NOT LISTED FOR SALE

505 SW 15th Terrace Cape Coral, FL 33991

Hancock Neighborhood

Estimated Value: $395,000 - $521,000

4 Beds
2 Baths
1,877 Sq Ft
$252/Sq Ft Est. Value

Last Sold May 17, 2024

Last sale price $570,000 $304 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $2,735/month

Highlights

  • Boat Dock
  • Home fronts a seawall
  • Pond View
  • Cape Elementary School Rated A-
  • Concrete Pool
  • Canal Access

About This Home

As of June 2024

Experience the epitome of waterfront luxury in the newly available 2024 Bahama Model, poised for annual rental starting June 1 at $3,600 per month. Nestled in the prestigious mid-Southwest Cape area off Trafalgar Parkway, this exquisite property promises a sublime lifestyle with direct boating access to Lake Alhambra and Lake Kennedy with a dock that is in process of being built. The residence boasts a sophisticated open layout featuring four bedrooms (or three plus a den) and an expansive three-car garage.

Step inside to discover a stunning array of upgrades including a state-of-the-art kitchen equipped with stainless appliances, a large waterfall center island, and gorgeous granite counters complemented by a subway tile backsplash. Luxuriate in the master suite's dual sinks, separate shower, and soaking tub, surrounded by elegant 24x48 porcelain tiles that stretch throughout the home. High tray ceilings amplify the sense of space, while a bounty of windows invites natural light to sweep across every room.

Outdoors, the allure continues with a resort-style pool featuring a screened lanai and pool bath, all set against a newly installed seawall offering unobstructed views of the tranquil waters. Perfect for entertaining or personal retreat.

Located conveniently close to shopping, dining, and entertainment options, this property is more than a home—it’s a gateway to a coveted lifestyle. Whether you're soaking up the sun by the pool or setting sail from your backyard, life here is nothing short of paradise.

Last Agent to Rent the Property

Cynthia Boyce

COASTAL HOMES & RENTALS LLC License #506094286 Listed on: 05/21/2024

Co-Listed By

Katie Hudson

COASTAL HOMES & RENTALS LLC License #277014165

Last Renter's Agent

Katie Hudson

COASTAL HOMES & RENTALS LLC License #277014165

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,625

Year Built

  • Built in 2024

Lot Details

  • 10,019 Sq Ft Lot
  • Home fronts a seawall
  • Home fronts navigable water
  • North Facing Home
  • Sprinkler System

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Pond
  • Canal

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor

Interior Spaces

  • 1,877 Sq Ft Home
  • 1-Story Property
  • Custom Mirrors
  • Built-In Features
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • French Doors
  • Entrance Foyer
  • Great Room
  • Den
  • Screened Porch
  • Tile Flooring
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Self-Cleaning Oven
  • Electric Cooktop
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • Maid or Guest Quarters
  • 2 Full Bathrooms

Pool

  • Concrete Pool
  • In Ground Pool
  • Screen Enclosure

Outdoor Features

  • Canal Access
  • Screened Patio

Utilities

  • Central Heating and Cooling System
  • Water Not Available
  • Sewer Not Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $2,500
  • Tenant pays for application fee, credit check, cable TV, departure cleaning, electricity, gas, internet, janitorial service, pool maintenance, sewer, taxes, telephone, water
  • The owner pays for grounds care, management, pest control, pool maintenance, taxes, trash collection, water
  • Legal Lot and Block 13 / 1911

Community Details

Overview

  • Cape Coral Subdivision

Amenities

  • Bike Room
  • Community Storage Space

Recreation

  • Boat Dock
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,625

Year Built

Built in 2024

Lot Details

0

Parking

3

Rental Info

  • Tenant Pays: Application Fee, Credit Check, Cable TV, Departure Cleaning, Electricity, Gas, Internet, Janitorial Service, Pool Maintenance, Sewer, Taxes, Telephone, Water
  • Security Deposit: 2500.0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential Lease
  • Lot Size Acres: 0.23
  • Co List Office Mls Id: PO15481
  • Co List Office Phone: 239-233-4849
  • Subdivision Name: CAPE CORAL
  • Architectural Style: Contemporary
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: Yes
  • Year Built: 2024
  • Property Sub Type Additional: Single Family Residence
  • Special Features: NewHome

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Cooktop, Dishwasher, Electric Cooktop, Freezer, Disposal, Ice Maker, Microwave, Range, Refrigerator, Self Cleaning Oven
  • Owner Pays: Grounds Care, Management, Pest Control, Pool Maintenance, Taxes, Trash Collection, Water
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Flooring: Tile
  • Interior Amenities: Built-in Features, Tray Ceiling(s), Closet Cabinetry, Entrance Foyer, French Door(s)/Atrium Door(s), Custom Mirrors, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), High Speed Internet, Split Bedrooms
  • Living Area: 1877.0
  • Dining Room Type: Bathroom, Den, Guest Quarters, Great Room, Screened Porch
  • Stories: 1

Exterior Features

  • Lot Features: Sprinklers Automatic
  • Pool Features: Concrete, In Ground, Screen Enclosure
  • Pool Private: Yes
  • View: Canal, Pond, Water
  • View: Yes
  • Waterfront Features: Canal Access, Navigable Water, Seawall
  • Waterfront: Yes
  • Construction Type: Block, Concrete
  • Direction Faces: North
  • Exterior Features: Sprinkler/Irrigation, Patio
  • Patio And Porch Features: Lanai, Patio, Porch, Screened

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 3.0
  • Garage Spaces: 3.0
  • Parking Features: Attached, Covered, Driveway, Garage, Paved, Two Spaces, Garage Door Opener

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Inside
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: None
  • Utilities: Cable Available, High Speed Internet Available, Sewer Not Available, Water Not Available
  • Water Source: None

Condo/Co-op/Association

  • Community Features: Boat Facilities
  • Amenities: Bike Storage, Playground, Storage
  • Pets Allowed: Call, Conditional

Lot Info

  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 1

Tax Info

  • Tax Block: 1911
  • Tax Lot: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2024
Closed on
May 17, 2024
Sold by
Petrancosta Salvatore and Petrancosta Christine
Bought by
Vincent Rental Properties Llc
Seller's Agent
Cynthia Boyce
COASTAL HOMES & RENTALS LLC
Buyer's Agent
Katie Hudson
COASTAL HOMES & RENTALS LLC
Views
29
Current Estimated Value
$472,308

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-9.13%

Purchase Details

Listed on
Sep 16, 2021
Closed on
Nov 17, 2021
Sold by
Casey James Kurt and Casey Billie Frances
Bought by
Petrancosta Salvatore and Petrancosta Christine
Seller's Agent
James Sommers Pa
RE/MAX Trend
Buyer's Agent
Patrick Raymond Jr
List Price
$64,900
Sold Price
$60,000
Premium/Discount to List
-$4,900
-7.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
146.09%

Purchase Details

Closed on
Apr 16, 2010
Sold by
Hubert Thomas M and Dunaway Brian K
Bought by
Bittle Casey Sr James Kurt and Bittle Casey Frances Pauline

Purchase Details

Closed on
Feb 23, 2005
Sold by
Mannarino Jerry and Mannarino Dorothy
Bought by
Hubert Thomas M and Dunaway Brian K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,910
Interest Rate
6.62%
Mortgage Type
Commercial
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
Vincent Rental Properties Llc $570,000 Elite Title
Petrancosta Salvatore $60,000 Sandcastle Title Svcs Llc
Bittle Casey Sr James Kurt $13,000 Realty Title Solutions Lllp
Hubert Thomas M $109,900 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hubert Thomas M $98,910
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2024 06/13/24 Rented -- -- --
05/21/2024 05/21/24 For Rent $3,600 0.0% --
05/17/2024 05/17/24 Sold $570,000 -3.4% $304 / Sq Ft
05/17/2024 05/17/24 Pending -- -- --
04/11/2024 04/11/24 Price Changed $589,900 -1.7% $314 / Sq Ft
03/04/2024 03/04/24 Price Changed $599,900 +100050.3% $320 / Sq Ft
03/04/2024 03/04/24 For Sale $599 -99.0% $0 / Sq Ft
11/17/2021 11/17/21 Sold $60,000 -7.6% --
10/18/2021 10/18/21 Pending -- -- --
09/16/2021 09/16/21 For Sale $64,900 -- --
Source: Florida Gulf Coast Multiple Listing Service

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 $2,625 $54,827 -- --
2023 $2,276 $49,843 $0 $0
2022 $2,084 $45,312 $45,312 $0
2021 $1,813 $29,500 $29,500 $0
2020 $1,696 $27,000 $27,000 $0
2019 $1,646 $26,000 $26,000 $0
2018 $1,645 $28,000 $28,000 $0
2017 $1,580 $25,000 $25,000 $0
2016 $1,626 $25,000 $25,000 $0
2015 $1,578 $22,000 $22,000 $0
2014 $1,512 $21,000 $21,000 $0
2013 -- $11,400 $11,400 $0
Source: Public Records

Agents Affiliated with this Home

  • Cynthia Boyce

    Landlord's Agent in 2024

    Cynthia Boyce

    COASTAL HOMES & RENTALS LLC

    (651) 248-3968

    Cynthia Boyce
    Section Image

  • P

    Seller's Agent in 2024

    Patrick Raymond

    Nautical Realty Group Inc

    (239) 738-5766

    3 in this area

    31 Total Sales

    Patrick Raymond
    Section Image

  • K

    Landlord's Co-Listing Agent in 2024

    Katie Hudson

    COASTAL HOMES & RENTALS LLC

    (239) 233-4849

    1 in this area

    4 Total Sales

    Katie Hudson
    Section Image

  • K

    Buyer's Agent in 2024

    Kerry Constantine

    Power Brokers Real Estate, Inc

    (239) 691-7004

    3 in this area

    22 Total Sales

    Kerry Constantine
    Section Image
  • James Sommers Pa

    Seller's Agent in 2021

    James Sommers Pa

    RE/MAX

    (239) 851-2351

    20 in this area

    385 Total Sales

    James Sommers Pa
    Section Image

  • P

    Buyer's Agent in 2021

    Patrick Raymond Jr

See All Agents

Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 224043900

Florida Gulf Coast Multiple Listing Service

APN: 23-44-23-C4-01911.0130

Florida Lee County Cape Coral 33991 Hancock

505 SW 15th Terrace, Cape Coral, FL

This home is located at 505 SW 15th Terrace, Cape Coral, FL 33991 since 21 May 2024 and is currently priced at $472,308. This property was built in 2024. 505 SW 15th Terrace is a home located in Lee County with nearby schools including Caloosa Elementary School, Cape Elementary School, and Tropic Isles 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.

Florida Gulf Coast Multiple Listing Service The information is being provided by Southwest Florida Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 Southwest Florida Multiple Listing Service. All Rights Reserved

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