Cape Coral Homes under $400,000

Welcome to Cape Coral, Florida – a vibrant city known for its stunning waterfront properties and a laid-back lifestyle that perfectly encapsulates the charm of Southwest Florida. Nestled in Lee County, Cape Coral boasts over 400 miles of navigable canals, making it one of the most unique cities in the United States for water enthusiasts. With its sunny climate, beautiful parks, and an array of recreational activities, Cape Coral is a haven for families, retirees, and anyone seeking a slice of paradise.

For those looking to buy a home without breaking the bank, Cape Coral offers an enticing selection of properties priced under $400,000. This is an exceptional opportunity to invest in a community that is rapidly growing and thriving. Whether you’re searching for a cozy single-family home, a modern townhouse, or a charming condo, you’ll find a variety of options that cater to diverse lifestyles and budgets.

Imagine waking up in your new home, sipping coffee on your patio while enjoying serene water views or taking a leisurely stroll through one of the many local parks. With access to some of Florida's best boating, fishing, and outdoor activities, Cape Coral is the perfect backdrop for your next chapter.

Don’t miss out on the chance to own a piece of this beautiful city at an affordable price. Explore the homes available under $400,000 and discover why Cape Coral is not just a place to live, but a place to thrive!

Newest Cape Coral Homes under $400,000

832 Heather Lake Avenue, Cape Coral image

832 Heather Lake Avenue, Cape Coral $395,000

Welcome to Cape Coral, this home is located in the desirable gated community of Stonewater. Beautiful single level home,no food zone.with 4 bedrooms,2 bathrooms,42 inch g...

4 Beds
2 Baths
Cape Coral SubDv.

4507 SE 9th Place, Cape Coral $300,000

This SE Cape Coral home is located in an established neighborhood off Coronado Parkway that's a short walk to downtown Cape with access to shopping, restaurants, and more...

3 Beds
2 Baths
Cape Coral SubDv.

4137 Ne 14th Place, Cape Coral $265,000

This well-maintained 3-bedroom, 2-bath residence in NE Cape Coral features a 2-car garage, brick paver driveway, and an inviting covered front entry. The bright, open liv...

3 Beds
2 Baths
Cape Coral SubDv.

1064 Winding Pines Circle N Unit 203, Cape Coral image

1064 Winding Pines Circle N Unit 203, Cape Coral $255,000

BEAUTIFUL LAKE VIEWS, SPACIOUS LIVING, AND RESORT-STYLE AMENITIES! Welcome to Casa Di Fiori, where this beautifully presented three-bedroom, first floor condominium offer...

2 Beds
2 Baths
Casa Di Fiori SubDv.

4137 NE 14th Place, Cape Coral $265,000

This well-maintained 3-bedroom, 2-bath residence in NE Cape Coral features a 2-car garage, brick paver driveway, and an inviting covered front entry. The bright, open liv...

3 Beds
2 Baths
Cape Coral SubDv.

902 SW 48th Terrace Unit 104, Cape Coral image

902 SW 48th Terrace Unit 104, Cape Coral $289,900

WIDE WATER VIEWS, SOUTHERN EXPOSURE & BEAUTIFUL FLORIDA SUNSETS! Welcome to this beautifully maintained first-floor condo offering an impressive water view overlookin...

2 Beds
2 Baths
Dockside Condo Of Cape Coral SubDv.

1121 Van Loon Commons Circle Unit 301, Cape Coral image

1121 Van Loon Commons Circle Unit 301, Cape Coral $172,500

One or more photo(s) has been virtually staged, AI generated or rendered. Enjoy bright, inviting living in this beautifully maintained top-floor end unit in Van Loon Com...

2 Beds
2 Baths
Van Loon Commons SubDv.

922 SW 48th Terrace Unit 115, Cape Coral image

922 SW 48th Terrace Unit 115, Cape Coral $270,000

MILLION DOLLAR VIEW FOR UNDER $ 300,000. This beautiful waterfront corner unit condominium offers southern exposure with direct water access to the Gulf of Mexico. Enjoy ...

2 Beds
2 Baths
Searay Condo SubDv.

2624 Sw 8th Court, Cape Coral $359,900

Beautiful 3bed 2bath FULLY FENCED Home, built in 2020, 1,750sqft of living space, NO FLOOD ZONE, ALL ASSESSMENTS PAID, Kitchen boost a big ISLAND with QUARZ COUNTERTOPS...

3 Beds
2 Baths
Cape Coral SubDv.

2624 SW 8th Court, Cape Coral $359,900

Beautiful 3bed 2bath FULLY FENCED Home, built in 2020, 1,750sqft of living space, NO FLOOD ZONE, ALL ASSESSMENTS PAID, Kitchen boost a big ISLAND with QUARZ COUNTERTOPS...

3 Beds
2 Baths
Cape Coral SubDv.

3904 NW 38th Street, Cape Coral $380,000

STUNNING NEW CONSTRUCTION WITH CUSTOM DESIGNER FINISHES, IMPACT WINDOWS & DOORS, AND AN EXCEPTIONAL OUTDOOR ENTERTAINING SPACE! Discover modern Florida living in this ...

3 Beds
2 Baths
Cape Coral SubDv.

2616 NE 5th Place, Cape Coral $399,900

Welcome to your dream home in Cape Coral! This stunning single family home boasts 3 bedrooms, 3 bathrooms, and a 2 car garage, perfect to entertain guests. The office spa...

3 Beds
3 Baths
Cape Coral SubDv.