850 SE 1st TER
Single Family Home $ 300,000

850 SE 1st TER

Cape Coral, FL 33990

  • 2 Beds
  • 2 Baths
    Full Baths: 2
  • 1,815 SqFt
  • 10,018 Lot Size
  • 1988 Year Built
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!
Listed by Encore Realty Services Inc

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PROPERTY DETAIL

  • Key Details

    Property Type Single Family Home

    Sub Type Single Family Residence

    Listing Status Active

    Purchase Type For Sale

    Square Footage 1, 815 sqft

    Price per Sqft $165

    Subdivision Cape Coral

    MLS Listing ID 2026034208

    Bedrooms 2

    Full Baths 2

    HOA Y/N No

    Annual Recurring Fee 9.0

    Min Days of Lease 7

    Leases Per Year 52

    Year Built 1988

    Annual Tax Amount $1,141

    Tax Year 2025

    Lot Size 10,018 Sqft

    Acres 0.23

    Property Sub-Type Single Family Residence

    Source Florida Gulf Coast

  • Location

    State FL

    County Lee

    Area Cc14 - Cape Coral Unit 16, 18, 22-

    Zoning R1

    Direction North on Se 8th Pl to East on SE 1st Ter. Property is on the left.

  • Rooms

    Primary Bedroom Level Master BR Ground

    Master Bedroom Master BR Ground

    Dining Room Breakfast Bar, Dining - Living

  • Building

    Lot Description Across From Waterfront, Regular

    Faces North on Se 8th Pl to East on SE 1st Ter. Property is on the left.

    Sewer Assessment Paid, Central

    Water Assessment Paid, Central

    Structure Type Wood Frame,Vinyl Siding

    New Construction No

  • Interior

    Interior Features Split Bedrooms, Great Room, Entrance Foyer, Volume Ceiling, Walk-In Closet(s)

    Heating Central Electric

    Cooling Central Electric

    Flooring Carpet, Tile

    Window Features Impact Resistant,Single Hung,Impact Resistant Windows,Shutters Electric,Shutters - Manual,Window Coverings

    Appliance Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer

    Laundry Inside, Sink

  • Exterior

    Exterior Feature Room for Pool, Sprinkler Auto

    Garage Spaces 2.0

    Community Features None, Boating, Non-Gated

    Utilities Available Cable Available

    Waterfront Description Fresh Water,Lake Front,Navigable Water,Seawall

    View Y/N No

    View Lake, Water

    Roof Type Shingle

    Porch Screened Lanai/Porch

    Garage Yes

    Private Pool No

  • Others

    HOA Fee Include None

    Tax ID 18-44-24-C1-01478.0240

    Ownership Single Family

    Acceptable Financing Buyer Finance/Cash, FHA, VA Loan

    Listing Terms Buyer Finance/Cash, FHA, VA Loan

    Pets Allowed No Approval Needed

    Virtual Tour https://tours.realestatephotos360.com/s/idx/333765

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Richard & Paula Hellenbrand
Richard & Paula Hellenbrand

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