Pending House MLS# 2026034208

850 SE 1st TER

CAPE CORAL, FL 33990

$300,000

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About 850 SE 1st TER

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!

Property details

Property

Type
Single Family Residence
MLS type
Single Family Home
Status
Pending
Year built
1988
Stories
2
Living area
1,815 sqft
Price / sqft
$165
Lot
0.23
Full baths
2
Furnished
Unfurnished
Original price
$300,000
MLS #
2026034208

Interior

Features
true, Central Electric, Breakfast Bar, Dining - Living, Foyer, Laundry Tub, Volume Ceiling, Walk-In Closet(s), Window Coverings, Laundry in Residence, Laundry Tub, Carpet, Tile, Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Appliances
Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Flooring
Carpet, Tile
Heating
true, Central Electric
Cooling
true, Central Electric
Laundry
Laundry in Residence, Laundry Tub
Windows
Window Coverings

Exterior & lot

Features
Single Family, Screened Lanai/Porch, Below Ground, Concrete, Screened, Attached, Parking spaces: 2
Construction
Wood Frame, Vinyl Siding, 2, Shingle, Window Coverings
Roof
Shingle
Lot
Lake, Water, View, R1, CAPE CORAL UNIT 16 BLK 1478 PB 13 PG 86 LOTS 24 + 25, 18-44-24-C1-01478.0240, No Commercial, No RV
View
Lake, Water
Waterfront
Fresh Water, Lake, Navigable, Seawall
Parking
Attached
Garage spaces
2

Schools

District
Lee County School District

Utilities

Utilities
Assessment Paid, Central
Water
Assessment Paid, Central

Financial

Financial
Florida Gulf Coast
Annual tax
$1,141
Tax year
2025
Parcel
18-44-24-C1-01478.0240
Legal
CAPE CORAL UNIT 16 BLK 1478 PB 13 PG 86 LOTS 24 + 25

Location

Subdivision
CAPE CORAL
Area
CAPE CORAL
County
Lee
Neighborhood
Shamrock Lakes
Community
Lee, 9.0, Florida Gulf Coast

Location

Neighborhood
Shamrock Lakes
Subdivision
CAPE CORAL
School district
Lee County School District

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Listed by Paula Hellenbrand, Encore Realty Services Inc

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.