for soaking, relaxing and taking it all in. And Shamrock Lake isn’t just a pretty view—it’s your gateway to adventure! Head out from your own backyard and explore Cape Coral’s connected freshwater lakes and canals, whether you’re fishing, kayaking, boating, bird watching or simply enjoying an afternoon playing on the water. Newer impact-glass windows add another valuable improvement, while electric roll-down Kevlar shutters protect your patio furniture and lanai. The two-car garage features a newer hurricane-reinforced garage door. Thanks to Hurricane Ian this lovely home has NEW vinyl siding, NEW gutters and a NEW 2024 dimensional-shingle roof. The home was repiped several years ago, the water heater is NEW in 2026 and the HVAC is approximately 10–11 years old. City water and sewer are IN AND PAID. Even better, the property is not located in a mandatory flood insurance zone and experienced no water intrusion from any storms. CAPE CORAL is known for its 400 miles of canals—more than any other city in the world—Cape Coral offers boating, fishing, kayaking, waterfront dining, golf, parks, recreation and sunshine in abundance. With easy access to Fort Myers, area beaches, airports and all that Southwest Florida has to offer, it’s easy to understand why so many people love calling the Cape home. Shamrock Lake is your playground to explore, you can fish, kayak, boat, bird watch or simply sit back and enjoy the view. Come for the LAKEFRONT LOT, stay for all the possibilities…and decide for yourself if this might just be Cape Coral’s ultimate BOGO!...
Contact an agent
Home facts
- Year built:1988
- Subdivision & Development:CAPE CORAL
- Listing ID #:2026034208
- Added:1 day(s) ago
- Updated:August 17, 2026 at 01:11 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:2
- Full bathrooms:2
- Flooring:Carpet, Tile
- Kitchen Description:Dishwasher, Microwave, Range, Refrigerator
- Living area:1,815 sq. ft.
Heating and cooling
- Cooling:Electric
- Heating:Central, Electric
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1988
- Building area:1,815 sq. ft.
- Lot area:0.23 Acres
- Construction Materials:Vinyl Siding, Wood Frame
- Exterior Features:Lanai, Porch, Room For Pool, Screened, Shutters Electric, Shutters Manual, Sprinkler Irrigation
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$300,000
- Price per sq. ft.:$61.64
- Tax amount:$1,141 (2025)
Features and amenities
- Laundry features:Dryer, Inside, Laundry Tub, Washer
Parking
- Parking description:Attached, Garage, Garage Door Opener
- Garage:Yes
- Garage spaces:2
New listings near 850 SE 1st Terrace
- New
$2,790,000Active4 beds 5 baths3,303 sq. ft.2706 El Dorado Parkway W, Cape Coral, FL 33914
MLS# 2026022287Listed by: VESTEVA REAL ESTATE - New
$299,000Active0.29 Acres3713 NW 14th Street, Cape Coral, FL 33993
MLS# 2026034697Listed by: CENTURY 21 SELLING PARADISE - New
$635,000Active4 beds 2 baths2,010 sq. ft.3716 SW 11th Place, Cape Coral, FL 33914
MLS# 2026034579Listed by: PREMIER CAPE REALTY INC. - New
$999,000Active0.26 Acres429 Cape Coral Parkway E, Cape Coral, FL 33904
MLS# 2026034829Listed by: EPIQUE REALTY INC. - New
$539,900Active4 beds 2 baths1,700 sq. ft.1807 NE 2nd Street, Cape Coral, FL 33909
MLS# 2026034830Listed by: SPOSEN REALTY & DEVELOPMENT - Open Sat, 10am to 12pmNew
$664,900Active3 beds 2 baths1,976 sq. ft.1017 SE 36th Terrace, Cape Coral, FL 33904
MLS# 2026034700Listed by: EPIQUE REALTY INC. - New
$149,900Active0.36 Acres1828 SW 32nd Street, Cape Coral, FL 33914
MLS# 2026034814Listed by: CENTURY 21 SUNBELT REALTY - New
$65,000Active0 Acres2925 Diplomat Pkwy W, Cape Coral, FL 33993
MLS# A12072228Listed by: THE KEYES COMPANY - New
$259,900Active3 beds 2 baths1,665 sq. ft.3506 Country Club Boulevard, Cape Coral, FL 33904
MLS# 2026034801Listed by: MARZUCCO REAL ESTATE