NOT LISTED FOR SALE

2240 NW 5th Terrace Cape Coral, FL 33993

Mariner Neighborhood

Estimated Value: $343,325 - $425,000

4 Beds
2 Baths
1,828 Sq Ft
$214/Sq Ft Est. Value

Last Sold March 09, 2023

Last sale price $339,999 $186 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,371/month

38 Days on Market

Highlights

  • Room in yard for a pool
  • Lanai
  • Walk-In Pantry
  • Cape Elementary School Rated A-
  • Great Room
  • Shutters

About This Home

As of March 2023

Under Construction. WELCOME TO YOUR BRAND NEW HOME!! This is our CALI floor plan at 1828 square feet. Great well & septic Cape Coral location right near El Dorado Blvd and Tropicana Pkwy. Home comes with 36” Designer White kitchen cabinets with hardware, quartz kitchen counters, solid surface bathroom counters, 18” tile everywhere except the bedrooms, carpet in bedrooms, ceramic wall tile in both bathroom showers, stainless kitchen appliances, white washer and dryer, blinds on all windows except for slider, paver driveways and lanai, covered lanai, full irrigation system, electric garage door with opener, a home-is-connected convenience package, and full builder’s warranty. We offer several varieties of financing options and ways to contribute to your closing costs. This is why owning a brand new home from America’s largest builder is going to be your best option.

Last Agent to Sell the Property

Debra Thomas

INACTIVE AGENT ACCT License #NAPLES-270515450 Listed on: 10/21/2022

INACTIVE AGENT ACCT

Last Buyer's Agent

Debra Thomas

INACTIVE AGENT ACCT License #NAPLES-270515450 Listed on: 10/21/2022

INACTIVE AGENT ACCT

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,976

Year Built

  • Built in 2023

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions: 80
  • South Facing Home
  • Sprinkler System

Parking

  • 2 Car Attached Garage

Home Design

  • Concrete Block With Brick
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,828 Sq Ft Home
  • 1-Story Property
  • Shutters
  • Single Hung Windows
  • Great Room
  • Family Room
  • Fire and Smoke Detector

Kitchen

  • Walk-In Pantry
  • Self-Cleaning Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks

Laundry

  • Laundry Room
  • Washer Hookup

Outdoor Features

  • Room in yard for a pool
  • Lanai

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Smart Home Wiring
  • Well
  • Cable TV Available

Community Details

  • Cape Coral Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,976

Year Built

Built in 2023

Lot Details

0

Parking

2

Listing Details

  • Legal Description: CAPE CORAL UNIT 51 BLK 3745 PB 19 PG 11 LOTS 13 + 14
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.597496$-82.01013899999998$139.56$13.33$1.00$R1lbEdaXWw3Vt_HC74yBFQ
  • Building Design: Single Family
  • Building Description: 1 Story/Ranch
  • Storm Protection: Shutters, Shutters - Manual
  • Year Built: 2023
  • Directions: From El Dorado Blvd go east onto NW 6th St. Then go south onto NW 24th Ave. Then go east onto NW 5th Ter. Home is on the right.
  • Property Information: Under Construction. WELCOME TO YOUR BRAND NEW HOME!! This is our CALI floor plan at 1828 square feet. Great well & septic Cape Coral location right near El Dorado Blvd and Tropicana Pkwy. Home comes with 36” Designer White kitchen cabinets with hardware, quartz kitchen counters, solid surface bathroom counters, 18” tile everywhere except the bedrooms, carpet in bedrooms, ceramic wall tile in both bathroom showers, stainless kitchen appliances, white washer and dryer, blinds on all windows except for slider, paver driveways and lanai, covered lanai, full irrigation system, electric garage door with opener, a home-is-connected convenience package, and full builder’s warranty. We offer several varieties of financing options and ways to contribute to your closing costs. This is why owning a brand new home from America’s largest builder is going to be your best option.
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Furnished Description: Unfurnished
  • Price Per Sq Ft: 186.00
  • Total Floors: 1
  • Additional Rooms: Family Room, Great Room, Guest Bath, Guest Room, Laundry in Residence, Open Porch/Lanai
  • Estimated Living Area: 1828
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedroom Description: First Floor Bedroom, Master BR Ground
  • Bedrooms: 4 Bed
  • Total Bedrooms: 4
  • Equipment: Cooktop - Electric, Dishwasher, Disposal, Home Automation, Microwave, Refrigerator/Icemaker, Self Cleaning Oven, Smoke Detector, Washer/Dryer Hookup
  • Flooring: Carpet, Tile
  • Floor Plan: Great Room
  • Interior Amenities: Built-In Cabinets, Cable Prewire, Foyer, Internet Available, Pantry, Smoke Detectors, Walk-In Closet, Window Coverings
  • Kitchen: Island, Walk-In Pantry
  • Primary Bathroom: Dual Sinks
  • Windows: Single Hung

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Shingle
  • Construction: Concrete Block
  • Road: City Maintained
  • View: Landscaped Area
  • Exterior Features: Room for Pool, Sprinkler Auto
  • Exterior Finish: Stucco

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 2
  • Parking: Driveway Paved

Utilities

  • Cable Available: Yes
  • Cooling: Central Electric
  • Heat: Central Electric, Heat Pump
  • Sewer: Septic
  • Water: Well

Condo/Co-op/Association

  • Mandatory HOA: No
  • Sub Condo Name: CAPE CORAL
  • Development Name: CAPE CORAL

Association/Amenities

  • Pets: No Approval Needed
  • Development: Cape Coral
  • Units In Building: 1
  • Total Number of Units: 1

Lot Info

  • Builder Product: Yes
  • Lot Back: 80
  • Lot Frontage: 80
  • Lot Left: 125
  • Lot Right: 125
  • Total Area: 2367
  • Waterfront: No
  • Acres: 0.2500
  • Rear Exposure: South
  • Lot Dimensions: 80 X 125

Rental Info

  • Lease Limits: No

Tax Info

  • Tax Description: New Construction
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2022
Closed on
Mar 9, 2023
Sold by
D R Horton Inc
Bought by
Bermudez Maria Reyna and Alfonso Leonel Martinez
Seller's Agent
Debra Thomas
INACTIVE AGENT ACCT
Buyer's Agent
Debra Thomas
INACTIVE AGENT ACCT
List Price
$380,990
Sold Price
$339,999
Premium/Discount to List
-$40,991
-10.76%
Views
35
Current Estimated Value
$361,665

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,666
Avg. Annual Appreciation
5.76%
Original Mortgage
$333,840
Outstanding Balance
$324,109
Interest Rate
6.13%
Mortgage Type
FHA
Estimated Equity
$66,722

Purchase Details

Closed on
Feb 24, 2022
Sold by
Usa Property Network Llc
Bought by
D R Horton Inc

Purchase Details

Listed on
Jun 22, 2021
Closed on
Aug 10, 2021
Sold by
Carroll Lorena Penaherrera and Coronel Gina Lorena
Bought by
Usa Property Network Llc
Seller's Agent
Lorena Penaherrera Coronel
EMPIRE NETWORK REALTY
Buyer's Agent
Adalgisa Cruz Suero
EXP REALTY LLC
List Price
$38,000
Sold Price
$25,000
Premium/Discount to List
-$13,000
-34.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
96.51%

Purchase Details

Closed on
Oct 15, 2002
Sold by
Coronel Valerie Daniela Penaher
Bought by
Carroll Lorena Penaherrera

Purchase Details

Closed on
Jun 11, 2002
Sold by
Pijpe Rudolph Jacques
Bought by
Coronel Valerie Daniela Penaher

Purchase Details

Closed on
Mar 21, 2000
Sold by
Cape Coral W Prop Inc
Bought by
Pijpe Rudolph Jacques

Purchase Details

Closed on
Oct 28, 1999
Sold by
Suit Robert O and Suit Lorraine
Bought by
Cape Coral W Properties Inc
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bermudez Maria Reyna $339,999 Dhi Title Of Florida
D R Horton Inc $100,000 Dhi Title Of Florida
Usa Property Network Llc $25,000 Watson Title Services Inc
Carroll Lorena Penaherrera -- --
Coronel Valerie Daniela Penaher -- --
Pijpe Rudolph Jacques $8,000 --
Cape Coral W Properties Inc $2,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bermudez Maria Reyna $333,840
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2023 03/09/23 Sold $339,999 -6.8% $186 / Sq Ft
11/28/2022 11/28/22 Pending -- -- --
10/27/2022 10/27/22 Price Changed $364,999 -4.2% $200 / Sq Ft
10/21/2022 10/21/22 For Sale $380,990 +1424.0% $208 / Sq Ft
08/10/2021 08/10/21 Sold $25,000 -34.2% --
07/09/2021 07/09/21 Pending -- -- --
06/22/2021 06/22/21 For Sale $38,000 -- --
Source: Naples Area Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,976 $302,634 $31,814 $256,201
2023 $1,251 $34,500 $34,500 $0
2022 $596 $19,131 $19,131 $0
2021 $508 $8,800 $8,800 $0
2020 $480 $8,800 $8,800 $0
2019 $463 $11,000 $11,000 $0
2018 $454 $11,000 $11,000 $0
2017 $421 $10,821 $10,821 $0
2016 $376 $8,000 $8,000 $0
2015 $344 $7,400 $7,400 $0
2014 $277 $5,922 $5,922 $0
2013 -- $4,200 $4,200 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2023

    Debra Thomas

    INACTIVE AGENT ACCT

    Section Image

  • L

    Seller's Agent in 2021

    Lorena Penaherrera Coronel

    EMPIRE NETWORK REALTY

    (310) 213-8857

    2 in this area

    5 Total Sales

    Lorena Penaherrera Coronel
    Section Image
  • Adalgisa Cruz Suero

    Buyer's Agent in 2021

    Adalgisa Cruz Suero

    EXP REALTY LLC

    (407) 866-4399

    2 in this area

    4 Total Sales

    Adalgisa Cruz Suero
    Section Image
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Map

Source: Naples Area Board of REALTORS®

MLS Number: 222076804

Naples Area Board of REALTORS®

APN: 09-44-23-C1-03745.0130

Florida Lee County Cape Coral 33993 Mariner

2240 NW 5th Terrace, Cape Coral, FL

This home is located at 2240 NW 5th Terrace, Cape Coral, FL 33993 since 21 October 2022 and is currently estimated at $390,831, approximately $213 per square foot. This property was built in 2023. 2240 NW 5th Terrace is a home located in Lee County with nearby schools including Caloosa Elementary School, Tropic Isles Elementary School, and Dr. Carrie D. Robinson Littleton Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Naples Area Board of REALTORS® The source of this real property information is the copyrighted and proprietary database compilation of the M.L.S. of Naples, Inc. Copyright 2025 M.L.S. of Naples, Inc. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.

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