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2304 SE 8TH TER, Cape Coral FL 33990 — photo 11 / 25
5.0% reduced

2304 SE 8TH TER, Cape Coral FL 33990

Cape Coral, FL

List Price

$398,900

Type

Single Family

Bedrooms

4

Bathrooms

3

Price / SqFt

$210/sqft

Price reduction

5% below original list — was $419,999

From the listing

This inviting & cozy 4-bedroom, 3-bathroom originally started as a 3/2 with a den, offering ample space & versatility. The home features impact windows throughout. The kitchen is equipped with stainless steel appliances. Additional features include solar panels, promoting energy efficiency & sustainability, and a generator connection supporting both 220 V & 110 V. Enjoy the spacious yard spaces, which offer plenty of room for a pool, relaxation, entertainment, and screened in lanai. Garage features an automatic door opener and a secure code panel for easy access. This home offers easy access to schools, shopping, and parks. SELLERS CREDIT of $8,000.00 available at asking price.

Property Information

Square Feet
1,903
Units
1
Days on Market
271
Status
active

Location

County
Lee County
Zip Code
33990
Coordinates
26.6372, -81.9262

Represented by Academia

Academia Real Estate Corp can represent you on this property. Use the inquiry form to have a licensed broker reach out with full details and next steps.

Permit history

Permit records

Live permit data isn’t available via open data for this jurisdiction yet — check the official record directly.

Private inquiry

Interested in this deal?

Tell us a little and a licensed broker will follow up about this property.

Property: 2304 SE 8TH TER, Cape Coral FL 33990

Price: $398,900

We respect your privacy — your details are only used to follow up on this property.

Why this deal

  • 5% off original list price
  • Value-add opportunity
  • Represented end-to-end by Academia
  • Active listing — move quickly

Deal Score

48/100

Fair

How this
is scored →
Estimated equityassumed40%

Scored neutral: our comparable-sale selection is being rebuilt so that it no longer references the asking price, and we will not score equity from an estimate we are not willing to publish.

Discount depth20%

5.0% off original list (full marks at 25%+).

Days on market20%

271 days on market (full marks at 120+ — more time = more leverage).

Seller-motivation signals20%

No explicit distress language in the public remarks.

A screen of the public MLS data we have — not an appraisal, valuation, or investment advice. Factors marked “assumed” were missing from the feed and scored neutral.

Deal scorecard

How four stakeholders read this deal

Doverall

Strengths

  • Flood zone X — outside the Special Flood Hazard Area; flood insurance not federally mandated

Risks

  • Negative estimated equity — buying above estimated ARV, verify comps

What a super-investor sees

Investor

F

Investor equity estimate based on ARV from closed MLS comps minus list price and estima…

  • Negative estimated equity — buying above estimated ARV, verify comps

What a bank sees

Lender / financing

C

Lender financeability estimate based on list price, ARV, and condition signals. Not a f…

What an insurer sees

Insurance / 4-point

A

Insurability read from roof, electrical, plumbing and HVAC ages in the public record. M…

  • Flood zone X — outside the Special Flood Hazard Area; flood insurance not federally mandated

What a GC / AHJ sees

Permits / condition

Not assessed

We do not yet cover permit records in Lee County, so no permit search was run. Verify directly with the building department.

4-point — last permit

  • Roofnot covered
  • Electricalnot covered
  • Plumbingnot covered
  • HVACnot covered

Estimates from public data — not an appraisal, insurance quote, or financing commitment. Insurability as of 2026-08-17. Verify with licensed professionals.

Deal calculator

Value-add deal calculator

2304 SE 8TH TER, Cape Coral FL 33990, Cape Coral, FL

ARV is seeded from the asking price, not from comps — enter your own after-repair value. We are rebuilding comparable-sale selection so it no longer references the ask, and we will not pre-fill this field from an estimate we are not publishing.

Recommended max offer

$189,678

Room vs list (above list)

$209,222

Est. equity

-$117,168

-29% of ARV, at list

ROC at list

-23%

Est. all-in at list

$516,068

list + rehab + txn + carry

70% rule MAO

$213,230

Estimates only — not investment advice or an offer. ARV is drawn from recent closed comps; rehab from a rate-card range. Verify ARV, rehab, and all costs with a licensed professional before acting.

One Academia. Academia Development Corp and Academia Real Estate Corp are divisions of The Academia Group.

Florida Licensed · Real Estate Broker BK3384781 · verify at myfloridalicense.com