$250,000

718 38th Place

Cape Coral, FL 33993

Active
0
Baths
0.23
Acres
WaterfrontWater access$25/sqft360° tour
🏠Land

Property type

📐10,019 sqft

Lot size

📊$25

Price / sq ft

🏘️No HOA

HOA dues

📅722

Days on market

🌊AE

Flood zone

About this home

Imagine the possibilities with this magnificent gulf access lot, perfectly positioned on Watermelon Canal in the highly desirable part of NW Cape Coral. As you envision your future here, you'll be captivated by the tranquil views and the peaceful atmosphere. It's more than just living; it's about experiencing a lifestyle that balances comfort and relaxation with the excitement of coastal living. Strategically located just east of Old Burnt Store Rd, this lot places you minutes away from the open Gulf waters with only 1 bridge with 9’ clearance. The potential for waterfront bliss is endless, from boating escapades to tranquil evenings by the water with amazing sunsets. With brand new homes being built this area is highly sought after. Also the upcoming 7 Islands development elavates this opportunity, promising a host of new amenities including fine dining, shopping, and recreational activities. This addition will not only enhance your lifestyle but also add value to your investment. Don't let this opportunity sail away. Secure your piece of paradise in NW Cape Coral, where your dream waterfront lifestyle awaits. Build your dream home here. If you need a builder I can help there too.

Estimated monthly payment

Principal & interest$1,264
Property taxes$159
Home insurance (est.)$115

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history722 days on market

  1. Status: Active
    Jan 22, 2025
  2. Listed$273,000
    Jan 16, 2024
  3. Price reduced$250,000

Virtual Tour

Facts & features

Property type
Land
Status
Active
Days on market
722
Subdivision
Cape Coral
County
Lee
Price/sq ft
$25
Lot size
10,019 sq ft
Lot category
0 to less than 1/4
Flood zone
AE (12071C0241G)
Annual taxes
$1,907 (2022)
Parcel #
07-44-23-C1-04145.0290
Zoning
R1-W
MLS #
A4595795

Interior Details

Direction faces
East

HOA & Financial

Total monthly fees
$0/mo
Total annual fees
$0
CDD
No
Listing terms
Cash
Ownership
Fee Simple

Exterior & Construction

Waterfront
Yes
Water access
Yes
Water view
Yes
Road surface
Asphalt, Paved

Utilities

Sewer
None
Water source
None
Utilities
BB/HS Internet Available, Electricity Available, Phone Available

Community

Pets allowed
Yes

Listing Details

Listing date
2024-01-16
On market date
2024-01-16
Original list price
$273,000
MLS area
33993 - Cape Coral
Listing AOR
Sarasota - Manatee
Status changed
2025-01-22
Tax legal description
CAPE CORAL UNIT 59 BLK 4145 PB 19 PG 151 LOTS 29 + 30

Flood risk

High riskFEMA Zone AEPanel 12071C0241G

FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

Directions

From Pine Island Road, North on Burnt Store, Left on Tropicana, Left on 38th Pl and lot is on your right.

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MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the MLS GRID as of January 13, 2026 at 6:42 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA