Cape Coral Homes under $400,000

Welcome to Cape Coral, Florida – a hidden gem nestled in Lee County, where sunshine, waterways, and a vibrant community come together to create an idyllic living experience. Known for its stunning waterfront properties and picturesque canals, Cape Coral offers a lifestyle that is both relaxed and invigorating.

For those seeking their dream home without breaking the bank, you’ll be pleased to discover that Cape Coral boasts a variety of charming homes priced under $400,000. Whether you’re a first-time buyer, a growing family, or looking for a cozy retirement retreat, this delightful city has something for everyone.

Imagine waking up in a beautifully designed home, with easy access to over 400 miles of navigable waterways, perfect for boating, fishing, and enjoying the great outdoors. Many of these homes feature open floor plans, modern amenities, and spacious backyards, ideal for entertaining friends and family or simply soaking in the Florida sun.

In addition to its beautiful homes, Cape Coral offers a plethora of parks, recreational facilities, and family-friendly events that foster a strong sense of community. With its close proximity to stunning beaches, shopping centers, and dining options, you’ll never run out of things to do.

Cape Coral is not just a place to live; it’s a lifestyle. Discover the perfect home under $400,000 today and start your journey in this vibrant city where the sun shines bright and the opportunities are endless!

Newest Cape Coral Homes under $400,000

1027 NW 19th Street, Cape Coral $339,000

NEW CONSTRUCTION — 4 BEDROOMS, 3 FULL BATHS & CUSTOM UPGRADES THROUGHOUT! Welcome to 1027 NW 19th Street, a stunning coastal contemporary home where quality construction,...

4 Beds
3 Baths
Cape Coral SubDv.

2323 NW 43rd Avenue, Cape Coral $375,000

NEW TO MARKET & PRICED TO SELL! Built in 2023, this beautifully maintained 3-bedroom plus den, 2-bath home is ideally located in Northwest Cape Coral, just minutes from t...

3 Beds
2 Baths
Cape Coral SubDv.

318 SE 23rd Terrace, Cape Coral $344,000

NO details spared in this LIKE NEW, MOVE IN READY, 3/2 FENCED home with Coastal CHARM located in prime Mid Cape Coral! Let's get down to business and share that this beau...

3 Beds
2 Baths
Cape Coral SubDv.

1909 NE 19th Place, Cape Coral $369,900

Welcome to this impressive new construction home located in Northeast Cape Coral, situated on a spacious triple lot with city water and sewer. This residence offers 3 bed...

3 Beds
2 Baths
Cape Coral SubDv.

2306 SE 8th Street, Cape Coral $379,900

Desirable freshwater pool home located in SE Cape Coral's highly sought-after Lake Manitoba area. This 3-bedroom, 2-bathroom residence has 1,716 square feet of living spa...

3 Beds
2 Baths
Cape Coral SubDv.

1156 NW 1st Avenue, Cape Coral $369,000

Rare opportunity to personalize the decor of this large two-story 2922 square foot residence situated on a 0.23-acre lot in a tranquil, family-friendly residential enclav...

3 Beds
3 Baths
Cape Coral SubDv.

1318 NE 2nd Avenue, Cape Coral $349,000

SELLER FINANCING AVAILABLE + ALL ASSESSMENTS IN AND PAID IN FULL! Take advantage of an exceptional opportunity to own a BRAND-NEW 2026-BUILT HOME in Cape Coral without th...

3 Beds
2 Baths
Cape Coral SubDv.

1300 SW 22nd Avenue, Cape Coral $379,000

Beautifully positioned on a corner lot, this 3-bedroom, 2-bath home with a 2-car garage offers a flexible layout and a convenient Cape Coral location. In addition to the ...

3 Beds
2 Baths
Cape Coral SubDv.

2240 SE 27th Terrace, Cape Coral $389,500

Escape to your own private Tropical Oasis in Cape Coral’s highly desirable Gold Coast Estates neighborhood! This inviting pool home features an open, split-bedroom floor ...

3 Beds
2 Baths
Cape Coral SubDv.

3801 SE 10th Avenue, Cape Coral $249,900

THIS IS A SHORT SALE AND SUBJECT TO THE SELLER'S LENDERS APPROVAL. This nicely updated 2-bedroom, 2-bath single-family home offers 1,126 square feet of comfortable living...

2 Beds
2 Baths
Cape Coral SubDv.

117 SE 45th Terrace, Cape Coral $260,000

One of the best priced, MOVE-IN READY, HEATED POOL homes in Southeast Cape Coral! Welcome into the perfect Florida retreat with fresh paint, IMPACT WINDOWS, and tile floo...

2 Beds
2 Baths
Cape Coral SubDv.

338 SE 46th Lane, Cape Coral $384,999

One or more photo(s) has been virtually staged, AI generated or rendered. Open the sliders, pour your morning coffee and head out to the pool. This three-bedroom, two-ba...